Cheap Apartments for Rent in Islamorada, FL from $500 (24 Rentals)

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Wet Net Villas
3 Bedroom Apartments

Wet Net Villas

81101 Overseas HwyIslamorada, FL 33036
  • Utilities Included

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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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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Cordova Estates
1 to 3 Bedroom Apartments

Cordova Estates

301 E Davis PkyFlorida City, FL 33034
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Windmill Farms
1 to 3 Bedroom Apartments

Windmill Farms

12871 SW 242nd StHomestead, FL 33032
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19810 SW 117th Ave
1 Bedroom Apartments

19810 SW 117th Ave

19810 SW 117th AveMiami, FL 33177
  • Utilities Included

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 Studio unit found at Mango Way Apartments in the Outer Homestead South Dade neighborhood priced from $1,245. 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
Mango Way ApartmentsSTUDIOStudio,1BA$1,245
Gardens of Homestead1 Bed 1 Bath1BR,1BA$1,274
Orchid Grove1 Bed, 1 bath1BR,1BA$1,307
Fair OaksA-11BR,1BA$1,312
Cabana Club1 Bedroom1BR,1BA$1,325

Best Value Apartments for Rent in Islamorada, FL

As of February 25, 2026 the best value apartment in the Islamorada area is the $1.51 price per square foot TH3 Model at Seascape Pointe Townhomes in the in the Outer Homestead South Dade neighborhood starting from $2,100. The second greatest value Islamorada apartment is the 3 Beds, 2 baths Model at Ambar Trail starting at $2,099 with a $1.71 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Seascape Pointe TownhomesTH33BR,2.5BA$1.51
Ambar Trail3 Beds, 2 baths3BR,2BA$1.71
Ambar Key Homes2 Beds, 2.5 baths2BR,2.5BA$1.59
Venice At Crystal LakesPicasso II2BR,2BA$1.84
Jubilee Courtyards3BR3BR,2BA$1.56
Naranja Grand IITwo Bedrooms2BR,2BA$2.02
Riverwalk I Apartments2 Bed 1 Bath2BR,1BA$1.90
Fair OaksA-11BR,1BA$1.88
Gardens of Homestead1 Bed 1 Bath1BR,1BA$1.85
Orchid Grove1 Bed, 1 bath1BR,1BA$1.98

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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The 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.

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

Explore Islamorada, FL Rentals by Map

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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 $1,541 at Winchester Gardens.

What is the most affordable Islamorada Three Bedroom Apartment?

The best deal on a cheap Islamorada Three Bedroom Apartment rental is at Winchester Gardens and starts from $1,455.

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 Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.