Cheap Apartments for Rent in Islamorada, FL from $500 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in Islamorada.

Naranja Grand II

Solimar Apartment Homes

Winchester Gardens

Riverwalk I Apartments
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.

Carib Villas Apartments

Mango Way Apartments

Paradise Isles Apartments

Cutler Gardens Apartments

Gardens of Homestead

Cordova Estates
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.
Islamorada, FL Local Guide

How much does it cost to rent an apartment in Islamorada?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Islamorada Studio Apartments | $1,429 | $1,225 | $1,700 |
| Cheap Islamorada 1 Bedroom Apartments | $1,755 | $713 | $2,449 |
| Cheap Islamorada 2 Bedroom Apartments | $2,083 | $512 | $2,950 |
| Cheap Islamorada 3 Bedroom Apartments | $2,724 | $874 | $10,000+ |
| Cheap Islamorada 4 Bedroom Apartments | $2,551 | $2,224 | $3,000 |
Browse Top Apartments in Islamorada
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Islamorada, FL Local Guide
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Cheapest Available Islamorada Apartments for Rent
 The cheapest available apartment rental in Islamorada, FL is a 2 Beds unit found at Naranja Grand II in the Modello neighborhood priced from $512. Solimar Apartment Homes in the Outer Homestead South Dade neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $713. Here is today’s list of the most affordable Islamorada apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Naranja Grand II | Two Bedrooms | 2BR,2BA | $512 |
| Solimar Apartment Homes | The Eclipse | 1BR,1BA | $713 |
| Winchester Gardens | Plan A | 1BR,1BA | $1,053 |
| Cabana Club | 1 Bedroom | 1BR,1BA | $1,092 |
| Riverwalk I Apartments | One Bedroom | 1BR,1BA | $1,109 |
Best Value Apartments for Rent in Islamorada, FL
As of January 01, 2026 the best value apartment in the Islamorada area is the $1.77 price per square foot TH4 Renovated Model at Seascape Pointe Townhomes in the in the Outer Homestead South Dade neighborhood starting from $2,650. The second greatest value Islamorada apartment is the 3 Beds, 2 baths Model at Ambar Trail starting at $2,282 with a $1.86 price per square foot in the Modello neighborhood. Here is today’s list of the best values for Islamorada apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Seascape Pointe Townhomes | TH4 Renovated | 4BR,3BA | $1.77 |
| Ambar Trail | 3 Beds, 2 baths | 3BR,2BA | $1.86 |
| Ambar Key Homes | 2 Beds, 2.5 baths | 2BR,2.5BA | $1.68 |
| Venice At Crystal Lakes | Picasso II | 2BR,2BA | $1.89 |
| Naranja Grand II | Two Bedrooms | 2BR,2BA | $0.56 |
| Cordova Estates | 1 Bed, 1 bath | 1BR,1BA | $1.80 |
| Solimar Apartment Homes | The Eclipse | 1BR,1BA | $1.00 |
| Fair Oaks | A-1 | 1BR,1BA | $1.88 |
| Gardens of Homestead | 1 Bed 1 Bath | 1BR,1BA | $1.85 |
| Cabana Club | 1 Bedroom | 1BR,1BA | $1.70 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 Islamorada, FL Rentals by Map
See the most popular apartments and homes in Islamorada, FL
Frequently Asked Questions about Cheap Islamorada Apartments
What is the Cheapest Studio apartment in Islamorada?
Currently the most affordable Cheap Studio Apartment in Islamorada is at Carib Villas Apartments listed at $1,225.
How much is rent for a Cheap One Bedroom Islamorada Apartment?
The lowest price for a Cheap One Bedroom Islamorada Apartment is $713 at Solimar Apartment Homes.
What is the lowest price for a Cheap Two Bedroom Islamorada Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Islamorada is starting from $512 at Naranja Grand II.
What is the most affordable Islamorada Three Bedroom Apartment?
The best deal on a cheap Islamorada Three Bedroom Apartment rental is at Solimar Apartment Homes and starts from $874.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

