
Cheap Homes for Rent in Miami, IN from $600 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Miami.


701 E Walnut St

1 E Superior St

371 W 12th St

723 W Jefferson 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.

809 N Webster St

1111 N Philips St

1615 N Courtland Ave

609 W Broadway St

1005 N Lincoln St
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.

2501 N Apperson Way

508-510 W Lordeman St

1411 N Courtland Ave

43012 Keesler Ct

1004 E Dixon St
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.
Miami, IN Local Guide

How much does it cost to rent a home in Miami?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Miami 2 Bedroom Homes for Rent | $899 | $695 | $1,150 |
| Miami 3 Bedroom Homes for Rent | $1,154 | $825 | $1,725 |
| Miami 4 Bedroom Homes for Rent | $1,443 | $1,200 | $1,900 |
Browse Top Homes for Rent in Miami
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Miami, IN Local Guide
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Cheapest Available Miami Apartments for Rent and Nearby
 The cheapest available apartment rental in Miami, IN is a 1 Bed unit found at Apperson Way Apartments priced from $398. The Annex of Kokomo has the second lowest priced unit, which is a 3 Beds apartment currently listed from $550. Here is today’s list of the most affordable Miami apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Apperson Way Apartments | 1 Bedroom | 1BR,1BA | $398 |
| The Annex of Kokomo | 3 bed 3 Bath | 3BR,3BA | $550 |
| Green Town Apartments | One Bd rm | 1BR,1BA | $675 |
| Walnut Manor | STUDIO | Studio,1BA | $699 |
| Turtle Creek Kokomo | Spring | Studio,1BA | $715 |
Best Value Apartments for Rent in Miami, IN and Nearby
As of May 07, 2026 the best value apartment in the Miami area is the $0.71 price per square foot 2 Bedroom Unit Model at Brentwood Greene in the starting from $850. The second greatest value Miami apartment is the 3 Bed 2 Bath Model at Union at Washington starting at $1,017 with a $0.88 price per square foot . Here is today’s list of the best values for Miami apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Brentwood Greene | 2 Bedroom Unit | 2BR,1BA | $0.71 |
| Union at Washington | 3 Bed 2 Bath | 3BR,2BA | $0.88 |
| Winding Brook Apartments | 3 Bedroom Town Home | 3BR,1.5BA | $1.19 |
| Apperson Way Apartments | 3 Bedroom Townhomes | 3BR,2BA | $1.17 |
| Millstone Apartments | 2 bedroom 1 bath | 2BR,1BA | $0.87 |
| Ashbury Apartments | 2 Bedroom - 2nd Level + W/D Hookups | 2BR,1BA | $1.03 |
| Georgetown Apartments | 2BR/1.0BA | 2BR,1BA | $1.19 |
| Fox Acres Apartments | 1 Bed Room | 1BR,1BA | $1.11 |
| The Annex of Kokomo | 2 Bed 2 Bath | 2BR,2BA | $0.80 |
| Pechewa Place | Upstairs 1 Bedroom | 1BR,1BA | $1.22 |
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 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Miami, IN Rentals by Map
See the most popular apartments and homes in Miami, IN
Frequently Asked Questions about Miami
What type of rentals are currently available in Miami?
There are currently 49 Apartments for Rent in Miami, IN with pricing that ranges from $398 to $930,980. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Miami ranging from $600 to $1,900.
What is the current price range for Rental Homes in Miami?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Miami ranges from $600 to $1,900 with an average monthly rent of $1,062.
How much are larger Three and Four Bedroom Rentals in Miami?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Miami range from $550 to $1,695, while Three Bedroom Homes, Condos, and Townhomes for rent range from $825 to $1,725. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $505.
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.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.