Cheap Apartments for Rent in the South River Drive Neighborhood of Miami, FL from $300 (221 Rentals)

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

property at 546 SW 1st St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250

1 Bedroom, 1 Bath Condo for Rent

Available Jun 5

546 SW 1st St, Unit 607

546 SW 1st St
MiamiFL33130
property at 201 NW 7th St

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

2 Bedroom, 2 Bath Condo for Rent

Available Now

201 NW 7th St, Unit #202

201 NW 7th 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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property at 1200 Brickell Bay Dr

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500

1 Bedroom, 1 Bath Condo for Rent

Available Now

1200 Brickell Bay Dr, Unit 2803

1200 Brickell Bay Dr
MiamiFL33131

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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property at 777 NW 1st St

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800
Total Monthly Price
$1,800

Studio, 1 Bath Condo for Rent

Available Now

777 NW 1st St, Unit 1103

777 NW 1st St
MiamiFL33128

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 450 SW 3rd St

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900
Total Monthly Price
$1,900

1 Bedroom, 1.5 Bath Condo for Rent

Available Jul 1

450 SW 3rd St, Unit 1

450 SW 3rd St
MiamiFL33130
property at 413 NW 6th St

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900
Total Monthly Price
$1,900

Studio, 1 Bath Condo for Rent

Available Now

413 NW 6th St, Unit A

413 NW 6th St
MiamiFL33136

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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910 SW 4th Ave, Unit 3
$2,000
Total Monthly Price

Total Monthly Price

Base Rent
$2,000
Total Monthly Price
$2,000
2 Bedroom Apartment Available Now

910 SW 4th Ave, Unit 3

910 SW 4th AveMiami, FL 33130
Affordability
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property at 101 E Flagler 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

101 E Flagler St, Unit 707

101 E Flagler St
MiamiFL33131
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

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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Showing Results 1-50, Page 1 of 5

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. Residences at River Parc has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,222. 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
Residences at River Parc1 Bedroom Small1BR,1BA$1,222
Saffron Apartments (Furnished Rooms)Private Bed/Bath in Shared 2Bed/2Bath1BR,1BA$1,250
Culmer PlaceStudioStudio,1BA$1,361
Manhattan IIMC-A1BR,1BA$1,399
448-458 NW 7th StMC-A1BR,1BA$1,399
Miami CentralMC-A1BR,1BA$1,399
Miami Central ApartmentsMC-A1BR,1BA$1,399
1036 SW 3rd St1/11BR,1BA$1,495
Miami Station1 Bedroom/1 Bath1BR,1BA$1,500

Best Value Apartments for Rent in South River Drive, FL

As of June 03, 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 C Model at Parkview Apartments starting at $2,300 with a $2.19 price per square foot in the Miami River 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
Parkview ApartmentsC2BR,2BA$2.19
1144 NW 5th St, Unit 41144 NW 5th St1BR,1BA$1.67
221 SW 9th Ave, Unit Unit 2221 SW 9th Ave2BR,1BA$2.41
Manhattan IIMC-A1BR,1BA$1.90
New Arena Square Apartments1Bed 1Bath1BR,1BA$1.29
Iroquois2 Bed x 1 Bath2BR,1BA$2.50
Saffron Apartments (Furnished Rooms)Private Bed/Bath in Shared 2Bed/2Bath1BR,1BA$1.92
1036 SW 3rd St1/11BR,1BA$2.49
Miami Station1 Bedroom/1 Bath1BR,1BA$2.50

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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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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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 $1,500.

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 $5,180.

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 53 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 $799 which is $4,381 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

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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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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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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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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.