Cheap Apartments for Rent in the Biscayne Island Neighborhood of Miami Beach, FL from $1,200 (25 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Biscayne Island area of Miami Beach.

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Audy Apartments
1 Bedroom Apartments

Audy Apartments

601 NE 22nd StMiami, FL 33137
  • Utilities Included
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244 Biscayne Blvd
Studio to 3 Bedroom Apartments

244 Biscayne Blvd

244 Biscayne BlvdMiami, FL 33132
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275 NE 18th St
1 to 2 Bedroom Apartments

275 NE 18th St

275 NE 18th StMiami, FL 33132
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23 Palms
1 to 2 Bedroom Apartments

23 Palms

435 NE 23rd StMiami, FL 33137
  • Utilities Included
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1801 NE 4th Ave
1 to 2 Bedroom Apartments

1801 NE 4th Ave

1801 NE 4th AveMiami, FL 33132
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Urban 22
1 to 3 Bedroom Apartments

Urban 22

2222 NE 2nd AveMiami, FL 33137
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1040 Biscayne Blvd
1 to 2 Bedroom Apartments

1040 Biscayne Blvd

1040 Biscayne BlvdMiami, FL 33132
  • Utilities Included

Biscayne Island, Miami Beach, FL Local Guide

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 Bay Parc Apartment Homes priced from $1,968. Camelot Court has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,975. Here are the most affordable Biscayne Island apartments for rent in Miami, FL:

Apartment ListingModel NameBed/BathPriced From
Bay Parc Apartment HomesGallery EBStudio,1BA$1,968
Camelot Court1 bed/1bath1BR,1BA$1,975
Blu27 at EdgewaterS2Studio,1BA$2,272

Best Value Apartments for Rent in Biscayne Island, FL

As of October 25, 2025 the best value apartment in the Biscayne Island area is the $3.04 price per square foot 1717 N Bayshore Dr Model at 1717 N Bayshore Dr in the in the Downtown Miami neighborhood starting from $9,000. The second greatest value Biscayne Island apartment is the 213 NE 27th St Model at 213 NE 27th St, Unit C3 starting at $5,000 with a $3.10 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1717 N Bayshore Dr1717 N Bayshore Dr3BR,2.5BA$3.04
213 NE 27th St, Unit C3213 NE 27th St3BR,2BA$3.10
480 NE 29th St, Unit B3480 NE 29th St2BR,2BA$3.02
2328 NE 2nd Ave, Unit 25022328 NE 2nd Ave2BR,1BA$2.89
241 NE 27th St, Unit A1241 NE 27th St1BR,1BA$2.47
342 NE 26th Ter, Unit B1342 NE 26th Ter2BR,2BA$3.32
520 NE 26th St, Unit A2520 NE 26th St1BR,1BA$2.94
111 NE 2nd Ave, Unit 1201111 NE 2nd Ave1BR,1BA$3.29
133 2nd NE Ave, Unit 2001133 2nd NE Ave1BR,1BA$3.07
Camelot Court1 bed/1bath1BR,1BA$2.95

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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Pet Friendly Lifestyle
Biscayne Island, Miami Beach, FL

Ranked #3

Among cities in Florida for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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

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 $2,272.

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 $5,568.

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 4 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 $363 which is $5,205 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.

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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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.