Cheap Apartments for Rent in the Miami Riverwalk Neighborhood of Miami, FL from $700 (71 Rentals)

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

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.

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property at 365 NW 8th St

$1,600 - $2,000

1 To 2 Bedroom Rentals

Available Now

365 NW 8th St

MiamiFL33136

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 458 SW 9th St

$1,800 - $2,200

1 To 2 Bedroom Rentals

Available Now

458 SW 9th St

MiamiFL33130

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.

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property at 445 SW 11th St

$1,980 - $2,100

1 Bedroom Rentals

Available Now

445 SW 11th St

MiamiFL33130

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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2211 SW 3rd Ave
Studio to 1 Bedroom Apartments

2211 SW 3rd Ave

2211 SW 3rd AveMiami, FL 33129
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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
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850 SW 3rd St
1 Bedroom Apartments

850 SW 3rd St

850 SW 3rd StMiami, FL 33130
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540 NW 7th St
Studio to 2 Bedroom Apartments

540 NW 7th St

540 NW 7th StMiami, FL 33136
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West Brickell Tower
1 to 2 Bedroom Apartments

West Brickell Tower

1026 SW 2nd AveMiami, FL 33130
Senior Living
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Brickell Roads
1 Bedroom Apartments

Brickell Roads

1228 SW 3rd AveMiami, FL 33130
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City Crossings
1 to 3 Bedroom Apartments

City Crossings

230-250 SW 12th StMiami, FL 33130

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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Showing Results 1-50, Page 1 of 2

Miami Riverwalk, Miami, FL Local Guide

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. 930 SW 6 St has the second lowest priced unit, which is a Studio apartment currently listed from $1,380. Here are the most affordable Miami Riverwalk apartments for rent in Miami, FL:

Apartment ListingModel NameBed/BathPriced From
Sawyer’s WalkTwo Bedroom2BR,2BA$1,333
930 SW 6 St0BR/1.0BAStudio,1BA$1,380
15 PLEX Property1BR/1.0BA1BR,1BA$1,475
Miami Central1 Bedroom 5601BR,1BA$1,499
542 SW 3rd StStudioStudio,1BA$1,600
Studios on 3rdFStudio,1BA$1,700
650 SW 1st StDStudio,1BA$1,892
East River Living – Elevated in Little Havana.0 Bedroom 1 BathroomStudio,1BA$1,979

Best Value Apartments for Rent in Miami Riverwalk, FL

As of January 07, 2026 the best value apartment in the Miami Riverwalk area is the $2.65 price per square foot 44 W Flagler St Model at 44 W Flagler St, Unit D 3007 in the in the Miami Riverwalk neighborhood starting from $3,150. The second greatest value Miami Riverwalk apartment is the Two Bedroom Model at Sawyer’s Walk starting at $1,333 with a $1.33 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 ListingModel NameBed/BathPrice Per Sq.Ft.
44 W Flagler St, Unit D 300744 W Flagler St2BR,2BA$2.65
Sawyer’s WalkTwo Bedroom2BR,2BA$1.33
528 SW 6th St2 Bedroom 1 Bathroom2BR,1BA$2.15
Brickell West City RentalsA21BR,1BA$2.64
Otto ApartmentsPrivate Room in Two Bed Two Bath1BR,1BA$1.80
858-866 NW 3rd St2BD/1BA2BR,1BA$2.80
Ram Miami River South Apartments1 Bedroom, 1 Bathroom1BR,1BA$2.85
520 SW 5th Ave, Unit A520 SW 5th Ave1BR,1BA$2.81
546 SW 1st St, Unit 501546 SW 1st St1BR,1BA$2.75
Aerie ApartmentsPrivate Bedroom in Shared 2Bd Apartment1BR,1BA$2.02

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.

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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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Student 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

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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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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 $1,979.

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 $1,475, while the average apartment in Miami Riverwalk costs $9,456.

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 32 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 $272 which is $9,184 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

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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.

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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

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!