
Cheap Apartments for Rent in the Watson Island Neighborhood of Miami, FL from $700 (110 Rentals)
Search the lowest-cost Apartments available for rent right now in the Watson Island area of Miami.


Gallery on the River

Culmer Place

1720 NW 1st Pl

Father Marquess - Barry Apartments

430 SW 6th Ave

410 NW 36th St, Unit 4

Total Monthly Price
261 NW 35th St, Unit 5

1560 NW 1st Ct

Sawyer’s Walk
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.

172 NW 12th St

1815 NW 1st Ct

542 SW 3rd St

467 NW 8th St

625 SW 5th Ave

118 NW 24th St

1740 NW 1st Pl

542 NW 8th St

Miami Central

Total Monthly Price
535 SW 4th St, Unit 1
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.

1317 NW 2nd Ave

1756 NW 2nd Ct

535 NW 7th St

708 NW 4th Ave

1950 NW 2nd Ct

1801 NW 2nd Ct

3333 NW 5th Ave

236 NE 28th St

365 NW 8th St

501 SW 6th Ct
Miami Unfiltered: A Born-and-Raised Local Experts Guide to Where Locals Love to Live
Miami is huge! Explore the best places to live, from booming Miami Gardens and North Miami to trendy Brickell and Little Havana, with a true local's expert advice.

444-542 SW 3rd St

Camelot Court

527 SW 10th St

540 NW 7th St

1600 NW 4th Ave

Studios on 3rd

361 SW 20th Rd

Grand Station

123 NW 14th St

458 SW 9th St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

479 SW 3rd St

401 SW 10th St

245 NE 33rd St

2601 NW 1st Ave

Opera Tower

1948 NW 2nd Ct

1710 NW 1st Ct

437 NE 30th St

520 SW 6th St

650 SW 1st St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Watson Island, Miami, FL Local Guide

How much does it cost to rent an apartment in Watson Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Watson Island Studio Apartments | $2,542 | $1,232 | $7,042 |
| Watson Island 1 Bedroom Apartments | $3,318 | $950 | $10,000+ |
| Watson Island 2 Bedroom Apartments | $4,152 | $1,100 | $10,000+ |
| Watson Island 3 Bedroom Apartments | $5,775 | $1,700 | $10,000+ |
| Watson Island 4 Bedroom Apartments | $19,628 | $6,019 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 110 rentals with your search options within a 2 mile radius of the Watson Island Neighborhood of Miami, FL.
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Watson Island, Miami, FL Local Guide
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Cheapest Available Watson Island Apartments for Rent
 The cheapest available apartment rental in the Watson Island area of Miami, FL is a Studio unit found at Culmer Place priced from $1,232. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Culmer Place | Studio | Studio,1BA | $1,232 |
| Sawyer’s Walk | Two Bedroom | 2BR,2BA | $1,333 |
| Discover Comfort and Convenience in Our 1-Bedroom Apartment | 1BR/1.0BA | 1BR,1BA | $1,350 |
| 542 SW 3rd St | Studio | Studio,1BA | $1,400 |
| 15 PLEX Property | 1BR/1.0BA | 1BR,1BA | $1,475 |
| Father Marquess - Barry Apartments | 2/2 Bedroom | 2BR,2BA | $1,533 |
| Studios on 3rd | F | Studio,1BA | $1,700 |
Best Value Apartments for Rent in Watson Island, FL
As of February 13, 2026 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 186 NW 13th St, Unit B2 | 186 NW 13th St | 2BR,2BA | $1.53 |
| 137 NW 30th St, Unit C1 | 137 NW 30th St | 2BR,2BA | $2.51 |
| 133 NE 2nd Ave Unit 3206 | 2 Bedroom | 2BR,2BA | $2.55 |
| Sawyer’s Walk | Two Bedroom | 2BR,2BA | $1.33 |
| Father Marquess - Barry Apartments | 2/2 Bedroom | 2BR,2BA | $1.56 |
| 241 NE 27th St, Unit A1 | 241 NE 27th St | 1BR,1BA | $2.47 |
| 535 SW 4th St, Unit 1 | 535 SW 4th St | 1BR,1BA | $1.76 |
| Otto Apartments | Private Room in Two Bed Two Bath | 1BR,1BA | $1.80 |
| 23 Palms | 1 Bed 1 Bath | 1BR,1BA | $2.60 |
| Aerie Apartments | Private Bedroom in Shared 2Bd Apartment | 1BR,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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleStudent 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
Read ArticleQuick 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.
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 $1,700.
What is the price of a cheap apartment in Watson Island?
The cheapest apartment in Watson Island is Culmer Place which is listed at $1,311, while the average apartment in Watson Island costs $11,246.
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 184 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 $10,885 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

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.

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.

Miami Unfiltered: A Born-and-Raised Guide to Where Locals Love to Live
Written by: Allaire Williams
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.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.