Cheap Apartments for Rent near South Beach, FL from $591 (37 Rentals)

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Search the lowest-cost Apartments available for rent right now in South Beach.

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.

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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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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.

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Showing Results 1-37, Page 1 of 1

South Beach, FL Local Guide

Cheapest Available South Beach Apartments for Rent and Nearby

 

The cheapest available apartment rental in South Beach, FL is a 2 Beds unit found at Cove at St Lucie in the Cascades neighborhood priced from $958. Sands at St Lucie in the Frontera neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,281. Here is today’s list of the most affordable South Beach apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cove at St Lucie22-602BR,2BA$958
Sands at St LuciePalm2BR,2BA$1,281
The Cottages @ Sunrise CityStudio Standard-Call For AvailabilityStudio,1BA$1,300
The Cottages @ Treasure CoastStudio Standard-Call For AvailabilityStudio,1BA$1,325
Sandhill ShoresClayton2BR,2BA$1,399
Cortez Village Townhomesone bedroom/one floor1BR,1BA$1,500
The Palms At Vero BeachPalmetto3BR,2BA$1,506
Crystal Trace Apartments2 Beds, 1.5 baths2BR,1BA$1,575
Edwards LandingTwo Bed/1 Bath2BR,1BA$1,595
Vero Green2 BED 2 BATH2BR,2BA$1,610

Best Value Apartments for Rent in South Beach, FL and Nearby

As of August 23, 2026 the best value apartment in the South Beach area is the $1.62 price per square foot D1 Model at Villas of Torino in the in the Cascades neighborhood starting from $2,845. The second greatest value South Beach apartment is the Heron II Model at Torino Lakes Rental Townhomes starting at $2,594 with a $1.62 price per square foot in the Cascades neighborhood. Here is today’s list of the best values for South Beach apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Villas of TorinoD14BR,2.5BA$1.62
Torino Lakes Rental TownhomesHeron II3BR,2.5BA$1.62
EstanciaAtlantic3BR,2.5BA$1.54
Cortez Village Townhomes2bed/2.5 bath2BR,2.5BA$1.38
Pointe Grand Fort Pierce2 Bedroom, 2 Bathroom2BR,2BA$1.58
The Palms At Vero BeachPalmetto3BR,2BA$1.39
Crystal Trace Apartments2 Beds, 1.5 baths2BR,1.5BA$1.58
Cove at St Lucie22-602BR,2BA$1.01
Virginia Pines Apartments2 Beds, 1 bath2BR,1BA$1.61
Sands at St LuciePalm2BR,2BA$1.49

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.

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Real 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.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap South Beach Apartments

What is the Cheapest Studio apartment in South Beach?

Currently the most affordable Cheap Studio Apartment in South Beach is at The Cottages @ Sunrise City listed at $1,300.

How much is rent for a Cheap One Bedroom South Beach Apartment?

The lowest price for a Cheap One Bedroom South Beach Apartment is $1,400 at The Cottages @ Sunrise City.

What is the lowest price for a Cheap Two Bedroom South Beach Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in South Beach is starting from $958 at Cove at St Lucie.

What is the most affordable South Beach Three Bedroom Apartment?

The best deal on a cheap South Beach Three Bedroom Apartment rental is at Sands at St Lucie and starts from $1,496.

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.

Articles, How-To's, and Tips

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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.

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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.

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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.

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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.