
Cheap Apartments for Rent in Key Biscayne, FL from $1,000 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in Key Biscayne.


Gibraltar Apartments

Grand Station

Casa Verano Apartments

Residences at Grove Station
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The Vibe Miami

Ram Miami River South Apartments

Alea Miami

723 2nd St

The Andes Apartments
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3270 West Trade Avenue

3201 Aviation Avenue

East River Living – Elevated in Little Havana.

Legacy at The Roads

555 SW 4Th ST
Miami Unfiltered: A Born-and-Raised Local Experts Guide to Where Locals Love to Live
Miami is huge! Explore the best places to live, from booming Miami Gardens and North Miami to trendy Brickell and Little Havana, with a true local's expert advice.
Key Biscayne, FL Local Guide

How much does it cost to rent an apartment in Key Biscayne?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Key Biscayne Studio Apartments | $2,605 | $1,099 | $5,019 |
| Key Biscayne 1 Bedroom Apartments | $3,265 | $1,392 | $6,870 |
| Key Biscayne 2 Bedroom Apartments | $4,084 | $2,450 | $9,430 |
| Key Biscayne 3 Bedroom Apartments | $6,881 | $2,950 | $10,000+ |
| Key Biscayne 4 Bedroom Apartments | $8,790 | $5,989 | $10,000+ |
Browse Top Apartments in Key Biscayne
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Key Biscayne, FL Local Guide
- Key Biscayne Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Key Biscayne, FL
Pricing Updated: 01/23/2026Current apartment rentals in the Key Biscayne, FL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Key Biscayne Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Bill Baggs Cape Florida State Park | $80,000 | $3,200 | 4 |
Cheapest Available Key Biscayne Apartments for Rent and Nearby
 The cheapest available apartment rental in Key Biscayne, FL is a Studio unit found at Gibraltar Apartments in the Coral Way neighborhood priced from $1,600. 3270 West Trade Avenue in the Golden Pines neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,890. Here is today’s list of the most affordable Key Biscayne apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Gibraltar Apartments | STUDIO | Studio,1BA | $1,600 |
| 3270 West Trade Avenue | 1/1 | 1BR,1BA | $1,890 |
| 3201 Aviation Avenue | 0BR/1.0BA | Studio,1BA | $1,940 |
| East River Living – Elevated in Little Havana. | 0 Bedroom 1 Bathroom | Studio,1BA | $1,979 |
| Ram Miami River South Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $2,120 |
Best Value Apartments for Rent in Key Biscayne, FL and Nearby
As of January 23, 2026 the best value apartment in the Key Biscayne area is the $2.95 price per square foot 2 Bedroom Model at Silver Bluff Underline in the in the East Coconut Grove neighborhood starting from $2,998. The second greatest value Key Biscayne apartment is the One Bed Model at Montserrat Apartments starting at $2,250 with a $2.37 price per square foot in the Coral Way neighborhood. Here is today’s list of the best values for Key Biscayne apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Silver Bluff Underline | 2 Bedroom | 2BR,2BA | $2.95 |
| Montserrat Apartments | One Bed | 1BR,1BA | $2.37 |
| Grove Station Tower | D | 1BR,1BA | $3.43 |
| Ram Miami River South Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $2.85 |
| Legacy at Brickell | Model A2 | 1BR,1BA | $3.23 |
| 1550 Brickell Ave | 1 Bedroom/1 Bathroom | 1BR,1BA | $3.93 |
| The Vibe Miami | A5 | 1BR,1BA | $3.79 |
| Grand Station | 1 Bed 1 Bath (1B-1) | 1BR,1BA | $3.56 |
| Legacy at The Roads | Model A1 | 1BR,1BA | $3.39 |
| Gibraltar Apartments | STUDIO | Studio ,1BA | $3.76 |
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
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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Read ArticleStudent Living Made Easy: Great Miami Neighborhoods to Rent Near Campus
A Local Expert’s Guide to Student Friendly Neighborhoods Near Colleges and Universities in Miami. Find your perfect Miami, FL area student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleQuick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Key Biscayne, FL Rentals by Map
See the most popular apartments and homes in Key Biscayne, FL
Frequently Asked Questions about Cheap Key Biscayne Apartments
What is the Cheapest Studio apartment in Key Biscayne?
Currently the most affordable Cheap Studio Apartment in Key Biscayne is at Gibraltar Apartments listed at $1,600.
How much is rent for a Cheap One Bedroom Key Biscayne Apartment?
The lowest price for a Cheap One Bedroom Key Biscayne Apartment is $2,120 at Ram Miami River South Apartments.
What is the lowest price for a Cheap Two Bedroom Key Biscayne Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Key Biscayne is starting from $2,550 at Gibraltar Apartments.
What is the most affordable Key Biscayne Three Bedroom Apartment?
The best deal on a cheap Key Biscayne Three Bedroom Apartment rental is at Gibraltar Apartments and starts from $2,950.
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.
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Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.

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.