Cheap Apartments for Rent in the Miami Riverwalk Neighborhood of Miami, FL from $500 (228 Rentals)

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

property at 420 SW 7th Ave

$1,300 - $2,590

Total Monthly Price

Total Monthly Price

Base Rent
$1,300 - $2,590
Total Monthly Price
$1,300 - $2,590

Studio To 2 Bedroom Condos for Rent

Available May 1

420 SW 7th Ave

MiamiFL33130
property at 420 SW 7th Ave

$1,300 - $2,590

Studio To 2 Bedroom Rentals

Available Now

420 SW 7th Ave

MiamiFL33130

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.

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property at 540 NW 7th St

$1,450 - $2,075

Studio To 2 Bedroom Rentals

Available Now

540 NW 7th St

MiamiFL33136

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 535 NW 7th St

$1,600 - $1,950

1 To 2 Bedroom Rentals

Available Now

535 NW 7th 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 777 NW 1st St

$1,875

Total Monthly Price

Total Monthly Price

Base Rent
$1,875
Total Monthly Price
$1,875

Studio, 1 Bath Condo for Rent

Available Now

777 NW 1st St, Unit 1103, Unit 1103

777 NW 1st St
MiamiFL33128
property at 999 Brickell Bay Dr

$1,900 - $3,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,900 - $3,500
Total Monthly Price
$1,900 - $3,500

Studio To 2 Bedroom Condos for Rent

Available Now

999 Brickell Bay Dr

MiamiFL33131

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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Maizon Brickell
Rent Specials
$1,991 - $9,679
Total Monthly Price

Total Monthly Price

Base Rent
$1,991 - $9,679
Total Monthly Price
$1,991 - $9,679
Studio to 3 Bedroom Apartments Available Now

Maizon Brickell

221 SW 12th StMiami, FL 33130
Luxury
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property at 801 Brickell Bay Dr

$2,000 - $5,500

Total Monthly Price

Total Monthly Price

Base Rent
$2,000 - $5,500
Total Monthly Price
$2,000 - $5,500

Studio To 3 Bedroom Condos for Rent

Available Now

801 Brickell Bay Dr

MiamiFL33131
property at 951 SW 7th St

$2,000 - $2,950

2 To 3 Bedroom Rentals

Available Now

951 SW 7th 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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Showing Results 1-50, Page 1 of 5

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 1 Bed unit found at Casa Mariana priced from $1,200. Otto Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,250. Here are the most affordable Miami Riverwalk apartments for rent in Miami, FL:

Apartment ListingModel NameBed/BathPriced From
Casa Mariana1/11BR,1BA$1,200
Otto Apartments2/22BR,2BA$1,250
Sawyer’s WalkTwo Bedroom2BR,2BA$1,333
Miami CentralMC-A1BR,1BA$1,399
Miami Central ApartmentsMC-A1BR,1BA$1,399
Manhattan IIMC-A1BR,1BA$1,399
448-458 NW 7th StMC-A1BR,1BA$1,399
Miami Station1 Bedroom/1 Bath1BR,1BA$1,400

Best Value Apartments for Rent in Miami Riverwalk, FL

As of April 10, 2026 the best value apartment in the Miami Riverwalk area is the $2.55 price per square foot 2 Bedroom Model at 133 NE 2nd Ave Unit 3206 in the in the Miami Riverwalk neighborhood starting from $3,200. The second greatest value Miami Riverwalk apartment is the 44 W Flagler St Model at 44 W Flagler St, Unit D 3007 starting at $3,150 with a $2.65 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.
133 NE 2nd Ave Unit 32062 Bedroom2BR,2BA$2.55
44 W Flagler St, Unit D 300744 W Flagler St2BR,2BA$2.65
Sawyer’s WalkTwo Bedroom2BR,2BA$1.33
529 SW 4th St2BR/1.0BA2BR,1BA$2.10
Casa Mariana1/11BR,1BA$1.20
535 SW 4th St, Unit 1535 SW 4th StStudio ,1BA$1.65
221 SW 9th Ave, Unit Unit 1221 SW 9th Ave2BR,1BA$2.41
Manhattan IIMC-A1BR,1BA$1.90
Miami Station1 Bedroom/1 Bath1BR,1BA$2.33
Otto Apartments2/22BR,2BA$2.38

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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Miami Riverwalk, Miami, FL

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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 $1,400.

What is the price of a cheap apartment in Miami Riverwalk?

The cheapest apartment in Miami Riverwalk is Casa Mariana which is listed at $1,200, while the average apartment in Miami Riverwalk costs $8,620.

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 117 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 $228 which is $8,392 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.

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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

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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.

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.