Cheap Apartments for Rent in Miami Beach, FL from $600 (230 Rentals)

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Search the lowest-cost Apartments available for rent right now in 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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property at 7721 Harding Ave

$1,500 - $2,300

Studio To 2 Bedroom Rentals

Available Now

7721 Harding Ave

Miami BeachFL33141
property at 945 Bay Dr

$1,525 - $1,950

1 To 2 Bedroom Rentals

Available Now

945 Bay Dr

Miami BeachFL33141

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.

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property at 346 86th St

$1,600 - $1,700

1 Bedroom Rentals

Available Now

346 86th St

Miami BeachFL33141

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.

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property at 1850 Meridian Ave

$1,600 - $1,825

Studio To 1 Bedroom Rentals

Available Now

1850 Meridian Ave

Miami BeachFL33139

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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property at 6950 Byron Ave

$1,650 - $1,950

Studio To 1 Bedroom Rentals

Available Now

6950 Byron Ave

Miami BeachFL33141

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Miami Beach, FL Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Miami Beach, FL

Pricing Updated: 01/22/2026

Current apartment rentals in the Miami Beach, FL area range in price from $1,300 to $50,000 with an overall median price of $14,110. The three Miami Beach neighborhoods with the lowest median rent pricing are Miami Beach Boardwalk at $1,550, Flamingo at $1,500, and Mid Beach at $1,500. Here is today’s list of the top 9 neighborhoods with the lowest median pricing for Miami Beach Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Miami Beach Boardwalk$3,147$1,5503
Flamingo$5,900$1,50083
Mid Beach$9,900$1,50070
Faena$10,000$1,520125
Allison Island$10,130$1,400123
La Gorce$10,130$1,400124
North Beach$12,016$1,300105
Lummus Park$25,769$1,8001
South Beach$40,000$1,50090

Cheapest Available Miami Beach Apartments for Rent

 

The cheapest available apartment rental in Miami Beach, FL is a Studio unit found at Coral Terrace in the North Miami neighborhood priced from $1,050. Sawyer’s Walk in the Miami Riverwalk neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,333. Here is today’s list of the most affordable Miami Beach apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Coral TerraceStudioStudio,1BA$1,050
Sawyer’s WalkTwo Bedroom2BR,2BA$1,333
Helios Apartments Miami BeachA3Studio,1BA$1,345
Venetian at North MiamiStudioStudio,1BA$1,350
Discover Comfort and Convenience in Our 1-Bedroom Apartment1BR/1.0BA1BR,1BA$1,350
4540 Royal Palm Ave1 Bedroom 1 Bath1BR,1BA$1,395
420 78th StStudioStudio,1BA$1,400
7143 Bonita DrStudio-smallStudio,1BA$1,550
6844 Harding Ave1 BEDROOM1BR,1BA$1,600
Cielo Miami Beach ApartmentsOne Bedroom1BR,1BA$1,600

Best Value Apartments for Rent in Miami Beach, FL

As of January 22, 2026 the best value apartment in the Miami Beach area is the $1.53 price per square foot Model B Model at Legacy at Bay Harbor in the in the Normandy Beach neighborhood starting from $2,900. The second greatest value Miami Beach apartment is the 2457 Collins Ave Model at 2457 Collins Ave, Unit #1401 starting at $3,250 with a $2.17 price per square foot in the Bayshore neighborhood. Here is today’s list of the best values for Miami Beach apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Legacy at Bay HarborModel B2BR,2.5BA$1.53
2457 Collins Ave, Unit #14012457 Collins Ave2BR,2BA$2.17
1620 NE 110th Ter, Unit 21620 NE 110th Ter2BR,1BA$1.53
1588 NE 110th St, Unit 11588 NE 110th St2BR,1BA$1.60
Park Place by the Bay3 Bedroom, 2 Bathroom3BR,2BA$2.29
Sawyer’s WalkTwo Bedroom2BR,2BA$1.33
1982 Marseille Dr, Unit 41982 Marseille Dr2BR,1BA$2.22
Cielo Miami Beach ApartmentsOne Bedroom1BR,1BA$1.88
Marseille1BR/1.0BA1BR,1BA$2.31
4540 Royal Palm Ave1 Bedroom 1 Bath1BR,1BA$2.33

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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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

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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Miami Beach Overview

Arguably one of the nation's most revered beachfront regions, Miami Beach is practically the epitome of Florida living. Boasting scenic, sun-drenched shores, retail shopping galore, and plenty of job opportunities, this consistent hot spot is an in-demand locale with good reason.

Why live in Miami Beach, FL?

Long considered a southern paradise, Miami Beach rentals offer some of the best that Florida has to offer. Gorgeous seaside views meld with an array of local shopping, dining and nightlife amenities, while the city's close proximity to Miami proper grants residents an easy commute to one of the largest and most consistent local economies in the entire Sunshine State. Simply put, this is epic Florida living.

Best Local Schools in
Miami Beach, FL

School data provided by Great Schools

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

Explore Miami Beach, FL Rentals by Map

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See the most popular apartments and homes in Miami Beach, FL

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Frequently Asked Questions about Cheap Miami Beach Apartments

What is a cheap apartment in Miami Beach?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Miami Beach is under $1,600.

What is the price of a cheap apartment in Miami Beach?

The cheapest apartment in Miami Beach is Discover Comfort and Convenience in Our 1-Bedroom Apartment which is listed at $1,350, while the average apartment in Miami Beach costs $14,110.

What types of apartments are the cheapest in Miami Beach?

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 49 regular apartments in Miami Beach 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 Miami Beach?

Cheap apartments in Miami Beach have an average cost of $410 which is $13,700 cheaper than the average rent for all rentals in Miami Beach.

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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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.