Cheap Apartments for Rent in Islamorada, FL from $500 (61 Rentals)

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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.

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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.

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Resia Biscayne Drive
Rent Specials
$1,769 - $3,736
Total Monthly Price

Total Monthly Price

Base Rent
$1,769 - $3,736
Total Monthly Price
$1,769 - $3,736
1 to 3 Bedroom Apartments Available Now

Resia Biscayne Drive

14155 SW 288th StHomestead, FL 33033
Corporate Housing
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  • Low Income
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The Olivia
Rent Specials
$1,795 - $3,163
Total Monthly Price

Total Monthly Price

Base Rent
$1,795 - $3,163
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The Olivia

14981 SW 283rd StHomestead, FL 33033
Affordability
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  • Customer Reviewed
  • 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.

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Casa Princeton
Rent Specials
$1,820 - $3,022
Total Monthly Price

Total Monthly Price

Base Rent
$1,820 - $3,022
Total Monthly Price
$1,820 - $3,022
1 to 3 Bedroom Apartments Available Now

Casa Princeton

12835 SW 246th TerHomestead, FL 33032
Affordability
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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.

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Colony Lakes
1 to 3 Bedroom Apartments

Colony Lakes

1500 E Mowry DrHomestead, FL 33033
  • Utilities Included
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Cordova Estates
1 to 3 Bedroom Apartments

Cordova Estates

301 E Davis PkyFlorida City, FL 33034

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Islamorada, FL Local Guide

Cheapest Available Islamorada Apartments for Rent

 

The cheapest available apartment rental in Islamorada, FL is a 2 Beds unit found at Cameron Creek in the Outer Homestead South Dade neighborhood priced from $811. Gardens of Homestead in the Outer Homestead South Dade neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,274. Here is today’s list of the most affordable Islamorada apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cameron Creek2BR2BR,2BA$811
Gardens of Homestead1 Bed 1 Bath1BR,1BA$1,274
Orchid Grove1x11BR,1BA$1,297
Carib Villas ApartmentsSTUDIOStudio,1BA$1,300
Lanai Landings1/11BR,1BA$1,500
Winchester Gardens2 Bed 1 Bath2BR,1BA$1,541
Jubilee Courtyards2BR2BR,2BA$1,562
Verbena1 Bed, 1 bath1BR,1BA$1,566
The Preserve at Coral Town ParkAngeles1BR,1BA$1,570
Mango Way Apartments1 BED 1 BATH1BR,1BA$1,598

Best Value Apartments for Rent in Islamorada, FL

As of May 27, 2026 the best value apartment in the Islamorada area is the $1.93 price per square foot 3 Bedroom 3 Bathroom Model at Ambar Key in the in the Outer Homestead South Dade neighborhood starting from $2,701. The second greatest value Islamorada apartment is the TH3 Model at Seascape Pointe Townhomes starting at $2,267 with a $1.63 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.
Ambar Key3 Bedroom 3 Bathroom3BR,3BA$1.93
Seascape Pointe TownhomesTH33BR,2.5BA$1.63
Ambar Trail3 Beds, 2 baths3BR,2BA$1.71
Venice At Crystal LakesPicasso II2BR,2BA$1.86
Woodland Grove2 Bedrooms B2BR,2BA$1.87
Redland CrossingsThe Ruby2BR,2BA$1.88
Princeton Landings2 Bed 2 Baths B2 Floor Plan2BR,2BA$1.74
Cameron Creek2BR2BR,2BA$0.97
Jubilee Courtyards2BR2BR,2BA$1.91
Gardens of Homestead1 Bed 1 Bath1BR,1BA$1.85

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.

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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.

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Remember the 3 Rules of Real Estate:
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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 $1,274 at Gardens of Homestead.

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 $811 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 Carib Villas Apartments and starts from $1,670.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.