
Cheap Homes for Rent in North Bay Island Neighborhood of North Bay Village, FL from $1,200 (62 Rentals)
Search the lowest-cost Homes available for rent right now in the North Bay Island area of North Bay Village.


427 NE 107th St

660 NE 88th Terrace

347 NE 110th St

1207 Marseille Dr

631 NE 72nd Terrace

645 NE 77th St

1790 79th Street Causeway

1251 NE 108th St

7545 E Treasure Dr
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.

2114 Biarritz Dr

2170 Bay Dr

7851 Dunham Blvd

1800 79th Street Causeway

7841 Dunham Blvd, Unit 1, Unit 1

725 NE 91st St

1801 S Treasure Dr, Unit 324, Unit 324

755 NE 91st St

1801 S Treasure Dr, Unit 504, Unit 504

7207 Bay Dr
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.

1990 Marseille Dr

2150 Bay Dr

1801 S Treasure Dr

551 NE 62nd St

1865 79th Street Causeway, Unit 2L, Unit 2L

8950 NE 8th Ave, Unit 503, Unit 503

1780 79th Street Causeway

631 NE 72nd Terrace, Unit 5

7885 Crespi Blvd

7920 East Dr
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.

2160 Bay Dr

740 84th St

320 85th St

800 85th St, Unit 810

1203 Marseille Dr, Unit 1203 Marseille Dr.Unit 21, Unit 1203 Marseille Dr.Unit 21

17021 N Bay Rd, Unit 316, Unit 316

650 NE 61st St

424 NE 82nd St

805 81st St, Unit 2

1801 S Treasure Dr
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.

7801 NE 4th Ct

1289 Marseille Dr

770 NE 69th St

2250 Bay Dr

650 NE 64th St

9160 NE 8th Ave

6881 Bay Dr

515 NE 82nd St, Unit SI FL1-ID1022249P

7722 NE 3rd Ct

750 84th 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.
North Bay Island, North Bay Village, FL Local Guide

How much does it cost to rent a home in North Bay Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| North Bay Island 2 Bedroom Homes for Rent | $4,747 | $1,900 | $10,000+ |
| North Bay Island 3 Bedroom Homes for Rent | $8,358 | $2,300 | $10,000+ |
| North Bay Island 4 Bedroom Homes for Rent | $19,315 | $4,400 | $10,000+ |
| North Bay Island 5 Bedroom Homes for Rent | $32,000 | $6,000 | $10,000+ |
| North Bay Island 6 Bedroom Homes for Rent | $33,455 | $10,000 | $10,000+ |
| North Bay Island 7 Bedroom Homes for Rent | $51,666 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 62 rentals with your search options within a 2 mile radius of the North Bay Island Neighborhood of North Bay Village, FL.
Explore North Bay Village
Cheapest Available North Bay Island Apartments for Rent
 The cheapest available apartment rental in the North Bay Island area of Miami, FL is a Studio unit found at The Boutique Apartments priced from $1,500. 7143 Bonita Dr has the second lowest priced unit, which is a Studio apartment currently listed from $1,550. Here are the most affordable North Bay Island apartments for rent in Miami, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Boutique Apartments | 0BR/1.0BA | Studio,1BA | $1,500 |
| 7143 Bonita Dr | Studio-small | Studio,1BA | $1,550 |
| Cielo Miami Beach Apartments | One Bedroom | 1BR,1BA | $1,600 |
| Miami Shores Luxury Apartments | 1 Bedroom | 1BR,1BA | $1,799 |
| Marine Plaza Apartments | 1 BED 1 BATH | 1BR,1BA | $1,800 |
| Harbor West Apartments | STUDIO | Studio,1BA | $1,850 |
| Rue Granville Apartments | 1 BED 1 BATH | 1BR,1BA | $1,900 |
| Marseille | 0BR/1.0BA | Studio,1BA | $1,950 |
Best Value Apartments for Rent in North Bay Island, FL
As of April 24, 2026 the best value apartment in the North Bay Island area is the $1.60 price per square foot 1588 NE 110th St Model at 1588 NE 110th St, Unit 1 in the in the San Souci Estates neighborhood starting from $2,400. The second greatest value North Bay Island apartment is the 3 Beds, 2 baths Model at 940 NE 85th St starting at $3,995 with a $2.71 price per square foot in the Little River neighborhood. Here is today’s list of the best values for North Bay Island apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1588 NE 110th St, Unit 1 | 1588 NE 110th St | 2BR,1BA | $1.60 |
| 940 NE 85th St | 3 Beds, 2 baths | 3BR,2BA | $2.71 |
| 500 NE 62nd St | 500 NE 62nd St | 2BR,1.5BA | $2.17 |
| 501 NE 70th St, Unit 1 | 501 NE 70th St | 3BR,2BA | $2.50 |
| 744 85th St, Unit 3 | 744 85th St | 2BR,1BA | $2.39 |
| Cielo Miami Beach Apartments | One Bedroom | 1BR,1BA | $1.88 |
| The Corridor | B1 West | 2BR,2BA | $2.80 |
| Marine Plaza Apartments | 1 BED 1 BATH | 1BR,1BA | $2.43 |
| Miami Shores Luxury Apartments | 1 Bedroom | 1BR,1BA | $2.48 |
| Rue Granville Apartments | 1 BED 1 BATH | 1BR,1BA | $3.18 |
Frequently Asked Questions about North Bay Island
What type of rentals are currently available in North Bay Island?
There are currently 827 Apartments for Rent in North Bay Island, FL with pricing that ranges from $1,150 to $18,116. There are also 340 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Bay Island ranging from $1,250 to $95,000.
What is the current price range for Rental Homes in North Bay Island?
Today's rental pricing for Homes for Rent, Condos and Townhomes in North Bay Island ranges from $1,250 to $95,000 with an average monthly rent of $19,160.
How much are larger Three and Four Bedroom Rentals in North Bay Island?
For those who are looking for larger living arrangements, Three Bedroom Apartments in North Bay Island range from $2,750 to $10,615, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,300 to $37,000. Four Bedroom Single-Family rentals are also available starting from $4,400 and Four Bedroom Apartments start at $3,000.
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

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.

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.