
Cheap Homes for Rent in Miami, FL from $700 (563 Rentals)
Search the lowest-cost Homes available for rent right now in Miami.


1871 NE 158th St

7573 NW 12th Ct

13631 SW 136th Pl

1001 NW 202nd St

350 W 34th St

19001 NE 14th Ave

900 NE 195th St, Unit Chantilly 217

605 SW 24th Ave

570 SW 72nd Ct
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.

6922 Bay Dr

10935 SW 217th Terrace

4419 NW 17th Ave

9252 SW 136th Street Cir, Unit 1

14653 SW 145th Ter

19609 SW 339th Ter

1331 SW 129th Ave

4521 SW 5th Terrace

913 NW 46th St

13008 SW 50th Ln
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.

448 NE 210th Cir Terrace

347 NE 110th St

13326 SW 61st Terrace

1085 NW 191st St

546 SW 1st St, Unit 607

4800 NW 18th Ave

5807 SW 41st St

1590 NW 123rd St

560 SE 6th St

585 NW 117th St
Miami Unfiltered: A Born-and-Raised Local Experts Guide to Where Locals Love to Live
Miami is huge! Explore the best places to live, from booming Miami Gardens and North Miami to trendy Brickell and Little Havana, with a true local's expert advice.

1680 NE 157th Ter

5410 NW 13th Ave

2730 NW 44th St

561 E 62nd St

582 E 18th St

3010 NW 95th Terrace, Unit B

6140 SW 156th Ct

582 E 18th St

8132 Harding Ave

7300 Byron Ave
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.

270 NE 191st St

18707 NE 2nd Ave

2005 Sans Souci Blvd

1021 NW 3rd St

1805 Sans Souci Blvd

103xx SW 168th St

4301 NW S Tamiami Canal Dr

47 NW 49th St

195 NW 135th St

680 NE 88th Terrace
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Miami, FL Local Guide

How much does it cost to rent a home in Miami?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Miami 2 Bedroom Homes for Rent | $4,505 | $1,200 | $10,000+ |
| Miami 3 Bedroom Homes for Rent | $6,631 | $1,195 | $10,000+ |
| Miami 4 Bedroom Homes for Rent | $9,763 | $950 | $10,000+ |
| Miami 5 Bedroom Homes for Rent | $19,365 | $1,199 | $10,000+ |
| Miami 6 Bedroom Homes for Rent | $31,726 | $3,720 | $10,000+ |
| Miami 7 Bedroom Homes for Rent | $38,850 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Miami
Explore Miami
Miami, FL Local Guide
- Miami Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Apartments in Miami, FL
Pricing Updated: 03/16/2026Current apartment rentals in the Miami, FL area range in price from $469 to $50,000 with an overall median price of $7,942. The three Miami neighborhoods with the lowest median rent pricing are Opa-Locka at $900, Biscayne South at $1,050, and Rosedale Park at $1,000. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Miami Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Opa-Locka | $1,750 | $900 | 2 |
| Biscayne South | $2,142 | $1,050 | 57 |
| Rosedale Park | $2,150 | $1,000 | 17 |
| Trojan Park | $2,200 | $1,500 | 10 |
| Southern Estates | $2,334 | $1,010 | 34 |
| University Park | $2,344 | $1,010 | 8 |
| Martinique | $2,500 | $533 | 13 |
| Miramar Isles | $2,500 | $1,200 | 4 |
| Miramar Park | $2,500 | $1,250 | 9 |
| Sunset Westchester | $2,600 | $1,200 | 10 |
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 $673. Ram Miami River South Apartments in the Miami Riverwalk neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $813. Here is today’s list of the most affordable Miami apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Santa Clara I | 1 Bedroom | 1BR,1BA | $673 |
| Ram Miami River South Apartments | Studio, 1 Bathroom | Studio,1BA | $813 |
| 4th Street Commons | 4x4 Pool View | 4BR,4BA | $1,079 |
| Cutler Vista | Senior Apartment | 1BR,1BA | $1,091 |
| Sharazad | 0BR/1.0BA | Studio,1BA | $1,150 |
| Plum Apartments | 3/3 | 3BR,3BA | $1,150 |
| 1718 NW 2nd Ct | 1 bedroom | 1BR,1BA | $1,195 |
Best Value Apartments for Rent in Miami, FL
As of March 16, 2026 the best value apartment in the Miami area is the $0.20 price per square foot 1 bedroom Model at 1718 NW 2nd Ct in the in the Downtown Miami neighborhood starting from $1,195. The second greatest value Miami apartment is the 1736 SW 9th St Model at 1736 SW 9th St, Unit 1738 starting at $3,000 with a $0.78 price per square foot in the East Little Havana neighborhood. Here is today’s list of the best values for Miami apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1718 NW 2nd Ct | 1 bedroom | 1BR,1BA | $0.20 |
| 1736 SW 9th St, Unit 1738 | 1736 SW 9th St | 3BR,1BA | $0.78 |
| 186 NW 13th St, Unit B2 | 186 NW 13th St | 2BR,2BA | $1.53 |
| 45 NW 48th St, Unit 3 | 45 NW 48th St | Studio ,1BA | $0.82 |
| 4th Street Commons | 4x4 Pool View | 4BR,4BA | $0.81 |
| Casa Mariana | 1/1 | 1BR,1BA | $1.20 |
| Sawyer’s Walk | Two Bedroom | 2BR,2BA | $1.33 |
| Father Marquess - Barry Apartments | 2/2 Bedroom | 2BR,2BA | $1.56 |
| Plum Apartments | 3/3 | 3BR,3BA | $1.53 |
| Santa Clara I | 1 Bedroom | 1BR,1BA | $1.11 |
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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleStudent 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
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Miami, FL Rentals by Map
See the most popular apartments and homes in Miami, FL
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 Miami
What type of rentals are currently available in Miami?
There are currently 13573 Apartments for Rent in Miami, FL with pricing that ranges from $469 to $50,000. There are also 6954 Single Family Homes for rent, Condos, and Townhome rentals currently available in Miami ranging from $750 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 $750 to $100,000 with an average monthly rent of $28,560.
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 $1,070 to $30,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,195 to $67,500. Four Bedroom Single-Family rentals are also available starting from $950 and Four Bedroom Apartments start at $1,070.
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.
Articles, How-To's, and Tips

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.