Cheap Apartments for Rent in the Downtown Miami Neighborhood of Miami, FL from $300 (162 Rentals)

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

property at 1060 NW 47th St

1060 NW 47th St

MiamiFL33127
property at 1400 SW 29th Ave

1400 SW 29th Ave

MiamiFL33145
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 2 Beds unit found at Santa Clara I priced from $814. Santa Clara II has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,151. Here are the most affordable Downtown Miami apartments for rent in Miami, FL:

Apartment ListingModel NameBed/BathPriced From
Santa Clara I2 Bedroom2BR,2BA$814
Santa Clara II2 Bedroom2BR,2BA$1,151
Brownsville Village1 Bed 1 Bath Senior1BR,1BA$1,199
Brownsville Transit Village II Senior1 Bedroom1BR,1BA$1,320
Sawyer’s WalkTwo Bedroom2BR,2BA$1,333
Three Round Tower B&C1x11BR,1BA$1,343
2110 W Flagler St1/11BR,1BA$1,350
Discover Comfort and Convenience in Our 1-Bedroom Apartment1BR/1.0BA1BR,1BA$1,350

Best Value Apartments for Rent in Downtown Miami, FL

As of November 21, 2025 the best value apartment in the Downtown Miami area is the $1.42 price per square foot 1560 NW 25th Ave Model at 1560 NW 25th Ave in the in the 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.
1560 NW 25th Ave1560 NW 25th Ave3BR,1BA$1.42
186 NW 13th St, Unit B2186 NW 13th St2BR,2BA$1.53
6136 N Miami Ave, Unit 61366136 N Miami Ave2BR,1BA$1.45
Brownsville Village3 Bed 2 Bath Senior3BR,2BA$1.29
Superior Manor II3 bedroom / 2 bath3BR,2BA$1.56
Sawyer’s WalkTwo Bedroom2BR,2BA$1.33
Santa Clara I2 Bedroom2BR,2BA$0.92
2110 W Flagler St1/11BR,1BA$1.69
Pastel ApartmentsPrivate Bedroom/Bathroom in Shared 3Bed/3Bath1BR,1BA$1.77
Plum ApartmentsPrivate Bed/Bath in Shared 3Bed/3Bath1BR,1BA$1.60

Quick Rent Budget Calculator

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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 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 Brownsville Village which is listed at $1,199, while the average apartment in Downtown Miami costs $8,666.

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 196 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 $299 which is $8,367 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.

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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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.