
Cheap Homes for Rent in Palmetto Bay, FL from $1,200 (56 Rentals)
Search the lowest-cost Homes available for rent right now in Palmetto Bay.


21133 SW 85th Ave, Unit 302, Unit 302

11631 SW 179th Terrace

8200 SW 210th St, Unit 113, Unit 113

19353 SW 103rd Ct

17255 SW 95th Ave

8360 SW 122nd St, Unit 1, Unit 1

14500 SW 88th Ave

19715 SW 114th Ave

8240 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.

8701 SW 141st St, Unit B2, Unit B2

19751 SW 114th Ave

11307 SW 200th St, Unit 313B, Unit 313B

19841 SW 114th Ave

9108 SW 137th Ter

8580 SW 212th St, Unit 304, Unit 304

11309 SW 200th St, Unit 103C, Unit 103C

8260 SW 210th St

19741 SW 114th Ave

8600 SW 212th St, Unit 207, Unit 207
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.

19825 SW 114th Ave

8200 SW 210th St, Unit 102, Unit 102

13714 SW 90th Ave

19729 SW 114th Ave

19805 SW 114th Ave

19791 SW 114th Ave

8701 SW 141st St

19771 SW 114th Ave

8260 SW 210th St, Unit 301, Unit 301

8267 SW 128th St
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.

14500 SW 88th Ave, Unit 217, Unit 217

11470 SW 180th St

8500 SW 212th St

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

11309 SW 200th St

8277 SW 128th St

19821 SW 114th Ave

8200 SW 210th St

15385 S Dixie Hwy

13730 SW 90th Ave
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.

16924 SW 112th Ct

9760 SW 184th St

11260 SW 172nd St

15389 S Dixie Hwy

11260 SW 172nd St

15061 S Dixie Hwy, Unit 1103, Unit 1103

13726 SW 90th Ave

11620 SW 179th Terrace

10601 SW 184th St

11307 SW 200th St
Miami Unfiltered: A Born-and-Raised Local Experts Guide to Where Locals Love to Live
Miami is huge! Explore the best places to live, from booming Miami Gardens and North Miami to trendy Brickell and Little Havana, with a true local's expert advice.
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 | $2,353 | $1,700 | $7,700 |
| Palmetto Bay 3 Bedroom Homes for Rent | $4,193 | $2,200 | $10,000+ |
| Palmetto Bay 4 Bedroom Homes for Rent | $7,178 | $2,600 | $10,000+ |
| Palmetto Bay 5 Bedroom Homes for Rent | $10,623 | $3,800 | $10,000+ |
| Palmetto Bay 6 Bedroom Homes for Rent | $17,535 | $5,000 | $10,000+ |
| Palmetto Bay 7 Bedroom Homes for Rent | $42,500 | $10,000 | $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 $1,092. 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 |
|---|---|---|---|
| Cabana Club | 1 Bedroom | 1BR,1BA | $1,092 |
| Caribbean Village-Senior Living 55+ | 1 Bed, 1 bath | 1BR,1BA | $1,319 |
| Palmetto Golf Club Apartments | 1 Bedroom | 1BR,1BA | $1,665 |
| Cutler Gardens Apartments | Pine | 1BR,1BA | $1,800 |
| Bay Village1 | Sassa | Studio,1BA | $1,813 |
| Residences at The Falls | Tile | 1BR,1BA | $1,850 |
| Bay Pointe Apartments | A1 | 1BR,1BA | $1,950 |
| Village at Coral Reef | A1A | 1BR,1BA | $1,999 |
Best Value Apartments for Rent in Palmetto Bay, FL
As of April 17, 2026 the best value apartment in the Palmetto Bay area is the $2.15 price per square foot Aria Model at The Addison in Palmetto Bay in the in the Rockdale neighborhood starting from $4,510. 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 | Aria | 4BR,3.5BA | $2.15 |
| 10541 SW 184th St | 10541 SW 184th St | 3BR,1BA | $1.89 |
| Adrian Builders at Eureka | C | 2BR,2BA | $2.46 |
| Residences at The Falls | Porcelain | 2BR,1BA | $2.56 |
| 11050 Southwest 196th Street, Unit Unit 103 | 11050 Southwest 196th Street | 2BR,2BA | $2.41 |
| 10271 SW 182nd St, Unit 2 | 10271 SW 182nd St | 2BR,1BA | $2.75 |
| Caribbean Village-Senior Living 55+ | 1 Bed, 1 bath | 1BR,1BA | $1.79 |
| Cabana Club | 1 Bedroom | 1BR,1BA | $1.70 |
| Cutler Gardens Apartments | Pine | 1BR,1BA | $2.83 |
| Palmetto Golf Club Apartments | 1 Bedroom | 1BR,1BA | $2.64 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 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 123 Apartments for Rent in Palmetto Bay, FL with pricing that ranges from $1,150 to $4,950. There are also 273 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palmetto Bay ranging from $1,200 to $45,000.
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 $1,200 to $45,000 with an average monthly rent of $14,248.
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 $1,870 to $4,472, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $14,000. Four Bedroom Single-Family rentals are also available starting from $2,600 and Four Bedroom Apartments start at $4,500.
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

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.