Cheap Apartments for Rent in the Miami Riverwalk Neighborhood of Miami, FL from $700 (52 Rentals)

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

property at 365 NW 8th St

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.

property at 459 SW 4th St

459 SW 4th 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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858-866 NW 3rd St
1 Bedroom Apartments

858-866 NW 3rd St

858-866 NW 3rd StMiami, FL 33128
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2211 SW 3rd Ave
Studio Apartments

2211 SW 3rd Ave

2211 SW 3rd AveMiami, FL 33129
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Temple Court
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

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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540 NW 7th St
Studio to 2 Bedroom Apartments

540 NW 7th St

540 NW 7th StMiami, FL 33136
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City Crossings
1 to 3 Bedroom Apartments

City Crossings

230-250 SW 12th StMiami, FL 33130
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West Brickell View
1 to 2 Bedroom Apartments

West Brickell View

144 SW 8th StMiami, FL 33130
Senior Living
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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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Ser Piero
1 Bedroom Apartments

Ser Piero

651 SW 3rd StMiami, FL 33130

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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404 SW 6th St
2 Bedroom Apartments

404 SW 6th St

404 SW 6th StMiami, FL 33130
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930 SW 6 St
Studio Apartments

930 SW 6 St

930 SW 6th StMiami, FL 33130
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Beacon Apartments
2 to 3 Bedroom Apartments

Beacon Apartments

1000 NW 11th AveMiami, FL 33136
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ATM 501, LLC
1 to 2 Bedroom Apartments

ATM 501, LLC

501 SW 4th AveMiami, FL 33130
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542 NW 8th St
1 Bedroom Apartments

542 NW 8th St

542 NW 8th StMiami, FL 33136
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735 SW2 LLC
1 to 2 Bedroom Apartments

735 SW2 LLC

735 SW 2nd StMiami, FL 33130
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ATM 380, LLC
1 Bedroom Apartments

ATM 380, LLC

380 SW 4th StMiami, FL 33130
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244 Biscayne Blvd
Studio to 3 Bedroom Apartments

244 Biscayne Blvd

244 Biscayne BlvdMiami, FL 33132
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Miami Station
1 Bedroom Apartments

Miami Station

415 NW 9th StMiami, FL 33136
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Avenu Heights
1 Bedroom Apartments

Avenu Heights

751 NW 1st StMiami, FL 33128

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

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 ListingModel NameBed/BathPriced From
Sawyer’s WalkTwo Bedroom2BR,2BA$1,333
15 PLEX Property1BR/1.0BA1BR,1BA$1,550
909 NW 5th St1x11BR,1BA$1,850
600 SW 9 AVE1BR/1.0BA1BR,1BA$1,980
Downtown 5thOne Bedroom/One Bath1BR,1BA$2,050
Arte Grand Central0x1 - 480sqft - S14Studio,1BA$2,095
627-Vista Del RioPremium 1-11BR,1BA$2,100
Ram Miami River South Apartments1 Bedroom, 1 Bathroom1BR,1BA$2,120
The Vibe MiamiA1.31BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
740 SW 9th St, Unit 1740 SW 9th St1BR,1BA$1.52
Brickell West City RentalsB12BR,2BA$2.52
999 Brickell Bay Dr, Unit 1510999 Brickell Bay Dr2BR,2BA$2.46
44 W Flagler St, Unit D 300744 W Flagler St2BR,2BA$2.86
1019 SW 5th Ave, Unit B31019 SW 5th Ave2BR,2BA$2.90
41 SE 5th St, Unit 120641 SE 5th St1BR,1.5BA$2.86
Sawyer’s WalkTwo Bedroom2BR,2BA$1.33
751 NW 10th St, Unit A4751 NW 10th St2BR,2BA$2.88
Otto - Co-Living ApartmentsPrivate Room in Three Bed Three Bath1BR,1BA$1.63
Aerie - Co-Living ApartmentsPrivate Bedroom in Shared 2Bd Apartment1BR,1BA$1.67

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Miami Riverwalk, Miami, FL

Ranked #58

Among neighborhoods in Miami, FL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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.

decorative image for The 10 Best Affordable Neighborhoods in Miami, FL article

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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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.

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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.

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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.