
Cheap Apartments for Rent in Palmetto Bay, FL from $1,000 (104 Rentals)
Search the lowest-cost Apartments available for rent right now in Palmetto Bay.


Palmetto Station

Indigo Palmetto Bay

Vistas Palmetto Bay

9250 SW 168th St

8732 SW 145th St

17255 SW 95th Ave

8701 SW 141st St

15389 S Dixie Hwy

15820 SW 91st Ct
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.

15391 S Dixie Hwy

9001 SW 197th St

Total Monthly Price
9861 SW 164th St, Unit Private apartment, Unit Private apartment

9945 SW 164th Terrace

Total Monthly Price
17820 SW 113th Ave, Unit Eff, Unit Eff

9292 Jamaica Dr

8202 SW 188th Terrace

Paradise Isles Apartments

Cutler Gardens Apartments

9937 SW 194th 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.

Carib Villas Apartments

11510 SW 182nd Terrace

19930 Eagle Nest Rd

Caribbean Village-Senior Living 55+

Cabana Club

Sol Vista- 62+

20221 SW 112th Ct

15831 SW 100th Ct

Quail Roost Station

10040 SW 198th 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.

19353 SW 103rd Ct

10954 SW 157th Terrace

Total Monthly Price
Palmetto Golf Club Apartments

Residences at The Falls

10296 SW 175th St

Bay Village1

10015 SW 170th Terrace

11250 SW 173rd Terrace

11470 SW 180th St

11309 SW 200th St, Unit 303-C, Unit 303-C
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.

Village at Coral Reef

Bay Pointe Apartments

17715 SW 103rd Ave

11050 Southwest 196th Street, Unit Unit 103, Unit Unit 103

13100 SW 92nd Ave, Unit 216, Unit 216

8580 SW 212th St, Unit 303, Unit 303

11455 SW 82nd Ave

11455 SW 82nd Ave

20044 SW 87th Pl

Total Monthly Price
10271 SW 182nd St, Unit 2, Unit 2
Where to Live in Miami When You're Not a Tourist: A Miami Expert's Guide to the Top Neighborhoods Near Major Employers
Moving to Miami for work? Skip South Beach. Get the insider's guide to the best non-touristy neighborhoods, short commutes, and traffic-beating shortcuts for professionals.
Palmetto Bay, FL Local Guide

How much does it cost to rent an apartment in Palmetto Bay?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Palmetto Bay Studio Apartments | $1,511 | $1,000 | $2,111 |
| Cheap Palmetto Bay 1 Bedroom Apartments | $1,926 | $1,100 | $2,754 |
| Cheap Palmetto Bay 2 Bedroom Apartments | $2,615 | $1,584 | $4,080 |
| Cheap Palmetto Bay 3 Bedroom Apartments | $3,231 | $1,670 | $4,279 |
| Cheap Palmetto Bay 4 Bedroom Apartments | $4,598 | $4,250 | $4,950 |
Browse Top Apartments in Palmetto Bay
See all Apartments in Palmetto BayExplore Palmetto Bay
Palmetto Bay, FL Local Guide
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Cheapest Available Palmetto Bay Apartments for Rent
 The cheapest available apartment rental in Palmetto Bay, FL is a Studio unit found at Carib Villas Apartments in the Outer Homestead South Dade neighborhood priced from $1,300. Caribbean Village-Senior Living 55+ in the Outer Homestead South Dade neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,319. Here is today’s list of the most affordable Palmetto Bay apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Carib Villas Apartments | STUDIO | Studio,1BA | $1,300 |
| Caribbean Village-Senior Living 55+ | 1 Bed, 1 bath | 1BR,1BA | $1,319 |
| Cabana Club | 1 Bedroom | 1BR,1BA | $1,325 |
| Palmetto Golf Club Apartments | 1 Bedroom | 1BR,1BA | $1,665 |
| Residences at The Falls | Tile | 1BR,1BA | $1,700 |
| Cutler Gardens Apartments | Pine | 1BR,1BA | $1,800 |
| Bay Village1 | Sassa | Studio,1BA | $1,817 |
| Village at Coral Reef | A1A | 1BR,1BA | $1,905 |
Best Value Apartments for Rent in Palmetto Bay, FL
As of May 08, 2026 the best value apartment in the Palmetto Bay area is the $0.93 price per square foot 9710 SW 161st St Model at 9710 SW 161st St, Unit 2 in the in the Rockdale neighborhood starting from $2,700. The second greatest value Palmetto Bay apartment is the Aria Model at The Addison in Palmetto Bay starting at $4,510 with a $2.15 price per square foot in the Rockdale neighborhood. Here is today’s list of the best values for Palmetto Bay apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 9710 SW 161st St, Unit 2 | 9710 SW 161st St | 2BR,1BA | $0.93 |
| The Addison in Palmetto Bay | Aria | 4BR,3.5BA | $2.15 |
| 9700 SW 161st St, Unit 97 | 9700 SW 161st St | 2BR,1BA | $1.80 |
| Adrian Builders at Eureka | C | 2BR,2BA | $2.46 |
| 11050 Southwest 196th Street, Unit Unit 103 | 11050 Southwest 196th Street | 2BR,2BA | $2.41 |
| Residences at The Falls | Laminate | 1BR,1BA | $2.38 |
| Caribbean Village-Senior Living 55+ | 1 Bed, 1 bath | 1BR,1BA | $1.79 |
| Cabana Club | 1 Bedroom | 1BR,1BA | $2.07 |
| Palmetto Golf Club Apartments | 1 Bedroom | 1BR,1BA | $2.64 |
| 9861 SW 164th St, Unit Private apartment | 9861 SW 164th St | 1BR,1BA | $2.20 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Palmetto Bay, FL Rentals by Map
See the most popular apartments and homes in Palmetto Bay, FL
Frequently Asked Questions about Cheap Palmetto Bay Apartments
What is the Cheapest Studio apartment in Palmetto Bay?
Currently the most affordable Cheap Studio Apartment in Palmetto Bay is at Carib Villas Apartments listed at $1,300.
How much is rent for a Cheap One Bedroom Palmetto Bay Apartment?
The lowest price for a Cheap One Bedroom Palmetto Bay Apartment is $1,319 at Caribbean Village-Senior Living 55+.
What is the lowest price for a Cheap Two Bedroom Palmetto Bay Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Palmetto Bay is starting from $1,584 at Caribbean Village-Senior Living 55+.
What is the most affordable Palmetto Bay Three Bedroom Apartment?
The best deal on a cheap Palmetto Bay Three Bedroom Apartment rental is at Carib Villas Apartments and starts from $1,670.
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.

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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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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.