
Cheap Apartments for Rent in the Miami Riverwalk Neighborhood of Miami, FL from $723 (178 Rentals)
Search the lowest-cost Apartments available for rent right now in the Miami Riverwalk area of Miami.


Aerie Apartments

1300 S Miami Ave, Unit 1207

Gallery on the River

940 SW 4th St

Miami Central

Miami Station

453 SW 19th Rd

730 SW 10th St

529 SW 3rd St
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Searching for apartments in South Florida? Go beyond Miami with our local expert guide to Fort Lauderdale, Hollywood, Doral, and more. Compare options to find your fit.

Total Monthly Price
240 NW 8th Ave, Unit 2

Iroquois

Total Monthly Price
Villa Sonia

542 SW 3rd St

320 SW 4th Ave

Culmer Place

444-542 SW 3rd St

Grand Station

600 SW 9th Ave

125 NW 7th Ave
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361 SW 20th Rd

928 SW 3rd St

Ram Miami River South Apartments

Total Monthly Price
835 NW 3rd St, Unit 837

940 SW 4th Ave

636 SW 8th Ave

777 NW 1st St, Unit 1103

777 SW 9th Ave

Avenu Heights

650 SW 1st St
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.

Total Monthly Price
Villa Sara

101 E Flagler St, Unit 607

242 SW 4th Ave, Unit 1

427 SW 6th St

Total Monthly Price
910 SW 4th Ave

CMPND Miami

405 NW 6th St, Unit A

Atlantic Square

141 NE 2nd St, Unit 900

541 SW 7th 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.

546 SW 1st St

253 NE 2nd St

801 Brickell Bay Dr

891 SW 5th St

234 NE 3rd St, Unit 705

102 SW 6th Ave

36 NE 1st St, Unit 1720

Total Monthly Price
Arte Grand Central

Total Monthly Price
11 NE 6th St, Unit SI ID1439243P

Park Place by the Bay
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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 | $2,591 | $1,300 | $8,100 |
| Miami Riverwalk 1 Bedroom Apartments | $3,281 | $1,201 | $10,000+ |
| Miami Riverwalk 2 Bedroom Apartments | $4,350 | $1,750 | $10,000+ |
| Miami Riverwalk 3 Bedroom Apartments | $5,773 | $1,125 | $10,000+ |
| Miami Riverwalk 4 Bedroom Apartments | $10,378 | $5,250 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 178 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 3 Beds unit found at Otto Apartments priced from $1,125. Aerie Apartments has the second lowest priced unit, which is a 3 Beds apartment currently listed from $1,175. Here are the most affordable Miami Riverwalk apartments for rent in Miami, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Otto Apartments | 3/3 | 3BR,3BA | $1,125 |
| Aerie Apartments | 3/3 | 3BR,3BA | $1,175 |
| Miami Central | MC-A | 1BR,1BA | $1,375 |
| Miami Station | 1 Bedroom/1 Bath | 1BR,1BA | $1,375 |
| Miami Central Apartments | MC-A | 1BR,1BA | $1,375 |
| Manhattan II | MC-A | 1BR,1BA | $1,375 |
| 448-458 NW 7th St | MC-A | 1BR,1BA | $1,375 |
| 467-469 NW 8th St | 0BR/1.0BA | Studio,1BA | $1,399 |
| 15 PLEX Property | 1BR/1.0BA | 1BR,1BA | $1,500 |
Best Value Apartments for Rent in Miami Riverwalk, FL
As of August 25, 2026 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 2 Bedroom Model at 133 NE 2nd Ave Unit 3206 starting at $3,200 with a $2.55 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 |
| 133 NE 2nd Ave Unit 3206 | 2 Bedroom | 2BR,2BA | $2.55 |
| Brickell West City Rentals | B3 | 2BR,2BA | $2.31 |
| 835 NW 3rd St, Unit 837 | 835 NW 3rd St | 1BR,1BA | $1.80 |
| 409 SW 8th Ave | 409 SW - B - 02, 03, 06, 07, 10, 11, 15, 16 | 2BR,1BA | $2.17 |
| Manhattan II | MC-A | 1BR,1BA | $1.87 |
| Iroquois | 2 Bed x 1 Bath | 2BR,1BA | $2.50 |
| Otto Apartments | 3/3 | 3BR,3BA | $1.63 |
| Aerie Apartments | 3/3 | 3BR,3BA | $1.71 |
| Miami Station | 1 Bedroom/1 Bath | 1BR,1BA | $2.29 |
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 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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
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 $1,500.
What is the price of a cheap apartment in Miami Riverwalk?
The cheapest apartment in Miami Riverwalk is Miami Central which is listed at $1,375, while the average apartment in Miami Riverwalk costs $3,019.
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 63 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 $333 which is $2,686 cheaper than the average rent for all rentals in Miami Riverwalk.
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

Beyond Miami: Nearby Cities That Make Renting in South Florida Easier
Written by: Allaire Williams
Hello there! I'm Allaire, your ApartmentHomeLiving.com Local Expert for the Miami-Fort Lauderdale area.

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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.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.