Cheap Homes for Rent in Downtown Miami Neighborhood of Miami, FL from $1,000 (105 Rentals)

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

property at 3003 NW 45th St

$1,200

1 Bedroom, 1 Bath Condo for Rent

Available Now

3003 NW 45th St

MiamiFL33142

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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property at 110 NW 9th Ave

$1,500

Studio, 1 Bath Home for Rent

Available Now

110 NW 9th Ave

MiamiFL33128
property at 402 NW 12th Ave

$1,500

Studio, 1 Bath Condo for Rent

Available Now

402 NW 12th Ave

MiamiFL33128

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 2765 NW 55th St

$1,600

1 Bedroom, 1 Bath Condo for Rent

Available Now

2765 NW 55th St

MiamiFL33142
property at 501 SW 1st St

$1,650 - $2,050

1 To 2 Bedroom Rentals

Available Now

501 SW 1st St

MiamiFL33130

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 856 SW 6th St

$1,750

1 Bedroom, 1 Bath Condo for Rent

Available Now

856 SW 6th St

MiamiFL33130
property at 405 NW 64th St

$1,750

2 Bedroom, 1 Bath Home for Rent

Available Now

405 NW 64th St

MiamiFL33150
property at 816 NW 11th St

$1,750 - $2,600

1 To 2 Bedroom Rentals

Available Now

816 NW 11th St

MiamiFL33136
property at 634 SW 10th St

$1,775

1 Bedroom, 1 Bath Condo for Rent

Available Now

634 SW 10th St

MiamiFL33130
property at 120 SW 18th Ct

$1,800

1 Bedroom, 1 Bath Home for Rent

Available Now

120 SW 18th Ct

MiamiFL33135

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.

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property at 1350 NW 8th Ct

$1,800 - $2,200

1 Bedroom Rentals

Available Now

1350 NW 8th Ct

MiamiFL33136
property at 821 SW 2nd St

$1,825 - $1,995

1 To 2 Bedroom Rentals

Available Now

821 SW 2nd St

MiamiFL33130

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.

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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 3 Beds unit found at Santa Clara II priced from $745. Father Marquess - Barry Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,274. Here are the most affordable Downtown Miami apartments for rent in Miami, FL:

Apartment ListingModel NameBed/BathPriced From
Santa Clara II3 Bedroom3BR,2BA$745
Father Marquess - Barry Apartments1/1 Bedroom1BR,1BA$1,274
1050 NW 2nd StreetStudioStudio,1BA$1,295
Brownsville Village1 Bed, 1 Bath1BR,1BA$1,315
Edison Place1x11BR,1BA$1,316
Brownsville Transit Village II Senior1 Bedroom1BR,1BA$1,317
Miami Stadium Apartments1 Bedroom1BR,1BA$1,319

Best Value Apartments for Rent in Downtown Miami, FL

As of December 30, 2025 the best value apartment in the Downtown Miami area is the $0.91 price per square foot 1736 SW 9th St Model at 1736 SW 9th St, Unit 1738 in the in the East Little Havana neighborhood starting from $3,500. The second greatest value Downtown Miami apartment is the 186 NW 13th St Model at 186 NW 13th St, Unit B2 starting at $2,900 with a $1.53 price per square foot in the Downtown Miami 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.
1736 SW 9th St, Unit 17381736 SW 9th St3BR,1BA$0.91
186 NW 13th St, Unit B2186 NW 13th St2BR,2BA$1.53
47 NW 49th St, Unit 147 NW 49th St2BR,1BA$1.57
45 NW 48th St, Unit 345 NW 48th St1BR,1BA$0.99
Sawyer’s WalkTwo Bedroom2BR,2BA$1.33
Father Marquess - Barry Apartments2/2 Bedroom2BR,2BA$1.56
1838 NW 1st Pl, Unit 21838 NW 1st Pl1BR,1BA$1.56
Pastel ApartmentsPrivate Bedroom/Bathroom in Shared 3Bed/3Bath1BR,1BA$1.71
Otto ApartmentsPrivate Room in Two Bed Two Bath1BR,1BA$1.80
Plum ApartmentsPrivate Bed/Bath in Shared 3Bed/3Bath1BR,1BA$1.67

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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The 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.

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Cash 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.

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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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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 4395 Apartments for Rent in Downtown Miami, FL with pricing that ranges from $605 to $21,089. There are also 2156 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Miami ranging from $1,075 to $65,000.

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 $1,075 to $65,000 with an average monthly rent of $11,294.

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 $745 to $12,586, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,975 to $26,000. Four Bedroom Single-Family rentals are also available starting from $2,850 and Four Bedroom Apartments start at $2,800.

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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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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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.

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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

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!