Cheap Apartments for Rent in the South River Drive Neighborhood of Miami, FL from $300 (52 Rentals)

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

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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959 SW 5th St
Studio to 3 Bedroom Apartments

959 SW 5th St

959 SW 5th StMiami, FL 33130
  • Utilities Included
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LBM Apartments
Studio to 2 Bedroom Apartments

LBM Apartments

1362 SW 2nd StMiami, FL 33135

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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1212 NW 1 Pl
1 to 3 Bedroom Apartments

1212 NW 1 Pl

1212 NW 1 PlMiami, FL 33136
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1255 SW 6 Street
Studio to 1 Bedroom Apartments

1255 SW 6 Street

1255 SW 6th StMiami, FL 33135
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1012 SW 4th St
1 Bedroom Apartments

1012 SW 4th St

1012 SW 4th StMiami, FL 33130
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Temple Court
Studio to 1 Bedroom Apartments

Temple Court

431-453 NW 3rd StMiami, FL 33128
Senior Living
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Labre Place
Studio to 1 Bedroom Apartments

Labre Place

350 NW 4th StMiami, FL 33128
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850 SW 3rd St
1 Bedroom Apartments

850 SW 3rd St

850 SW 3rd StMiami, FL 33130
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540 NW 7th St
Studio to 2 Bedroom Apartments

540 NW 7th St

540 NW 7th StMiami, FL 33136
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Villas of Havana
1 to 3 Bedroom Apartments

Villas of Havana

717 SW 11th AveMiami, FL 33130
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Brickell Roads
1 Bedroom Apartments

Brickell Roads

1228 SW 3rd AveMiami, FL 33130
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1144 SW 5th St
Studio to 2 Bedroom Apartments

1144 SW 5th St

1144 SW 5th StMiami, FL 33130

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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City Crossings
1 to 3 Bedroom Apartments

City Crossings

230-250 SW 12th StMiami, FL 33130
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160 NW 11th Ter
1 Bedroom Apartments

160 NW 11th Ter

160 NW 11th TerMiami, FL 33136
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404 SW 6th St
2 Bedroom Apartments

404 SW 6th St

404 SW 6th StMiami, FL 33130
  • Utilities Included
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Ser Piero
1 Bedroom Apartments

Ser Piero

651 SW 3rd StMiami, FL 33130
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448-458 NW 7th St
Studio to 3 Bedroom Apartments

448-458 NW 7th St

448-458 NW 7th StMiami, FL 33136
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Manhattan II
Studio to 3 Bedroom Apartments

Manhattan II

560 NW 7th StMiami, FL 33136

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.

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223 NW 12th St
Studio Apartments

223 NW 12th St

223 NW 12th StMiami, FL 33136
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1117 NW 3rd Ave
1 to 3 Bedroom Apartments

1117 NW 3rd Ave

1117 NW 3rd AveMiami, FL 33136
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542 NW 8th St
1 Bedroom Apartments

542 NW 8th St

542 NW 8th StMiami, FL 33136
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1036 SW 3rd St
1 Bedroom Apartments

1036 SW 3rd St

1036 SW 3rd StMiami, FL 33130
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ATM 501, LLC
1 to 2 Bedroom Apartments

ATM 501, LLC

501 SW 4th AveMiami, FL 33130
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Beacon Apartments
2 to 3 Bedroom Apartments

Beacon Apartments

1000 NW 11th AveMiami, FL 33136
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735 SW2 LLC
1 to 2 Bedroom Apartments

735 SW2 LLC

735 SW 2nd StMiami, FL 33130
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ATM 380, LLC
1 Bedroom Apartments

ATM 380, LLC

380 SW 4th StMiami, FL 33130

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.

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. Saffron Apartments (Furnished Rooms) has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,250. 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
Saffron Apartments (Furnished Rooms)Private Bed/Bath in Shared 2Bed/2Bath1BR,1BA$1,250
Pastel Apartments3/33BR,3BA$1,325
Sawyer’s WalkTwo Bedroom2BR,2BA$1,333
Miami Central ApartmentsMC-A1BR,1BA$1,399
Manhattan IIMC-A1BR,1BA$1,399
448-458 NW 7th StMC-A1BR,1BA$1,399
Miami CentralMC-A1BR,1BA$1,399
Miami Station1 Bedroom/1 Bath1BR,1BA$1,400

Best Value Apartments for Rent in South River Drive, FL

As of April 19, 2026 the best value apartment in the South River Drive area is the $1.53 price per square foot 186 NW 13th St Model at 186 NW 13th St, Unit B2 in the in the Downtown Miami neighborhood starting from $2,900. The second greatest value South River Drive apartment is the 1165 SW 12th St Model at 1165 SW 12th St, Unit 1165 starting at $2,800 with a $1.77 price per square foot in the East Little Havana 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.
186 NW 13th St, Unit B2186 NW 13th St2BR,2BA$1.53
1165 SW 12th St, Unit 11651165 SW 12th St2BR,1BA$1.77
Sawyer’s WalkTwo Bedroom2BR,2BA$1.33
535 SW 4th St, Unit 1535 SW 4th StStudio ,1BA$1.65
585 SW 13th Ave, Unit One585 SW 13th Ave2BR,1BA$2.09
Pastel Apartments3/33BR,3BA$1.71
New Arena Square Apartments1Bed 1Bath1BR,1BA$1.29
Manhattan IIMC-A1BR,1BA$1.90
Saffron Apartments (Furnished Rooms)Private Bed/Bath in Shared 2Bed/2Bath1BR,1BA$1.92
Miami Station1 Bedroom/1 Bath1BR,1BA$2.33

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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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 $1,400.

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 $4,800.

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 122 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 $838 which is $3,962 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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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.