
Cheap Apartments for Rent in the Downtown Miami Neighborhood of Miami, FL from $300 (121 Rentals) Page 2 of 3
Search the lowest-cost Apartments available for rent right now in the Downtown Miami area of Miami.


Residences at Dr. King Boulevard

Superior Manor II

LBM Apartments

Village Allapattah

Tuscany Cove 55 + Older Community

1261 NW 59th St

Joe Moretti II Apartments

River Landing Apartments

Las Palmas Plaza I
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.

Las Palmas Plaza II

1212 NW 1 Pl

2316 NW 18th Ct

Buena Vista

1255 SW 6 Street

Ankh & Sun Apartments

1530 NW 35 Street

2211 SW 3rd Ave

Piedra Villas

1012 SW 4th 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.

Temple Court

Labre Place

850 SW 3rd St

540 NW 7th St

Edison Towers - 55+ Active Senior Living

Regal Apartments

Biscayne Court Apartments

Audy Apartments

Pinnacle Heights

Villas of Havana
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.

St. John Plaza

2046 W Flagler St

5990 NW 14th Ave

Brickell Roads

3050 W Flagler St

Father Marquess - Barry Apartments

Vizcaya Grove Apartments

Allapattah Place

1144 SW 5th St

Tropic Terrace
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!

Miami Stadium Apartments

Edison Terraces

Miami Stadium Apartments

City Crossings

Slate Miami Apartments

Village Allapattah Senior Apartments

St. Martin's Place Apartments

2110 W Flagler St

160 NW 11th Ter

Ser Piero
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 | $2,543 | $1,099 | $7,240 |
| Downtown Miami 1 Bedroom Apartments | $3,181 | $673 | $10,000+ |
| Downtown Miami 2 Bedroom Apartments | $3,956 | $814 | $10,000+ |
| Downtown Miami 3 Bedroom Apartments | $5,326 | $923 | $10,000+ |
| Downtown Miami 4 Bedroom Apartments | $7,420 | $3,000 | $10,000+ |
| Downtown Miami 5 Bedroom Apartments | $12,080 | $7,500 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 121 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 $1,399.
What is the price of a cheap apartment in Downtown Miami?
The cheapest apartment in Downtown Miami is New Arena Square Apartments which is listed at $950, while the average apartment in Downtown Miami costs $12,934.
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 98 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 $362 which is $12,572 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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.