Cheap Apartments for Rent in the Downtown Miami Neighborhood of Miami, FL from $300 (159 Rentals) Page 2 of 4

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

property at 1560 SW 5th St

1560 SW 5th St

MiamiFL33135

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.

property at 110 NE 56th St

110 NE 56th St

MiamiFL33137

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.

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!

property at 2445 SW 18th St

2445 SW 18th St

MiamiFL33145
property at 1033 NW 6th St

1033 NW 6th St

MiamiFL33136
property at 1336 NW 38th St

1336 NW 38th St

MiamiFL33142
property at 1021 NW 3rd St

1021 NW 3rd St

MiamiFL33128
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959 SW 5th St
Studio to 3 Bedroom Apartments

959 SW 5th St

959 SW 5th StMiami, FL 33130
  • Utilities Included
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Superior Manor II
1 to 3 Bedroom Apartments

Superior Manor II

2349 NW 51st StMiami, FL 33142
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LBM Apartments
Studio to 2 Bedroom Apartments

LBM Apartments

1362 SW 2nd StMiami, FL 33135
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1261 NW 59th St
1 to 2 Bedroom Apartments

1261 NW 59th St

1261 NW 59th StMiami, FL 33142
  • Utilities Included
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River Landing Apartments
Studio to 2 Bedroom Apartments

River Landing Apartments

1600 NW North River DrMiami, FL 33125
  • Utilities Included

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 $1,343.

What is the price of a cheap apartment in Downtown Miami?

The cheapest apartment in Downtown Miami is 1144 SW 5th St which is listed at $1,300, 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 193 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 $298 which is $7,502 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.

decorative image for The 10 Best Affordable Neighborhoods in Miami, FL article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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

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.