
Cheap Homes for Rent in Key Biscayne, FL from $2,400 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Key Biscayne.


325 Fernwood Rd

100 Sunrise Dr

155 Ocean Ln Dr
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.

798 Crandon Blvd

101 Crandon Blvd

210 Seaview Dr

290 Sunrise Dr, Unit 212
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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195 Sunrise Dr
Key Biscayne, FL Local Guide

How much does it cost to rent a home in Key Biscayne?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Key Biscayne 2 Bedroom Homes for Rent | $7,478 | $3,600 | $10,000+ |
| Key Biscayne 3 Bedroom Homes for Rent | $12,980 | $3,000 | $10,000+ |
| Key Biscayne 4 Bedroom Homes for Rent | $13,660 | $9,300 | $10,000+ |
| Key Biscayne 5 Bedroom Homes for Rent | $35,950 | $10,000 | $10,000+ |
| Key Biscayne 6 Bedroom Homes for Rent | $61,000 | $10,000 | $10,000+ |
| Key Biscayne 7 Bedroom Homes for Rent | $30,000 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Key Biscayne
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Key Biscayne, FL Local Guide
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Cheapest Neighborhoods for Apartments in Key Biscayne, FL
Pricing Updated: 01/26/2026Current 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 | $22,000 | $10,000 | 1 |
Cheapest Available Key Biscayne Apartments for Rent
 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. 3201 Aviation Avenue in the East Coconut Grove neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,940. 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 |
| 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 |
Best Value Apartments for Rent in Key Biscayne, FL
As of January 26, 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 |
| Brickell First | Unit B West | 1BR,1BA | $3.71 |
| 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 | $3.76 |
| 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
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
Frequently Asked Questions about Key Biscayne
What type of rentals are currently available in Key Biscayne?
There are currently 79 Apartments for Rent in Key Biscayne, FL with pricing that ranges from $1,099 to $22,000. There are also 89 Single Family Homes for rent, Condos, and Townhome rentals currently available in Key Biscayne ranging from $2,400 to $100,000.
What is the current price range for Rental Homes in Key Biscayne?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Key Biscayne ranges from $2,400 to $100,000 with an average monthly rent of $23,493.
How much are larger Three and Four Bedroom Rentals in Key Biscayne?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Key Biscayne range from $2,950 to $22,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,000 to $20,000. Four Bedroom Single-Family rentals are also available starting from $9,300 and Four Bedroom Apartments start at $5,989.
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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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
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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
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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
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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.