255 Sunrise Dr
Key BiscayneFL33149
Cheap Homes for Rent in Key Biscayne, FL from $2,500 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Key Biscayne.
200 Galen Dr
Key BiscayneFL33149
101 Crandon Blvd, Unit 473
101 Crandon Blvd
Key BiscayneFL33149
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.
101 Crandon Blvd, Unit 381
101 Crandon Blvd
Key BiscayneFL33149
290 Sunrise Dr
Key BiscayneFL33149
240 Galen Dr
Key BiscayneFL33149
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.
290 Sunrise Dr, Unit 312
290 Sunrise Dr
Key BiscayneFL33149
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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 | $8,540 | $3,000 | $10,000+ |
| Key Biscayne 3 Bedroom Homes for Rent | $10,671 | $3,000 | $10,000+ |
| Key Biscayne 4 Bedroom Homes for Rent | $15,895 | $10,000 | $10,000+ |
| Key Biscayne 5 Bedroom Homes for Rent | $35,240 | $10,000 | $10,000+ |
| Key Biscayne 6 Bedroom Homes for Rent | $44,780 | $10,000 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Key Biscayne, FL Local Guide
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Cheapest Neighborhoods for Apartments in Key Biscayne, FL
Pricing Updated: 06/12/2026Current 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 | $28,500 | $3,500 | 17 |
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 $1,750. Casa Verano Apartments in the East Little Havana neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,800. 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 | $1,750 |
| 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 |
Best Value Apartments for Rent in Key Biscayne, FL
As of June 12, 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 C Model at Zoi House Grove starting at $3,500 with a $3.63 price per square foot in the East Coconut Grove 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 |
| Zoi House Grove | C | 2BR,2BA | $3.63 |
| Brickell First | Unit B West | 1BR,1BA | $3.76 |
| Maizon Brickell | A3-B | 1BR,1BA | $3.72 |
| Grove Station Tower | C | 1BR,1BA | $3.61 |
| Ram Miami River South Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $2.85 |
| Legacy at Brickell | Model A2 | 1BR,1BA | $3.23 |
| Casa Verano Apartments | 1 Bedroom/ Courtyard view | 1BR,1BA | $2.77 |
| Legacy at The Roads | Model A1 | 1BR,1BA | $3.63 |
| 3270 W Trade Ave | 2/1 | 2BR,1BA | $3.53 |
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 Article
Student 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 ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
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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.
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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 77 Apartments for Rent in Key Biscayne, FL with pricing that ranges from $1,099 to $16,000. There are also 104 Single Family Homes for rent, Condos, and Townhome rentals currently available in Key Biscayne ranging from $2,500 to $85,000.
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 $2,500 to $85,000 with an average monthly rent of $19,750.
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 $16,000, 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 $10,000 and Four Bedroom Apartments start at $6,019.
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.
Where to Live in Miami When You're Not a Tourist
Written by: Allaire Williams
Let's be real - most Miami guides are written for people who think living here means South Beach penthouses and rooftop parties every night. But if you're moving here for work (not Instagram content), you need the real deal.
Articles, How-To's, and Tips
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.