255 Sunrise Dr
Key BiscayneFL33149
Cheap Homes for Rent in Key Biscayne, FL from $2,500 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Key Biscayne.
230 Sunrise Dr
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.
200 Galen Dr
Key BiscayneFL33149
101 Crandon Blvd
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.
251 Galen Dr, Unit 115E, Unit 115E
251 Galen Dr
Key BiscayneFL33149
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Key Biscayne, FL Local Guide
Bill Baggs Cape Florida Park beach & lighthouse by Flickr User: mattkieffer is licensed under CC BY 2.0
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 | $8,212 | $3,400 | $10,000+ |
| Key Biscayne 3 Bedroom Homes for Rent | $11,593 | $3,000 | $10,000+ |
| Key Biscayne 4 Bedroom Homes for Rent | $15,877 | $10,000 | $10,000+ |
| Key Biscayne 5 Bedroom Homes for Rent | $40,488 | $10,000 | $10,000+ |
| Key Biscayne 6 Bedroom Homes for Rent | $43,916 | $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: 04/28/2026Current 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 | $4,900 | $4,900 | 1 |
Cheapest Available Key Biscayne Apartments for Rent
The cheapest available apartment rental in Key Biscayne, FL is a 1 Bed unit found at Casa Verano Apartments in the East Little Havana neighborhood priced from $1,800. East River Living – Elevated in Little Havana. in the Miami Riverwalk neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,979. Here is today’s list of the most affordable Key Biscayne apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 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 |
| Ram Miami River South Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $2,065 |
Best Value Apartments for Rent in Key Biscayne, FL
As of April 28, 2026 the best value apartment in the Key Biscayne area is the $3.17 price per square foot 1111 Crandon Boulevard Model at 1111 Crandon Boulevard, Unit A-303 in the in the Grand Bay neighborhood starting from $4,900. The second greatest value Key Biscayne apartment is the 2 Bedroom Model at Silver Bluff Underline starting at $2,998 with a $2.95 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. |
|---|---|---|---|
| 1111 Crandon Boulevard, Unit A-303 | 1111 Crandon Boulevard | 2BR,2BA | $3.17 |
| Silver Bluff Underline | 2 Bedroom | 2BR,2BA | $2.95 |
| Montserrat Apartments | One Bed | 1BR,1BA | $2.37 |
| Gibraltar Apartments | 1/2/DEN | 1BR,2BA | $3.01 |
| Brickell First | Unit B East | 1BR,1BA | $3.54 |
| Grove Station Tower | C | 1BR,1BA | $3.54 |
| Casa Verano Apartments | 1 Bedroom/ Courtyard view | 1BR,1BA | $2.77 |
| The Vibe Miami | A1 | 1BR,1BA | $3.47 |
| Ram Miami River South Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $3.21 |
| Welcome Home to Coconut Grove — 3270 West Trade Avenue, Miami, FL 33133 | 2/1 | 2BR,1BA | $3.50 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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
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.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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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Frequently Asked Questions about Key Biscayne
What type of rentals are currently available in Key Biscayne?
There are currently 80 Apartments for Rent in Key Biscayne, FL with pricing that ranges from $1,099 to $25,000. There are also 89 Single Family Homes for rent, Condos, and Townhome rentals currently available in Key Biscayne ranging from $2,500 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 $2,500 to $100,000 with an average monthly rent of $20,609.
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 $17,500, 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
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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
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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
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
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Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.