
Cheap Apartments for Rent in the Miami Riverwalk Neighborhood of Miami, FL from $700 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in the Miami Riverwalk area of Miami.


856 SW 6th St

467 NW 8th St

542 NW 8th St

501 SW 6th Ct

365 NW 8th St

740 SW 7th St

629 SW 2nd 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.

350 SW 15th Rd

421 SW 6th St

534 SW 6th Ct

555 SW 7th St

921 SW 7th St

769 NW 10th St

734 SW 4th St

459 SW 4th St
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.

751 SW 10th St

Grand Station

891 SW 5th St

840 SW 7th St
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.
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Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Miami's Best Affordable Neighborhoods
Learn about Miami and the best places to live with original content written by our Miami, FL Local Expert Kelly Reising
Miami Riverwalk, Miami, FL Local Guide

How much does it cost to rent an apartment in Miami Riverwalk?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Miami Riverwalk Studio Apartments | $2,778 | $1,450 | $6,730 |
Miami Riverwalk 1 Bedroom Apartments | $3,322 | $800 | $8,070 |
Miami Riverwalk 2 Bedroom Apartments | $4,193 | $1,333 | $10,000+ |
Miami Riverwalk 3 Bedroom Apartments | $5,403 | $2,890 | $10,000+ |
Miami Riverwalk 4 Bedroom Apartments | $6,634 | $3,285 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 52 rentals with your search options within a 1 mile radius of the Miami Riverwalk Neighborhood of Miami, FL.
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Miami Riverwalk, Miami, FL Local Guide
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Cheapest Available Miami Riverwalk Apartments for Rent
 The cheapest available apartment rental in the Miami Riverwalk area of Miami, FL is a 2 Beds unit found at Sawyer’s Walk priced from $1,333. 15 PLEX Property has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,550. Here are the most affordable Miami Riverwalk apartments for rent in Miami, FL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Sawyer’s Walk | Two Bedroom | 2BR,2BA | $1,333 |
15 PLEX Property | 1BR/1.0BA | 1BR,1BA | $1,550 |
909 NW 5th St | 1x1 | 1BR,1BA | $1,850 |
600 SW 9 AVE | 1BR/1.0BA | 1BR,1BA | $1,980 |
Downtown 5th | One Bedroom/One Bath | 1BR,1BA | $2,050 |
Arte Grand Central | 0x1 - 480sqft - S14 | Studio,1BA | $2,095 |
627-Vista Del Rio | Premium 1-1 | 1BR,1BA | $2,100 |
Ram Miami River South Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $2,120 |
The Vibe Miami | A1.3 | 1BR,1BA | $2,197 |
Best Value Apartments for Rent in Miami Riverwalk, FL
As of June 19, 2025 the best value apartment in the Miami Riverwalk 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 Riverwalk apartment is the B1 Model at Brickell West City Rentals starting at $3,552 with a $2.52 price per square foot in the Miami Riverwalk neighborhood. Here is today’s list of the best values for Miami Riverwalk apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
740 SW 9th St, Unit 1 | 740 SW 9th St | 1BR,1BA | $1.52 |
Brickell West City Rentals | B1 | 2BR,2BA | $2.52 |
999 Brickell Bay Dr, Unit 1510 | 999 Brickell Bay Dr | 2BR,2BA | $2.46 |
44 W Flagler St, Unit D 3007 | 44 W Flagler St | 2BR,2BA | $2.86 |
1019 SW 5th Ave, Unit B3 | 1019 SW 5th Ave | 2BR,2BA | $2.90 |
41 SE 5th St, Unit 1206 | 41 SE 5th St | 1BR,1.5BA | $2.86 |
Sawyer’s Walk | Two Bedroom | 2BR,2BA | $1.33 |
751 NW 10th St, Unit A4 | 751 NW 10th St | 2BR,2BA | $2.88 |
Otto - Co-Living Apartments | Private Room in Three Bed Three Bath | 1BR,1BA | $1.63 |
Aerie - Co-Living Apartments | Private Bedroom in Shared 2Bd Apartment | 1BR,1BA | $1.67 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleMiami Riverwalk, Miami, FL
Ranked #58
Among neighborhoods in Miami, FL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Miami Riverwalk, Miami, FL
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving.com is happy to bring you Lifestyle Ratings of rentals in areas across the United States and customized analysis for Eastern Miami, FL. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, pet-friendly features, places to raise kids, proximity to transit, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Miami Riverwalk Apartments
What is a cheap apartment in Miami Riverwalk?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Miami Riverwalk is under $2,197.
What is the price of a cheap apartment in Miami Riverwalk?
The cheapest apartment in Miami Riverwalk is 15 PLEX Property which is listed at $1,550, while the average apartment in Miami Riverwalk costs $5,989.
What types of apartments are the cheapest in Miami Riverwalk?
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 Miami Riverwalk 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 Riverwalk?
Cheap apartments in Miami Riverwalk have an average cost of $173 which is $5,816 cheaper than the average rent for all rentals in Miami Riverwalk.
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.

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.

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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.