
Cheap Apartments for Rent in the Downtown Miami Neighborhood of Miami, FL from $300 (198 Rentals) Page 2 of 4
Search the lowest-cost Apartments available for rent right now in the Downtown Miami area of Miami.


730 SW 10th St

314 SW 10th Ave

Total Monthly Price
60 NE 60th St, Unit 3

3125 NW 21st Ct

Brownsville Village

1553 SW 2ND Street

1037 SW 20th Ave

142 NE 56th St

210 Beacom Blvd
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!

1864 NW 27th St

The Ambar

2368 SW 21st St

1281 NW 60th St

267 NW 33rd St

529 SW 3rd St

1150 NW 1st Pl

820 SW 31st Ave

3324 NW 14th St

2994 NW 54th St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

5575 NW 7th Ave

1660 SW 24th Ave

Total Monthly Price
240 NW 8th Ave, Unit 2

Total Monthly Price
5590 NW 6th Pl, Unit Near Wynwood

2140 NW 24th St

Dominion Tower

The Beekman

Iroquois

274 NW 32nd St

1865 NW 16th St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

335 NW 59th Terrace

2052 SW 7th St

1947 NW 33rd St

Sunrise at Liberty Square

Three Round Tower B&C

119 NE 56th St

2027 NW 1st Terrace

2165 NW 23rd St

120 NE 55th St

1828 SW 6th St
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.

Total Monthly Price
2424 NW 1st St, Unit A

Total Monthly Price
3114 NW 22nd Ave, Unit OJMRR Corp

Total Monthly Price
1144 NW 5th St, Unit 1

Total Monthly Price
2749 NW 29th St, Unit 2

1765 SW 21st St

38 NW 52nd St

4840 NW 27th Ave

2761 NW 16th Terrace

3660 NW 20th Ave

3422 SW 25th St
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.
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 | $2,496 | $1,050 | $8,747 |
| Downtown Miami 1 Bedroom Apartments | $2,875 | $200 | $9,422 |
| Downtown Miami 2 Bedroom Apartments | $3,749 | $330 | $10,000+ |
| Downtown Miami 3 Bedroom Apartments | $4,637 | $1,026 | $10,000+ |
| Downtown Miami 4 Bedroom Apartments | $7,020 | $950 | $10,000+ |
| Downtown Miami 5 Bedroom Apartments | $12,072 | $4,150 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 198 rentals with your search options within a 2 mile radius of the Downtown Miami Neighborhood of Miami, FL.
See all Apartments in MiamiExplore Miami
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 1050 NW 2nd Street listed at $1,230.
How much is rent for a Cheap One Bedroom Downtown Miami Apartment?
The lowest price for a Cheap One Bedroom Downtown Miami Apartment is $697 at Santa Clara II.
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 $829 at Santa Clara II.
What is the most affordable Downtown Miami Three Bedroom Apartment?
The best deal on a cheap Downtown Miami Three Bedroom Apartment rental is at Otto Apartments and starts from $1,050.
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

Beyond Miami: Nearby Cities That Make Renting in South Florida Easier
Written by: Allaire Williams
Hello there! I'm Allaire, your ApartmentHomeLiving.com Local Expert for the Miami-Fort Lauderdale area.

Where to Live in Miami When You're Not a Tourist
Written by: Allaire Williams
Let's be real - most Miami guides are written for people who think living here means South Beach penthouses and rooftop parties every night. But if you're moving here for work (not Instagram content), you need the real deal.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.