
Cheap Homes for Rent in Palmetto Bay, FL from $1,400 (46 Rentals)
Search the lowest-cost Homes available for rent right now in Palmetto Bay.


10011 SW 164th Terrace, Unit 2

11470 SW 180th St

8200 SW 210th St, Unit 113

17255 SW 95th Ave

8260 SW 210th St

19805 SW 114th Ave

8600 SW 212th St, Unit 207

8200 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.

19715 SW 114th Ave

8240 SW 210th St

8701 SW 141st St

11060 SW 196th St

19841 SW 114th Ave

9108 SW 137th Ter

21000 SW 87th Ave

8240 SW 210th St, Unit 111

8500 SW 212th 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.

13714 SW 90th Ave

21121 SW 85th Ave, Unit The Cove at Cutler Bay

8200 SW 210th St, Unit 102

19791 SW 114th Ave

9760 SW 184th St

8260 SW 210th St, Unit 301

8267 SW 128th St

19751 SW 114th Ave, Unit 347

14500 SW 88th Ave
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.

14500 SW 88th Ave, Unit 217

15385 S Dixie Hwy

17727 SW 103rd Ave

19729 SW 114th Ave

8580 SW 212th St, Unit 303

16924 SW 112th Ct

8261 SW 128th St

18772 SW 100th Ave

11309 SW 200th 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.

11455 SW 82nd Ave

13726 SW 90th Ave

10601 SW 184th St

15629 SW 73rd St

13120 SW 92nd Ave

8620 SW 212th St

15391 S Dixie Hwy

21133 SW 85th Ave

8590 SW 212th St
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.

15832 SW 91st Ct
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 | $2,483 | $1,550 | $7,700 |
| Palmetto Bay 3 Bedroom Homes for Rent | $4,337 | $1,950 | $10,000+ |
| Palmetto Bay 4 Bedroom Homes for Rent | $8,132 | $2,700 | $10,000+ |
| Palmetto Bay 5 Bedroom Homes for Rent | $11,049 | $3,900 | $10,000+ |
| Palmetto Bay 6 Bedroom Homes for Rent | $16,814 | $5,000 | $10,000+ |
| Palmetto Bay 7 Bedroom Homes for Rent | $65,000 | $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 Studio unit found at Carib Villas Apartments in the Outer Homestead South Dade neighborhood priced from $1,300. Caribbean Village 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 | 1 Bed, 1 bath | 1BR,1BA | $1,319 |
| Palmetto Golf Club Apartments | 1 Bedroom | 1BR,1BA | $1,715 |
| Cutler Gardens Apartments | Pine | 1BR,1BA | $1,800 |
| Bay Village1 | Stellan | Studio,1BA | $1,845 |
| Residences at The Falls | Tile | 1BR,1BA | $1,850 |
Best Value Apartments for Rent in Palmetto Bay, FL
As of June 01, 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 Alina Model at The Addison in Palmetto Bay starting at $3,271 with a $2.01 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 | Alina | 2BR,2.5BA | $2.01 |
| 9700 SW 161st St, Unit 97 | 9700 SW 161st St | 2BR,1BA | $1.80 |
| Adrian Builders at Eureka | C | 2BR,2BA | $2.46 |
| Residences at The Falls | Laminate | 1BR,1BA | $2.38 |
| Caribbean Village | 1 Bed, 1 bath | 1BR,1BA | $1.79 |
| Cutler Gardens Apartments | Pine | 1BR,1BA | $2.83 |
| Palmetto Golf Club Apartments | 1 Bedroom | 1BR,1BA | $2.72 |
| 10375 SW 152nd Ter, Unit A | 10375 SW 152nd Ter | 1BR,1BA | $2.23 |
| 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 Palmetto Bay
What type of rentals are currently available in Palmetto Bay?
There are currently 120 Apartments for Rent in Palmetto Bay, FL with pricing that ranges from $1,100 to $4,950. There are also 246 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palmetto Bay ranging from $1,449 to $65,000.
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 $1,449 to $65,000 with an average monthly rent of $15,662.
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 $15,000. Four Bedroom Single-Family rentals are also available starting from $2,700 and Four Bedroom Apartments start at $4,150.
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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.