Cheap Apartments for Rent in the Watson Island Neighborhood of Miami, FL from $700 (89 Rentals)

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

property at 1815 NW 1st Ct

$1,280 - $1,830

Studio To 2 Bedroom Rentals

Available Now

1815 NW 1st Ct

MiamiFL33136
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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1212 NW 1 Pl
1 to 3 Bedroom Apartments

1212 NW 1 Pl

1212 NW 1 PlMiami, FL 33136
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2211 SW 3rd Ave
Studio to 1 Bedroom Apartments

2211 SW 3rd Ave

2211 SW 3rd AveMiami, FL 33129
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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 3 Beds unit found at Courtside Apartments II priced from $933. New Arena Square Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Watson Island apartments for rent in Miami, FL:

Apartment ListingModel NameBed/BathPriced From
Courtside Apartments II3 Bedroom 2 Bath3BR,2BA$933
New Arena Square Apartments1Bed 1Bath1BR,1BA$950
1718 NW 2nd Ct1 bedroom1BR,1BA$1,095
Aerie Apartments3/33BR,3BA$1,250
Father Marquess - Barry Apartments1/1 Bedroom1BR,1BA$1,274
Manhattan IIMC-A1BR,1BA$1,399
Miami CentralMC-A1BR,1BA$1,399
Miami Central ApartmentsMC-A1BR,1BA$1,399

Best Value Apartments for Rent in Watson Island, FL

As of May 15, 2026 the best value apartment in the Watson Island area is the $0.18 price per square foot 1 bedroom Model at 1718 NW 2nd Ct in the in the Downtown Miami neighborhood starting from $1,095. 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$0.18
186 NW 13th St, Unit B2186 NW 13th St2BR,2BA$1.53
Courtside Apartments II2 Bedroom 2 Bath2BR,2BA$2.14
241 NE 27th St, Unit A1241 NE 27th St1BR,1BA$2.47
Newly Renovated Community Invigorating Miami's Downtown Urban Core!2BR/1.0BA2BR,1BA$2.09
Aerie Apartments3/33BR,3BA$1.67
New Arena Square Apartments1Bed 1Bath1BR,1BA$1.29
Manhattan IIMC-A1BR,1BA$1.90
Father Marquess - Barry Apartments1/1 Bedroom1BR,1BA$1.79
Miami Station1 Bedroom/1 Bath1BR,1BA$2.33

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Best Local Schools in
Watson Island, Miami, FL

School data provided by Great Schools

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 $1,399.

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 $10,629.

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 124 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 $349 which is $10,280 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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