Cheap Apartments for Rent in the Watson Island Neighborhood of Miami, FL from $700 (114 Rentals)

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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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property at 365 NW 8th St

$1,600 - $2,000

1 To 2 Bedroom Rentals

Available Now

365 NW 8th St

MiamiFL33136

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property at 1950 NW 2nd Ct

$1,650 - $1,700

1 Bedroom Rentals

Available Now

1950 NW 2nd Ct

MiamiFL33136

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property at 452 SW 10th St

$1,750 - $2,050

1 To 2 Bedroom Rentals

Available Now

452 SW 10th St

MiamiFL33130
property at 2601 NW 1st Ave

$1,800

Studio, 1 Bath Home for Rent

Available Now

2601 NW 1st Ave

MiamiFL33127
property at 458 SW 9th St

$1,800 - $2,200

1 To 2 Bedroom Rentals

Available Now

458 SW 9th St

MiamiFL33130

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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 Father Marquess - Barry Apartments priced from $1,274. Sawyer’s Walk has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,333. Here are the most affordable Watson Island apartments for rent in Miami, FL:

Apartment ListingModel NameBed/BathPriced From
Father Marquess - Barry Apartments1/1 Bedroom1BR,1BA$1,274
Sawyer’s WalkTwo Bedroom2BR,2BA$1,333
15 PLEX Property1BR/1.0BA1BR,1BA$1,475
Miami Central1 Bedroom 5601BR,1BA$1,499
Newly Renovated Community Invigorating Miami's Downtown Urban Core!1BR/1.0BA1BR,1BA$1,500
542 SW 3rd StStudioStudio,1BA$1,600

Best Value Apartments for Rent in Watson Island, FL

As of December 29, 2025 the best value apartment in the Watson Island 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 Watson Island apartment is the 137 NW 30th St Model at 137 NW 30th St, Unit C1 starting at $3,250 with a $2.51 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.
186 NW 13th St, Unit B2186 NW 13th St2BR,2BA$1.53
137 NW 30th St, Unit C1137 NW 30th St2BR,2BA$2.51
Sawyer’s WalkTwo Bedroom2BR,2BA$1.33
528 SW 6th St2 Bedroom 1 Bathroom2BR,1BA$2.15
Father Marquess - Barry Apartments2/2 Bedroom2BR,2BA$1.56
241 NE 27th St, Unit A1241 NE 27th St1BR,1BA$2.47
1838 NW 1st Pl, Unit 21838 NW 1st Pl1BR,1BA$1.56
Otto ApartmentsPrivate Room in Two Bed Two Bath1BR,1BA$1.80
Newly Renovated Community Invigorating Miami's Downtown Urban Core!1BR/1.0BA1BR,1BA$2.14
Aerie ApartmentsPrivate Bedroom in Shared 2Bd Apartment1BR,1BA$2.02

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

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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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Quick Rent Budget Calculator

How much rent can you afford?

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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Pet Friendly Lifestyle
Watson Island, Miami, FL

Ranked #3

Among cities in Florida for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $1,600.

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

The cheapest apartment in Watson Island is Father Marquess - Barry Apartments which is listed at $1,274, while the average apartment in Watson Island costs $8,163.

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 146 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 $361 which is $7,802 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.

Helpful Local Expert Guides

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The 10 Best Affordable Neighborhoods in Miami, FL

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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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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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Articles, How-To's, and Tips

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!