
Cheap Apartments for Rent in Key Biscayne, FL from $1,000 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in Key Biscayne.


Gibraltar Apartments

Casa Verano Apartments

Grand Station

Residences at Grove Station

Ram Miami River South Apartments
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SOMA at Brickell

Alea Miami

Legacy at Brickell

Maizon Brickell

Montserrat Apartments
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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 | $2,644 | $1,099 | $5,019 |
| Key Biscayne 1 Bedroom Apartments | $3,264 | $1,450 | $6,870 |
| Key Biscayne 2 Bedroom Apartments | $4,039 | $2,350 | $9,340 |
| Key Biscayne 3 Bedroom Apartments | $6,615 | $2,950 | $10,000+ |
| Key Biscayne 4 Bedroom Apartments | $7,388 | $5,989 | $10,000+ |
Browse Top Apartments in Key Biscayne
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Key Biscayne, FL Local Guide
- Key Biscayne Neighborhoods
- Nearby Cities
- ZIP codes
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Cheapest Neighborhoods for Apartments in Key Biscayne, FL
Pricing Updated: 12/08/2025Current 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 | $5,300 | 7 |
Cheapest Available Key Biscayne Apartments for Rent and Nearby
 The cheapest available apartment rental in Key Biscayne, FL is a 1 Bed unit found at 1521 SW 7 Street in the East Little Havana neighborhood priced from $1,450. Gibraltar Apartments in the Coral Way neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,600. Here is today’s list of the most affordable Key Biscayne apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1521 SW 7 Street | 1 Bedroom | 1BR,1BA | $1,450 |
| Gibraltar Apartments | STUDIO | Studio,1BA | $1,600 |
| Casa Verano Apartments | 1 Bedroom/ Courtyard view | 1BR,1BA | $1,800 |
| East River Living – Elevated in Little Havana. | 0 Bedroom 1 Bathroom | Studio,1BA | $1,979 |
| Grand Station | Studio (S-1) | Studio,1BA | $2,030 |
Best Value Apartments for Rent in Key Biscayne, FL and Nearby
As of December 09, 2025 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 | C | 1BR,1BA | $3.33 |
| Ram Miami River South Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $2.77 |
| 1550 Brickell Ave | 1 Bedroom/1 Bathroom | 1BR,1BA | $3.93 |
| Casa Verano Apartments | 1 Bedroom/ Courtyard view | 1BR,1BA | $2.77 |
| The Vibe Miami | A1.3 | 1BR,1BA | $3.61 |
| Legacy at The Roads | Model A1 | 1BR,1BA | $3.47 |
| 3270 West Trade Avenue | 2/1 | 2BR,1BA | $3.37 |
| 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.
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Read ArticleStudent Living Made Easy: Great Miami Neighborhoods to Rent Near Campus
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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 Key Biscayne, FL Rentals by Map
See the most popular apartments and homes in Key Biscayne, FL
Getting Around Key Biscayne, FL
Walk Score®
62 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
60 / 100
Bikeable
Some bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,450 at 1521 SW 7 Street.
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 $2,100 at 3270 West Trade Avenue.
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.

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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.

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