Cheap Apartments for Rent in the Allison Island Neighborhood of Miami Beach, FL from $1,300 (21 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Allison Island area of Miami Beach.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-21, Page 1 of 1

Allison Island, Miami Beach, FL Local Guide

Cheapest Available Allison Island Apartments for Rent

 

The cheapest available apartment rental in the Allison Island area of Miami Beach, FL is a Studio unit found at 420 78th St priced from $1,400. 7143 Bonita Dr has the second lowest priced unit, which is a Studio apartment currently listed from $1,550. Here are the most affordable Allison Island apartments for rent in Miami Beach, FL:

Apartment ListingModel NameBed/BathPriced From
420 78th StStudioStudio,1BA$1,400
7143 Bonita DrStudio-smallStudio,1BA$1,550
4540 Royal Palm Ave1 Bedroom 1 Bath1BR,1BA$1,595
6844 Harding Ave1 BEDROOM1BR,1BA$1,600
Cielo Miami Beach ApartmentsOne Bedroom1BR,1BA$1,600

Best Value Apartments for Rent in Allison Island, FL

As of December 31, 2025 the best value apartment in the Allison Island area is the $2.68 price per square foot 5005 Collins Ave Model at 5005 Collins Ave, Unit #1422 Carriage Club North in the in the Oceanfront neighborhood starting from $2,750. The second greatest value Allison Island apartment is the 6960-2BD Model at 6960 Rue Vendome starting at $2,650 with a $2.65 price per square foot in the Normandy Isles neighborhood. Here is today’s list of the best values for Allison Island apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
5005 Collins Ave, Unit #1422 Carriage Club North5005 Collins Ave2BR,2BA$2.68
6960 Rue Vendome6960-2BD2BR,2BA$2.65
744 85th St, Unit 3744 85th St2BR,1BA$1.62
1982 Marseille Dr, Unit 41982 Marseille Dr2BR,1BA$2.22
Cielo Miami Beach ApartmentsOne Bedroom1BR,1BA$1.88
2011 Bay Dr1 Bed 1 Bath1BR,1BA$2.37
790 81st Stunit 31BR,1BA$2.60
4035 N Meridian Ave1x11BR,1BA$2.53
660 83rd St, Unit Apartment 4660 83rd St2BR,1BA$2.64
4540 Royal Palm Ave1 Bedroom 1 Bath1BR,1BA$2.66

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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Cash 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.

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Quick 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.

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Pet Friendly Lifestyle
Allison Island, Miami Beach, FL

Ranked #23

Among cities in Florida for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Allison Island Apartments

What is a cheap apartment in Allison Island?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Allison Island is under $1,775.

What is the price of a cheap apartment in Allison Island?

The cheapest apartment in Allison Island is 4540 Royal Palm Ave which is listed at $1,595, while the average apartment in Allison Island costs $12,049.

What types of apartments are the cheapest in Allison Island?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 5 regular apartments in Allison Island that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Allison Island?

Cheap apartments in Allison Island have an average cost of $137 which is $11,912 cheaper than the average rent for all rentals in Allison Island.

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.

Articles, How-To's, and Tips

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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!