
Cheap Homes for Rent in Palmetto Bay, FL from $1,200 (42 Rentals)
Search the lowest-cost Homes available for rent right now in Palmetto Bay.


18621 SW 97th Ct

11311 SW 200th St, Unit D104

17255 SW 95th Ave

10397 SW 209th Ln

12450 SW 96th Ct

19353 SW 103rd Ct

9751 Wayne 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.

11631 SW 179th Terrace

8260 SW 210th St

8701 SW 141st St

19751 SW 114th Ave, Unit Point South Unit

19715 SW 114th Ave

14500 SW 88th Ave

19751 SW 114th Ave, Unit 349

19791 SW 114th Ave
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.

8277 SW 128th St

13714 SW 90th Ave

11309 SW 200th St

11309 SW 200th St

19771 SW 114th Ave

8267 SW 128th St

13710 SW 90th Ave

19751 SW 114th Ave
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.

19791 SW 114th Ave

19741 SW 114th Ave

19751 SW 114th Ave

13120 SW 92nd Ave

9760 SW 184th St

11060 SW 196th St

8287 SW 128th St

11301 SW 200th St
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.

19729 SW 114th Ave

8240 SW 210th St

11060 SW 196th St

11050 SW 196th St

19821 SW 114th Ave

17252 SW 112th Pl

8260 SW 210th St

13901 SW 90th Ave
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.

15385 S Dixie Hwy

20930 SW 87th Ave
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 | $2,408 | $1,750 | $7,700 |
| Palmetto Bay 3 Bedroom Homes for Rent | $4,555 | $2,200 | $10,000+ |
| Palmetto Bay 4 Bedroom Homes for Rent | $6,855 | $2,820 | $10,000+ |
| Palmetto Bay 5 Bedroom Homes for Rent | $9,735 | $2,800 | $10,000+ |
| Palmetto Bay 6 Bedroom Homes for Rent | $19,154 | $7,500 | $10,000+ |
| Palmetto Bay 7 Bedroom Homes for Rent | $28,750 | $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 Caribbean Village in the Outer Homestead South Dade neighborhood priced from $1,319. Palmetto Golf Club Apartments in the Rockdale neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,665. Here is today’s list of the most affordable Palmetto Bay apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Caribbean Village | 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 | Stellan | Studio,1BA | $1,807 |
| Village at Coral Reef | A1A | 1BR,1BA | $1,847 |
| Residences at The Falls | Tile | 1BR,1BA | $1,850 |
| Indigo Palmetto Bay | A2 | Studio,1BA | $1,947 |
Best Value Apartments for Rent in Palmetto Bay, FL
As of March 02, 2026 the best value apartment in the Palmetto Bay area is the $2.10 price per square foot Aria Model at The Addison in Palmetto Bay in the in the Rockdale neighborhood starting from $4,410. The second greatest value Palmetto Bay apartment is the 20613 SW 93rd Ave Model at 20613 SW 93rd Ave, Unit 2 starting at $1,790 with a $1.22 price per square foot in the Outer Homestead South Dade 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 | $2.10 |
| 20613 SW 93rd Ave, Unit 2 | 20613 SW 93rd Ave | 1BR,1BA | $1.22 |
| 10541 SW 184th St | 10541 SW 184th St | 3BR,1BA | $1.89 |
| Vistas Palmetto Bay | B.201 | 2BR,2BA | $2.31 |
| Adrian Builders at Eureka | C | 2BR,2BA | $2.26 |
| 11050 Southwest 196th Street, Unit 103 | 11050 Southwest 196th Street | 2BR,2BA | $2.41 |
| Residences at The Falls | European | 1BR,1BA | $2.63 |
| 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 | $2.64 |
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 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 128 Apartments for Rent in Palmetto Bay, FL with pricing that ranges from $1,200 to $10,975. There are also 307 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palmetto Bay ranging from $1,249 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 $1,249 to $45,000 with an average monthly rent of $12,809.
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 $5,972, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $19,800. Four Bedroom Single-Family rentals are also available starting from $2,820 and Four Bedroom Apartments start at $4,410.
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.
Articles, How-To's, and Tips

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.