
Cheap Homes for Rent in Palmetto Bay, FL from $1,500 (42 Rentals)
Search the lowest-cost Homes available for rent right now in Palmetto Bay.


19353 SW 103rd Ct

8240 SW 210th St

17255 SW 95th Ave

9760 SW 184th St

8701 SW 141st St

19729 SW 114th Ave

8260 SW 210th 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.

10591 SW 171st St

19841 SW 114th Ave

19791 SW 114th Ave

14500 SW 88th Ave

8500 SW 212th St, Unit 307

8500 SW 212th St

11309 SW 200th St, Unit 306

15431 SW 101st Ave
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.

13714 SW 90th Ave

8200 SW 210th St, Unit 102

8267 SW 128th St

19851 SW 114th Ave

9100 SW 137th Ter

13716 SW 90th Ave, Unit G

11060 SW 196th St

14500 SW 88th Ave, Unit VILLAGIO AT PALMETTO BAY
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.

17727 SW 103rd Ave

13120 SW 92nd Ave

8200 SW 210th St

11050 SW 196th St

10622 SW 174th Terrace

16601 SW 83rd Ct

19800 SW 103rd Ct, Unit 108

15389 S Dixie Hwy, Unit 34
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.

13890 SW 90th Ave, Unit HH107

11307 SW 200th St, Unit B211

11309 SW 200th St

11455 SW 82nd Ave

8277 SW 128th St, Unit Sunrise Point in Pinecres

13726 SW 90th Ave

15391 S Dixie Hwy

13872 SW 90th Ave
Beyond Miami: Nearby Cities That Make Renting in South Florida Easier
Searching for apartments in South Florida? Go beyond Miami with our local expert guide to Fort Lauderdale, Hollywood, Doral, and more. Compare options to find your fit.

21100 SW 87th Ave

8590 SW 212th St
Palmetto Bay, FL Local Guide

How much does it cost to rent a home in Palmetto Bay?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Palmetto Bay 2 Bedroom Homes for Rent | $2,468 | $1,675 | $7,200 |
| Palmetto Bay 3 Bedroom Homes for Rent | $4,134 | $1,950 | $10,000+ |
| Palmetto Bay 4 Bedroom Homes for Rent | $8,087 | $2,695 | $10,000+ |
| Palmetto Bay 5 Bedroom Homes for Rent | $11,903 | $4,400 | $10,000+ |
| Palmetto Bay 6 Bedroom Homes for Rent | $20,499 | $5,500 | $10,000+ |
Browse Top Homes for Rent in Palmetto Bay
Explore 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 1 Bed unit found at Cabana Club in the Outer Homestead South Dade neighborhood priced from $1,207. Carib Villas Apartments in the Outer Homestead South Dade neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,300. Here is today’s list of the most affordable Palmetto Bay apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cabana Club | 1 Bedroom | 1BR,1BA | $1,207 |
| Carib Villas Apartments | STUDIO | Studio,1BA | $1,300 |
| Caribbean Village | 1 Bed, 1 bath | 1BR,1BA | $1,319 |
| Sol Vista- 62+ | A1.1 | 1BR,1BA | $1,455 |
| Ram Cutler Bay LLC | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,572 |
| Perrine Village | Studio | Studio,1BA | $1,596 |
| Palmetto Golf Club Apartments | 1 Bedroom | 1BR,1BA | $1,715 |
| Cutler Gardens Apartments | Pine | 1BR,1BA | $1,800 |
| Bay Village1 | Avalon | 1BR,1BA | $1,830 |
Best Value Apartments for Rent in Palmetto Bay, FL
As of July 16, 2026 the best value apartment in the Palmetto Bay area is the $1.96 price per square foot Alina Model at The Addison in Palmetto Bay in the in the Rockdale neighborhood starting from $3,199. The second greatest value Palmetto Bay apartment is the 10541 SW 184th St Model at 10541 SW 184th St starting at $2,500 with a $1.89 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. |
|---|---|---|---|
| The Addison in Palmetto Bay | Alina | 2BR,2.5BA | $1.96 |
| 10541 SW 184th St | 10541 SW 184th St | 3BR,1BA | $1.89 |
| Vistas Palmetto Bay | B.510 | 2BR,2BA | $2.71 |
| Residences at The Falls | Porcelain | 2BR,1BA | $2.56 |
| 8735 SW 122nd St, Unit Pool house | 8735 SW 122nd St | 1BR,1BA | $2.69 |
| Cabana Club | 2 Bedroom | 2BR,1BA | $2.38 |
| Palmetto Golf Club Apartments | 1 Bedroom | 1BR,1BA | $2.72 |
| Sol Vista- 62+ | A1.1 | 1BR,1BA | $2.31 |
| Ram Cutler Bay LLC | 1 Bedroom, 1 Bathroom | 1BR,1BA | $2.52 |
| Caribbean Village | 1 Bed, 1 bath | 1BR,1BA | $2.30 |
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 Palmetto Bay
What type of rentals are currently available in Palmetto Bay?
There are currently 115 Apartments for Rent in Palmetto Bay, FL with pricing that ranges from $1,000 to $4,950. There are also 245 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palmetto Bay ranging from $1,500 to $38,000.
What is the current price range for Rental Homes in Palmetto Bay?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Palmetto Bay ranges from $1,500 to $38,000 with an average monthly rent of $7,220.
How much are larger Three and Four Bedroom Rentals in Palmetto Bay?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Palmetto Bay range from $1,670 to $4,225, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $12,500. Four Bedroom Single-Family rentals are also available starting from $2,695 and Four Bedroom Apartments start at $2,695.
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.