Cheap Apartments for Rent in Miami, FL from $300 (564 Rentals)Page 6 of 12
Search the lowest-cost Apartments available for rent right now in Miami.
Miami, FL Local Guide

How much does it cost to rent an apartment in Miami?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Miami Studio Apartments | $2,454 | $1,000 | $6,870 |
Cheap Miami 1 Bedroom Apartments | $2,702 | $510 | $7,800 |
Cheap Miami 2 Bedroom Apartments | $3,278 | $567 | $10,000+ |
Cheap Miami 3 Bedroom Apartments | $4,182 | $619 | $10,000+ |
Cheap Miami 4 Bedroom Apartments | $4,843 | $1,150 | $10,000+ |
Miami 5 Bedroom Apartments | $14,501 | $1,160 | $10,000+ |
Miami 6 Bedroom Apartments | $2,800 | $2,800 | $2,800 |
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Getting Around Miami, FL
Walk Score®
71 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
59 / 100
Bikeable
Some bike infrastructure
Transit Score®
40 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Miami, FL Area Reviews
Allaire • 4+ years in Miami
May 6, 2025I'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, 2025Its 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 $1,195.
What is the price of a cheap apartment in Miami?
The cheapest apartment in Miami is Miami Stadium Apartments which is listed at $510, while the average apartment in Miami costs $7,436.
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 7,626 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 $1,131 which is $6,305 cheaper than the average rent for all rentals in Miami.
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.

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.

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.

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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.