
Cheap Homes for Rent in Biscayne Bay Neighborhood of Coral Gables, FL from $1,700 (26 Rentals)
Search the lowest-cost Homes available for rent right now in the Biscayne Bay area of Coral Gables.


6565 Santona St

6166 SW 68th St

7901 SW 64th Ave

5991 SW 76th St, Unit C2

6170 SW 68th St
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.

6330 SW 79th St, Unit 4

6310 SW 79th St, Unit 20

5590 SW 78th St

6170 SW 68th St, Unit 21

6330 SW 79th St

6310 SW 79th St
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.

7901 SW 64th Ave, Unit 6

6001 SW 70th St

6647 SW 59th Pl, Unit 101

1280 S Alhambra Cir

5966 SW 68th St

1205 Mariposa Ave
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.

5961 SW 68th St, Unit A700

7865 SW 57th Ave, Unit 47C

2801 Florida Ave

5510 SW 76th St

7720 SW 54th Ct

7701 SW 55th Ave
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.

1200 Mariposa Ave

5605 SW 80th St
Biscayne Bay, Coral Gables, FL Local Guide

How much does it cost to rent a home in Biscayne Bay?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Biscayne Bay 2 Bedroom Homes for Rent | $4,735 | $1,800 | $10,000+ |
| Biscayne Bay 3 Bedroom Homes for Rent | $8,819 | $2,999 | $10,000+ |
| Biscayne Bay 4 Bedroom Homes for Rent | $11,747 | $5,500 | $10,000+ |
| Biscayne Bay 5 Bedroom Homes for Rent | $20,909 | $6,400 | $10,000+ |
| Biscayne Bay 6 Bedroom Homes for Rent | $47,666 | $10,000 | $10,000+ |
| Biscayne Bay 7 Bedroom Homes for Rent | $65,000 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 26 rentals with your search options within a 2 mile radius of the Biscayne Bay Neighborhood of Coral Gables, FL.
Explore Coral Gables
Biscayne Bay, Coral Gables, FL Local Guide
- Nearby Coral Gables neighborhoods
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Cheapest Available Biscayne Bay Apartments for Rent
 The cheapest available apartment rental in the Biscayne Bay area of Miami, FL is a 1 Bed unit found at Sunset Club Apartments priced from $1,650. Palm Plaza Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,650. Here are the most affordable Biscayne Bay apartments for rent in Miami, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sunset Club Apartments | One Bedroom | 1BR,1BA | $1,650 |
| Palm Plaza Apartments | 1/1 | 1BR,1BA | $1,650 |
| House 57- Student Housing | 4BR/4.0BA | 4BR,4BA | $1,717 |
| SoMi Happy Livin' (Furnished) | 1 Bed 1 Bath | 1BR,1BA | $2,150 |
| Gables Ponce | 2A1 | 1BR,1BA | $2,598 |
| The Cloisters Miami | Avondale | 1BR,1BA | $2,900 |
| Residences at Somi Parc | 2 Bed 2 Bath | 2BR,2BA | $3,240 |
| Avalon South Miami | A08-Scheme3 | 1BR,1BA | $3,270 |
| Life Time Living at Gables Station | 1A | 1BR,1BA | $3,355 |
| Red Road Commons | Merrick - Harmony | 2BR,2BA | $3,872 |
Best Value Apartments for Rent in Biscayne Bay, FL
As of May 30, 2026 the best value apartment in the Biscayne Bay area is the $4.84 price per square foot B08-L-Scheme2 Model at Avalon South Miami in the in the South Miami neighborhood starting from $5,725. The second greatest value Biscayne Bay apartment is the 2 Bed 2 Bath Model at Residences at Somi Parc starting at $3,240 with a $3.38 price per square foot in the South Miami neighborhood. Here is today’s list of the best values for Biscayne Bay apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Avalon South Miami | B08-L-Scheme2 | 2BR,2BA | $4.84 |
| Residences at Somi Parc | 2 Bed 2 Bath | 2BR,2BA | $3.38 |
| The Standard at Coral Gables | Brookhaven 2 - 2x2 | 2BR,2BA | $2.71 |
| Red Road Commons | Merrick - Harmony | 2BR,2BA | $4.35 |
| The Cloisters Miami | Belleview | 2BR,2BA | $5.30 |
| Life Time Living at Gables Station | 1G | 1BR,1BA | $5.42 |
| Gables Ponce | ST3 | Studio ,1BA | $4.33 |
| Sunset Club Apartments | One Bedroom | 1BR,1BA | $2.70 |
| Palm Plaza Apartments | 1/1 | 1BR,1BA | $2.75 |
| SoMi Happy Livin' (Furnished) | 1 Bed 1 Bath | 1BR,1BA | $3.91 |
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 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.
Pet Friendly LifestyleBiscayne Bay, Coral Gables, FL
Ranked #17
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Biscayne Bay, Coral Gables, FL
School data provided by Great Schools
Frequently Asked Questions about Biscayne Bay
What type of rentals are currently available in Biscayne Bay?
There are currently 149 Apartments for Rent in Biscayne Bay, FL with pricing that ranges from $1,500 to $30,000. There are also 236 Single Family Homes for rent, Condos, and Townhome rentals currently available in Biscayne Bay ranging from $1,725 to $85,000.
What is the current price range for Rental Homes in Biscayne Bay?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Biscayne Bay ranges from $1,725 to $85,000 with an average monthly rent of $20,629.
How much are larger Three and Four Bedroom Rentals in Biscayne Bay?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Biscayne Bay range from $3,111 to $10,664, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,999 to $65,000. Four Bedroom Single-Family rentals are also available starting from $5,500 and Four Bedroom Apartments start at $1,717.
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.
Helpful Local Expert Guides

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.

Student Living Made Easy: Great Miami Neighborhoods to Rent Near Campus
Written by: Allaire Williams
Whether you’re starting your first semester or just need a change of scenery, finding the right place to live during college makes a difference.

Miami Unfiltered: A Born-and-Raised Guide to Where Locals Love to Live
Written by: Allaire Williams
I’m Allaire, your ApartmentHomeLiving.com Local Expert for Miami, Florida, and I’ll start by saying that this city is so much more than the South Beach party scene you see on Instagram and TV.

Where to Live in Miami When You're Not a Tourist
Written by: Allaire Williams
Let's be real - most Miami guides are written for people who think living here means South Beach penthouses and rooftop parties every night. But if you're moving here for work (not Instagram content), you need the real deal.
Articles, How-To's, and Tips

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.