Apartments Under $500 in Miami, FL

1 - 2 of 2 Results
8
$ Ask - 1,151
5255 Nw 29th Ave. Miami, FL
1 - 2 BR | Ask for Availability
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Senior Community
Income Restricted
Air Conditioning
Fitness Center
Dishwasher
5
$ Ask - 1,132
1250 Nw 21st St. Miami, FL
2 BR | Ask for Availability
Contact
Income Restricted
Air Conditioning
Covered Parking
In Unit Laundry
Fitness Center
1 - 2 of 2 Results

All Apartments in Miami, FL

30 Results
74
$2,050 - 5,248
8400 S Dixie Hwy Miami, FL
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
Storage
19
$1,879 - 2,069
51 NW 28th St Miami, FL
3 - 4 BR | Available Now
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Dog Friendly
Cat Friendly
Student
Luxury
Air Conditioning
27
$3,048
3640 SW 22Nd St Miami, FL
Studio | Available Now
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Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
24
$2,399
6605 NW 7Th St Miami, FL
Studio | Available Now
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Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
15
$2,179 - 10,036
1480 NW North River Dr Miami, FL
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
36
$2,549
7750 NW 25Th St Miami, FL
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
27
$2,609
8720 NW 33Rd St Miami, FL
Studio | Available Now
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Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
31
$3,839
8655 NW 21St Ter Miami, FL
Studio | Available Now
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Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
38
$3,389
101 Fairway Dr Miami, FL
Studio | Available Now
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Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
31
$3,089
298 SW 15Th Rd Miami, FL
Studio | Available Now
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Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
10
$1,850 - 2,300
5200 NW 26 Ave Miami, FL
2 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
8
$1,550
Miami, FL
1 BR | Available Now
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Downtown Miami
8
$1,350
223 NW 12th St Miami, FL
Studio | Jun. 30, 2026
Contact
Overtown
11
$1,450 - 1,700
352 NW 11 St Miami, FL
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Overtown
1
$1,800
1948 NW 2 Ct Miami, FL
2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
Downtown Miami
13
$2,200
3270 W Trade Ave Miami, FL
2 BR | Available Now
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1
$1,300
180 NW 17 St Miami, FL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Downtown Miami
1
$1,446 - 1,775
1540 NW 1 Ct Miami, FL
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
Downtown Miami
1
$1,400
1210 NW 2 Ave Miami, FL
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
Overtown
1
$2,000 - 2,100
1471 NW 17th St Miami, FL
2 BR | Available Now
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2
$2,000 - 2,100
409 SW 8 Ave Miami, FL
2 BR | Available Now
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2
$1,750
600 SW 9 Ave Miami, FL
1 BR | Available Now
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0
$1,650
1801 NW 2 Ct Miami, FL
2 BR | Available Now
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Dog Friendly
Cat Friendly
Downtown Miami
3
$2,367 - 2,495
401 SW 17th Ave Miami, FL
2 BR | Available Now
Contact
0
$1,800
1805 NW 2 Ct Miami, FL
2 BR | Available Now
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Dog Friendly
Cat Friendly
Downtown Miami
3
$1,550
1801 NW 54th St Miami, FL
1 BR | Available Now
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Dog Friendly
Cat Friendly
$2,000
2170 NW 11th St Miami, FL
2 BR | Available Now
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1
$2,500
21459 SW 86Th Pl Miami, FL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
Disability Access
1
$1,780
Miami, FL
1 BR | Available Now
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0
$3,200
11238 SW 187 St Miami, FL
3 BR | May. 29, 2026
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  3. Apartments Under $500

Apartments Under $500 in Miami, FL: May Rental Information

Welcome to the May 2026 Miami Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2026 key findings and figures for the Miami rental landscape.

Our experts analyze the inventory trends for apartments under $500 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Miami and surrounding areas. This summary also provides insight into available features and amenities, as well as location options for apartments under $500 in Miami.

0 25 50 75 100 <$1,500 $1,580 $1,740 $1,900 $2,060 $2,220 $2,380 $2,540 $2,700 $2,860 $3,020 $3,180 $3,340 $3,500 >$3,660

Available Apartments Under $500: Miami vs. Surrounding Areas

Miami, FL
20
The chart above provides information on the number of available apartments under $500 in Miami, FL and the surrounding cities as of May, 2026. The cities included in the chart are Oakland Park, Pembroke Pines, Pinecrest, Plantation, Cooper City, Coral Gables, Dania Beach, Davie, South Miami, Southwest Ranches, Florida City, Fort Lauderdale, Sunny Isles Beach, Sunrise, Surfside, Tamarac, Hallandale Beach, Weston, Hialeah, Hialeah Gardens, Wilton Manors, Hollywood, Homestead, Key Biscayne, Lauderdale Lakes, Lauderhill, Miami Beach, Miami Gardens, Miami Lakes, Miami Shores, Miami Springs, Miramar, Aventura, Bal Harbour, North Bay Village, North Lauderdale, North Miami, Bay Harbor Islands, North Miami Beach, University Park, Pembroke Park, Doral, Mirama, Cutler Bay, West Miami, Lauderdale By The Sea, Palmetto Bay, Opa Locka, and Medley. Currently, the total inventory of apartments in this price range in the Miami, FL metro area is 35. This data gives prospective renters an idea of the availability of affordable apartments in the region, helping them make informed decisions about their rental search.

Apartments Under $500 Now vs. Last Month: Miami and Surrounding Areas

City Apartments Under $500 in May M/M % Change
Miami, FL 20 +0.82%
Fort Lauderdale, FL 3 +1.0%
Oakland Park, FL 2 +0.92%
Hialeah, FL 2 +1.17%
Miami Beach, FL 1 +0.67%
Davie, FL 1 +1.0%
Miramar, FL 1 +1.0%
Pembroke Pines, FL 1 +1.0%
Sunrise, FL 1 +1.0%
Coral Gables, FL 1 +1.0%

Looking for Apartments Under $500 in Miami?

Available apartments under $500 288
Top amenities Storage, Balcony/Deck/Patio, Refrigerator, Pool, Range / Oven
Pet friendly 32
1 Bedroom 14
2 Bedroom 27
3 Bedroom 5