Cheap Apartments for Rent in the Miami River Neighborhood of Miami, FL from $300 (102 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Miami River area of Miami.

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.

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.

property at 1762 NW 15th St

$1,700 - $3,200

1 To 2 Bedroom Rentals

Available Now

1762 NW 15th St

MiamiFL33125

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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959 SW 5th St
Studio to 3 Bedroom Apartments

959 SW 5th St

959 SW 5th StMiami, FL 33130
  • Utilities Included

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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LBM Apartments
Studio to 2 Bedroom Apartments

LBM Apartments

1362 SW 2nd StMiami, FL 33135
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River Landing Apartments
Studio to 2 Bedroom Apartments

River Landing Apartments

1600 NW North River DrMiami, FL 33125
  • Utilities Included
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1255 SW 6 Street
Studio to 1 Bedroom Apartments

1255 SW 6 Street

1255 SW 6th StMiami, FL 33135
  • Utilities Included
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1012 SW 4th St
1 Bedroom Apartments

1012 SW 4th St

1012 SW 4th StMiami, FL 33130
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Temple Court
Studio to 1 Bedroom Apartments

Temple Court

431-453 NW 3rd StMiami, FL 33128
Senior Living
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Labre Place
Studio to 1 Bedroom Apartments

Labre Place

350 NW 4th StMiami, FL 33128
  • Utilities Included
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850 SW 3rd St
1 Bedroom Apartments

850 SW 3rd St

850 SW 3rd StMiami, FL 33130

Where to Live in Miami When You're Not a Tourist: A Miami Expert's Guide to the Top Neighborhoods Near Major Employers

Moving to Miami for work? Skip South Beach. Get the insider's guide to the best non-touristy neighborhoods, short commutes, and traffic-beating shortcuts for professionals.

Cheapest Available Miami River Apartments for Rent

 

The cheapest available apartment rental in the Miami River area of Miami, FL is a 3 Beds unit found at Courtside Apartments II priced from $933. Plum Apartments has the second lowest priced unit, which is a 3 Beds apartment currently listed from $1,150. Here are the most affordable Miami River apartments for rent in Miami, FL:

Apartment ListingModel NameBed/BathPriced From
Courtside Apartments II3 Bedroom 2 Bath3BR,2BA$933
Plum Apartments3/33BR,3BA$1,150
Saffron Apartments (Furnished Rooms)Private Bed/Bath in Shared 2Bed/2Bath1BR,1BA$1,250
Aerie Apartments3/33BR,3BA$1,250
Father Marquess - Barry Apartments1/1 Bedroom1BR,1BA$1,274
1050 NW 2nd StreetStudioStudio,1BA$1,295
Pastel Apartments3/33BR,3BA$1,325
Paseo Del Rio1 Bed 1 Bath1BR,1BA$1,391
Miami CentralMC-A1BR,1BA$1,399
Miami Central ApartmentsMC-A1BR,1BA$1,399

Best Value Apartments for Rent in Miami River, FL

As of May 18, 2026 the best value apartment in the Miami River area is the $2.14 price per square foot 2 Bedroom 2 Bath Model at Courtside Apartments II in the in the Miami River neighborhood starting from $2,050. The second greatest value Miami River apartment is the 2 Bedroom Model at Santa Clara II starting at $1,582 with a $1.78 price per square foot in the Miami River neighborhood. Here is today’s list of the best values for Miami River apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Courtside Apartments II2 Bedroom 2 Bath2BR,2BA$2.14
Santa Clara II2 Bedroom2BR,2BA$1.78
221 SW 9th Ave, Unit 2221 SW 9th Ave2BR,1BA$2.41
1560 NW 15th Street RdLoft One Bedroom1BR,1BA$2.13
Aerie Apartments3/33BR,3BA$1.67
Plum Apartments3/33BR,3BA$1.53
Manhattan IIMC-A1BR,1BA$1.90
Father Marquess - Barry Apartments1/1 Bedroom1BR,1BA$1.79
Saffron Apartments (Furnished Rooms)Private Bed/Bath in Shared 2Bed/2Bath1BR,1BA$1.92
Miami Station1 Bedroom/1 Bath1BR,1BA$2.50

Frequently Asked Questions about Cheap Miami River Apartments

What is a cheap apartment in Miami River?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Miami River is under $1,399.

What is the price of a cheap apartment in Miami River?

The cheapest apartment in Miami River is Saffron Apartments (Furnished Rooms) which is listed at $1,250, while the average apartment in Miami River costs $4,800.

What types of apartments are the cheapest in Miami River?

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 38 regular apartments in Miami River 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 River?

Cheap apartments in Miami River have an average cost of $1,548 which is $3,252 cheaper than the average rent for all rentals in Miami River.

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

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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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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.

decorative image for Miami Unfiltered: A Born-and-Raised Guide to Where Locals Love to Live   article

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.

decorative image for Where to Live in Miami When You're Not a Tourist article

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

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.