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49 Apartments under 1000 for rent in Miami Beach, FL

Last updated October 18 at 6:27pm UTC
925 Lenox Ave
Flamingo-Lummus
Miami Beach, FL
Updated October 12 at 2:22am UTC
1 Bedroom
$650
Results within 5 miles of Miami Beach, FL
1270 NE 117th St
Biscayne Park
Miami, FL
Updated October 16 at 10:41am UTC
1 Bedroom
$900
2300 W Flagler St
West Flagler
Miami, FL
Updated October 13 at 1:58am UTC
1 Bedroom
$950
8301 NE 2nd Ct
Little Haiti
Miami, FL
Updated October 12 at 2:30pm UTC
Studio
$795
645 NW 32nd St
Allapattah
Miami, FL
Updated October 12 at 2:29pm UTC
6 Bedrooms
$775
428 NE 38th St
Upper East Side
Miami, FL
Updated October 12 at 2:24am UTC
4 Bedrooms
$650
430 NE 38th St
Upper East Side
Miami, FL
Updated October 12 at 2:23am UTC
1 Bedroom
$650
645 NW 32nd St
Allapattah
Miami, FL
Updated October 10 at 5:43pm UTC
Studio
$775
119 NW 29th St. #105
Wynwood
Miami, FL
Updated October 10 at 9:48am UTC
Studio
$700
1872 NW 1st St
Little Havana
Miami, FL
Updated October 9 at 10:56pm UTC
1 Bedroom
$950
1452 NW 24th St
Allapattah
Miami, FL
Updated October 9 at 3:20am UTC
1 Bedroom
$800
1060 NW 47th St
Model City
Miami, FL
Updated October 3 at 10:28pm UTC
1 Bedroom
$950
515 NE 165th St #B
Fulford Highlands
Miami, FL
Updated September 29 at 10:15am UTC
1 Bedroom
$940
1563 SW 2nd St
Little Havana
Miami, FL
Updated September 27 at 6:10pm UTC
Studio
$850
2300 W Flagler St
West Flagler
Miami, FL
Updated September 25 at 5:30pm UTC
Studio
$850
160 NE 75th St
Little Haiti
Miami, FL
Updated September 23 at 5:37pm UTC
Studio
$775
1512 SW 10th St
Shenandoah
Miami, FL
Updated September 22 at 3:16pm UTC
Studio
$850
135 NE 132nd Ter
Central North Miami
North Miami Beach, FL
Updated September 22 at 3:15pm UTC
Studio
$700
1680 NE 158th St
Allen Park
North Miami Beach, FL
Updated September 19 at 5:19am UTC
1 Bedroom
$700
699 NE 86th St
Miami
Miami, FL
Updated September 19 at 5:18am UTC
Studio
$925
2030 NE 162nd St
Allen Park
North Miami, FL
Updated September 19 at 5:18am UTC
Studio
$900
1217 NE 127th St
Central North Miami
Miami, FL
Updated September 19 at 5:16am UTC
1 Bedroom
$980
1096 NE 157th St
Oak Grove
North Miami, FL
Updated September 18 at 7:28pm UTC
Studio
$900

October 2018 Miami Beach Rent Report

Welcome to the October 2018 Miami Beach Rent Report. Miami Beach rents increased over the past month. In this report, we'll evaluate trends in the Miami Beach rental market, including comparisons to cities throughout the metro, state, and nation.

View full Miami Beach Rent Report
Rent Report
Miami Beach

October 2018 Miami Beach Rent Report

Welcome to the October 2018 Miami Beach Rent Report. Miami Beach rents increased over the past month. In this report, we'll evaluate trends in the Miami Beach rental market, including comparisons to cities throughout the metro, state, and nation.

Miami Beach rents increased moderately over the past month

Miami Beach rents have increased 0.3% over the past month, but have remained steady at 0.2% in comparison to the same time last year. Currently, median rents in Miami Beach stand at $1,020 for a one-bedroom apartment and $1,290 for a two-bedroom. This is the third straight month that the city has seen rent increases after a decline in June. Miami Beach's year-over-year rent growth lags the state average of 1.4%, as well as the national average of 0.9%.

Rents rising across the Miami Metro

While rents have remained steady in the city of Miami Beach throughout the past year, cities across the metro have seen a different trend. Rents have risen in 8 of of the largest 10 cities in the Miami metro for which we have data. Here's a look at how rents compare across some of the largest cities in the metro.

  • Miami Beach has the least expensive rents in the Miami metro, with a two-bedroom median of $1,290; additionally, the city has seen the fastest rent growth in the metro over the past month (0.3%).
  • Over the past year, Fort Lauderdale has seen the biggest rent drop in the metro, with a decline of 0.5%. Median two-bedrooms there cost $1,440, while one-bedrooms go for $1,140.
  • Pembroke Pines has the most expensive rents of the largest cities in the Miami metro, with a two-bedroom median of $2,400; rents rose 0.7% over the past year but remained flat month-over-month.

Miami Beach rents more affordable than many large cities nationwide

Rent growth in Miami Beach has been relatively stable over the past year - some other large cities have seen more substantial increases; in contrast, rents in a few cities have actually declined. Miami Beach is still more affordable than most large cities across the country.

  • Other cities across the state have seen rents moderately increase, with Florida as a whole logging rent growth of 1.4% over the past year. For example, rents have grown by 3.0% in Tampa and 2.2% in Jacksonville.
  • Miami Beach's median two-bedroom rent of $1,290 is above the national average of $1,180. Nationwide, rents have grown by 0.9% over the past year compared to the stagnant growth in Miami Beach.
  • While rents in Miami Beach remained moderately stable this year, similar cities saw increases, including Houston (+2.8%), Austin (+1.2%), and San Francisco (+1.1%); note that median 2BR rents in these cities go for $1,020, $1,420, and $3,110 respectively.
  • Renters will find more reasonable prices in Miami Beach than most large cities. For example, San Francisco has a median 2BR rent of $3,110, which is more than twice the price in Miami Beach.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Miami $1,070 $1,350 -0.2% 0.1%
Hialeah $1,100 $1,400 0.0% 2.2%
Fort Lauderdale $1,140 $1,440 -0.2% -0.5%
Pembroke Pines $1,890 $2,400 0.0% 0.7%
Hollywood $1,110 $1,400 -0.2% 1.0%
West Palm Beach $1,070 $1,360 -0.0% 1.8%
Pompano Beach $1,140 $1,450 -0.1% 0.6%
Miami Beach $1,020 $1,290 0.3% 0.2%
Boca Raton $1,440 $1,820 0.0% 1.4%
Deerfield Beach $1,180 $1,490 -0.1% -0.4%
See more

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.