Cheap Homes for Rent in the Downtown Miami Neighborhood of Miami, FL from $1,000 (100 Rentals)

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

property at 4200 NW 11th Ct

$1,175

Total Monthly Price

Total Monthly Price

Base Rent
$1,175
Total Monthly Price
$1,175

4 Bedroom, 2 Bath Home for Rent

Available Now

4200 NW 11th Ct

MiamiFL33127
property at 3180 SW 6th St

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

1 Bedroom, 1 Bath Home for Rent

Available Now

3180 SW 6th St

MiamiFL33135
property at 240 NW 64th St

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

Studio, 1 Bath Condo for Rent

Available Now

240 NW 64th St, Unit 4

240 NW 64th St
MiamiFL33150

Beyond Miami: Nearby Cities That Make Renting in South Florida Easier

Searching for apartments in South Florida? Go beyond Miami with our local expert guide to Fort Lauderdale, Hollywood, Doral, and more. Compare options to find your fit.

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property at 2137 NW 1st Terrace

$1,399

Total Monthly Price

Total Monthly Price

Base Rent
$1,399
Total Monthly Price
$1,399

1 Bedroom, 1 Bath Condo for Rent

Available Now

2137 NW 1st Terrace, Unit R

2137 NW 1st Terrace
MiamiFL33125
property at 275 NE 18th St

$1,500 - $3,350

1 To 2 Bedroom Rentals

Available Now

275 NE 18th St

MiamiFL33132
property at 652 NW 3rd St

$1,550 - $1,800

1 To 2 Bedroom Rentals

Available Now

652 NW 3rd St

MiamiFL33128

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 2185 NW 16th Ter

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650
Total Monthly Price
$1,650

1 Bedroom, 1 Bath Condo for Rent

Available Now

2185 NW 16th Ter, Unit 19

2185 NW 16th Ter
MiamiFL33125
property at 1878 NW 24th St

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650
Total Monthly Price
$1,650

1 Bedroom, 1 Bath Condo for Rent

Available Now

1878 NW 24th St, Unit 2

1878 NW 24th St
MiamiFL33142
property at 1811 NW 19th Terrace

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700
Total Monthly Price
$1,700

1 Bedroom, 1 Bath Home for Rent

Available Now

1811 NW 19th Terrace, Unit 2

1811 NW 19th Terrace
MiamiFL33125
property at 1811 NW 19th Terrace

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700
Total Monthly Price
$1,700

8 Bedroom, 8 Bath Home for Rent

Available Now

1811 NW 19th Terrace, Unit 8

1811 NW 19th Terrace
MiamiFL33125

Where to Live in Miami When You're Not a Tourist: A Miami Expert's Guide to the Top Neighborhoods Near Major Employers

Moving to Miami for work? Skip South Beach. Get the insider's guide to the best non-touristy neighborhoods, short commutes, and traffic-beating shortcuts for professionals.

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property at 3640 NW 9th St

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750
Total Monthly Price
$1,750

1 Bedroom, 1 Bath Condo for Rent

Available Now

3640 NW 9th St, Unit 311

3640 NW 9th St
MiamiFL33125

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.

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property at 1930 SW 2nd St

$1,750 - $2,200

1 To 2 Bedroom Rentals

Available Now

1930 SW 2nd St

MiamiFL33135
property at 2137 NW 1st Terrace

$1,799

Total Monthly Price

Total Monthly Price

Base Rent
$1,799
Total Monthly Price
$1,799

2 Bedroom, 1 Bath Home for Rent

Available Now

2137 NW 1st Terrace

MiamiFL33125

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Showing Results 1-50, Page 1 of 2

Downtown Miami, Miami, FL Local Guide

Cheapest Available Downtown Miami Apartments for Rent

 

The cheapest available apartment rental in the Downtown Miami area of Miami, FL is a 1 Bed unit found at Santa Clara II priced from $697. Santa Clara I has the second lowest priced unit, which is a 1 Bed apartment currently listed from $746. Here are the most affordable Downtown Miami apartments for rent in Miami, FL:

Apartment ListingModel NameBed/BathPriced From
Santa Clara II1 Bedroom1BR,1BA$697
Santa Clara I1 Bedroom1BR,1BA$746
147 NW 59th StPrivate Room with shared bathroom4BR,1BA$950
Otto Apartments3/33BR,3BA$1,125
Plum Apartments3/33BR,3BA$1,125
Aerie Apartments3/33BR,3BA$1,175
Alberta Heights Apartments1 Bedroom1BR,1BA$1,200
Residences at River Parc1 Bedroom Small1BR,1BA$1,217

Best Value Apartments for Rent in Downtown Miami, FL

As of August 26, 2026 the best value apartment in the Downtown Miami area is the $1.52 price per square foot 740 SW 9th St Model at 740 SW 9th St, Unit 1 in the in the Miami Riverwalk neighborhood starting from $3,500. The second greatest value Downtown Miami apartment is the 4147 NW 23rd Ct Model at 4147 NW 23rd Ct, Unit 4147 starting at $3,400 with a $1.60 price per square foot in the Allapattah neighborhood. Here is today’s list of the best values for Downtown Miami apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
740 SW 9th St, Unit 1740 SW 9th St1BR,1BA$1.52
4147 NW 23rd Ct, Unit 41474147 NW 23rd Ct4BR,2BA$1.60
110 NW 58th St, Unit 0110 NW 58th St2BR,1BA$1.60
Hampton Village2 Beds, 2 baths2BR,2BA$1.53
6040 NW 12th AveOne Bedroom1BR,1BA$1.67
Plum Apartments3/33BR,3BA$1.60
Otto Apartments3/33BR,3BA$1.63
Aerie Apartments3/33BR,3BA$1.71
Santa Clara II1 Bedroom1BR,1BA$1.15
Santa Clara I1 Bedroom1BR,1BA$1.23

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.

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Student 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

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick 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.

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Pet Friendly Lifestyle
Downtown Miami, Miami, FL

Ranked #1

Among cities in Florida for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Downtown Miami, Miami, FL

School data provided by Great Schools

Frequently Asked Questions about Downtown Miami

What type of rentals are currently available in Downtown Miami?

There are currently 4133 Apartments for Rent in Downtown Miami, FL with pricing that ranges from $200 to $23,198. There are also 1809 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Miami ranging from $1,000 to $55,000.

What is the current price range for Rental Homes in Downtown Miami?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Miami ranges from $1,000 to $55,000 with an average monthly rent of $5,324.

How much are larger Three and Four Bedroom Rentals in Downtown Miami?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Miami range from $1,026 to $18,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $35,700. Four Bedroom Single-Family rentals are also available starting from $1,175 and Four Bedroom Apartments start at $950.

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

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Beyond Miami: Nearby Cities That Make Renting in South Florida Easier

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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.

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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.

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Rent According to Income: A Look at Income-Restricted Rentals

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The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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