
Cheap Homes for Rent in Palmetto Bay, FL from $1,150 (57 Rentals)
Search the lowest-cost Homes available for rent right now in Palmetto Bay.


20221 SW 112th Ct

78 Ave 195th Ave, Unit 0

78 ave SW 195th Ave, Unit 0

9990 Marlin Rd

19353 SW 103rd Ct

8200 SW 210th St

19791 SW 114th Ave

19761 SW 114th Ave

8260 SW 210th St
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.

9760 SW 184th St

8701 SW 141st St

14500 SW 88th Ave

19729 SW 114th Ave

17255 SW 95th Ave

8260 SW 210th St, Unit # 315

21000 SW 87th Ave

19841 SW 114th Ave

8240 SW 210th St

11307 SW 200th St, Unit B211
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

13934 SW 90th Ave

19851 SW 114th Ave

13714 SW 90th Ave

9100 SW 137th Ter

8281 SW 128th St

10480 SW 181st Terrace

8580 SW 212th St, Unit 105

8267 SW 128th St

14500 SW 88th Ave, Unit VILLAGIO AT PALMETTO BAY

13100 SW 92nd 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.

8261 SW 128th St

13120 SW 92nd Ave

11287 SW 169th St

15888 SW 95th Ave

17727 SW 103rd Ave

13716 SW 90th Ave, Unit G

15389 S Dixie Hwy, Unit 34

11060 SW 196th St

15385 S Dixie Hwy

16601 SW 83rd Ct
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.

11050 SW 196th St

13730 SW 90th Ave

11050 SW 196th St, Unit 305

11309 SW 200th St

8580 SW 212th St

20759 SW 83rd Ave

13726 SW 90th Ave

15391 S Dixie Hwy

13898 SW 90th Ave

15391 S Dixie Hwy
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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 | $2,412 | $1,650 | $7,100 |
| Palmetto Bay 3 Bedroom Homes for Rent | $4,071 | $1,900 | $10,000+ |
| Palmetto Bay 4 Bedroom Homes for Rent | $7,564 | $2,830 | $10,000+ |
| Palmetto Bay 5 Bedroom Homes for Rent | $10,606 | $4,250 | $10,000+ |
| Palmetto Bay 6 Bedroom Homes for Rent | $27,250 | $10,000 | $10,000+ |
| Palmetto Bay 7 Bedroom Homes for Rent | $36,500 | $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 $1,207. Quail Roost Transit Village II in the Rockdale neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,234. 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 |
| Quail Roost Transit Village II | S160 | Studio,1BA | $1,234 |
| Carib Villas Apartments | STUDIO | Studio,1BA | $1,300 |
| Caribbean Village | 1 Bed, 1 bath | 1BR,1BA | $1,333 |
| Hibiscus Grove Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,447 |
| Sol Vista- 62+ | A1.3 | 1BR,1BA | $1,455 |
| South Point Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1,549 |
| Ram Cutler Bay LLC | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,572 |
| Perrine Village II | S370 | Studio,1BA | $1,596 |
| Bay Village1 | Stellan | Studio,1BA | $1,690 |
Best Value Apartments for Rent in Palmetto Bay, FL
As of August 31, 2026 the best value apartment in the Palmetto Bay area is the $0.88 price per square foot 9710 SW 161st St Model at 9710 SW 161st St, Unit 2 in the in the Rockdale neighborhood starting from $2,550. The second greatest value Palmetto Bay apartment is the Ava Model at The Addison in Palmetto Bay starting at $3,499 with a $1.93 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 | $0.88 |
| The Addison in Palmetto Bay | Ava | 3BR,3.5BA | $1.93 |
| 9720 SW 161st St, Unit A | 9720 SW 161st St | 2BR,1BA | $1.42 |
| 9700 SW 161st St, Unit 97 | 9700 SW 161st St | 2BR,1BA | $1.70 |
| Residences at The Falls | Porcelain | 1BR,1BA | $2.44 |
| Cabana Club | 2 Bedroom | 2BR,1BA | $2.38 |
| Sol Vista- 62+ | A1.1 | 1BR,1BA | $2.31 |
| Ram Cutler Bay LLC | 1 Bedroom, 1 Bathroom | 1BR,1BA | $2.52 |
| South Point Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $2.63 |
| Caribbean Village | 1 Bed, 1 bath | 1BR,1BA | $2.32 |
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 121 Apartments for Rent in Palmetto Bay, FL with pricing that ranges from $1,100 to $4,950. There are also 250 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palmetto Bay ranging from $1,150 to $55,000.
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 $1,150 to $55,000 with an average monthly rent of $5,726.
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 $4,650, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $12,500. Four Bedroom Single-Family rentals are also available starting from $2,830 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

Beyond Miami: Nearby Cities That Make Renting in South Florida Easier
Written by: Allaire Williams
Hello there! I'm Allaire, your ApartmentHomeLiving.com Local Expert for the Miami-Fort Lauderdale area.

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.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.