Cheap Homes for Rent in Key Biscayne, FL from $4,300 (21 Rentals)

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property at 55 Ocean Ln Dr

55 Ocean Ln 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.

property at 555 Crandon Blvd

555 Crandon Blvd

Key BiscayneFL33149
property at 201 Crandon Blvd

201 Crandon Blvd

Key BiscayneFL33149

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.

property at 100 Ocean Ln Dr

100 Ocean Ln Dr

Key BiscayneFL33149
property at 77 Crandon Blvd

77 Crandon Blvd

Key BiscayneFL33149
property at 170 Ocean Ln Dr

170 Ocean Ln Dr

Key BiscayneFL33149
property at 201 Crandon Blvd

201 Crandon Blvd

MiamiFL33149
property at 210 Seaview Dr

210 Seaview Dr

Key BiscayneFL33149

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

Cheapest Available Key Biscayne Apartments for Rent

 

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 ListingModel NameBed/BathPriced From
1521 SW 7 Street1 Bedroom1BR,1BA$1,450
Gibraltar ApartmentsSTUDIOStudio,1BA$1,600
Casa Verano Apartments1 Bedroom/ Courtyard view1BR,1BA$1,800
East River Living – Elevated in Little Havana.0 Bedroom 1 BathroomStudio,1BA$1,979
Grand StationStudio (S-1)Studio,1BA$2,006

Best Value Apartments for Rent in Key Biscayne, FL

As of December 15, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Silver Bluff Underline2 Bedroom2BR,2BA$2.95
Montserrat ApartmentsOne Bed1BR,1BA$2.37
Grove Station TowerC1BR,1BA$3.20
Ram Miami River South Apartments1 Bedroom, 1 Bathroom1BR,1BA$2.85
Zoi House GroveA1BR,1BA$3.93
Casa Verano Apartments1 Bedroom/ Courtyard view1BR,1BA$2.77
The Vibe MiamiA1.11BR,1BA$3.78
Legacy at The RoadsModel A11BR,1BA$3.47
3270 West Trade Avenue2/12BR,1BA$3.37
Gibraltar ApartmentsSTUDIOStudio ,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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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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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

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

Explore Key Biscayne, FL Rentals by Map

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Frequently Asked Questions about Key Biscayne

What type of rentals are currently available in Key Biscayne?

There are currently 74 Apartments for Rent in Key Biscayne, FL with pricing that ranges from $1,099 to $16,000. There are also 84 Single Family Homes for rent, Condos, and Townhome rentals currently available in Key Biscayne ranging from $4,300 to $25,000.

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 $4,300 to $25,000 with an average monthly rent of $13,997.

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 $4,300 to $14,600. Four Bedroom Single-Family rentals are also available starting from $10,000 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

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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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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.

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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.

Articles, How-To's, and Tips

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.