Cheap Homes for Rent in Miami Riverwalk Neighborhood of Miami, FL from $1,500 (155 Rentals)

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

property at 856 SW 6th St

856 SW 6th St

MiamiFL33130

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 650 SW 1st St

650 SW 1st 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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property at 234 NE 3rd St

234 NE 3rd St

MiamiFL33132

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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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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property at 253 NE 2nd St

253 NE 2nd St

MiamiFL33132

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

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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 $1,500. 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$1,500
909 NW 5th St1x11BR,1BA$1,850
600 SW 9 AVE1BR/1.0BA1BR,1BA$1,880
Arte Grand Central0x1 - 400sqft - S1 - W120Studio,1BA$1,950
627-Vista Del RioPremium 1-11BR,1BA$1,960
Downtown 5thOne Bedroom/One Bath1BR,1BA$2,050
Ram Miami River South Apartments1 Bedroom, 1 Bathroom1BR,1BA$2,120
Riverview One ApartmentsUnit A31BR,1BA$2,147

Best Value Apartments for Rent in Miami Riverwalk, FL

As of July 25, 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 999 Brickell Bay Dr Model at 999 Brickell Bay Dr, Unit 1510 starting at $3,200 with a $2.46 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
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
Riverview One ApartmentsUnit B102BR,2BA$2.80
751 NW 10th St, Unit A4751 NW 10th St2BR,2BA$2.88
Otto - Co-Living ApartmentsPrivate Room in Two Bed Two Bath1BR,1BA$1.80
Aerie - Co-Living ApartmentsPrivate Bedroom in Shared 2Bd Apartment1BR,1BA$1.67

Quick Rent Budget Calculator

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Frequently Asked Questions about Miami Riverwalk

What type of rentals are currently available in Miami Riverwalk?

There are currently 824 Apartments for Rent in Miami Riverwalk, FL with pricing that ranges from $1,333 to $20,690. There are also 1210 Single Family Homes for rent, Condos, and Townhome rentals currently available in Miami Riverwalk ranging from $1,550 to $40,000.

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 $1,550 to $40,000 with an average monthly rent of $7,980.

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 $2,700 to $20,690, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,750 to $32,000. Four Bedroom Single-Family rentals are also available starting from $2,800 and Four Bedroom Apartments start at $3,285.

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.

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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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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.