Cheap Apartments for Rent in Miami Beach, FL from $600 (205 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 2140 Bay Dr

2140 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 8430 Harding Ave

8430 Harding Ave

Miami BeachFL33141

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 415 75th St

415 75th St

Miami BeachFL33141
property at 924 Marseille Dr

924 Marseille Dr

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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property at 1191 71st St

1191 71st St

Miami BeachFL33141
property at 235 79th St

235 79th St

Miami BeachFL33141

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Miami's Best Affordable Neighborhoods

Learn about Miami and the best places to live with original content written by our Miami, FL Local Expert Kelly Reising

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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: 06/26/2025

Current apartment rentals in the Miami Beach, FL area range in price from $1,300 to $50,000 with an overall median price of $16,796. The three Miami Beach neighborhoods with the lowest median rent pricing are Allison Island at $1,450, La Gorce at $1,450, and North Beach at $1,350. Here is today’s list of the top 8 neighborhoods with the lowest median pricing for Miami Beach Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Allison Island$3,990$1,450101
La Gorce$3,990$1,450123
North Beach$4,575$1,350122
Mid Beach$6,000$1,30072
Miami Beach Boardwalk$12,000$1,60037
Faena$26,907$1,345153
Flamingo$26,907$1,345112
South Beach$50,000$1,300159

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
Boutique Apts // Bayside Apts LLC0BR/1.0BAStudio,1BA$1,475
OCEAN HOUSE NOBE0/1Studio,1BA$1,500

Best Value Apartments for Rent in Miami Beach, FL

As of June 27, 2025 the best value apartment in the Miami Beach area is the $1.15 price per square foot 1320 NE 117th Ter Model at 1320 NE 117th Ter, Unit 1 in the in the North Miami neighborhood starting from $2,900. The second greatest value Miami Beach apartment is the 999 Brickell Bay Dr Model at 999 Brickell Bay Dr, Unit 1510 starting at $3,200 with a $2.46 price per square foot in the Miami Riverwalk 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.
1320 NE 117th Ter, Unit 11320 NE 117th Ter3BR,2BA$1.15
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 Apartments2/1.52BR,1.5BA$2.30
Sawyer’s WalkTwo Bedroom2BR,2BA$1.33
1536 Michigan Ave, Unit 11536 Michigan Ave2BR,1BA$2.50
Biscayne2x2 - 949 sqft - The Coconut s--s beds2BR,2BA$2.42
1160 NE 111th St, Unit B1160 NE 111th St2BR,1BA$2.44
810 82nd St, Unit 3810 82nd St1BR,1BA$2.19

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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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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 $16,796.

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 81 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 $276 which is $16,520 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.

decorative image for The 10 Best Affordable Neighborhoods in Miami, FL article

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

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.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.