Cheap Apartments for Rent in Miami, FL from $300 (748 Rentals)

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

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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property at 2932 NW 16th Ave

$1,050 - $1,650

Studio To 1 Bedroom Rentals

Available Now

2932 NW 16th Ave

MiamiFL33142

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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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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Beyond Miami: Nearby Cities That Make Renting in South Florida Easier

Searching for apartments in South Florida? Go beyond Miami with our local expert guide to Fort Lauderdale, Hollywood, Doral, and more. Compare options to find your fit.

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Miami, FL Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Miami, FL

Pricing Updated: 07/13/2026

Current apartment rentals in the Miami, FL area range in price from $800 to $100,000 with an overall median price of $23,542. The three Miami neighborhoods with the lowest median rent pricing are South Broward Sports Center at $1,900, West Hialeah at $1,400, and Gladeview at $1,350. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Miami Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
South Broward Sports Center$1,900$1,9001
West Hialeah$2,875$1,40088
Gladeview$2,950$1,35017
Sweetwater Groves$2,975$1,80023
Miramar Isles$3,000$96018
Opa-Locka$3,075$1,00025
Miramar$3,099$1,80032
Devon Aire Estates$3,130$1,8007
Highland Garden$3,200$1,30026
West Buena Vista$3,300$85013

Cheapest Available Miami Apartments for Rent

 

The cheapest available apartment rental in Miami, FL is a 1 Bed unit found at Santa Clara I in the Miami River neighborhood priced from $746. Santa Clara II in the Miami River neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $840. Here is today’s list of the most affordable Miami apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Santa Clara I1 Bedroom1BR,1BA$746
Santa Clara II3 Bedroom3BR,2BA$840
Douglas Pointe2BR2BR,2BA$905
New Arena Square Apartments1Bed 1Bath1BR,1BA$950
Malibu GardensUNIT A1BR,1BA$950
Park CityThe Largo- Income Restrictions1BR,1BA$963
1540 NW 1st Ct0BR/1.0BAStudio,1BA$1,150
Sharazad0BR/1.0BAStudio,1BA$1,150
The DorianStudioStudio,1BA$1,150

Best Value Apartments for Rent in Miami, FL

As of July 13, 2026 the best value apartment in the Miami area is the $0.68 price per square foot 1736 SW 9th St Model at 1736 SW 9th St, Unit 1738 in the in the East Little Havana neighborhood starting from $2,600. The second greatest value Miami apartment is the 14141 NE 3rd Ct Model at 14141 NE 3rd Ct, Unit 14141 starting at $2,100 with a $0.88 price per square foot in the North Miami neighborhood. Here is today’s list of the best values for Miami apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1736 SW 9th St, Unit 17381736 SW 9th St3BR,1BA$0.68
14141 NE 3rd Ct, Unit 1414114141 NE 3rd Ct2BR,1BA$0.88
19 NE 48th St, Unit 119 NE 48th St2BR,1BA$1.12
9249 SW 146th CtMiami Home3BR,2BA$1.06
4th Street Commons4x4 City View4BR,4BA$0.76
Douglas Pointe2BR2BR,2BA$1.07
New Arena Square Apartments1Bed 1Bath1BR,1BA$1.29
Park CityThe Largo- Income Restrictions1BR,1BA$1.31
Malibu GardensUNIT A1BR,1BA$1.51
Santa Clara I1 Bedroom1BR,1BA$1.23

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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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

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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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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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Miami Overview

Landing it as one of the top 10 US metro areas in population, the Miami metro area is home to over 5 million people - many of whom are nestled in one of the many options in great apartments in Miami. Not only is Miami a major U. S. city, it's often called the Capital of Latin America, and has more international banks than any other city in this country. Miami is a major player nationally and internationally in the worlds of finance, tourism, biotechnology, medicine and many more industries. And as a thriving global city, Miami offers incredible access to culture and arts, from incredible live performances, first rate museums, a thriving art scene and as one of the world's most exciting centers of fashion. Plus, this city is at the heart of the 'sunshine state,' with beautiful beaches, a booming nightlife and in 2008 Forbes magazine named Miami America's cleanest city based on air quality, access to open spaces, water quality, cleanliness of the streets and the recycling program.

Why live in Miami, FL?

Combining near-perfect temperatures, beautiful ocean views and enough fun in the sun to last a lifetime, apartments in Miami are toted as the cream of the crop of the Florida scene. The largest city in terms of population in the Sunshine State and named a global city due to its stature in the industries of finance, entertainment and commerce, Miami apartments place residents firmly in the center of all that Florida has to offer.

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

Explore Miami, FL Rentals by Map

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See the most popular apartments and homes in Miami, FL

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Miami, FL Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Allaire • 4+ years in Miami

May 6, 2025

I'm a native, born and raised. I've seen Miami grow into the international hotspot it's known for. Depending on where you live, transportation may not be that good, but there's never a shortage of things to do and see. It's gotten really expensive to live here, but you can't beat the food, people, events, water, and overall vibe. My advice is to EXPLORE. There are many neighborhoods and communities in Miami that are unknown jewels. It's up to you to find them and your tribe. If you're looking for a cultural explosion, you'll find it here.

Hector • 1+ years in Miami

April 3, 2025

Its expensive to live here, but worth the cost. Lots of great Cuban food and vibe everywhere. Its overcrowded, but its nice here.

Frequently Asked Questions about Cheap Miami Apartments

What is the Cheapest Studio apartment in Miami?

Currently the most affordable Cheap Studio Apartment in Miami is at 1540 NW 1st Ct listed at $1,150.

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

The lowest price for a Cheap One Bedroom Miami Apartment is $746 at Santa Clara I.

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

Today's best deal for a Cheap Two Bedroom Apartment in Miami is starting from $903 at Santa Clara I.

What is the most affordable Miami Three Bedroom Apartment?

The best deal on a cheap Miami Three Bedroom Apartment rental is at Santa Clara II and starts from $840.

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.

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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.

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Where to Live in Miami When You're Not a Tourist

Written by: Allaire Williams

Let's be real - most Miami guides are written for people who think living here means South Beach penthouses and rooftop parties every night. But if you're moving here for work (not Instagram content), you need the real deal.

Articles, How-To's, and Tips

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.