Cheap 1 Bedroom Apartments for Rent in the Downtown Miami Neighborhood of Miami, FL from $510 (92 Rentals)

404 SW 5th Ave

2275 NW 30th St

Santa Clara II

4121 NW 11th Pl

2938 NW 61st St

2225 SW 21st Ter

85 NW 46th 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.

1036 SW 2nd St

1829 NW 2nd Ct

1362 SW 2nd St

2460 SW 15th St

2987 NW 46th St

453 NW 25th Ct
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.

2822 SW 1st St, Unit 2822-SW1st

1135 SW 6th St

1842 NW 19th Terrace

1275 NW 60th St

1281 NW 60th St

119 NE 56th St

1990 NW 56th St

3421 NW 11th Ave

2306 NW Flagler Terrace

155 NE 59th St

624 NE 61st St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

1319 NW 60th St

3660 NW 20th Ave

Miami Stadium Apartments
Downtown Miami - One of the Best Affordable Neighborhoods in Miami
Named as one of the Best Affordable Neighborhoods to rent in Miami, FL by our Miami, FL Local Expert Kelly Reising. See how it ranks!
Downtown Miami, Miami, FL Local Guide

How much does it cost to rent an apartment in Downtown Miami?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Miami Studio Apartments | $2,532 | $850 | $6,870 |
Downtown Miami 1 Bedroom Apartments | $3,024 | $510 | $8,275 |
Downtown Miami 2 Bedroom Apartments | $3,862 | $567 | $10,000+ |
Downtown Miami 3 Bedroom Apartments | $4,810 | $619 | $10,000+ |
Downtown Miami 4 Bedroom Apartments | $5,219 | $3,000 | $10,000+ |
Downtown Miami 5 Bedroom Apartments | $4,325 | $4,150 | $4,500 |
Explore Miami
Downtown Miami, Miami, FL Local Guide
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Quick 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.
Frequently Asked Questions about Cheap Downtown Miami Apartments
What is a cheap apartment in Downtown Miami?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Miami is under $1,350.
What is the price of a cheap apartment in Downtown Miami?
The cheapest apartment in Downtown Miami is Miami Stadium Apartments which is listed at $510, while the average apartment in Downtown Miami costs $7,800.
What types of apartments are the cheapest in Downtown Miami?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 154 regular apartments in Downtown Miami that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Downtown Miami?
Cheap apartments in Downtown Miami have an average cost of $198 which is $7,602 cheaper than the average rent for all rentals in Downtown Miami.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.