
Cheap Apartments for Rent in the Downtown Miami Neighborhood of Miami, FL from $300 (140 Rentals) Page 2 of 3
Search the lowest-cost Apartments available for rent right now in the Downtown Miami area of Miami.


3368 NW 51st Terrace

1490 NW 43rd St

Rio Mio

1553 SW 2ND Street

540 NW 7th St

1520 NW 61st St

123 NW 59th St

1281 NW 60th St

Total Monthly Price
1036 SW 3rd 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.

1130 NW 62nd St

967 SW 5th St

Total Monthly Price
240 NW 8th Ave, Unit 1, Unit 1

Total Monthly Price
3599 NW 23rd Ave, Unit APT 1, Unit APT 1

2994 NW 54th St

200 NW 13th St

Total Monthly Price
60 NE 60th St, Unit 3, Unit 3

1765 SW 21st St

3503 SW 24th St

3354 NW 50th St
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.

959 SW 5th St

Washington Square

Residences at Dr. King Boulevard

Superior Manor II

LBM Apartments

Tuscany Cove 55 + Older Community

1261 NW 59th St

Joe Moretti II Apartments

River Landing Apartments

Las Palmas Plaza II
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.

Las Palmas Plaza I

1212 NW 1 Pl

2316 NW 18th Ct

Buena Vista

Ankh & Sun Apartments

1255 SW 6 Street

1530 NW 35 Street

2211 SW 3rd Ave

Miami Stadium Apartments

Piedra Villas
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!

1012 SW 4th St

Temple Court

Labre Place

850 SW 3rd St

540 NW 7th St

Edison Towers - 55+ Active Senior Living

Regal Apartments

Biscayne Court Apartments

Casa Mariana

Audy Apartments
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 | $2,405 | $1,000 | $6,941 |
| Downtown Miami 1 Bedroom Apartments | $3,006 | $761 | $10,000+ |
| Downtown Miami 2 Bedroom Apartments | $3,787 | $1,002 | $10,000+ |
| Downtown Miami 3 Bedroom Apartments | $4,946 | $837 | $10,000+ |
| Downtown Miami 4 Bedroom Apartments | $7,069 | $3,000 | $10,000+ |
| Downtown Miami 5 Bedroom Apartments | $9,281 | $1,300 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 140 rentals with your search options within a 2 mile radius of the Downtown Miami Neighborhood of Miami, FL.
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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 $1,250.
What is the price of a cheap apartment in Downtown Miami?
The cheapest apartment in Downtown Miami is Brisas Del Este II which is listed at $761, while the average apartment in Downtown Miami costs $24,709.
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 355 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 $512 which is $24,197 cheaper than the average rent for all rentals in Downtown Miami.
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

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.

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.

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.

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.
Articles, How-To's, and Tips

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.

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.

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.