Cheap Homes for Rent in Miami Beach, FL from $1,200 (368 Rentals)

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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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property at 320 85th St

320 85th St

Miami BeachFL33141
property at 620 76th St

620 76th St

Miami BeachFL33141
property at 2000 Biarritz Dr

2000 Biarritz Dr

Miami BeachFL33141

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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property at 421 75th St

421 75th St

Miami BeachFL33141
property at 415 75th St

415 75th St

Miami BeachFL33141
property at 7334 Harding Ave

7334 Harding Ave

Miami BeachFL33141

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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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 7904 West Dr

7904 West Dr

North Bay VillageFL33141

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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Miami Beach, FL Local Guide

Cheapest Neighborhoods for Apartments in Miami Beach, FL

Pricing Updated: 07/31/2025

Current apartment rentals in the Miami Beach, FL area range in price from $1,350 to $50,000 with an overall median price of $14,339. The three Miami Beach neighborhoods with the lowest median rent pricing are Miami Beach Boardwalk at $1,600, Lummus Park at $1,800, and North Beach at $1,350. Here is today’s list of the top 9 neighborhoods with the lowest median pricing for Miami Beach Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Miami Beach Boardwalk$3,045$1,60034
Lummus Park$4,130$1,8004
North Beach$4,800$1,350100
La Gorce$6,000$1,450107
Allison Island$7,400$1,45086
Mid Beach$7,870$1,50048
Faena$22,907$1,500151
Flamingo$22,907$1,500123
South Beach$50,000$1,500160

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
1405 Meridian AveEfficiencyStudio,1BA$1,500
OCEAN HOUSE NOBE0/1Studio,1BA$1,500
660 85th StEfficiency1BR,1BA$1,500

Best Value Apartments for Rent in Miami Beach, FL

As of July 31, 2025 the best value apartment in the Miami Beach area is the $2.46 price per square foot 999 Brickell Bay Dr Model at 999 Brickell Bay Dr, Unit 1510 in the in the Miami Riverwalk neighborhood starting from $3,200. The second greatest value Miami Beach apartment is the 7721 Dunham Blvd Model at 7721 Dunham Blvd, Unit TOWNHOME starting at $2,800 with a $2.33 price per square foot in the Upper East Side 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.
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 ApartmentsSpacious 2 Bed, 1.5 Bath in Bay Harbor Islands ...2BR,1.5BA$2.30
1340 NE 111th St, Unit 41340 NE 111th St2BR,1BA$1.67
Sawyer’s WalkTwo Bedroom2BR,2BA$1.33
Biscayne2x2 - 951 sqft - The Queen SxS beds2BR,2BA$2.38
1160 NE 111th St, Unit B1160 NE 111th St2BR,1BA$2.39
810 82nd St, Unit 3810 82nd St1BR,1BA$2.19
9800 East Bay Harbor Drive1BR/1.0BA1BR,1BA$2.43

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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Frequently Asked Questions about Miami Beach

What type of rentals are currently available in Miami Beach?

There are currently 2750 Apartments for Rent in Miami Beach, FL with pricing that ranges from $1,050 to $50,000. There are also 3518 Single Family Homes for rent, Condos, and Townhome rentals currently available in Miami Beach ranging from $1,250 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 $1,250 to $100,000 with an average monthly rent of $36,354.

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 $2,600 to $30,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $70,000. Four Bedroom Single-Family rentals are also available starting from $4,800 and Four Bedroom Apartments start at $2,000.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.