
Cheap Apartments for Rent in the Miami Riverwalk Neighborhood of Miami, FL from $700 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in the Miami Riverwalk area of Miami.


340 SW 18th Rd

365 NW 8th St

143 SW 9th St

501 SW 6th Ct

540 NW 7th St

421 SW 6th St

500 SW 9th Ave
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

400 NW S River Dr

940 SW 4th Ave

459 SW 4th St

Grand Station
Miami Riverwalk, Miami, FL Local Guide

How much does it cost to rent an apartment in Miami Riverwalk?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Miami Riverwalk Studio Apartments | $2,778 | $1,200 | $5,217 |
Miami Riverwalk 1 Bedroom Apartments | $3,469 | $850 | $6,730 |
Miami Riverwalk 2 Bedroom Apartments | $4,228 | $1,333 | $9,086 |
Miami Riverwalk 3 Bedroom Apartments | $5,819 | $3,300 | $10,000+ |
Miami Riverwalk 4 Bedroom Apartments | $6,049 | $3,495 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 45 rentals with your search options within a 1 mile radius of the Miami Riverwalk Neighborhood of Miami, FL.
See all Apartments in MiamiExplore Miami
Miami Riverwalk, Miami, FL Local Guide
- Nearby Miami neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Miami Riverwalk Apartments for Rent
 The cheapest available apartment rental in the Miami Riverwalk area of Miami, FL is a 2 Beds unit found at Sawyer’s Walk priced from $1,333. Miami Station has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,700. Here are the most affordable Miami Riverwalk apartments for rent in Miami, FL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Sawyer’s Walk | Two Bedroom | 2BR,2BA | $1,333 |
Miami Station | 1BR/1BA | 1BR,1BA | $1,700 |
555 SW 4Th ST | 1BR/1.0BA | 1BR,1BA | $1,780 |
909 NW 5th St | 1x1 | 1BR,1BA | $1,850 |
Ram Miami River South Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,919 |
Arte Grand Central | S8/S9 | Studio,1BA | $1,961 |
Downtown 5th | One Bedroom/One Bath | 1BR,1BA | $2,000 |
Best Value Apartments for Rent in Miami Riverwalk, FL
As of March 26, 2025 the best value apartment in the Miami Riverwalk area is the $1.52 price per square foot 740 SW 9th St Model at 740 SW 9th St, Unit 1 in the in the Miami Riverwalk neighborhood starting from $3,500. The second greatest value Miami Riverwalk apartment is the 999 Brickell Bay Dr Model at 999 Brickell Bay Dr, Unit 1510 starting at $3,200 with a $2.46 price per square foot in the Miami Riverwalk neighborhood. Here is today’s list of the best values for Miami Riverwalk apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
740 SW 9th St, Unit 1 | 740 SW 9th St | 1BR,1BA | $1.52 |
999 Brickell Bay Dr, Unit 1510 | 999 Brickell Bay Dr | 2BR,2BA | $2.46 |
44 W Flagler St, Unit D 3007 | 44 W Flagler St | 2BR,2BA | $2.86 |
1019 SW 5th Ave, Unit B3 | 1019 SW 5th Ave | 2BR,2BA | $2.68 |
41 SE 5th St, Unit 1206 | 41 SE 5th St | 1BR,1.5BA | $2.86 |
Sawyer’s Walk | Two Bedroom | 2BR,2BA | $1.33 |
720 SW 7th Ave, Unit 2 | 720 SW 7th Ave | 2BR,1BA | $2.44 |
650 SW 5th St, Unit 1 | 650 SW 5th St | 1BR,1BA | $2.84 |
Otto - Co-Living Apartments | Private Room in Two Bed Two Bath | 1BR,1BA | $1.90 |
Aerie - Co-Living Apartments | Private Bedroom in Shared 2Bd Apartment | 1BR,1BA | $1.67 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleMiami Riverwalk, Miami, FL
Ranked #40
Among neighborhoods in Miami, FL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Miami Riverwalk, Miami, FL
School data provided by Great Schools
Best Local Schools in Miami Riverwalk, Miami, FL
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving.com is happy to bring you Lifestyle Ratings of rentals in areas across the United States and customized analysis for Eastern Miami, FL. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, pet-friendly features, places to raise kids, proximity to transit, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Miami Riverwalk Apartments
What is the Cheapest Studio apartment in Miami Riverwalk?
Currently the most affordable Cheap Studio Apartment in Miami Riverwalk is at Arte Grand Central listed at $1,961.
How much is rent for a Cheap One Bedroom Miami Riverwalk Apartment?
The lowest price for a Cheap One Bedroom Miami Riverwalk Apartment is $1,700 at Miami Station.
What is the lowest price for a Cheap Two Bedroom Miami Riverwalk Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Miami Riverwalk is starting from $1,333 at Sawyer’s Walk.
What is the most affordable Miami Riverwalk Three Bedroom Apartment?
The best deal on a cheap Miami Riverwalk Three Bedroom Apartment rental is at Downtown 5th and starts from $3,800.
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.

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.

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.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
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.

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.