
Cheap Apartments for Rent in the Miami Riverwalk Neighborhood of Miami, FL from $700 (209 Rentals)
Search the lowest-cost Apartments available for rent right now in the Miami Riverwalk area of Miami.


Aerie Apartments

Otto Apartments

Miami Central

201 NW 7th St, Unit #202, Unit #202

Miami Station

Iroquois

1200 Brickell Bay Dr, Unit 2803, Unit 2803

Culmer Place

Grand Station
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.

479 SW 3rd St

650 SW 1st St

542 SW 3rd St

777 NW 1st St, Unit 1103, Unit 1103

940 SW 4th Ave

Avenu Heights

418 NW 8th St, Unit B3, Unit B3

450 SW 3rd St, Unit 1, Unit 1

413 NW 6th St, Unit A, Unit A

Atlantic Square
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.

Arte Grand Central

141 NE 2nd St, Unit 900

Total Monthly Price
132 SW 9th St, Unit 106, Unit 106

Total Monthly Price
910 SW 4th Ave, Unit 3, Unit 3

101 E Flagler St, Unit 707, Unit 707

891 SW 5th St

234 NE 3rd St, Unit 705, Unit 705

427 SW 6th St

36 NE 1st St, Unit 1720, Unit 1720

Park Place by the Bay
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.

Total Monthly Price
221 SW 9th Ave, Unit Unit 2, Unit Unit 2

Downtown 5th

Sawyer’s Walk

221 SW 9th Ave

Vista del Rio

Ram Miami River South Apartments

Total Monthly Price
212 SW 5th Ave, Unit S1, Unit S1

Total Monthly Price
The Vibe Miami

133 NE 2nd Ave, Unit 210, Unit 210

133 NE 2nd Ave, Unit 1710, Unit 1710
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151 SE 1st St, Unit 2404, Unit 2404

Total Monthly Price
SOMA at Brickell

845 NW 3rd St

445 SW 11th St

528 SW 6th St

Riverview One Apartments

Brickell West City Rentals

133 NE 2nd Ave, Unit 301, Unit 301

32 SW 1st St

133 NE 2nd Ave, Unit 1215, Unit 1215
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.
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 | $2,623 | $1,666 | $7,287 |
| Miami Riverwalk 1 Bedroom Apartments | $3,502 | $1,146 | $10,000+ |
| Miami Riverwalk 2 Bedroom Apartments | $4,342 | $1,354 | $10,000+ |
| Miami Riverwalk 3 Bedroom Apartments | $6,195 | $1,250 | $10,000+ |
| Miami Riverwalk 4 Bedroom Apartments | $11,412 | $6,019 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 209 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 Aerie Apartments priced from $1,250. Manhattan II has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,399. Here are the most affordable Miami Riverwalk apartments for rent in Miami, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Aerie Apartments | 3/3 | 3BR,3BA | $1,250 |
| Manhattan II | MC-A | 1BR,1BA | $1,399 |
| 448-458 NW 7th St | MC-A | 1BR,1BA | $1,399 |
| Miami Central | MC-A | 1BR,1BA | $1,399 |
| Miami Central Apartments | MC-A | 1BR,1BA | $1,399 |
| Miami Station | 1 Bedroom/1 Bath | 1BR,1BA | $1,500 |
| 600 SW 9 AVE | Little Havana (East Little Havana) | 1/1 | 1BR,1BA | $1,750 |
| Iroquois | 2 Bed x 1 Bath | 2BR,1BA | $1,750 |
| 650 SW 1st St | D | Studio,1BA | $1,777 |
| 542 SW 3rd St | Studio | Studio,1BA | $1,800 |
Best Value Apartments for Rent in Miami Riverwalk, FL
As of May 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 |
| 931 NW 1st St, Unit 1 | 931 NW 1st St | 2BR,2BA | $2.18 |
| Brickell West City Rentals | A2 | 1BR,1BA | $2.63 |
| 221 SW 9th Ave, Unit 2 | 221 SW 9th Ave | 2BR,1BA | $2.41 |
| Aerie Apartments | 3/3 | 3BR,3BA | $1.67 |
| Manhattan II | MC-A | 1BR,1BA | $1.90 |
| Iroquois | 2 Bed x 1 Bath | 2BR,1BA | $2.50 |
| 600 SW 9 AVE | Little Havana (East Little Havana) | 1/1 | 1BR,1BA | $2.80 |
| Miami Station | 1 Bedroom/1 Bath | 1BR,1BA | $2.50 |
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 the Cheapest Studio apartment in Miami Riverwalk?
Currently the most affordable Cheap Studio Apartment in Miami Riverwalk is at 650 SW 1st St listed at $1,777.
How much is rent for a Cheap One Bedroom Miami Riverwalk Apartment?
The lowest price for a Cheap One Bedroom Miami Riverwalk Apartment is $1,399 at Miami Central.
What is the lowest price for a Cheap Two Bedroom Miami Riverwalk Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Miami Riverwalk is starting from $1,750 at Iroquois.
What is the most affordable Miami Riverwalk Three Bedroom Apartment?
The best deal on a cheap Miami Riverwalk Three Bedroom Apartment rental is at Aerie Apartments and starts from $1,250.
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
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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.

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

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.

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.

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.

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.