Cheap Apartments for Rent in Islamorada, FL from $500 (58 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Islamorada.

close
View Me
Wet Net Villas
3 Bedroom Apartments

Wet Net Villas

81101 Overseas HwyIslamorada, FL 33036
  • Utilities Included

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.

Read Article

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.

Read Article
close
View Me
Resia Biscayne Drive
Rent Specials
$1,769 - $3,413
Total Monthly Price

Total Monthly Price

Base Rent
$1,769 - $3,413
Total Monthly Price
$1,769 - $3,413
1 to 3 Bedroom Apartments Available Now

Resia Biscayne Drive

14155 SW 288th StHomestead, FL 33033
Corporate Housing
  • Verified
  • Low Income
  • 3D Tour
close
View Me
Casa Princeton
Rent Specials
$1,805 - $3,022
Total Monthly Price

Total Monthly Price

Base Rent
$1,805 - $3,022
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Casa Princeton

12835 SW 246th TerHomestead, FL 33032
Affordability
  • Verified
  • 3D Tour

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.

Read Article
close
View Me
The Olivia
$1,876 - $3,613
Total Monthly Price

Total Monthly Price

Base Rent
$1,876 - $3,613
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The Olivia

14981 SW 283rd StHomestead, FL 33033
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 354 Oleander Dr

$1,975

Total Monthly Price

Total Monthly Price

Base Rent
$1,975
Total Monthly Price
$1,975

3 Bedroom, 2 Bath Home for Rent

Available Now

354 Oleander Dr

TavernierFL33070

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.

Read Article
property at 108 Caribbean Ave

$2,700

Total Monthly Price

Total Monthly Price

Base Rent
$2,700
Total Monthly Price
$2,700

2 Bedroom, 1 Bath Home for Rent

Available Now

108 Caribbean Ave

TavernierFL33070
close
View Me
Colony Lakes
1 to 3 Bedroom Apartments

Colony Lakes

1500 E Mowry DrHomestead, FL 33033
  • Utilities Included
close
View Me
Windmill Farms
1 to 3 Bedroom Apartments

Windmill Farms

12871 SW 242nd StHomestead, FL 33032
close
View Me
Fair Oaks
1 to 2 Bedroom Apartments

Fair Oaks

29003 S Dixie HwyHomestead, FL 33033
  • Utilities Included
close
View Me
Princeton Crossings
1 to 3 Bedroom Apartments

Princeton Crossings

13841 SW 252nd StNaranja, FL 33032
  • Utilities Included
close
View Me
Riverwalk I Apartments
1 to 3 Bedroom Apartments

Riverwalk I Apartments

330 NE 18th AveHomestead, FL 33033
  • Utilities Included
close
View Me
Cordova Estates
1 to 3 Bedroom Apartments

Cordova Estates

301 E Davis PkyFlorida City, FL 33034

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article
Showing Results 1-50, Page 1 of 2

Islamorada, FL Local Guide

Cheapest Available Islamorada Apartments for Rent

 

The cheapest available apartment rental in Islamorada, FL is a 1 Bed unit found at Cameron Creek in the Outer Homestead South Dade neighborhood priced from $749. Cabana Club in the Outer Homestead South Dade neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,207. Here is today’s list of the most affordable Islamorada apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cameron Creek1BR1BR,1BA$749
Cabana Club1 Bedroom1BR,1BA$1,207
Gardens of Homestead1 Bed 1 Bath1BR,1BA$1,274
Orchid Grove1x11BR,1BA$1,297
Carib Villas ApartmentsSTUDIOStudio,1BA$1,300
Cordova Estates1 Bed, 1 bath1BR,1BA$1,422
Ambar Trail1 Bedroom 1 Bath1BR,1BA$1,468
Mango Way Apartments1 BED 1 BATH1BR,1BA$1,545
The Preserve at Coral Town ParkAngeles1BR,1BA$1,570
The Heights at Coral Town ParkAlberta1BR,1BA$1,625

Best Value Apartments for Rent in Islamorada, FL

As of July 11, 2026 the best value apartment in the Islamorada area is the $1.75 price per square foot TH4 Model at Seascape Pointe Townhomes in the in the Outer Homestead South Dade neighborhood starting from $2,626. The second greatest value Islamorada apartment is the Van Gogh II Model at Venice At Crystal Lakes starting at $2,688 with a $1.94 price per square foot in the Outer Homestead South Dade neighborhood. Here is today’s list of the best values for Islamorada apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Seascape Pointe TownhomesTH44BR,3BA$1.75
Venice At Crystal LakesVan Gogh II3BR,2BA$1.94
Keys Lake VillasA13BR,2BA$2.04
Ambar Key2 Bedroom 2 Bathroom2BR,2BA$1.53
Redland CrossingsThe Ruby2BR,2BA$2.08
Villa CapriSolaro2BR,2BA$2.01
Cordova Estates1 Bed, 1 bath1BR,1BA$1.98
Gardens of Homestead1 Bed 1 Bath1BR,1BA$1.85
Orchid Grove1x11BR,1BA$1.96
Cameron Creek1BR1BR,1BA$1.20

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 Article
Decorative image

Real 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 Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Islamorada, FL Rentals by Map

Decorative image of map

See the most popular apartments and homes in Islamorada, FL

View Map
Islamorada, FL Apartments Map
View Map
Islamorada, FL Rental Homes Map

Frequently Asked Questions about Cheap Islamorada Apartments

How much is rent for a Cheap One Bedroom Islamorada Apartment?

The lowest price for a Cheap One Bedroom Islamorada Apartment is $749 at Cameron Creek.

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 $902 at Cameron Creek.

What is the most affordable Islamorada Three Bedroom Apartment?

The best deal on a cheap Islamorada Three Bedroom Apartment rental is at Cameron Creek and starts from $1,042.

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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.