
Cheap Homes for Rent in the Allison Island Neighborhood of Miami Beach, FL from $3,100 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Allison Island area of Miami Beach.


Total Monthly Price
212 West Dr, Unit SI FL8-ID1044529P

Total Monthly Price
212 West Dr, Unit SI FL3-ID1044553P

6620 Indian Creek Dr, Unit 121

Total Monthly Price
7144 Byron Ave, Unit SI FL5-ID1341334P
Rent According to Income: A Look at Income-Restricted Rentals
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Total Monthly Price
5151 Collins Ave, Unit SI ID1227341P

Total Monthly Price
5050 Collins Ave, Unit SI ID1227200P

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7144 Byron Ave, Unit SI FL14-ID1332432P

6620 Indian Creek Dr, Unit # 405

6620 Indian Creek Dr, Unit 313
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Allison Island, Miami Beach, FL Local Guide

How much does it cost to rent a home in Allison Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Allison Island 2 Bedroom Homes for Rent | $3,996 | $3,100 | $4,500 |
| Allison Island 3 Bedroom Homes for Rent | $12,791 | $6,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Allison Island Neighborhood of Miami Beach, FL.
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Allison Island, Miami Beach, FL Local Guide
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Best Value Homes for Rent in Allison Island, FL
As of September 23, 2026 the best value rental home in the Allison Island area is the $5.52 price per square foot 6700 Indian Creek Dr Model at 6700 Indian Creek Dr, Unit 1207 in the North Shore neighborhood starting from $7,200. The second greatest value Allison Island rental home is the 6700 Indian Creek Dr Model at 6700 Indian Creek Dr, Unit 402 in the North Shore neighborhood starting at $6,000 with a $4.88 price per square foot. Here is today’s list of the best values for Allison Island homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 6700 Indian Creek Dr, Unit 1207 | 6700 Indian Creek Dr | 3BR, 2.5BA | $5.52 |
| 6700 Indian Creek Dr, Unit 402 | 6700 Indian Creek Dr | 3BR, 2.5BA | $4.88 |
| 6620 Indian Creek Dr, Unit # 405 | 6620 Indian Creek Dr | 2BR, 2BA | $3.75 |
| 6620 Indian Creek Dr, Unit 313 | 6620 Indian Creek Dr | 2BR, 2BA | $3.96 |
| 6620 Indian Creek Dr, Unit 121 | 6620 Indian Creek Dr | 2BR, 2BA | $2.73 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
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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
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.
Pet Friendly LifestyleAllison Island, Miami Beach, FL
Ranked #15
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Allison Island
What type of rentals are currently available in Allison Island?
There are currently 25 Apartments for Rent in Allison Island, FL with pricing that ranges from $1,250 to $35,766. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Allison Island ranging from $3,100 to $24,965.
What is the current price range for Rental Homes in Allison Island?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Allison Island ranges from $3,100 to $24,965 with an average monthly rent of $9,021.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.