Cheap Apartments for Rent in the Biscayne Island Neighborhood of Miami Beach, FL from $1,200 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Biscayne Island area of Miami Beach.

Opera Tower

244 Biscayne Blvd

Blu27 at Edgewater
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.

Alea Miami

2000 Biscayne

1756 N Bayshore Dr
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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Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Biscayne Island, Miami Beach, FL Local Guide

How much does it cost to rent an apartment in Biscayne Island?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Biscayne Island Studio Apartments | $2,643 | $1,575 | $6,870 |
Biscayne Island 1 Bedroom Apartments | $3,364 | $1,975 | $6,850 |
Biscayne Island 2 Bedroom Apartments | $4,621 | $2,350 | $10,000+ |
Biscayne Island 3 Bedroom Apartments | $6,556 | $2,150 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 1 mile radius of the Biscayne Island Neighborhood of Miami Beach, FL.
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Biscayne Island, Miami Beach, FL Local Guide
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Cheapest Available Biscayne Island Apartments for Rent
 The cheapest available apartment rental in the Biscayne Island area of Miami, FL is a Studio unit found at Camelot Court priced from $1,600. Opera Tower has the second lowest priced unit, which is a Studio apartment currently listed from $1,800. Here are the most affordable Biscayne Island apartments for rent in Miami, FL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Camelot Court | Studio | Studio,1BA | $1,600 |
Opera Tower | Studio | Studio,1BA | $1,800 |
Bay Parc Apartment Homes | Gallery EB Premier | Studio,1BA | $2,152 |
ParkLine Miami | SS1 - South Residence | Studio,1BA | $2,250 |
Alea Miami | J1 | Studio,1BA | $2,275 |
Best Value Apartments for Rent in Biscayne Island, FL
As of May 26, 2025 the best value apartment in the Biscayne Island area is the $3.85 price per square foot 555 NE 15th St Model at 555 NE 15th St, Unit 32C in the in the Downtown Miami neighborhood starting from $4,600. The second greatest value Biscayne Island apartment is the 480 NE 29th St Model at 480 NE 29th St, Unit B3 starting at $3,599 with a $3.02 price per square foot in the Downtown Miami neighborhood. Here is today’s list of the best values for Biscayne Island apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
555 NE 15th St, Unit 32C | 555 NE 15th St | 2BR,2BA | $3.85 |
480 NE 29th St, Unit B3 | 480 NE 29th St | 2BR,2BA | $3.02 |
The Watermarc at Biscayne Bay | Design 2A | 2BR,2BA | $4.13 |
2500 NE 2nd Ave, Unit Midtown | 2500 NE 2nd Ave | 1BR,1BA | $3.88 |
528 NE 26th St, Unit A1 | 528 NE 26th St | 1BR,1BA | $3.40 |
Wynwood Bay | A1 | 1BR,1BA | $3.85 |
ParkLine Miami | AS2 - South Residence | 1BR,1BA | $3.98 |
477 NE 25th St, Unit A2 | 477 NE 25th St | 1BR,1BA | $3.50 |
337 NE 26th Ter, Unit S2 | 337 NE 26th Ter | Studio ,1BA | $4.04 |
Camelot Court | Studio | Studio ,1BA | $3.29 |
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.
Pet Friendly LifestyleBiscayne Island, Miami Beach, FL
Ranked #2
Among neighborhoods in Miami Beach, FL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Biscayne Island Neighborhood in Miami Beach, FL
Walk Score®
22 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
54 / 100
Bikeable
Some bike infrastructure
Transit Score®
54 / 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 Biscayne Island Apartments
What is a cheap apartment in Biscayne Island?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Biscayne Island is under $2,370.
What is the price of a cheap apartment in Biscayne Island?
The cheapest apartment in Biscayne Island is Camelot Court which is listed at $1,975, while the average apartment in Biscayne Island costs $27,082.
What types of apartments are the cheapest in Biscayne 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 114 regular apartments in Biscayne 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 Biscayne Island?
Cheap apartments in Biscayne Island have an average cost of $582 which is $26,500 cheaper than the average rent for all rentals in Biscayne Island.
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.

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.

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.

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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.