Cheap Homes for Rent in Miami, FL from $900 (868 Rentals)

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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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property at 7305 NW 17th Ct

7305 NW 17th Ct

MiamiFL33147

When Life Happens: Your Options for Ending a Rental Lease Early

Unexpected life events can force you to break your lease. Learn how to communicate with your landlord, negotiate a solution, and understand your legal options for early termination.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Miami, FL Local Guide

Cheapest Neighborhoods for Apartments in Miami, FL

Pricing Updated: 08/01/2025

Current apartment rentals in the Miami, FL area range in price from $532 to $60,000 with an overall median price of $7,501. The three Miami neighborhoods with the lowest median rent pricing are Mitchell Lake at $1,100, Trojan Park at $1,600, and Opa-Locka at $1,100. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Miami Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Mitchell Lake$1,925$1,1004
Trojan Park$2,000$1,60012
Opa-Locka$2,175$1,1003
Carole Anne Park$2,300$1,3001
Martinique$2,345$1,25015
Miramar Park$2,345$1,25015
441 Corridor$2,475$1,3007
Sunset Westchester$2,475$1,6002
Normandy Shores$2,500$1,5004
International Gardens$2,550$74544

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 $676. 316 NE 3 St in the Foster Road neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $995. Here is today’s list of the most affordable Miami apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Santa Clara I1 Bedroom1BR,1BA$676
316 NE 3 St0BR/1.0BAStudio,1BA$995
4th Street Commons4x4 Pool View4BR,4BA$999
Coral TerraceStudioStudio,1BA$1,050
Riverwalk I ApartmentsOne Bedroom1BR,1BA$1,109
1555 NE 129 ST NORTH MIAMI FLstudioStudio,1BA$1,150
250-252 NE 77th StStudioStudio,1BA$1,195
CabanaCabana1BR,1BA$1,195
Brownsville Village1 Bed 1 Bath Senior1BR,1BA$1,199

Best Value Apartments for Rent in Miami, FL

As of August 01, 2025 the best value apartment in the Miami area is the $1.52 price per square foot 740 SW 9th St Model at 740 SW 9th St, Unit 1 in the in the Miami Riverwalk neighborhood starting from $3,500. The second greatest value Miami apartment is the 147 Model at 14750-14885 NE 7th Ave starting at $3,000 with a $1.30 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.
740 SW 9th St, Unit 1740 SW 9th St1BR,1BA$1.52
14750-14885 NE 7th Ave1473BR,2BA$1.30
1255 NE 128th St, Unit 21255 NE 128th St2BR,2BA$1.23
186 NW 13th St, Unit B2186 NW 13th St2BR,2BA$1.53
House 57 - Student HousingHouse 574BR,4BA$1.59
Sawyer’s WalkTwo Bedroom2BR,2BA$1.33
Edison TerracesEdison Terraces I & II3BR,2BA$1.55
4th Street CommonsB3 2X22BR,2BA$1.59
Plum - Co-Living ApartmentsPrivate Bed/Bath in Shared 3Bed/3Bath1BR,1BA$1.57
Santa Clara I1 Bedroom1BR,1BA$1.11

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, 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 Miami

What type of rentals are currently available in Miami?

There are currently 13392 Apartments for Rent in Miami, FL with pricing that ranges from $532 to $50,000. There are also 9881 Single Family Homes for rent, Condos, and Townhome rentals currently available in Miami ranging from $900 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 $900 to $100,000 with an average monthly rent of $23,343.

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 $847 to $30,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $70,000. 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 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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.