Cheap Apartments for Rent in the University Park Neighborhood of Miami, FL from $900 (3 Rentals)

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

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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Coral Park Apartment
1 Bedroom Apartments

Coral Park Apartment

9854 SW 8th StMiami, FL 33174
  • Utilities Included

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Summer Grove
1 to 3 Bedroom Apartments

Summer Grove

10331 SW 24th StMiami, FL 33165
  • Utilities Included

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Best Value Apartments for Rent in University Park, FL

As of May 11, 2025 the best value apartment in the University Park area is the $1.20 price per square foot Ibizia A - 3BR/3BA Model at Lapis in the in the Fontainebleau Park West neighborhood starting from $1,355. The second greatest value University Park apartment is the Model B Model at Royal Palms Apartments starting at $2,726 with a $2.51 price per square foot in the West Miami neighborhood. Here is today’s list of the best values for University Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
LapisIbizia A - 3BR/3BA3BR,3BA$1.20
Royal Palms ApartmentsModel B2BR,2BA$2.51
Midway Point ApartmentsModel B2BR,2.5BA$2.50
7 West2x22BR,2BA$2.95
Casero ApartmentsA3-Azure1BR,1BA$3.18
The BirchwoodsA1BR,1BA$2.50
Doral ViewArezzo1BR,1BA$3.16
Art 88 by Trion LivingA11BR,1BA$2.71
Fontainebleau Milton ApartmentsModel EStudio ,1BA$2.95
Coral Haven Apartments1 Bedroom, 1 Bathroom1BR,1BA$2.86

Getting Around the University Park Neighborhood in Miami, FL

Walk Score®

72 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

57 / 100

Bikeable

Some bike infrastructure

Transit Score®

34 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap University Park Apartments

What is a cheap apartment in University Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University Park is under $2,560.

What is the price of a cheap apartment in University Park?

The cheapest apartment in University Park is Art 88 by Trion Living which is listed at $1,856, while the average apartment in University Park costs $2,773.

What types of apartments are the cheapest in University Park?

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 8 regular apartments in University Park 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 University Park?

Cheap apartments in University Park have an average cost of $790 which is $1,983 cheaper than the average rent for all rentals in University Park.

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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