
Cheap Apartments for Rent in Coconut Grove, FL from $300 (67 Rentals)
Search the lowest-cost Apartments available for rent right now in Coconut Grove.


1521 SW 7 Street

Otto Apartments

Aerie Apartments

Gallery on the River

1050 NW 2nd Street

2481 SW 11th St

1919 SW 2nd St

1112 SW 11th St

1553 SW 2ND Street
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Palm Plaza Apartments

730 SW 10th St

Total Monthly Price
240 NW 8th Ave, Unit 2

3680 Oak Ave

Total Monthly Price
1144 NW 5th St, Unit 1

2723 SW 13th St

219 SW 21st Ave

Iroquois

1400 Douglas Rd

1027 SW 3rd St, Unit 7
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

1678 SW 11th St

2520 SW 20th St

2368 SW 21st St

542 SW 3rd St

1037 SW 20th Ave

5910 SW 62nd Terrace

959 SW 5th St

LBM Apartments

Joe Moretti II Apartments

1255 SW 6 Street
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

2211 SW 3rd Ave

1012 SW 4th St

Piedra Villas

Santander

Temple Court

Labre Place

850 SW 3rd St

540 NW 7th St

The Fountains

15-21 Alhambra Cir
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

221 Majorca Ave

Villas of Havana

Brickell Roads

Salzedo Apartments

915 Palermo Ave

2046 W Flagler St

Vizcaya Grove Apartments

1144 SW 5th St

City Crossings

Miramar Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Coconut Grove, FL Local Guide

How much does it cost to rent an apartment in Coconut Grove?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Coconut Grove Studio Apartments | $2,634 | $1,099 | $7,784 |
| Cheap Coconut Grove 1 Bedroom Apartments | $3,441 | $1,198 | $10,000+ |
| Cheap Coconut Grove 2 Bedroom Apartments | $4,631 | $1,275 | $10,000+ |
| Cheap Coconut Grove 3 Bedroom Apartments | $7,848 | $1,175 | $10,000+ |
| Cheap Coconut Grove 4 Bedroom Apartments | $7,577 | $1,717 | $10,000+ |
| Coconut Grove 5 Bedroom Apartments | $10,815 | $8,340 | $10,000+ |
Browse Top Apartments in Coconut Grove
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Coconut Grove, FL Local Guide
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Cheapest Available Coconut Grove Apartments for Rent
 The cheapest available apartment rental in Coconut Grove, FL is a 3 Beds unit found at Otto Apartments in the Miami Riverwalk neighborhood priced from $1,175. 1050 NW 2nd Street in the East Little Havana neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,295. Here is today’s list of the most affordable Coconut Grove apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Otto Apartments | 3/3 | 3BR,3BA | $1,175 |
| 1050 NW 2nd Street | Studio | Studio,1BA | $1,295 |
| Pastel Apartments | 3/3 | 3BR,3BA | $1,350 |
| 448-458 NW 7th St | MC-A | 1BR,1BA | $1,399 |
| Manhattan II | MC-A | 1BR,1BA | $1,399 |
| 1521 SW 7 Street | 1 Bedroom | 1BR,1BA | $1,450 |
| 1553 SW 2ND Street | 1 Bedroom | 1BR,1BA | $1,450 |
| 126 Mendoza Ave | 0 Beds, 1 Baths | Studio,1BA | $1,500 |
| Palm Plaza Apartments | 1/1 | 1BR,1BA | $1,500 |
Best Value Apartments for Rent in Coconut Grove, FL
As of June 21, 2026 the best value apartment in the Coconut Grove 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 Coconut Grove apartment is the 1165 SW 12th St Model at 1165 SW 12th St, Unit 1165 starting at $2,800 with a $1.77 price per square foot in the East Little Havana neighborhood. Here is today’s list of the best values for Coconut Grove 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 |
| 1165 SW 12th St, Unit 1165 | 1165 SW 12th St | 2BR,1BA | $1.77 |
| 528 SW 6th St | 2 Bedroom 1 Bathroom | 2BR,1BA | $2.15 |
| Columbus on Fifth | 701-712 | 2BR,2BA | $2.41 |
| 1144 NW 5th St, Unit 1 | 1144 NW 5th St | 1BR,1BA | $1.67 |
| 430 NW 9th Ave, Unit 3 | 430 NW 9th Ave | 2BR,1BA | $2.25 |
| Otto Apartments | 3/3 | 3BR,3BA | $1.57 |
| 1553 SW 2ND Street | 1 Bedroom | 1BR,1BA | $1.97 |
| Manhattan II | MC-A | 1BR,1BA | $1.90 |
| 43 Madeira Ave, Unit Madeira | 43 Madeira Ave | 1BR,1BA | $2.43 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleStudent Living Made Easy: Great Miami Neighborhoods to Rent Near Campus
A Local Expert’s Guide to Student Friendly Neighborhoods Near Colleges and Universities in Miami. Find your perfect Miami, FL area student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Coconut Grove, FL Rentals by Map
See the most popular apartments and homes in Coconut Grove, FL
Frequently Asked Questions about Cheap Coconut Grove Apartments
What is the Cheapest Studio apartment in Coconut Grove?
Currently the most affordable Cheap Studio Apartment in Coconut Grove is at 1050 NW 2nd Street listed at $1,295.
How much is rent for a Cheap One Bedroom Coconut Grove Apartment?
The lowest price for a Cheap One Bedroom Coconut Grove Apartment is $1,399 at Manhattan II.
What is the lowest price for a Cheap Two Bedroom Coconut Grove Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Coconut Grove is starting from $1,750 at Iroquois.
What is the most affordable Coconut Grove Three Bedroom Apartment?
The best deal on a cheap Coconut Grove Three Bedroom Apartment rental is at Otto Apartments and starts from $1,175.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.