
Cheap Apartments for Rent in the Downtown Miami Neighborhood of Miami, FL from $300 (187 Rentals) Page 3 of 4
Search the lowest-cost Apartments available for rent right now in the Downtown Miami area of Miami.


Residences at Dr. King Boulevard

LBM Apartments

Village Allapattah

Tuscany Cove 55 + Older Community

1261 NW 59th St

Joe Moretti II Apartments

River Landing Apartments

Las Palmas Plaza I

Las Palmas Plaza II
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.

Superior Manor II

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

Washington Square

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

1718 NW 2nd Ct

Regal Apartments

1540 NW 1st Ct

Biscayne Court Apartments

Audy Apartments

Villas of Havana

St. John Plaza

2046 W Flagler St

3050 W Flagler St

Brickell Roads

Father Marquess - Barry Apartments

Vizcaya Grove Apartments

Allapattah Place

Tropic Terrace

1144 SW 5th St

Miami Stadium Apartments

Edison Terraces

Miami Stadium Apartments

City Crossings

Pinnacle Heights

Slate Miami Apartments

St. Martin's Place Apartments

Village Allapattah Senior Apartments

Miramar 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 | $2,506 | $1,050 | $6,300 |
| Downtown Miami 1 Bedroom Apartments | $2,953 | $200 | $7,965 |
| Downtown Miami 2 Bedroom Apartments | $3,779 | $660 | $10,000+ |
| Downtown Miami 3 Bedroom Apartments | $4,734 | $840 | $10,000+ |
| Downtown Miami 4 Bedroom Apartments | $6,599 | $1,600 | $10,000+ |
| Downtown Miami 5 Bedroom Apartments | $16,503 | $10,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 187 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 $1,234.
What is the price of a cheap apartment in Downtown Miami?
The cheapest apartment in Downtown Miami is Santa Clara I which is listed at $746, while the average apartment in Downtown Miami costs $16,503.
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 114 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 $337 which is $16,166 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

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.