Cheap Homes for Rent in Miami Beach, FL from $1,200 (342 Rentals)

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

property at 1260 NE 115th St

$1,499

Total Monthly Price

Total Monthly Price

Base Rent
$1,499

Total Monthly Price
$1,499

1 Bedroom, 1 Bath Condo for Rent

Available Now

1260 NE 115th St

MiamiFL33161

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.

property at 1350 NE 119th St

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 Bedroom, 1 Bath Condo for Rent

Available Now

1350 NE 119th St

North MiamiFL33161
property at 1200 Brickell Bay Dr

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 Bedroom, 1 Bath Condo for Rent

Available Feb 20

1200 Brickell Bay Dr, Unit 2803

1200 Brickell Bay Dr
MiamiFL33131

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.

property at 825 Euclid Ave

$1,550

Studio, 1 Bath Condo for Rent

Available Now

825 Euclid Ave

Miami BeachFL33139
property at 1750 115th NE St

$1,569

Total Monthly Price

Total Monthly Price

Base Rent
$1,569

Total Monthly Price
$1,569

Studio, 1 Bath Condo for Rent

Available Now

1750 115th NE St, Unit 608

1750 115th NE St
MiamiFL33181
property at 12665 NE 16th Ave

$1,575 - $1,600

1 To 2 Bedroom Rentals

Available Now

12665 NE 16th Ave

North MiamiFL33161

Miami Unfiltered: A Born-and-Raised Local Experts Guide to Where Locals Love to Live

Miami is huge! Explore the best places to live, from booming Miami Gardens and North Miami to trendy Brickell and Little Havana, with a true local's expert advice.

property at 1770 Meridian Ave

$1,600 - $1,750

Studio To 1 Bedroom Rentals

Available Now

1770 Meridian Ave

Miami BeachFL33139
property at 1885 NE 121st St

$1,600 - $1,650

1 Bedroom Rentals

Available Now

1885 NE 121st St

North MiamiFL33181
property at 825 Euclid Ave

$1,550 - $2,500

Studio Rentals

Available Now

825 Euclid Ave

Miami BeachFL33139

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.

property at 8415 Harding Ave

$1,625 - $2,600

1 To 2 Bedroom Rentals

Available Now

8415 Harding Ave

Miami BeachFL33141
property at 1805 Sans Souci Blvd

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

1 Bedroom, 2 Bath Condo for Rent

Available Now

1805 Sans Souci Blvd

North MiamiFL33181
property at 1011 9th St

$1,650 - $2,650

1 To 2 Bedroom Rentals

Available Now

1011 9th St

Miami BeachFL33139

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.

Miami Beach, FL Local Guide

Cheapest Neighborhoods for Apartments in Miami Beach, FL

Pricing Updated: 02/19/2026

Current apartment rentals in the Miami Beach, FL area range in price from $1,350 to $50,000 with an overall median price of $13,716. The three Miami Beach neighborhoods with the lowest median rent pricing are Miami Beach Boardwalk at $1,450, Mid Beach at $1,450, and Faena at $1,500. 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
Miami Beach Boardwalk$3,322$1,4501
Mid Beach$9,775$1,45065
Faena$9,900$1,50078
La Gorce$11,249$1,533117
Flamingo$12,332$1,50045
South Beach$13,314$1,45049
North Beach$17,247$1,35096
Allison Island$32,594$1,533118

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
Discover Comfort and Convenience in Our 1-Bedroom Apartment1BR/1.0BA1BR,1BA$1,350
4540 Royal Palm Ave1 Bedroom 1 Bath1BR,1BA$1,395
The Boutique Apartments0BR/1.0BAStudio,1BA$1,550
7143 Bonita DrStudio-smallStudio,1BA$1,550
Normandy CoveResidence 50, Floor 1Studio,1BA$1,583
Cielo Miami Beach ApartmentsOne Bedroom1BR,1BA$1,600

Best Value Apartments for Rent in Miami Beach, FL

As of February 19, 2026 the best value apartment in the Miami Beach area is the $1.60 price per square foot 1588 NE 110th St Model at 1588 NE 110th St, Unit 1 in the in the San Souci Estates neighborhood starting from $2,400. The second greatest value Miami Beach apartment is the Spacious 2 Bed, 1.5 Bath in Bay Harbor Islands ... Model at The Oaks Apartments starting at $2,550 with a $2.37 price per square foot in the Normandy Beach 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.
1588 NE 110th St, Unit 11588 NE 110th St2BR,1BA$1.60
The Oaks ApartmentsSpacious 2 Bed, 1.5 Bath in Bay Harbor Islands ...2BR,1.5BA$2.37
Sawyer’s WalkTwo Bedroom2BR,2BA$1.33
Biscayne2x2 - 951 sqft - The Queen SxS beds2BR,2BA$2.40
1345 NE 105th St, Unit Unit #31345 NE 105th St1BR,1BA$2.06
Cielo Miami Beach ApartmentsOne Bedroom1BR,1BA$1.88
Marseille1BR/1.0BA1BR,1BA$2.31
9800 East Bay Harbor Drive1BR/1.0BA1BR,1BA$2.42
2011 Bay Dr1 Bed 1 Bath1BR,1BA$2.37
4540 Royal Palm Ave1 Bedroom 1 Bath1BR,1BA$2.33

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

Read Article
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Student Living Made Easy: Great Miami Neighborhoods to Rent Near Campus

A Local Expert’s Guide to Student Friendly Neighborhoods Near Colleges and Universities in Miami. Find your perfect Miami, FL area student apartment, condo, or rental home today at ApartmentHomeliving.com

Read Article
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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Miami Beach, FL Rentals by Map

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Frequently Asked Questions about Miami Beach

What type of rentals are currently available in Miami Beach?

There are currently 2768 Apartments for Rent in Miami Beach, FL with pricing that ranges from $1,050 to $50,000. There are also 2397 Single Family Homes for rent, Condos, and Townhome rentals currently available in Miami Beach ranging from $1,200 to $100,000.

What is the current price range for Rental Homes in Miami Beach?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Miami Beach ranges from $1,200 to $100,000 with an average monthly rent of $30,870.

How much are larger Three and Four Bedroom Rentals in Miami Beach?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Miami Beach range from $2,300 to $30,011, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,350 to $70,000. Four Bedroom Single-Family rentals are also available starting from $4,750 and Four Bedroom Apartments start at $5,900.

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.

Helpful Local Expert Guides

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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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Student Living Made Easy: Great Miami Neighborhoods to Rent Near Campus

Written by: Allaire Williams

Whether you’re starting your first semester or just need a change of scenery, finding the right place to live during college makes a difference.

decorative image for Miami Unfiltered: A Born-and-Raised Guide to Where Locals Love to Live   article

Miami Unfiltered: A Born-and-Raised Guide to Where Locals Love to Live

Written by: Allaire Williams

I’m Allaire, your ApartmentHomeLiving.com Local Expert for Miami, Florida, and I’ll start by saying that this city is so much more than the South Beach party scene you see on Instagram and TV.

Articles, How-To's, and Tips

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.