546 SW 1st St, Unit 607
546 SW 1st St
MiamiFL33130
Cheap Homes for Rent in Watson Island Neighborhood of Miami, FL from $1,200 (212 Rentals)
Search the lowest-cost Homes available for rent right now in the Watson Island area of Miami.
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$1,7501 Bedroom Apartments Available Now
1315 NE Miami Ct, Unit Brickell - 1 Bedroom
1315 NE Miami CtMiami, FL 33132
777 NW 1st St, Unit 1103
777 NW 1st St
MiamiFL33128
652 NW 3rd St
MiamiFL33128
1441 Lincoln Rd
Miami BeachFL33139
102 SW 6th Ave
MiamiFL33130
109 NW 6th Ave
MiamiFL33128
637 SW 11th St
MiamiFL33129
437 SW 7th St
MiamiFL33130
1200 Brickell Bay Dr, Unit 2803
1200 Brickell Bay Dr
MiamiFL33131
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.
22901 SW 88th Pl
Cutler BayFL33190
1940 NW 2nd Ct, Unit S1
1940 NW 2nd Ct
MiamiFL33136
253 NE 2nd St
MiamiFL33132
400 SW 2nd St
MiamiFL33130
1200 Brickell Bay Dr, Unit 1910
1200 Brickell Bay Dr
MiamiFL33131
3301 NE 5th Ave, Unit 412
3301 NE 5th Ave
MiamiFL33137
631 SW 11th St, Unit 1W
631 SW 11th St
MiamiFL33129
1900 N Bayshore Dr
MiamiFL33132
36 NE 1st St, Unit 1720
36 NE 1st St
MiamiFL33132
244 Biscayne Blvd, Unit 247
244 Biscayne Blvd
MiamiFL33132
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.
244 Biscayne Blvd
MiamiFL33132
190 NE 26th St, Unit S2
190 NE 26th St
MiamiFL33137
360 NW 24th St, Unit S1
360 NW 24th St
MiamiFL33127
133 NE 2nd Ave, Unit 210
133 NE 2nd Ave
MiamiFL33132
133 NE 2nd Ave, Unit 1710
133 NE 2nd Ave
MiamiFL33132
5960 NE 5th Ct
MiamiFL33137
1408 Brickell Bay Dr, Unit 213
1408 Brickell Bay Dr
MiamiFL33131
133 NE 2nd Ave, Unit 210
133 NE 2nd Ave
MiamiFL33132
1408 Brickell Bay Dr, Unit 213
1408 Brickell Bay Dr
MiamiFL33131
1000 West Ave
Miami BeachFL33139
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
36 NW 6th Ave
MiamiFL33128
111 E Flagler St
MiamiFL33131
555 NE 15th St
MiamiFL33132
905 Brickell Bay Dr
MiamiFL33131
133 NE 2nd Ave, Unit 415
133 NE 2nd Ave
MiamiFL33132
445 SW 11th St, Unit 107
445 SW 11th St
MiamiFL33130
133 NE 2nd Ave, Unit 910
133 NE 2nd Ave
MiamiFL33132
91 NW 26th St, Unit S4
91 NW 26th St
MiamiFL33127
801 Brickell Bay Dr
MiamiFL33131
413 NW 6th St, Unit A
413 NW 6th St
MiamiFL33136
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.
133 NE 2nd Ave, Unit 1215
133 NE 2nd Ave
MiamiFL33132
999 Brickell Bay Dr
MiamiFL33131
905 Brickell Bay Dr, Unit 1521
905 Brickell Bay Dr
MiamiFL33131
133 NE 2nd Ave, Unit 2719
133 NE 2nd Ave
MiamiFL33132
325 S Biscayne Blvd, Unit 2020
325 S Biscayne Blvd
MiamiFL33131
999 Brickell Bay Dr, Unit 1206
999 Brickell Bay Dr
MiamiFL33131
910 SW 4th Ave
MiamiFL33130
115 SW 11th St, Unit 605
115 SW 11th St
MiamiFL33130
185 SW 7th St, Unit 3806
185 SW 7th St
MiamiFL33130
185 SW 7th St, Unit 3806
185 SW 7th St
MiamiFL33130
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Watson Island, Miami, FL Local Guide
How much does it cost to rent a home in Watson Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Watson Island 2 Bedroom Homes for Rent | $5,237 | $1,800 | $10,000+ |
| Watson Island 3 Bedroom Homes for Rent | $9,214 | $2,700 | $10,000+ |
| Watson Island 4 Bedroom Homes for Rent | $22,217 | $3,495 | $10,000+ |
| Watson Island 5 Bedroom Homes for Rent | $48,358 | $4,400 | $10,000+ |
| Watson Island 6 Bedroom Homes for Rent | $67,214 | $10,000 | $10,000+ |
| Watson Island 7 Bedroom Homes for Rent | $13,500 | $10,000 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 212 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 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 $1,175. Here are the most affordable Watson Island apartments for rent in Miami, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| New Arena Square Apartments | 1Bed 1Bath | 1BR,1BA | $950 |
| Otto Apartments | 3/3 | 3BR,3BA | $1,175 |
| Culmer Place | Studio | Studio,1BA | $1,361 |
| Manhattan II | MC-A | 1BR,1BA | $1,399 |
| 448-458 NW 7th St | MC-A | 1BR,1BA | $1,399 |
| Miami Central | MC-A | 1BR,1BA | $1,399 |
| Miami Central Apartments | MC-A | 1BR,1BA | $1,399 |
| 1540 NW 1st Ct | 0BR/1.0BA | Studio,1BA | $1,446 |
Best Value Apartments for Rent in Watson Island, FL
As of June 22, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 740 SW 9th St, Unit 1 | 740 SW 9th St | 1BR,1BA | $1.52 |
| 133 NE 2nd Ave Unit 3206 | 2 Bedroom | 2BR,2BA | $2.55 |
| Porta di Oro Apartments | 2 Bedrooms/2 baths | 2BR,2BA | $2.38 |
| 528 SW 6th St | 2 Bedroom 1 Bathroom | 2BR,1BA | $2.15 |
| 241 NE 27th St, Unit A1 | 241 NE 27th St | 1BR,1BA | $2.47 |
| Brickell West City Rentals | A2 | 1BR,1BA | $2.57 |
| 1540 NW 1st Ct | 2BR/1.0BA | 2BR,1BA | $2.09 |
| Otto Apartments | 3/3 | 3BR,3BA | $1.57 |
| New Arena Square Apartments | 1Bed 1Bath | 1BR,1BA | $1.29 |
| Manhattan II | MC-A | 1BR,1BA | $1.90 |
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 Article
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
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
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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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Best Local Schools in Watson Island, Miami, FL
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Frequently Asked Questions about Watson Island
What type of rentals are currently available in Watson Island?
There are currently 1251 Apartments for Rent in Watson Island, FL with pricing that ranges from $950 to $50,000. There are also 1406 Single Family Homes for rent, Condos, and Townhome rentals currently available in Watson Island ranging from $1,250 to $100,000.
What is the current price range for Rental Homes in Watson Island?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Watson Island ranges from $1,250 to $100,000 with an average monthly rent of $30,236.
How much are larger Three and Four Bedroom Rentals in Watson Island?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Watson Island range from $1,175 to $19,134, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,700 to $40,000. Four Bedroom Single-Family rentals are also available starting from $3,495 and Four Bedroom Apartments start at $6,019.
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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