
Apartments for Rent in the Downtown Miami Neighborhood of Miami, FL Under $1,200 (49 Rentals)


Gallery on the River

Plum Apartments

Otto Apartments

1521 SW 7 Street

New Arena Square Apartments

Serenity at Liberty Square (LS4)

Aerie Apartments

Santa Clara II
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.

Santa Clara I

398 NE 5th St

5905 NW 3rd Ave

3003 NW 45th St

1200 NW 37th Ave

1278 NW 44th St

1400 SW 29th Ave

2928 SW 10th St

1176 NW 38th 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.

Tuscany Cove 55 + Older Community

959 SW 5th St

Audy Apartments

Biscayne Court Apartments

Regal Apartments

Edison Towers - 55+ Active Senior Living

540 NW 7th St

850 SW 3rd St

Labre Place
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. Martin's Place Apartments

Temple Court

Piedra Villas

1012 SW 4th St

Miami Stadium Apartments

2211 SW 3rd Ave

1530 NW 35 Street

1255 SW 6th St

Ankh & Sun Apartments
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.

Buena Vista

2316 NW 18th Ct

1212 NW 1 Pl

Las Palmas Plaza I

Las Palmas Plaza II

River Landing Apartments

Joe Moretti II Apartments

1261 NW 59th St

LBM Apartments
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!

Superior Manor II

Residences at Dr. King Boulevard

Washington Square

15-21 Alhambra Cir
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 | $2,423 | $1,099 | $10,000+ |
| Downtown Miami 1 Bedroom Apartments | $2,960 | $605 | $10,000+ |
| Downtown Miami 2 Bedroom Apartments | $3,631 | $1,002 | $10,000+ |
| Downtown Miami 3 Bedroom Apartments | $4,659 | $1,493 | $10,000+ |
| Downtown Miami 4 Bedroom Apartments | $6,413 | $2,800 | $10,000+ |
| Downtown Miami 5 Bedroom Apartments | $4,268 | $1,300 | $8,624 |
Browse Apartments in this Neighborhood
There are currently 49 rentals with your search options within a 2 mile radius of the Downtown Miami Neighborhood of Miami, FL.
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Downtown Miami, Miami, FL Local Guide
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleStudent Living Made Easy: Great Miami Neighborhoods to Rent Near Campus
A Local Expert’s Guide to Student Friendly Neighborhoods Near Colleges and Universities in Miami. Find your perfect Miami, FL area student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleDowntown Miami, Miami, FL
Ranked #1
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Miami, Miami, FL
School data provided by Great Schools
Frequently Asked Questions about Downtown Miami
How much are Studio apartments in Downtown Miami?
There are currently 1,950 Studio Apartments in Downtown Miami with rent ranges from $1,099 to $12,361 with an average price of $2,423.
What is the current price range for One Bedroom Downtown Miami Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Downtown Miami ranges from $605 to $10,120 with an average monthly rent of $2,960.
What does renting a Two Bedroom Apartment in Downtown Miami cost?
The monthly rent prices of Two Bedroom Apartments currently available in Downtown Miami range from $1,002 to $15,000. Today's average rental price for Two Bedrooms here is $3,631.
How expensive are Downtown Miami Three Bedroom Apartments?
There are currently 467 Three Bedroom Apartments listings available in Downtown Miami on ApartmentHomeLiving.com. The pricing ranges from $1,493 to $16,008 - averaging $4,659 for the location.
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.
Articles, How-To's, and Tips

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!