Cheap Homes for Rent in Watson Island Neighborhood of Miami, FL from $1,500 (144 Rentals)

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Search the lowest-cost Homes available for rent right now in the Watson Island area of Miami.

property at 428 SW 9th St

428 SW 9th St

MiamiFL33130
property at 361 SW 20th Rd

361 SW 20th Rd

MiamiFL33129
property at 920 SW 4th Ave

920 SW 4th Ave

MiamiFL33130
property at 1250 West Ave

1250 West Ave

Miami BeachFL33139
property at 444 SW 4th St

444 SW 4th St

MiamiFL33130

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

Read Article
property at 1300 Lincoln Rd

1300 Lincoln Rd

Miami BeachFL33139
property at 600 NE 25th St

600 NE 25th St

MiamiFL33137
property at 601 NE 23rd St

601 NE 23rd St

MiamiFL33137
property at 253 NE 2nd St

253 NE 2nd St

MiamiFL33132
property at 185 SW 7th St

185 SW 7th St

MiamiFL33130
Showing Results 1-50, Page 1 of 3

Watson Island, Miami, FL Local Guide

Cheapest Available Watson Island Apartments for Rent

 

The cheapest available apartment rental in the Watson Island area of Miami, FL is a Studio unit found at Newly Renovated Community priced from $1,302. Sawyer’s Walk has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,333. Here are the most affordable Watson Island apartments for rent in Miami, FL:

Apartment ListingModel NameBed/BathPriced From
Newly Renovated Community0BR/1.0BAStudio,1BA$1,302
Sawyer’s WalkTwo Bedroom2BR,2BA$1,333
237 NW 30th St1x11BR,1BA$1,500
Miami Station1BR/1BA1BR,1BA$1,700
Ram Miami River South ApartmentsStudio, 1 BathroomStudio,1BA$1,750
555 SW 4Th ST1BR/1.0BA1BR,1BA$1,780
Pacific Ocean Partners LLC1BR/1.0BA1BR,1BA$1,895

Best Value Apartments for Rent in Watson Island, FL

As of April 11, 2025 the best value apartment in the Watson Island 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 Watson Island apartment is the 186 NW 13th St Model at 186 NW 13th St, Unit B2 starting at $2,900 with a $1.53 price per square foot in the Downtown Miami neighborhood. Here is today’s list of the best values for Watson Island apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
740 SW 9th St, Unit 1740 SW 9th St1BR,1BA$1.52
186 NW 13th St, Unit B2186 NW 13th St2BR,2BA$1.53
999 Brickell Bay Dr, Unit 1510999 Brickell Bay Dr2BR,2BA$2.46
Sawyer’s WalkTwo Bedroom2BR,2BA$1.33
Camelot Court2b/1bath2BR,1BA$2.40
i5 Wynwood Co-LivingRent-By-Bedroom | C11BR,1BA$1.60
Aerie - Co-Living ApartmentsPrivate Bedroom in Shared 2Bd Apartment1BR,1BA$1.67
Otto - Co-Living ApartmentsPrivate Room in Two Bed Two Bath1BR,1BA$1.90
Pacific Ocean Partners LLC1BR/1.0BA1BR,1BA$2.53
237 NW 30th St1x11BR,1BA$2.50

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Frequently Asked Questions about Watson Island

What type of rentals are currently available in Watson Island?

There are currently 1328 Apartments for Rent in Watson Island, FL with pricing that ranges from $850 to $50,000. There are also 1533 Single Family Homes for rent, Condos, and Townhome rentals currently available in Watson Island ranging from $1,500 to $100,000.

What is the current price range for Rental Homes in Watson Island?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Watson Island ranges from $1,500 to $100,000 with an average monthly rent of $36,077.

How much are larger Three and Four Bedroom Rentals in Watson Island?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Watson Island range from $1,700 to $15,757, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,950 to $40,000. Four Bedroom Single-Family rentals are also available starting from $2,900 and Four Bedroom Apartments start at $4,574.

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.

decorative image for The 10 Best Affordable Neighborhoods in Miami, FL article

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.