Cheap Apartments for Rent in the Watson Island Neighborhood of Miami, FL from $700 (100 Rentals)

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

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property at 267 NW 33rd St

$1,500 - $2,900

1 To 3 Bedroom Rentals

Available Now

267 NW 33rd St

MiamiFL33127
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Villa Sonia
Rent Specials
$1,600 - $1,800
Total Monthly Price

Total Monthly Price

Base Rent
$1,600 - $1,800
Total Monthly Price
$1,600 - $1,800
1 Bedroom Apartments Available Now

Villa Sonia

340 SW 5th AveMiami, FL 33130
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property at 215 NE 27th St

$1,800 - $3,800

1 To 2 Bedroom Rentals

Available Aug 31

215 NE 27th St

MiamiFL33137
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Villa Sara
Rent Specials
$1,900
Total Monthly Price

Total Monthly Price

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$1,900
Total Monthly Price
$1,900
1 Bedroom Apartments Available Now

Villa Sara

433-435 SW 6th StMiami, FL 33130
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property at 520 NE 38th St

$1,900 - $2,500

1 To 2 Bedroom Rentals

Available Now

520 NE 38th St

MiamiFL33137
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WN32
$1,925 - $2,575
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Total Monthly Price

Base Rent
$1,925 - $2,575
Total Monthly Price
$1,925 - $2,575
Studio to 1 Bedroom Apartments Available Now

WN32

315 NW 32nd StMiami, FL 33127
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Arte Grand Central
Rent Specials
$1,945 - $4,777
Total Monthly Price

Total Monthly Price

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$1,945 - $4,777
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Studio to 2 Bedroom Apartments Available Now

Arte Grand Central

218 NW 8th StMiami, FL 33136
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910 SW 4th Ave
$1,950 - $2,000
Total Monthly Price

Total Monthly Price

Base Rent
$1,950 - $2,000
Total Monthly Price
$1,950 - $2,000
2 Bedroom Apartments Available Now

910 SW 4th Ave

910 SW 4th AveMiami, FL 33130
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property at 102 SW 6th Ave

$1,999 - $2,500

1 To 2 Bedroom Rentals

Available Now

102 SW 6th Ave

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 New Arena Square Apartments priced from $950. Otto Apartments has the second lowest priced unit, which is a 3 Beds apartment currently listed from $1,125. 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
Otto Apartments3/33BR,3BA$1,125
Aerie Apartments3/33BR,3BA$1,175
Miami CentralStudioStudio,1BA$1,250
Miami Central ApartmentsStudioStudio,1BA$1,250
Manhattan IIStudioStudio,1BA$1,250
448-458 NW 7th StStudioStudio,1BA$1,250
467-469 NW 8th St0BR/1.0BAStudio,1BA$1,399

Best Value Apartments for Rent in Watson Island, FL

As of August 15, 2026 the best value apartment in the Watson Island 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 Watson Island apartment is the 2 Bedroom Model at 133 NE 2nd Ave Unit 3206 starting at $3,200 with a $2.55 price per square foot in the Miami Riverwalk 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.
740 SW 9th St, Unit 1740 SW 9th St1BR,1BA$1.52
133 NE 2nd Ave Unit 32062 Bedroom2BR,2BA$2.55
Courtside Apartments II2 Bedroom 2 Bath2BR,2BA$2.09
241 NE 27th St, Unit A1241 NE 27th St1BR,1BA$2.47
535 SW 5th St, Unit 1535 SW 5th St1BR,2BA$2.53
New Arena Square Apartments1Bed 1Bath1BR,1BA$1.29
Otto Apartments3/33BR,3BA$1.63
Aerie Apartments3/33BR,3BA$1.71
Miami Station1 Bedroom/1 Bath1BR,1BA$2.33
Manhattan IIStudioStudio ,1BA$2.34

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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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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 the Cheapest Studio apartment in Watson Island?

Currently the most affordable Cheap Studio Apartment in Watson Island is at Miami Central listed at $1,250.

How much is rent for a Cheap One Bedroom Watson Island Apartment?

The lowest price for a Cheap One Bedroom Watson Island Apartment is $950 at New Arena Square Apartments.

What is the lowest price for a Cheap Two Bedroom Watson Island Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Watson Island is starting from $1,100 at New Arena Square Apartments.

What is the most affordable Watson Island Three Bedroom Apartment?

The best deal on a cheap Watson Island Three Bedroom Apartment rental is at Otto Apartments and starts from $1,125.

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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