Cheap Homes for Rent in the Miami Riverwalk Neighborhood of Miami, FL from $1,200 (75 Rentals)

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

property at 652 NW 3rd St

$1,550 - $1,800

1 To 2 Bedroom Rentals

Available Now

652 NW 3rd St

MiamiFL33128
property at 501 SW 1st St

$1,700 - $2,600

1 To 3 Bedroom Rentals

Available Now

501 SW 1st St

MiamiFL33130
property at 816 NW 11th St

$1,800 - $2,500

1 To 2 Bedroom Rentals

Available Now

816 NW 11th St

MiamiFL33136
property at 129 SW 9th Ave

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

1 Bedroom, 1 Bath Condo for Rent

Available Now

129 SW 9th Ave, Unit 3

129 SW 9th Ave
MiamiFL33130
property at 444 SW 4th St

$1,890 - $2,000

1 Bedroom Rentals

Available Now

444 SW 4th St

MiamiFL33130

Beyond Miami: Nearby Cities That Make Renting in South Florida Easier

Searching for apartments in South Florida? Go beyond Miami with our local expert guide to Fort Lauderdale, Hollywood, Doral, and more. Compare options to find your fit.

property at 101 E Flagler St

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

1 Bedroom, 1 Bath Condo for Rent

Available Now

101 E Flagler St, Unit 607

101 E Flagler St
MiamiFL33131
property at 242 SW 4th Ave

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

2 Bedroom, 1.5 Bath Home for Rent

Available Now

242 SW 4th Ave, Unit 1

242 SW 4th Ave
MiamiFL33130
property at 1200 Brickell Bay Dr

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950

1 Bedroom, 1 Bath Condo for Rent

Available Now

1200 Brickell Bay Dr, Unit 4019

1200 Brickell Bay Dr
MiamiFL33131
property at 405 NW 6th St

$1,959

Total Monthly Price

Total Monthly Price

Base Rent
$1,959

Total Monthly Price
$1,959

Studio, 1 Bath Condo for Rent

Available Now

405 NW 6th St, Unit A

405 NW 6th St
MiamiFL33136

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 801 Brickell Bay Dr

$2,000 - $5,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,000 - $5,200

Total Monthly Price
$2,000 - $5,200

Studio To 3 Bedroom Condos for Rent

Available Now

property at 253 NE 2nd St

$2,000 - $2,750

Total Monthly Price

Total Monthly Price

Base Rent
$2,000 - $2,750

Total Monthly Price
$2,000 - $2,750

Studio To 1 Bedroom Condos for Rent

Available Now

253 NE 2nd St

MiamiFL33132
property at 234 NE 3rd St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

1 Bedroom, 1 Bath Condo for Rent

Available Now

234 NE 3rd St, Unit 705

234 NE 3rd St
MiamiFL33132
property at 740 SW 9th St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

Studio, 1 Bath Home for Rent

Available Now

740 SW 9th St, Unit 2

740 SW 9th St
MiamiFL33130
property at 36 NE 1st St

$2,015

Total Monthly Price

Total Monthly Price

Base Rent
$2,015

Total Monthly Price
$2,015

Studio, 1 Bath Condo for Rent

Available Now

36 NE 1st St, Unit 1720

36 NE 1st St
MiamiFL33132
property at 922 NW 2nd St

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

2 Bedroom, 1 Bath Condo for Rent

Available Now

922 NW 2nd St, Unit 4

922 NW 2nd St
MiamiFL33128
property at 36 NW 6th Ave

$2,100 - $2,800

1 To 2 Bedroom Rentals

Available Now

36 NW 6th Ave

MiamiFL33128
property at 244 Biscayne Blvd

$1,950 - $6,500

Studio To 3 Bedroom Rentals

Available Now

244 Biscayne Blvd

MiamiFL33132

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.

property at 800 N Miami Ave

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

1 Bedroom, 1 Bath Condo for Rent

Available Now

800 N Miami Ave, Unit E1001

800 N Miami Ave
MiamiFL33136
property at 325 S Biscayne Blvd

$2,200 - $6,500

Total Monthly Price

Total Monthly Price

Base Rent
$2,200 - $6,500

Total Monthly Price
$2,200 - $6,500

Studio To 3 Bedroom Condos for Rent

Available Now

property at 999 Brickell Bay Dr

$2,200 - $3,750

Total Monthly Price

Total Monthly Price

Base Rent
$2,200 - $3,750

Total Monthly Price
$2,200 - $3,750

Studio To 2 Bedroom Condos for Rent

Available Now

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.

property at 905 Brickell Bay Dr

$2,200 - $3,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,200 - $3,400

Total Monthly Price
$2,200 - $3,400

1 To 2 Bedroom Condos for Rent

Available Now

property at 413 NW 6th St

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

Studio, 1 Bath Condo for Rent

Available Now

413 NW 6th St, Unit A

413 NW 6th St
MiamiFL33136
property at 50 Biscayne Blvd

$2,200 - $13,000

Studio To 4 Bedroom Rentals

Available Now

50 Biscayne Blvd

MiamiFL33132
property at 253 NE 2nd St

$2,000 - $8,000

Studio To 3 Bedroom Rentals

Available Now

253 NE 2nd St

MiamiFL33132
property at 538 N Miami Ave

$2,250

Total Monthly Price

Total Monthly Price

Base Rent
$2,250

Total Monthly Price
$2,250

1 Bedroom, 1 Bath Condo for Rent

Available Now

538 N Miami Ave, Unit A1

538 N Miami Ave
MiamiFL33136

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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 3 Beds unit found at Otto Apartments priced from $1,125. Aerie Apartments has the second lowest priced unit, which is a 3 Beds apartment currently listed from $1,175. Here are the most affordable Miami Riverwalk apartments for rent in Miami, FL:

Apartment ListingModel NameBed/BathPriced From
Otto Apartments3/33BR,3BA$1,125
Aerie Apartments3/33BR,3BA$1,175
Miami CentralMC-A1BR,1BA$1,375
Miami Central ApartmentsMC-A1BR,1BA$1,375
Manhattan IIMC-A1BR,1BA$1,375
448-458 NW 7th StMC-A1BR,1BA$1,375
467-469 NW 8th St0BR/1.0BAStudio,1BA$1,399
Miami Station1 Bedroom/1 Bath1BR,1BA$1,400
15 PLEX Property1BR/1.0BA1BR,1BA$1,500

Best Value Apartments for Rent in Miami Riverwalk, FL

As of August 20, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
740 SW 9th St, Unit 1740 SW 9th St1BR,1BA$1.52
133 NE 2nd Ave Unit 32062 Bedroom2BR,2BA$2.55
Brickell West City RentalsB32BR,2BA$2.78
409 SW 8th Ave409 SW - B - 02, 03, 06, 07, 10, 11, 15, 162BR,1BA$2.17
Manhattan IIMC-A1BR,1BA$1.87
Iroquois2 Bed x 1 Bath2BR,1BA$2.50
910 SW 4th Ave2 bed 2 bath2BR,1BA$2.79
Otto Apartments3/33BR,3BA$1.63
Aerie Apartments3/33BR,3BA$1.71
Miami Station1 Bedroom/1 Bath1BR,1BA$2.33

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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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

Read Article
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Real 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 Article
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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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Frequently Asked Questions about Miami Riverwalk

What type of rentals are currently available in Miami Riverwalk?

There are currently 808 Apartments for Rent in Miami Riverwalk, FL with pricing that ranges from $1,125 to $20,500. There are also 831 Single Family Homes for rent, Condos, and Townhome rentals currently available in Miami Riverwalk ranging from $1,500 to $55,000.

What is the current price range for Rental Homes in Miami Riverwalk?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Miami Riverwalk ranges from $1,500 to $55,000 with an average monthly rent of $5,513.

How much are larger Three and Four Bedroom Rentals in Miami Riverwalk?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Miami Riverwalk range from $1,125 to $13,180, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,250 to $36,000. Four Bedroom Single-Family rentals are also available starting from $4,500 and Four Bedroom Apartments start at $5,500.

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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Beyond Miami: Nearby Cities That Make Renting in South Florida Easier

Written by: Allaire Williams

Hello there! I'm Allaire, your ApartmentHomeLiving.com Local Expert for the Miami-Fort Lauderdale area.

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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.

decorative image for Miami Unfiltered: A Born-and-Raised Guide to Where Locals Love to Live   article

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.

decorative image for Student Living Made Easy: Great Miami Neighborhoods to Rent Near Campus article

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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.