Cheap Apartments for Rent in the Downtown Miami Neighborhood of Miami, FL from $300 (151 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Miami area of Miami.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 1255 SW 6th St

$1,299 - $1,599

Studio To 1 Bedroom Rentals

Available Now

1255 SW 6th St

MiamiFL33135
property at 1265 SW 6th St

$1,299 - $1,600

Studio To 1 Bedroom Rentals

Available Now

1265 SW 6th St

MiamiFL33135

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.

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property at 1560 NW 1st Ct

$1,302 - $1,950

Studio To 3 Bedroom Rentals

Available Now

1560 NW 1st Ct

MiamiFL33136

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.

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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.

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Showing Results 1-50, Page 1 of 4

Downtown Miami, Miami, FL Local Guide

Cheapest Available Downtown Miami Apartments for Rent

 

The cheapest available apartment rental in the Downtown Miami area of Miami, FL is a Studio unit found at The Ambar priced from $628. Santa Clara I has the second lowest priced unit, which is a 1 Bed apartment currently listed from $673. Here are the most affordable Downtown Miami apartments for rent in Miami, FL:

Apartment ListingModel NameBed/BathPriced From
The AmbarA-A3Studio,1BA$628
Santa Clara I1 Bedroom1BR,1BA$673
Alberta Heights Apartments1 Bedroom1BR,1BA$1,200
Brownsville Transit Village Phase VStudio AStudio,1BA$1,234
1050 NW 2nd StreetStudioStudio,1BA$1,256
Brownsville Village1B1BR,1BA$1,315

Best Value Apartments for Rent in Downtown Miami, FL

As of February 26, 2026 the best value apartment in the Downtown Miami area is the $0.78 price per square foot 1736 SW 9th St Model at 1736 SW 9th St, Unit 1738 in the in the East Little Havana neighborhood starting from $3,000. The second greatest value Downtown Miami apartment is the 186 NW 13th St Model at 186 NW 13th St, Unit B2 starting at $2,900 with a $1.53 price per square foot in the Downtown Miami neighborhood. Here is today’s list of the best values for Downtown Miami apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1736 SW 9th St, Unit 17381736 SW 9th St3BR,1BA$0.78
186 NW 13th St, Unit B2186 NW 13th St2BR,2BA$1.53
45 NW 48th St, Unit 345 NW 48th St1BR,1BA$0.87
2385 SW 25th St, Unit Apt - Silver Bluff-Gables2385 SW 25th St1BR,1BA$1.21
Sawyer’s WalkTwo Bedroom2BR,2BA$1.33
Father Marquess - Barry Apartments2/2 Bedroom2BR,2BA$1.56
Superior Manor II2 bedroom / 2 bath2BR,2BA$1.71
Hampton Village2 Beds, 2 baths2BR,2BA$1.69
Plum ApartmentsPrivate Bed/Bath in Shared 3Bed/3Bath1BR,1BA$1.70
Santa Clara I1 Bedroom1BR,1BA$1.11

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Student 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

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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.

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Pet Friendly Lifestyle
Downtown Miami, Miami, FL

Ranked #1

Among cities in Florida for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Downtown Miami, Miami, FL

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in metropolitan areas across the United States and customized analysis for East Miami. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, pet-friendly features, places to raise kids, proximity to transit, and more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Downtown Miami Apartments

What is the Cheapest Studio apartment in Downtown Miami?

Currently the most affordable Cheap Studio Apartment in Downtown Miami is at The Ambar listed at $628.

How much is rent for a Cheap One Bedroom Downtown Miami Apartment?

The lowest price for a Cheap One Bedroom Downtown Miami Apartment is $673 at Santa Clara I.

What is the lowest price for a Cheap Two Bedroom Downtown Miami Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Miami is starting from $1,333 at Sawyer’s Walk.

What is the most affordable Downtown Miami Three Bedroom Apartment?

The best deal on a cheap Downtown Miami Three Bedroom Apartment rental is at Allapattah Gardens and starts from $1,791.

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

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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.

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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.

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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.

Articles, How-To's, and Tips

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.