Cheap Homes for Rent in Palmetto Bay, FL from $1,300 (41 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in Palmetto Bay.

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.

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.

property at 17255 SW 95th Ave

17255 SW 95th Ave

Palmetto BayFL33157

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.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Miami's Best Affordable Neighborhoods

Learn about Miami and the best places to live with original content written by our Miami, FL Local Expert Kelly Reising

Palmetto Bay, FL Local Guide

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 $1,328. Quail Roost Station in the Rockdale neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,591. Here is today’s list of the most affordable Palmetto Bay apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cabana Club1 Bedroom1BR,1BA$1,328
Quail Roost StationA1Studio,1BA$1,591
Cutler Gardens ApartmentsPine1BR,1BA$1,800
Residences at the FallsAsh1BR,1BA$1,800
Bay Village1SalmaStudio,1BA$1,851
Resia Coral Reef1 Bedroom, 1 Bathroom1BR,1BA$1,930
Bay Pointe ApartmentsA11BR,1BA$1,950
Adrian Builders at Eureka-18305 & 18355A1BR,1BA$1,950
Palmetto StationAntheia1BR,1BA$2,122
Indigo Palmetto BayA2Studio,1BA$2,169

Best Value Apartments for Rent in Palmetto Bay, FL

As of June 11, 2025 the best value apartment in the Palmetto Bay area is the $2.21 price per square foot Alina Model at The Addison in Palmetto Bay | Townhomes in the in the Rockdale neighborhood starting from $3,600. The second greatest value Palmetto Bay apartment is the 9710 SW 161st St Model at 9710 SW 161st St, Unit 9710 starting at $2,200 with a $1.63 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Addison in Palmetto Bay | TownhomesAlina2BR,2BA$2.21
9710 SW 161st St, Unit 97109710 SW 161st St1BR,1BA$1.63
Vistas Palmetto BayB.2092BR,2BA$2.59
Residences at the FallsBirch2BR,1BA$2.29
Bay Village1Ainsley1BR,1BA$3.27
Palmetto StationAntheia1BR,1BA$3.15
Adrian Builders at Eureka-18305 & 18355A1BR,1BA$2.91
Cabana Club1 Bedroom1BR,1BA$2.07
Cutler Gardens ApartmentsPine1BR,1BA$2.83
Quail Roost StationA1Studio ,1BA$3.27

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Palmetto Bay

What type of rentals are currently available in Palmetto Bay?

There are currently 117 Apartments for Rent in Palmetto Bay, FL with pricing that ranges from $1,170 to $5,500. There are also 286 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palmetto Bay ranging from $1,300 to $67,000.

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 $1,300 to $67,000 with an average monthly rent of $9,687.

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 $1,765 to $5,493, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,300 to $17,900. Four Bedroom Single-Family rentals are also available starting from $2,800 and Four Bedroom Apartments start at $3,460.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for The 10 Best Affordable Neighborhoods in Miami, FL article

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.