Cheap Apartments for Rent in the South River Drive Neighborhood of Miami, FL from $300 (283 Rentals)

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

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.

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property at 1033 NW 6th St

$1,600 - $2,000

Studio To 1 Bedroom Rentals

Available Now

1033 NW 6th St

MiamiFL33136

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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835 NW 3rd St, Unit 837
$1,700
Total Monthly Price

Total Monthly Price

Base Rent
$1,700
Total Monthly Price
$1,700
1 Bedroom Apartment Available Jul 22

835 NW 3rd St, Unit 837

835 NW 3rd StMiami, FL 33128
Furnished
property at 1134 NW 5th St

$1,790

Total Monthly Price

Total Monthly Price

Base Rent
$1,790
Total Monthly Price
$1,790

1 Bedroom, 1 Bath Condo for Rent

Available Now

1134 NW 5th St, Unit 5

1134 NW 5th St
MiamiFL33128

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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Villa Sara
Rent Specials
$1,900
Total Monthly Price

Total Monthly Price

Base Rent
$1,900
Total Monthly Price
$1,900
1 Bedroom Apartments Available Now

Villa Sara

433-435 SW 6th StMiami, FL 33130
Affordability
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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 Aug 1

101 E Flagler St, Unit 607

101 E Flagler St
MiamiFL33131

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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property at 700 SW 11th Ave

$1,919 - $1,920

Total Monthly Price

Total Monthly Price

Base Rent
$1,920
Total Monthly Price
$1,920

1 Bedroom Rentals

Available Aug 8

700 SW 11th Ave

MiamiFL33130
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Remi on the River
$1,922 - $5,775
Total Monthly Price

Total Monthly Price

Base Rent
$1,922 - $5,775
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Remi on the River

999 NW 7th StMiami, FL 33136
Affordability
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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 2803

1200 Brickell Bay Dr
MiamiFL33131

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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South River Drive, Miami, FL Local Guide

Cheapest Available South River Drive Apartments for Rent

 

The cheapest available apartment rental in the South River Drive area of Miami, FL is a 1 Bed unit found at New Arena Square Apartments priced from $950. Otto Apartments has the second lowest priced unit, which is a 3 Beds apartment currently listed from $1,175. Here are the most affordable South River Drive apartments for rent in Miami, FL:

Apartment ListingModel NameBed/BathPriced From
New Arena Square Apartments1Bed 1Bath1BR,1BA$950
Otto Apartments3/33BR,3BA$1,175
Plum Apartments3/33BR,3BA$1,175
Aerie Apartments3/33BR,3BA$1,175
Residences at River Parc1 Bedroom Small1BR,1BA$1,222
Saffron Apartments (Furnished Rooms)Private Bed/Bath in Shared 2Bed/2Bath1BR,1BA$1,250
1050 NW 2nd StreetStudioStudio,1BA$1,295
Pastel Apartments3/33BR,3BA$1,350
Culmer PlaceStudioStudio,1BA$1,361
Miami CentralMC-A1BR,1BA$1,399

Best Value Apartments for Rent in South River Drive, FL

As of July 19, 2026 the best value apartment in the South River Drive 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 South River Drive apartment is the 2BR/1.0BA Model at Pacific Ocean Partners LLC starting at $2,125 with a $2.13 price per square foot in the Miami Riverwalk neighborhood. Here is today’s list of the best values for South River Drive 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
Pacific Ocean Partners LLC2BR/1.0BA2BR,1BA$2.13
528 SW 6th St2 Bedroom 1 Bathroom2BR,1BA$2.15
Otto Apartments3/33BR,3BA$1.57
Plum Apartments3/33BR,3BA$1.57
New Arena Square Apartments1Bed 1Bath1BR,1BA$1.29
Manhattan IIMC-A1BR,1BA$1.90
Pastel Apartments3/33BR,3BA$1.93
Aerie Apartments3/33BR,3BA$1.71
Saffron Apartments (Furnished Rooms)Private Bed/Bath in Shared 2Bed/2Bath1BR,1BA$1.92

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

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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.

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Best Local Schools in
South River Drive, Miami, FL

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Miami, Florida. 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, family-friendly amenities, raising pets, transit options, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap South River Drive Apartments

What is a cheap apartment in South River Drive?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South River Drive is under $1,399.

What is the price of a cheap apartment in South River Drive?

The cheapest apartment in South River Drive is New Arena Square Apartments which is listed at $950, while the average apartment in South River Drive costs $4,963.

What types of apartments are the cheapest in South River Drive?

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 73 regular apartments in South River Drive 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 South River Drive?

Cheap apartments in South River Drive have an average cost of $938 which is $4,025 cheaper than the average rent for all rentals in South River Drive.

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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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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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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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.

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

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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.

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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