Cheap Apartments for Rent in the Faena Neighborhood of Miami Beach, FL from $1,300 (31 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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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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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Southgate Towers
$2,406 - $4,338
Total Monthly Price

Total Monthly Price

Base Rent
$2,406 - $4,338
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Southgate Towers

900 West AveMiami Beach, FL 33139
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1000 West Ave, Unit 218
$2,580
Total Monthly Price

Total Monthly Price

Base Rent
$2,580
Total Monthly Price
$2,580
Studio Apartment Available Now

1000 West Ave, Unit 218

1000 West AveMiami Beach, FL 33139
Furnished
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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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Showing Results 1-31, Page 1 of 1

Faena, Miami Beach, FL Local Guide

Cheapest Available Faena Apartments for Rent

 

The cheapest available apartment rental in the Faena area of Miami Beach, FL is a Studio unit found at Helios Apartments Miami Beach priced from $1,345. 4540 Royal Palm Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,595. Here are the most affordable Faena apartments for rent in Miami Beach, FL:

Apartment ListingModel NameBed/BathPriced From
Helios Apartments Miami BeachA3Studio,1BA$1,345
4540 Royal Palm Ave1 Bedroom 1 Bath1BR,1BA$1,595
4035 N Meridian Ave11BR,1BA$1,698
900 Pennsylvania AveStudioStudio,1BA$1,800
710 7th St1 Bed/1 Bath1BR,1BA$2,000
Gator Apartments1 BED 1 BATH1BR,1BA$2,000
The BellmoreStudio1BR,1BA$2,075
Flamingo South BeachDrexel AStudio,1BA$2,110
Southgate TowersDesign EAStudio,1BA$2,536

Best Value Apartments for Rent in Faena, FL

As of June 01, 2026 the best value apartment in the Faena area is the $2.53 price per square foot 1x1 Model at 4035 N Meridian Ave in the in the Venetian Islands neighborhood starting from $1,798. The second greatest value Faena apartment is the 1615 Meridian Ave Model at 1615 Meridian Ave, Unit 202 starting at $2,000 with a $3.20 price per square foot in the City Center neighborhood. Here is today’s list of the best values for Faena apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
4035 N Meridian Ave1x11BR,1BA$2.53
1615 Meridian Ave, Unit 2021615 Meridian Ave1BR,1BA$3.20
4540 Royal Palm Ave1 Bedroom 1 Bath1BR,1BA$2.66
1000 West Ave, Unit 2181000 West AveStudio ,1BA$4.30
Gator Apartments1 BED 1 BATH1BR,1BA$3.33
Flamingo South BeachDrexel BStudio ,1BA$4.39
Helios Apartments Miami BeachA3Studio ,1BA$2.69
The BellmoreStudio1BR,1BA$4.15
710 7th St1 Bed/1 Bath1BR,1BA$4.00
900 Pennsylvania AveStudioStudio ,1BA$3.60

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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
Faena, Miami Beach, FL

Ranked #20

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Faena Apartments

What is the Cheapest Studio apartment in Faena?

Currently the most affordable Cheap Studio Apartment in Faena is at Helios Apartments Miami Beach listed at $1,345.

How much is rent for a Cheap One Bedroom Faena Apartment?

The lowest price for a Cheap One Bedroom Faena Apartment is $1,595 at 4540 Royal Palm Ave.

What is the lowest price for a Cheap Two Bedroom Faena Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Faena is starting from $2,900 at The Bellmore.

What is the most affordable Faena Three Bedroom Apartment?

The best deal on a cheap Faena Three Bedroom Apartment rental is at Avara and starts from $8,850.

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.

Articles, How-To's, and Tips

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.