2701 NW 21st Ave
MiamiFL33142
Cheap Homes for Rent in Downtown Miami Neighborhood of Miami, FL from $800 (89 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Miami area of Miami.
350 NE 24th St
MiamiFL33137
4419 NW 17th Ave
MiamiFL33142
1122 SW 17th Ave, Unit #3
1122 SW 17th Ave
MiamiFL33135
1011 NW 7th Ave
MiamiFL33136
528 SW 21st Ave
MiamiFL33135
240 NW 64th St, Unit 4
240 NW 64th St
MiamiFL33150
299 NW 43rd St
MiamiFL33127
4514 NE 1st Ave
MiamiFL33137
201 NW 7th St, Unit #202
201 NW 7th St
MiamiFL33136
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
405 NW 64th St, Unit 3
405 NW 64th St
MiamiFL33150
125 SW 32nd Court Rd
MiamiFL33135
2425 SW 21st Ter, Unit 1
2425 SW 21st Ter
MiamiFL33145
5180 NW 14th Ave
MiamiFL33142
1200 Brickell Bay Dr, Unit 2803
1200 Brickell Bay Dr
MiamiFL33131
1536 NW 15th Ave
MiamiFL33125
35 Antilla Ave
Coral GablesFL33134
1194 NW 19th Ave
MiamiFL33125
3237 SW 4th St, Unit 6
3237 SW 4th St
MiamiFL33135
142 SW 18th Ave
MiamiFL33135
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.
551 NE 62nd St
MiamiFL33138
2551 NW 13th St
MiamiFL33125
483 NW 19th St
MiamiFL33136
1453 SW 3rd St
MiamiFL33135
45 NE 60th St
MiamiFL33137
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$1,7501 Bedroom Apartments Available Now
0 SW 21st Ave
0 SW 21st AveMiami, FL 33135
1610 NW N River Dr
MiamiFL33125
2651 NW 13th St
MiamiFL33125
1930 SW 2nd St
MiamiFL33135
5530 NW 5th Ave
MiamiFL33127
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.
5600 NE 1st Ave
MiamiFL33137
78 NE 59th Terrace, Unit 78
78 NE 59th Terrace
MiamiFL33137
928 SW 3rd St
MiamiFL33130
777 NW 1st St, Unit 1103
777 NW 1st St
MiamiFL33128
1625 NW 16th St
MiamiFL33125
315 NW 59th St
MiamiFL33127
2352 SW 5th St
MiamiFL33135
1720 NW N River Dr
MiamiFL33125
375 SW 19th Ave
MiamiFL33135
2441 NW 13th St
MiamiFL33125
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.
1613 NW 16th St, Unit S2
1613 NW 16th St
MiamiFL33125
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$1,8501 Bedroom Apartments Available Now
1315 NE Miami Ct
1315 NE Miami CtMiami, FL 33132
3181 SW 13th St
MiamiFL33145
1525 NW 19th Terrace
MiamiFL33125
650 NE 61st St
MiamiFL33137
219 NW 12th Ave
MiamiFL33128
1740 NW N River Dr
MiamiFL33125
229 NW 30th St, Unit S12
229 NW 30th St
MiamiFL33127
418 NW 8th St, Unit B3
418 NW 8th St
MiamiFL33136
5545 NW 3rd Ave
MiamiFL33127
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.
Downtown Miami, Miami, FL Local Guide
How much does it cost to rent a home in Downtown Miami?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Miami 2 Bedroom Homes for Rent | $5,048 | $1,400 | $10,000+ |
| Downtown Miami 3 Bedroom Homes for Rent | $7,996 | $2,400 | $10,000+ |
| Downtown Miami 4 Bedroom Homes for Rent | $12,905 | $3,000 | $10,000+ |
| Downtown Miami 5 Bedroom Homes for Rent | $19,741 | $3,300 | $10,000+ |
| Downtown Miami 6 Bedroom Homes for Rent | $27,375 | $7,500 | $10,000+ |
| Downtown Miami 7 Bedroom Homes for Rent | $13,500 | $10,000 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 89 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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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 New Arena Square Apartments priced from $950. 1718 NW 2nd Ct has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,095. Here are the most affordable Downtown Miami apartments for rent in Miami, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| New Arena Square Apartments | 1Bed 1Bath | 1BR,1BA | $950 |
| 1718 NW 2nd Ct | 1 bedroom | 1BR,1BA | $1,095 |
| Alberta Heights Apartments | 1 Bedroom | 1BR,1BA | $1,200 |
| Brownsville Transit Village Phase V | Studio A | Studio,1BA | $1,234 |
| Saffron Apartments (Furnished Rooms) | Private Bed/Bath in Shared 2Bed/2Bath | 1BR,1BA | $1,250 |
| 6040 NW 12th Ave | One Bedroom | 1BR,1BA | $1,250 |
| 5990 NW 14th Ave | 1/1 | 1BR,1BA | $1,250 |
| Father Marquess - Barry Apartments | 1/1 Bedroom | 1BR,1BA | $1,274 |
| 1050 NW 2nd Street | Studio | Studio,1BA | $1,295 |
| Brownsville Village | 1B | 1BR,1BA | $1,315 |
Best Value Apartments for Rent in Downtown Miami, FL
As of May 27, 2026 the best value apartment in the Downtown Miami area is the $0.18 price per square foot 1 bedroom Model at 1718 NW 2nd Ct in the in the Downtown Miami neighborhood starting from $1,095. The second greatest value Downtown Miami apartment is the 740 SW 9th St Model at 740 SW 9th St, Unit 1 starting at $3,500 with a $1.52 price per square foot in the Miami Riverwalk neighborhood. Here is today’s list of the best values for Downtown Miami apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1718 NW 2nd Ct | 1 bedroom | 1BR,1BA | $0.18 |
| 740 SW 9th St, Unit 1 | 740 SW 9th St | 1BR,1BA | $1.52 |
| 186 NW 13th St, Unit B2 | 186 NW 13th St | 2BR,2BA | $1.53 |
| Superior Manor II | 3 bedroom / 2 bath | 3BR,2BA | $1.56 |
| Hampton Village | 3 Beds, 2 baths | 3BR,2BA | $1.60 |
| Father Marquess - Barry Apartments | 1/1 Bedroom | 1BR,1BA | $1.30 |
| 1144 NW 5th St, Unit 4 | 1144 NW 5th St | 1BR,1BA | $1.67 |
| 5990 NW 14th Ave | 1/1 | 1BR,1BA | $1.67 |
| 6040 NW 12th Ave | One Bedroom | 1BR,1BA | $1.67 |
| New Arena Square Apartments | 1Bed 1Bath | 1BR,1BA | $1.29 |
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 Article
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
Read ArticleReal 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.
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.
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If you’re an expert on all things Downtown Miami, tell us what you love (and don't) by rating it and writing a review.
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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
What type of rentals are currently available in Downtown Miami?
There are currently 4039 Apartments for Rent in Downtown Miami, FL with pricing that ranges from $673 to $23,838. There are also 1934 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Miami ranging from $800 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 $800 to $55,000 with an average monthly rent of $11,586.
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 $923 to $18,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,400 to $34,000. Four Bedroom Single-Family rentals are also available starting from $3,000 and Four Bedroom Apartments start at $3,000.
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.