Cheap Apartments for Rent in Miami Beach, FL from $600 (213 Rentals)

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Search the lowest-cost Apartments available for rent right now in Miami Beach.

property at 420 78th St

420 78th St

Miami BeachFL33141
property at 924 Marseille Dr

924 Marseille Dr

Miami BeachFL33141
property at 780 73rd St

780 73rd St

Miami BeachFL33141
property at 635 12th St

635 12th St

Miami BeachFL33139
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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: 07/31/2025

Current apartment rentals in the Miami Beach, FL area range in price from $1,250 to $50,000 with an overall median price of $14,164. The three Miami Beach neighborhoods with the lowest median rent pricing are Miami Beach Boardwalk at $1,600, Lummus Park at $1,800, and North Beach at $1,250. 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$3,045$1,60034
Lummus Park$4,180$1,8003
North Beach$4,395$1,250122
Allison Island$6,000$1,450109
La Gorce$6,000$1,450128
Mid Beach$8,050$1,50072
Faena$22,907$1,500154
Flamingo$22,907$1,500125
South Beach$50,000$1,500162

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
Sans Souci Tennis ApartmentsStudio, 1 bathStudio,1BA$1,395
6844 Harding AveSTUDIOStudio,1BA$1,400
420 78th StStudioStudio,1BA$1,450
1405 Meridian AveEfficiencyStudio,1BA$1,500
OCEAN HOUSE NOBE0/1Studio,1BA$1,500
660 85th StEfficiency1BR,1BA$1,500

Best Value Apartments for Rent in Miami Beach, FL

As of July 31, 2025 the best value apartment in the Miami Beach area is the $2.46 price per square foot 999 Brickell Bay Dr Model at 999 Brickell Bay Dr, Unit 1510 in the in the Miami Riverwalk neighborhood starting from $3,200. The second greatest value Miami Beach apartment is the 7721 Dunham Blvd Model at 7721 Dunham Blvd, Unit TOWNHOME starting at $2,800 with a $2.33 price per square foot in the Upper East Side 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.
999 Brickell Bay Dr, Unit 1510999 Brickell Bay Dr2BR,2BA$2.46
7721 Dunham Blvd, Unit TOWNHOME7721 Dunham Blvd3BR,2BA$2.33
8031 Hawthorne Ave, Unit 38031 Hawthorne Ave2BR,1BA$2.00
The Oaks ApartmentsSpacious 2 Bed, 1.5 Bath in Bay Harbor Islands ...2BR,1.5BA$2.30
1340 NE 111th St, Unit 41340 NE 111th St2BR,1BA$1.67
Sawyer’s WalkTwo Bedroom2BR,2BA$1.33
Biscayne2x2 - 949 sqft - The Coconut s--s beds2BR,2BA$2.29
1160 NE 111th St, Unit B1160 NE 111th St2BR,1BA$2.39
810 82nd St, Unit 3810 82nd St1BR,1BA$2.19
740 83rd St740 83rd St1BR,1BA$2.31

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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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Getting Around Miami Beach, FL

Walk Score®

86 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

75 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

50 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $1,500.

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

The cheapest apartment in Miami Beach is 660 85th St which is listed at $1,500, while the average apartment in Miami Beach costs $14,164.

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 54 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 $252 which is $13,912 cheaper than the average rent for all rentals in Miami Beach.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The 10 Best Affordable Neighborhoods in Miami, FL

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.