
Cheap Apartments for Rent in the Miami Riverwalk Neighborhood of Miami, FL from $700 (64 Rentals)
Search the lowest-cost Apartments available for rent right now in the Miami Riverwalk area of Miami.


850 NW 2nd St

542 SW 3rd St

444-542 SW 3rd St

467 NW 8th St

625 SW 5th Ave

552 NW 1st St

110 NW 9th Ave

708 NW 4th Ave

240 NW 8th Ave, Unit 1
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.

Miami Station

535 NW 7th St

365 NW 8th St

501 SW 6th Ct

500 SW 9th Ave

527 SW 10th St

540 NW 7th St

Culmer Place

Studios on 3rd

361 SW 20th Rd
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.

629 SW 2nd St

Grand Station

479 SW 3rd St

401 SW 10th St

Total Monthly Price
650 SW 1st St

928 SW 3rd St

751 NW 1st St

650 SW 1st St

Total Monthly Price
Arte Grand Central

926 NW 5th 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.

675 SW 7th Ave

219 SW 9th Ave

852 SW 1st St

329 SW 6th Ave

445 SW 11th St

Total Monthly Price
910 SW 4th Ave, Unit 3

Joe Moretti II Apartments

2211 SW 3rd Ave

Temple Court

Labre Place
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.

850 SW 3rd St

540 NW 7th St

West Brickell Tower

Brickell Roads

City Crossings

Ser Piero

404 SW 6th St

930 SW 6 St

15 PLEX Property

ATM 501, LLC
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.
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 | $2,666 | $1,395 | $10,000+ |
| Miami Riverwalk 1 Bedroom Apartments | $3,425 | $1,395 | $10,000+ |
| Miami Riverwalk 2 Bedroom Apartments | $4,031 | $1,333 | $10,000+ |
| Miami Riverwalk 3 Bedroom Apartments | $5,662 | $2,950 | $10,000+ |
| Miami Riverwalk 4 Bedroom Apartments | $9,216 | $6,019 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 64 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 2 Beds unit found at Sawyer’s Walk priced from $1,333. 542 SW 3rd St has the second lowest priced unit, which is a Studio apartment currently listed from $1,395. Here are the most affordable Miami Riverwalk apartments for rent in Miami, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sawyer’s Walk | Two Bedroom | 2BR,2BA | $1,333 |
| 542 SW 3rd St | Studio | Studio,1BA | $1,395 |
| Culmer Place | Studio | Studio,1BA | $1,666 |
| Studios on 3rd | F | Studio,1BA | $1,700 |
| 650 SW 1st St | C | Studio,1BA | $1,822 |
| 600 SW 9 AVE | 1BR/1.0BA | 1BR,1BA | $1,890 |
| Arte Grand Central | 0x1 - 405sqft - S3 - W100 | Studio,1BA | $1,941 |
| East River Living – Elevated in Little Havana. | 0 Bedroom 1 Bathroom | Studio,1BA | $1,979 |
Best Value Apartments for Rent in Miami Riverwalk, FL
As of February 24, 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 B3 Model at Brickell West City Rentals starting at $3,038 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. |
|---|---|---|---|
| 133 NE 2nd Ave Unit 3206 | 2 Bedroom | 2BR,2BA | $2.55 |
| Brickell West City Rentals | B3 | 2BR,2BA | $2.55 |
| 44 W Flagler St, Unit D 3007 | 44 W Flagler St | 2BR,2BA | $2.65 |
| 529 SW 3rd St, Unit C1 | 529 SW 3rd St | 2BR,2BA | $2.86 |
| 31 SE 5th St | 31 SE 5th St | 1BR,1.5BA | $2.79 |
| Sawyer’s Walk | Two Bedroom | 2BR,2BA | $1.33 |
| 858-866 NW 3rd St | 2BD/1BA | 2BR,1BA | $2.80 |
| Ram Miami River South Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $2.77 |
| 520 SW 5th Ave, Unit A | 520 SW 5th Ave | 1BR,1BA | $2.81 |
| Aerie Apartments | Private Bedroom in Shared 2Bd Apartment | 1BR,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.
Read ArticleThe 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.
Read ArticleCash 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.
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 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 $1,979.
What is the price of a cheap apartment in Miami Riverwalk?
The cheapest apartment in Miami Riverwalk is Culmer Place which is listed at $1,766, while the average apartment in Miami Riverwalk costs $9,994.
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 51 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 $338 which is $9,656 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

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
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

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.

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.

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.

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.