
Cheap Studio Apartments for Rent in the Watson Island Neighborhood of Miami, FL from $1,200 (27 Rentals)


Culmer Place

730 SW 10th St

542 SW 3rd St

226 SW 6th Ave

Camelot Court
Genius Ideas and Studio Layout Tips That Maximize Every Square Inch
Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

Grand Station

Opera Tower

Arte Grand Central

141 NE 2nd St, Unit 900

Total Monthly Price
169 NW 26th St, Unit A2
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

Total Monthly Price
190 NW 27th St, Unit A4

Atlantic Square

404 NE 27th St

2211 SW 3rd Ave

Labre Place

540 NW 7th St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

1540 NW 1st Ct

St. John Plaza

444-542 SW 3rd Street

223 NW 12th St

Vizcayne

Studios on 3rd
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.

1060 Brickell

East River Living – Elevated in Little Havana.

1845 Bay Rd
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 | $2,671 | $1,200 | $6,300 |
| Watson Island 1 Bedroom Apartments | $3,402 | $950 | $10,000+ |
| Watson Island 2 Bedroom Apartments | $4,540 | $1,100 | $10,000+ |
| Watson Island 3 Bedroom Apartments | $6,469 | $1,175 | $10,000+ |
| Watson Island 4 Bedroom Apartments | $20,794 | $6,019 | $10,000+ |
| Watson Island 5 Bedroom Apartments | $19,218 | $10,000 | $10,000+ |
Explore Miami
Watson Island, Miami, FL Local Guide
- Nearby Miami neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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 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 ArticleReal 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.
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
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 1540 NW 1st Ct which is listed at $1,150, while the average apartment in Watson Island costs $19,364.
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 51 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 $281 which is $19,083 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.

Where to Live in Miami When You're Not a Tourist
Written by: Allaire Williams
Let's be real - most Miami guides are written for people who think living here means South Beach penthouses and rooftop parties every night. But if you're moving here for work (not Instagram content), you need the real deal.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
