Cheap Apartments for Rent in the Edgewater Neighborhood of Miami, FL from $1,200 (24 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Edgewater area of Miami.

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property at 230 NE 5th Ct

230 NE 5th Ct

MiamiFL33137

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

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Audy Apartments
1 Bedroom Apartments

Audy Apartments

601 NE 22nd StMiami, FL 33137
  • Utilities Included
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23 Palms
1 Bedroom Apartments

23 Palms

435 NE 23rd StMiami, FL 33137
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Showing Results 1-24, Page 1 of 1

Cheapest Available Edgewater Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Bay Park Towers712Studio,1BA$1,925

Best Value Apartments for Rent in Edgewater, FL

As of April 23, 2025 the best value apartment in the Edgewater area is the $1.15 price per square foot 600 NE 36th St Model at 600 NE 36th St, Unit PH22 Room only in the in the Downtown Miami neighborhood starting from $1,950. The second greatest value Edgewater apartment is the 480 NE 29th St Model at 480 NE 29th St, Unit B3 starting at $3,599 with a $3.02 price per square foot in the Downtown Miami neighborhood. Here is today’s list of the best values for Edgewater apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
600 NE 36th St, Unit PH22 Room only600 NE 36th St1BR,1BA$1.15
480 NE 29th St, Unit B3480 NE 29th St2BR,2BA$3.02
460 NE 29th Ter, Unit B8460 NE 29th Ter2BR,2BA$3.15
Camelot Court2b/1bath2BR,1BA$2.40
2328 NE 2nd Ave, Unit 25022328 NE 2nd Ave2BR,1BA$2.89
154 NE 23rd St, Unit A1154 NE 23rd St1BR,1BA$2.89
405 NE 34th St, Unit A405 NE 34th St1BR,1BA$3.21
528 NE 26th St, Unit A1528 NE 26th St1BR,1BA$3.40
145 NE 22nd St, Unit S1145 NE 22nd StStudio ,1BA$3.45
105 NE 22nd St, Unit 4105 NE 22nd StStudio ,1BA$3.00

Getting Around the Edgewater Neighborhood in Miami, FL

Walk Score®

91 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

76 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

61 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Edgewater Apartments

What is a cheap apartment in Edgewater?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Edgewater is under $1,925.

What is the price of a cheap apartment in Edgewater?

The cheapest apartment in Edgewater is Bay Park Towers which is listed at $2,185, while the average apartment in Edgewater costs $16,079.

What types of apartments are the cheapest in Edgewater?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 26 regular apartments in Edgewater that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Edgewater?

Cheap apartments in Edgewater have an average cost of $378 which is $15,701 cheaper than the average rent for all rentals in Edgewater.

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

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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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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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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

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Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.