Cheap Homes for Rent in Miami, FL from $300 (396 Rentals)

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property at 7305 NW 17th Ct

7305 NW 17th Ct

MiamiFL33147
property at 1021 NW 3rd St

1021 NW 3rd St

MiamiFL33128
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Miami, FL Local Guide

Cheapest Neighborhoods for Apartments in Miami, FL

Pricing Updated: 09/16/2025

Current apartment rentals in the Miami, FL area range in price from $533 to $50,000 with an overall median price of $7,655. The three Miami neighborhoods with the lowest median rent pricing are Opa-Locka at $1,170, Mitchell Lake at $1,000, and Miramar Isles at $1,250. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Miami Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Opa-Locka$1,920$1,1701
Mitchell Lake$2,000$1,0004
Miramar Isles$2,050$1,2506
Windward$2,137$1,2003
Driftwood$2,150$1,39517
Rosedale Park$2,200$1,10037
Trojan Park$2,200$2,2001
West Kendall$2,325$1,9004
Cakegrove$2,396$1,10022
Normandy Shores$2,400$1,5504

Cheapest Available Miami Apartments for Rent

 

The cheapest available apartment rental in Miami, FL is a 1 Bed unit found at Santa Clara II in the Miami River neighborhood priced from $628. Santa Clara I in the Miami River neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $676. Here is today’s list of the most affordable Miami apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Santa Clara II1 Bedroom1BR,1BA$628
Santa Clara I1 Bedroom1BR,1BA$676
Lucida ApartmentsTwo Bedrooms2BR,2BA$692
316 NE 3 St0BR/1.0BAStudio,1BA$995
4th Street Commons4x4 Pool View4BR,4BA$1,019
Coral TerraceStudioStudio,1BA$1,050
Cabana Club1 Bedroom1BR,1BA$1,095
Riverwalk I ApartmentsOne Bedroom1BR,1BA$1,109
1555 NE 129 ST NORTH MIAMI FLstudioStudio,1BA$1,150

Best Value Apartments for Rent in Miami, FL

As of September 16, 2025 the best value apartment in the Miami area is the $0.45 price per square foot 624 Westward Dr Model at 624 Westward Dr, Unit 624 Westward Dr in the in the Downtown Hialeah neighborhood starting from $4,500. The second greatest value Miami apartment is the 9710 SW 161st St Model at 9710 SW 161st St, Unit 2 starting at $2,900 with a $1.02 price per square foot in the Rockdale 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.
624 Westward Dr, Unit 624 Westward Dr624 Westward Dr3BR,2BA$0.45
9710 SW 161st St, Unit 29710 SW 161st St2BR,1BA$1.02
14750-14885 NE 7th Ave1473BR,2BA$1.30
1560 NW 25th Ave1560 NW 25th Ave3BR,1BA$1.42
1011 NW 195th St, Unit 41011 NW 195th St2BR,1BA$1.45
Sawyer’s WalkTwo Bedroom2BR,2BA$1.33
4th Street CommonsB5 2X22BR,2BA$1.42
3190 NW 135th St, Unit # 23190 NW 135th St1BR,1BA$1.35
Santa Clara II1 Bedroom1BR,1BA$1.03
Santa Clara I1 Bedroom1BR,1BA$1.11

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Location, Location, Location!

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Miami, FL Area Reviews

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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 Miami

What type of rentals are currently available in Miami?

There are currently 13600 Apartments for Rent in Miami, FL with pricing that ranges from $745 to $50,000. There are also 9069 Single Family Homes for rent, Condos, and Townhome rentals currently available in Miami ranging from $300 to $100,000.

What is the current price range for Rental Homes in Miami?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Miami ranges from $300 to $100,000 with an average monthly rent of $24,887.

How much are larger Three and Four Bedroom Rentals in Miami?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Miami range from $745 to $30,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $55,000. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $1,150.

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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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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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.