Apartments for Rent in Miami, FL Under $500 (7 Rentals)

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Washington Square
1 to 2 Bedroom Apartments

Washington Square

1146 NW 7th CtMiami, FL 33136
Senior Living
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959 SW 5th St
Studio to 3 Bedroom Apartments

959 SW 5th St

959 SW 5th StMiami, FL 33130
  • Utilities Inc.
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Mazal Investments 32
Studio to 2 Bedroom Apartments

Mazal Investments 32

251 NE 10th StHomestead, FL 33030
  • Utilities Inc.

Miami's Best Affordable Neighborhoods

Learn about Miami and the best places to live with original content written by our Miami, FL Local Expert Kelly Reising

Miami, FL Local Guide

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Getting Around Miami, FL

Walk Score®

71 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

59 / 100

Bikeable

Some bike infrastructure

Transit Score®

40 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Miami

How much are Studio apartments in Miami?

There are currently 1,355 Studio Apartments in Miami with rent ranges from $1,000 to $5,549 with an average price of $2,284.

What is the current price range for One Bedroom Miami Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Miami ranges from $510 to $8,500 with an average monthly rent of $2,602.

What does renting a Two Bedroom Apartment in Miami cost?

The monthly rent prices of Two Bedroom Apartments currently available in Miami range from $567 to $13,842. Today's average rental price for Two Bedrooms here is $3,173.

How expensive are Miami Three Bedroom Apartments?

There are currently 1,254 Three Bedroom Apartments listings available in Miami on ApartmentHomeLiving.com. The pricing ranges from $619 to $30,000 - averaging $4,065 for the location.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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The 10 Best Affordable Neighborhoods in Miami, FL

Written by: Kelly Reising

I’m Kelly, your ApartmentHomeLiving.com local expert from Miami, Florida. I’ve lived in Miami for a while now, and it’s truly one of the most exciting, vibrant, and beautiful places to live.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.