Cheap Homes for Rent in South Beach Neighborhood of Miami Beach, FL from $1,500 (260 Rentals)

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

property at 1845 Bay Rd

1845 Bay Rd

Miami BeachFL33139

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 635 8th St

635 8th St

Miami BeachFL33139
property at 420 15th St

420 15th St

Miami BeachFL33139
property at 921 Meridian Ave

921 Meridian 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.

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property at 842 Meridian Ave

842 Meridian Ave

Miami BeachFL33139
property at 1250 West Ave

1250 West Ave

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.

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property at 761 Euclid Ave

761 Euclid Ave

Miami BeachFL33139

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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property at 401 Collins Ave

401 Collins Ave

Miami BeachFL33139
property at 641 Española Wy

641 Española Wy

Miami BeachFL33139
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South Beach, Miami Beach, FL Local Guide

Cheapest Available South Beach Apartments for Rent

 

The cheapest available apartment rental in the South Beach area of Miami Beach, FL is a Studio unit found at Helios Apartments Miami Beach priced from $1,345. 1405 Meridian Ave has the second lowest priced unit, which is a Studio apartment currently listed from $1,500. Here are the most affordable South Beach apartments for rent in Miami Beach, FL:

Apartment ListingModel NameBed/BathPriced From
Helios Apartments Miami BeachA3Studio,1BA$1,345
1405 Meridian AveEfficiencyStudio,1BA$1,500
Depot Miami ApartmentsStudioStudio,1BA$1,825
900 Pennsylvania Aveunit 41BR,1BA$1,900
Edwards Apartments1 BED 1 BATH1BR,1BA$1,900
2418 Flamingo Dr1BD/1BA1BR,1BA$1,950
710 7th St1 Bedroom 1 Bathroom1BR,1BA$2,000

Best Value Apartments for Rent in South Beach, FL

As of July 24, 2025 the best value apartment in the South Beach area is the $2.50 price per square foot 1536 Michigan Ave Model at 1536 Michigan Ave, Unit 1 in the in the Port of Miami neighborhood starting from $2,498. The second greatest value South Beach apartment is the 241 28th St Model at 241 28th St, Unit 4 starting at $2,900 with a $3.30 price per square foot in the Bayshore neighborhood. Here is today’s list of the best values for South Beach apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1536 Michigan Ave, Unit 11536 Michigan Ave2BR,1BA$2.50
241 28th St, Unit 4241 28th St2BR,1BA$3.30
2880 Pine Tree Dr, Unit 42880 Pine Tree Dr1BR,1BA$2.93
733-737 Michigan Ave2Bed/1Bath2BR,1BA$3.71
2418 Flamingo Dr1BD/1BA1BR,1BA$3.00
1615 Meridian Ave, Unit 2021615 Meridian Ave1BR,1BA$3.52
900 Pennsylvania Aveunit 41BR,1BA$3.17
Helios Apartments Miami BeachA61BR,1BA$2.78
Edwards ApartmentsSTUDIOStudio ,1BA$3.60
345 Michigan Ave, Unit 24345 Michigan Ave1BR,1BA$3.77

Quick Rent Budget Calculator

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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 South Beach

What type of rentals are currently available in South Beach?

There are currently 884 Apartments for Rent in South Beach, FL with pricing that ranges from $1,500 to $50,000. There are also 965 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Beach ranging from $1,500 to $100,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in South Beach ranges from $1,500 to $100,000 with an average monthly rent of $35,666.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in South Beach range from $3,800 to $30,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,600 to $40,000. Four Bedroom Single-Family rentals are also available starting from $9,900 and Four Bedroom Apartments start at $10,000.

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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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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

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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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.