Cheap Homes for Rent in Watson Island Neighborhood of Miami, FL from $1,200 (137 Rentals)

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

property at 546 SW 1st St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom, 1 Bath Condo for Rent

Available Now

546 SW 1st St, Unit 607

546 SW 1st St
MiamiFL33130
property at 1200 Brickell Bay Dr

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

1 Bedroom, 1 Bath Condo for Rent

Available Now

1200 Brickell Bay Dr, Unit 2803

1200 Brickell Bay Dr
MiamiFL33131
property at 1710 NW 1st Ct

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

1 Bedroom, 1 Bath Condo for Rent

Available Now

1710 NW 1st Ct, Unit 13

1710 NW 1st Ct
MiamiFL33136

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property at 450 SW 3rd St

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

1 Bedroom, 1.5 Bath Condo for Rent

Available Now

450 SW 3rd St, Unit 11

450 SW 3rd St
MiamiFL33130
property at 777 NW 1st St

$1,875

Total Monthly Price

Total Monthly Price

Base Rent
$1,875

Total Monthly Price
$1,875

Studio, 1 Bath Condo for Rent

Available Now

777 NW 1st St, Unit 1103

777 NW 1st St
MiamiFL33128
property at 229 NW 30th St

$1,891

Total Monthly Price

Total Monthly Price

Base Rent
$1,891

Total Monthly Price
$1,891

Studio, 1 Bath Condo for Rent

Available Now

229 NW 30th St, Unit S12

229 NW 30th St
MiamiFL33127
property at 999 Brickell Bay Dr

$1,900 - $3,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,900 - $3,500

Total Monthly Price
$1,900 - $3,500

Studio To 2 Bedroom Condos for Rent

Available Now

property at 413 NW 6th St

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

Studio, 1 Bath Condo for Rent

Available Now

413 NW 6th St, Unit A

413 NW 6th St
MiamiFL33136
property at 150 SW 10th St

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

Studio, 1 Bath Condo for Rent

Available Now

150 SW 10th St, Unit 3

150 SW 10th St
MiamiFL33130
property at 437 SW 7th St

$1,900 - $2,050

1 To 2 Bedroom Rentals

Available Now

437 SW 7th St

MiamiFL33130

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property at 520 NE 38th St

$1,900 - $2,400

1 To 2 Bedroom Rentals

Available Now

520 NE 38th St

MiamiFL33137
property at 36 NW 32nd St

$1,919

Total Monthly Price

Total Monthly Price

Base Rent
$1,919

Total Monthly Price
$1,919

Studio, 0.5 Bath Condo for Rent

Available Now

36 NW 32nd St, Unit B02

36 NW 32nd St
MiamiFL33127
property at 650 SW 1st St

$1,940

Total Monthly Price

Total Monthly Price

Base Rent
$1,940

Total Monthly Price
$1,940

Studio, 1 Bath Condo for Rent

Available Now

650 SW 1st St

MiamiFL33130
property at 1930 NW 1st Pl

$1,949

Total Monthly Price

Total Monthly Price

Base Rent
$1,949

Total Monthly Price
$1,949

Studio, 1 Bath Condo for Rent

Available Now

1930 NW 1st Pl, Unit S13

1930 NW 1st Pl
MiamiFL33136
property at 617 SW 11th St

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950

1 Bedroom, 1 Bath Condo for Rent

Available Apr 1

617 SW 11th St, Unit 14

617 SW 11th St
MiamiFL33129
property at 244 Biscayne Blvd

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950

Studio, 1 Bath Condo for Rent

Available Apr 10

244 Biscayne Blvd, Unit 3305

244 Biscayne Blvd
MiamiFL33132

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property at 151 SE 1st St

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950

Studio, 1 Bath Condo for Rent

Available Mar 31

151 SE 1st St, Unit 506

151 SE 1st St
MiamiFL33131
property at 60 NW 31st St

$1,952

Total Monthly Price

Total Monthly Price

Base Rent
$1,952

Total Monthly Price
$1,952

Studio, 1 Bath Condo for Rent

Available Now

60 NW 31st St, Unit S18

60 NW 31st St
MiamiFL33127
property at 138 NE 23rd St

$1,952

Total Monthly Price

Total Monthly Price

Base Rent
$1,952

Total Monthly Price
$1,952

Studio, 1 Bath Condo for Rent

Available Now

138 NE 23rd St, Unit B1

138 NE 23rd St
MiamiFL33137
property at 105 NE 25th St

$1,985

Total Monthly Price

Total Monthly Price

Base Rent
$1,985

Total Monthly Price
$1,985

Studio, 1 Bath Condo for Rent

Available Now

105 NE 25th St, Unit S2

105 NE 25th St
MiamiFL33137
property at 353 NW 32nd St

$1,989

Total Monthly Price

Total Monthly Price

Base Rent
$1,989

Total Monthly Price
$1,989

Studio, 1 Bath Condo for Rent

Available Now

353 NW 32nd St, Unit S5

353 NW 32nd St
MiamiFL33127
property at 275 NW 26th St

$1,990

Total Monthly Price

Total Monthly Price

Base Rent
$1,990

Total Monthly Price
$1,990

Studio, 1 Bath Condo for Rent

Available Now

275 NW 26th St, Unit S1

275 NW 26th St
MiamiFL33127
property at 234 NE 3rd St

$1,990 - $4,000

Studio To 2 Bedroom Rentals

Available Now

234 NE 3rd St

MiamiFL33132
property at 30 NW 31st St

$1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995

Studio, 1 Bath Condo for Rent

Available Now

30 NW 31st St, Unit S1

30 NW 31st St
MiamiFL33127

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property at 102 NW 30th St

$1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995

Studio, 1 Bath Condo for Rent

Available Now

102 NW 30th St, Unit B2

102 NW 30th St
MiamiFL33127
property at 153 NW 31st St

$1,999

Total Monthly Price

Total Monthly Price

Base Rent
$1,999

Total Monthly Price
$1,999

Studio, 1 Bath Condo for Rent

Available Now

153 NW 31st St, Unit S

153 NW 31st St
MiamiFL33127
property at 275 NE 18th St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

Studio, 1 Bath Condo for Rent

Available Now

275 NE 18th St

MiamiFL33132
property at 133 NE 2nd Ave

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

1 Bedroom, 1 Bath Condo for Rent

Available Now

133 NE 2nd Ave, Unit 911

133 NE 2nd Ave
MiamiFL33132
property at 101 E Flagler St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

1 Bedroom, 1 Bath Condo for Rent

Available Now

101 E Flagler St, Unit 707

101 E Flagler St
MiamiFL33131
property at 850 N Miami Ave

$2,000 - $3,000

1 To 2 Bedroom Rentals

Available Now

850 N Miami Ave

MiamiFL33136
property at 525 SW 4th Ave

$2,043

Total Monthly Price

Total Monthly Price

Base Rent
$2,043

Total Monthly Price
$2,043

Studio, 1 Bath Condo for Rent

Available Now

525 SW 4th Ave, Unit S1

525 SW 4th Ave
MiamiFL33130
property at 390 NW 27th St

$2,050

Total Monthly Price

Total Monthly Price

Base Rent
$2,050

Total Monthly Price
$2,050

Studio, 1 Bath Condo for Rent

Available Now

390 NW 27th St, Unit S2

390 NW 27th St
MiamiFL33127

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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. 1718 NW 2nd Ct has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,195. 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
1718 NW 2nd Ct1 bedroom1BR,1BA$1,195
Casa Mariana1/11BR,1BA$1,200
Sawyer’s WalkTwo Bedroom2BR,2BA$1,333
160 NW 11th Ter1BR/1.0BA1BR,1BA$1,350
542 SW 3rd StStudioStudio,1BA$1,395
Miami CentralMC-A1BR,1BA$1,400
Miami Central ApartmentsMC-A1BR,1BA$1,400

Best Value Apartments for Rent in Watson Island, FL

As of March 23, 2026 the best value apartment in the Watson Island area is the $0.20 price per square foot 1 bedroom Model at 1718 NW 2nd Ct in the in the Downtown Miami neighborhood starting from $1,195. The second greatest value Watson Island apartment is the 186 NW 13th St Model at 186 NW 13th St, Unit B2 starting at $2,900 with a $1.53 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.
1718 NW 2nd Ct1 bedroom1BR,1BA$0.20
186 NW 13th St, Unit B2186 NW 13th St2BR,2BA$1.53
Casa Mariana1/11BR,1BA$1.20
Sawyer’s WalkTwo Bedroom2BR,2BA$1.33
529 SW 4th St2BR/1.0BA2BR,1BA$2.10
241 NE 27th St, Unit A1241 NE 27th St1BR,1BA$2.47
1540 NW 1st Ct2BR/1.0BA2BR,1BA$2.09
535 SW 4th St, Unit 1535 SW 4th StStudio ,1BA$1.65
Manhattan IIMC-A1BR,1BA$1.90
New Arena Square Apartments1Bed 1Bath1BR,1BA$1.29

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Student Living Made Easy: Great Miami Neighborhoods to Rent Near Campus

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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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Frequently Asked Questions about Watson Island

What type of rentals are currently available in Watson Island?

There are currently 1342 Apartments for Rent in Watson Island, FL with pricing that ranges from $950 to $50,000. There are also 1484 Single Family Homes for rent, Condos, and Townhome rentals currently available in Watson Island ranging from $1,200 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 $1,200 to $100,000 with an average monthly rent of $33,732.

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 $1,070 to $19,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $40,000. Four Bedroom Single-Family rentals are also available starting from $4,200 and Four Bedroom Apartments start at $1,070.

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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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.

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

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