
Cheap Apartments for Rent in the Coral Way Neighborhood of Miami, FL from $900 (101 Rentals)
Search the lowest-cost Apartments available for rent right now in the Coral Way area of Miami.


3180 SW 6th St

2481 SW 11th St

2520 SW 20th St

1112 SW 11th St

2368 SW 21st St

730 SW 10th St

2723 SW 13th St

1037 SW 20th Ave

820 SW 31st Ave
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.

2059 SW 7th St

2052 SW 7th St

The Beekman

Gibraltar Apartments

940 SW 4th Ave

1821 SW 7th St

3113 SW 14th St

2498 SW 17th Ave

3360 SW 6th St

Total Monthly Price
2268 SW 8th St, Unit 1
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.

2012 SW 24th St

2453 SW 17th St

2436 SW 7th St

2736 SW 22nd St

2732 SW 22nd St

Total Monthly Price
700 SW 11th Ave, Unit SI FL1-ID1022482P

Total Monthly Price
700 SW 11th Ave, Unit SI FL1-ID1022470P

1895 SW 22nd St

2951 SW 23rd St

2820 SW 13th St
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.

Total Monthly Price
910 SW 4th Ave, Unit 3

1901 SW 9th St

3118 SW 22nd Ter

700 SW 11th Ave

445 SW 11th St

1419 SW 22nd Ave

115 SW 11th St, Unit 605

1601 Coral Gate

Intown Apartments

1860 SW 22nd St
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.

2272 SW 8th St

2160 SW 17th St

1140 SW 9th St

Legacy at Brickell

Total Monthly Price
Altis Little Havana Apartments

980 SW 10th St

2201 Brickell Ave, Unit 61

2701 SW 3rd Ave, Unit 302

2809 SW 23rd Terrace

Total Monthly Price
1323 SW 22nd Ave, Unit SI ID1407045P
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.
Coral Way, Miami, FL Local Guide

How much does it cost to rent an apartment in Coral Way?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Coral Way Studio Apartments | $2,299 | $1,099 | $3,530 |
| Coral Way 1 Bedroom Apartments | $2,761 | $1,450 | $5,113 |
| Coral Way 2 Bedroom Apartments | $3,524 | $1,850 | $10,000+ |
| Coral Way 3 Bedroom Apartments | $4,405 | $2,600 | $9,719 |
| Coral Way 4 Bedroom Apartments | $5,800 | $5,100 | $6,500 |
Browse Apartments in this Neighborhood
There are currently 101 rentals with your search options within a 2 mile radius of the Coral Way Neighborhood of Miami, FL.
See all Apartments in MiamiExplore Miami
Cheapest Available Coral Way Apartments for Rent
 The cheapest available apartment rental in the Coral Way area of Miami, FL is a 1 Bed unit found at Shenandoah Arms priced from $1,600. Gibraltar Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,750. Here are the most affordable Coral Way apartments for rent in Miami, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Shenandoah Arms | 1 Bed, 1 bath | 1BR,1BA | $1,600 |
| Gibraltar Apartments | STUDIO | Studio,1BA | $1,750 |
| 2012 SW 24th St | 2 Bed 1 Bath | 2BR,1BA | $1,900 |
| 3162-3170 SW 16th St | 1/1 | 1BR,1BA | $1,980 |
| 1410 SW 37th Ave | 1/1 | 1BR,1BA | $2,030 |
| Intown Apartments | A | 1BR,1BA | $2,250 |
| Altis Little Havana Apartments | Dazzle | 1BR,1BA | $2,300 |
| SOMA at Brickell | Warhol | Studio,1BA | $2,378 |
Best Value Apartments for Rent in Coral Way, FL
As of July 05, 2026 the best value apartment in the Coral Way 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 Coral Way apartment is the 740 SW 9th St Model at 740 SW 9th St, Unit 1 starting at $3,500 with a $1.52 price per square foot in the Miami Riverwalk neighborhood. Here is today’s list of the best values for Coral Way apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1736 SW 9th St, Unit 1738 | 1736 SW 9th St | 3BR,1BA | $0.68 |
| 740 SW 9th St, Unit 1 | 740 SW 9th St | 1BR,1BA | $1.52 |
| 1165 SW 12th St, Unit 1165 | 1165 SW 12th St | 2BR,1BA | $1.77 |
| 2266 SW 8th St, Unit 2266 | 2266 SW 8th St | 1BR,1BA | $2.61 |
| Gables 37 Grand | Unit B | 2BR,2BA | $2.97 |
| 1721 SW 13th St, Unit 2 | 1721 SW 13th St | 2BR,1BA | $2.80 |
| 1601 Coral Gate | 2 Bedrooms, 2 Bathrooms | 2BR,2BA | $3.30 |
| 1401 SW 22nd St, Unit Coral Sea View -Unit 1003 | 1401 SW 22nd St | 1BR,1BA | $2.85 |
| 2268 SW 8th St, Unit 1 | 2268 SW 8th St | 1BR,1BA | $2.53 |
| 910 SW 4th Ave, Unit 3 | 910 SW 4th Ave | 2BR,1BA | $2.86 |
Frequently Asked Questions about Cheap Coral Way Apartments
What is a cheap apartment in Coral Way?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Coral Way is under $2,378.
What is the price of a cheap apartment in Coral Way?
The cheapest apartment in Coral Way is Shenandoah Arms which is listed at $1,600, while the average apartment in Coral Way costs $16,074.
What types of apartments are the cheapest in Coral Way?
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 8 regular apartments in Coral Way 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 Coral Way?
Cheap apartments in Coral Way have an average cost of $350 which is $15,724 cheaper than the average rent for all rentals in Coral Way.
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

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.

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.

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.

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

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.

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.

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.

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.