Cheap Apartments for Rent in the Watson Island Neighborhood of Miami, FL from $700 (111 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Watson Island area of Miami.

property at 180 NW 17th St

$1,300 - $1,550

1 To 2 Bedroom Rentals

Available Now

180 NW 17th St

MiamiFL33136

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property at 540 NW 7th St

$1,650 - $2,075

1 To 2 Bedroom Rentals

Available Now

540 NW 7th St

MiamiFL33136
property at 535 NW 7th St

$1,600 - $1,950

1 To 2 Bedroom Rentals

Available Now

535 NW 7th St

MiamiFL33136

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650 SW 1st St
$1,822 - $3,000
Total Monthly Price

Total Monthly Price

Base Rent
$1,772 - $2,950
Required Monthly Fees
$50
Total Monthly Price
$1,822 - $3,000
Studio to 2 Bedroom Apartments Available Now

650 SW 1st St

650 SW 1st StMiami, FL 33130
Affordability
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1315 NE Miami Court
Rent Specials
$1,850
Total Monthly Price

Total Monthly Price

Base Rent
$1,800
Required Monthly Fees
$50
Total Monthly Price
$1,850
1 Bedroom Apartments Available Now

1315 NE Miami Court

1315 NE Miami CtMiami, FL 33132
Affordability
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Watson Island, Miami, FL Local Guide

Cheapest Available Watson Island Apartments for Rent

 

The cheapest available apartment rental in the Watson Island area of Miami, FL is a 1 Bed unit found at New Arena Square Apartments priced from $950. 1718 NW 2nd Ct has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,195. Here are the most affordable Watson Island apartments for rent in Miami, FL:

Apartment ListingModel NameBed/BathPriced From
New Arena Square Apartments1Bed 1Bath1BR,1BA$950
1718 NW 2nd Ct1 bedroom1BR,1BA$1,195
Casa Mariana1/11BR,1BA$1,200
Sawyer’s WalkTwo Bedroom2BR,2BA$1,333
160 NW 11th Ter1BR/1.0BA1BR,1BA$1,350
Manhattan IIMC-A1BR,1BA$1,400
Miami CentralMC-A1BR,1BA$1,400
Miami Central ApartmentsMC-A1BR,1BA$1,400

Best Value Apartments for Rent in Watson Island, FL

As of March 30, 2026 the best value apartment in the Watson Island area is the $0.20 price per square foot 1 bedroom Model at 1718 NW 2nd Ct in the in the Downtown Miami neighborhood starting from $1,195. The second greatest value Watson Island apartment is the 186 NW 13th St Model at 186 NW 13th St, Unit B2 starting at $2,900 with a $1.53 price per square foot in the Downtown Miami neighborhood. Here is today’s list of the best values for Watson Island apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1718 NW 2nd Ct1 bedroom1BR,1BA$0.20
186 NW 13th St, Unit B2186 NW 13th St2BR,2BA$1.53
Sawyer’s WalkTwo Bedroom2BR,2BA$1.33
529 SW 4th St2BR/1.0BA2BR,1BA$2.10
Casa Mariana1/11BR,1BA$1.20
241 NE 27th St, Unit A1241 NE 27th St1BR,1BA$2.47
535 SW 4th St, Unit 1535 SW 4th StStudio ,1BA$1.65
1540 NW 1st Ct2BR/1.0BA2BR,1BA$2.09
New Arena Square Apartments1Bed 1Bath1BR,1BA$1.29
Manhattan IIMC-A1BR,1BA$1.90

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Student Living Made Easy: Great Miami Neighborhoods to Rent Near Campus

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Watson Island, Miami, FL

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Miami. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, kid and pet-friendly communities, availability of transit options, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Watson Island Apartments

What is a cheap apartment in Watson Island?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Watson Island is under $1,400.

What is the price of a cheap apartment in Watson Island?

The cheapest apartment in Watson Island is New Arena Square Apartments which is listed at $950, while the average apartment in Watson Island costs $7,339.

What types of apartments are the cheapest in Watson Island?

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 290 regular apartments in Watson Island 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 Watson Island?

Cheap apartments in Watson Island have an average cost of $456 which is $6,883 cheaper than the average rent for all rentals in Watson Island.

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.

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