Cheap New Apartments for Rent in Miami, FL from $300 (54 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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Superior Manor II
Built in 20241 to 3 Bedroom Apartments

Superior Manor II

2349 NW 51st StMiami, FL 33142
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Southpointe Vista I
Built in 20251 to 3 Bedroom Apartments

Southpointe Vista I

21250 SW 117th AveMiami, FL 33177

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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4332 W Flagler St
Built in 2017Studio to 2 Bedroom Apartments

4332 W Flagler St

4332 W Flagler StMiami, FL 33134
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Pinnacle Heights
Built in 20171 to 3 Bedroom Apartments

Pinnacle Heights

3530 NW 36th StMiami, FL 33142
  • Utilities Included
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St. John Plaza
Built in 2020Studio to 3 Bedroom Apartments

St. John Plaza

1301 NW 3rd AveMiami, FL 33136
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Allapattah Place
Built in 20171 Bedroom Apartments

Allapattah Place

3138-3178 NW 22nd AveMiami, FL 33142
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Tropic Terrace
Built in 20201 to 3 Bedroom Apartments

Tropic Terrace

3722 NW 20th AveMiami, FL 33142
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Oasis at Aventura
Built in 20251 Bedroom Apartments

Oasis at Aventura

18700 NE 25th AveMiami, FL 33180
Senior Living
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Miami Stadium Apartments
Built in 20241 to 3 Bedroom Apartments

Miami Stadium Apartments

2320 NW 8th AveMiami, FL 33127
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Slate Miami Apartments
Built in 20231 to 2 Bedroom Apartments

Slate Miami Apartments

2137 NW 36th StMiami, FL 33142
Senior Living
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SILVER CREEK
Built in 20201 to 2 Bedroom Apartments

SILVER CREEK

11855 SW 216th StMiami, FL 33170
  • Utilities Included

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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Allapattah Trace
Built in 20161 to 2 Bedroom Apartments

Allapattah Trace

3401-3435 NW 17th AveMiami, FL 33142
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Hudson Village
Built in 20221 to 2 Bedroom Apartments

Hudson Village

901 S Federal HwyHollywood, FL 33020

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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Pinnacle 441
Built in 20241 to 3 Bedroom Apartments

Pinnacle 441

890 N State Road 7Hollywood, FL 33021
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Pinnacle at Peacefield
Built in 20201 to 2 Bedroom Apartments

Pinnacle at Peacefield

2314 Adams StHollywood, FL 33020
Senior Living
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Cabana
Built in 2022Studio to 1 Bedroom Apartments

Cabana

508 W 1st AveHialeah, FL 33010
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La Joya Estates
Built in 20181 to 3 Bedroom Apartments

La Joya Estates

14261 SW 267th StNaranja, FL 33032
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Orchid Estates
Built in 20171 to 3 Bedroom Apartments

Orchid Estates

26400 SW 147th AveHomestead, FL 33032
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Windmill Farms
Built in 20241 to 3 Bedroom Apartments

Windmill Farms

12871 SW 242nd StHomestead, FL 33032
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Fair Oaks
Built in 20211 to 2 Bedroom Apartments

Fair Oaks

29003 S Dixie HwyHomestead, FL 33033
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Princeton Park
Built in 20181 to 3 Bedroom Apartments

Princeton Park

13113 SW 248th StHomestead, FL 33032
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Ronnys Place
Built in 20211 Bedroom Apartments

Ronnys Place

4260 Palm AveHialeah, FL 33012
  • Utilities Included

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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Miami, FL Local Guide

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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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
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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 a cheap apartment in Miami?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Miami is under $1,200.

What is the price of a cheap apartment in Miami?

The cheapest apartment in Miami is New Arena Square Apartments which is listed at $950, while the average apartment in Miami costs $8,484.

What types of apartments are the cheapest in Miami?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 9,151 regular apartments in Miami that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Miami?

Cheap apartments in Miami have an average cost of $887 which is $7,597 cheaper than the average rent for all rentals in Miami.

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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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.

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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.

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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.