Cheap Apartments for Rent in the Miami Central Business District Miami, FL from $723 (200 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Miami Central Business District area of Miami.

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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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Villa Sonia
Rent Specials
$1,600 - $1,800
Total Monthly Price

Total Monthly Price

Base Rent
$1,600 - $1,800

Total Monthly Price
$1,600 - $1,800
1 Bedroom Apartments Available Now

Villa Sonia

340 SW 5th AveMiami, FL 33130
Affordability
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Rent According to Income: A Look at Income-Restricted Rentals

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1159 NW 8 AVE
Rent Specials
$1,700
Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
Varies
Studio Apartments Contact Us For Availability

1159 NW 8 AVE

1159 NW 8th AveMiami, FL 33136
Student Housing
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835 NW 3rd St, Unit 837
$1,800
Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800
1 Bedroom Apartment Available Now

835 NW 3rd St, Unit 837

835 NW 3rd StMiami, FL 33128
Furnished
property at 101 E Flagler St

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

1 Bedroom, 1 Bath Condo for Rent

Available Now

101 E Flagler St, Unit 607

101 E Flagler St
MiamiFL33131

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property at 777 NW 1st St

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

Studio, 1 Bath Condo for Rent

Available Now

777 NW 1st St, Unit 1103

777 NW 1st St
MiamiFL33128
property at 777 SW 9th Ave

$1,800 - $2,800

1 To 3 Bedroom Rentals

Available Now

777 SW 9th Ave

MiamiFL33130
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Arte Grand Central
Rent Specials
$1,822 - $4,709
Total Monthly Price

Total Monthly Price

Base Rent
$1,822 - $4,709

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Arte Grand Central

218 NW 8th StMiami, FL 33136
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Excel Miami
$1,845 - $4,525
Total Monthly Price

Total Monthly Price

Base Rent
$1,845 - $4,525

Total Monthly Price
$1,845 - $4,525
Studio to 2 Bedroom Apartments Available Oct 5

Excel Miami

1550 NE Miami PlMiami, FL 33132
Furnished
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Villa Sara
Rent Specials
$1,900
Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900
1 Bedroom Apartments Available Now

Villa Sara

433-435 SW 6th StMiami, FL 33130
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1025 SW 6th Ave, Unit #6
$1,900
Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900
1 Bedroom Apartment Available Now

1025 SW 6th Ave, Unit #6

1025 SW 6th AveMiami, FL 33130
Affordability

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910 SW 4th Ave
$1,950 - $2,000
Total Monthly Price

Total Monthly Price

Base Rent
$1,950 - $2,000

Total Monthly Price
$1,950 - $2,000
2 Bedroom Apartments Available Now

910 SW 4th Ave

910 SW 4th AveMiami, FL 33130
Student Housing
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property at 405 NW 6th St

$1,959

Total Monthly Price

Total Monthly Price

Base Rent
$1,959

Total Monthly Price
$1,959

Studio, 1 Bath Condo for Rent

Available Now

405 NW 6th St, Unit A

405 NW 6th St
MiamiFL33136
property at 253 NE 2nd St

$2,000 - $2,750

Total Monthly Price

Total Monthly Price

Base Rent
$2,000 - $2,750

Total Monthly Price
$2,000 - $2,750

Studio To 1 Bedroom Condos for Rent

Available Now

253 NE 2nd St

MiamiFL33132
property at 801 Brickell Bay Dr

$2,000 - $5,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,000 - $5,200

Total Monthly Price
$2,000 - $5,200

Studio To 3 Bedroom Condos for Rent

Available Now

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.

Miami Central Business District, Miami, FL Local Guide

Cheapest Available Miami Central Business District Apartments for Rent

 

The cheapest available apartment rental in the Miami Central Business District area of Miami, FL is a 3 Beds unit found at Otto Apartments priced from $1,050. Aerie Apartments has the second lowest priced unit, which is a 3 Beds apartment currently listed from $1,175. Here are the most affordable Miami Central Business District apartments for rent in Miami, FL:

Apartment ListingModel NameBed/BathPriced From
Otto Apartments3/33BR,3BA$1,050
Aerie Apartments3/33BR,3BA$1,175
New Arena Square ApartmentsStudioStudio,1BA$1,323
Manhattan IIMC-A1BR,1BA$1,375
448-458 NW 7th StMC-A1BR,1BA$1,375
Miami Central ApartmentsMC-A1BR,1BA$1,375
Miami CentralMC-A1BR,1BA$1,375
467-469 NW 8th St0BR/1.0BAStudio,1BA$1,399
Miami Station1 Bedroom/1 Bath1BR,1BA$1,500

Best Value Apartments for Rent in Miami Central Business District, FL

As of August 31, 2026 the best value apartment in the Miami Central Business District 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 Miami Central Business District apartment is the 2 Bedroom Model at 133 NE 2nd Ave Unit 3206 starting at $3,200 with a $2.55 price per square foot in the Miami Riverwalk neighborhood. Here is today’s list of the best values for Miami Central Business District 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
133 NE 2nd Ave Unit 32062 Bedroom2BR,2BA$2.55
Brickell West City RentalsB22BR,2BA$2.53
835 NW 3rd St, Unit 837835 NW 3rd St1BR,1BA$1.80
409 SW 8th Ave409 SW - B - 02, 03, 06, 07, 10, 11, 15, 162BR,1BA$2.17
Manhattan IIMC-A1BR,1BA$1.87
Iroquois2 Bed x 1 Bath2BR,1BA$2.50
Aerie Apartments3/33BR,3BA$1.71
Otto Apartments3/33BR,3BA$1.55
Miami Station1 Bedroom/1 Bath1BR,1BA$2.50

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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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
Miami Central Business District, Miami, FL

Ranked #6

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Eastern Miami. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, transit availability, pet-friendly communities, features that make it easier to raise kids, and more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Miami Central Business District Apartments

What is a cheap apartment in Miami Central Business District?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Miami Central Business District is under $1,500.

What is the price of a cheap apartment in Miami Central Business District?

The cheapest apartment in Miami Central Business District is Miami Central which is listed at $1,375, while the average apartment in Miami Central Business District costs $2,951.

What types of apartments are the cheapest in Miami Central Business District?

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 43 regular apartments in Miami Central Business District 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 Miami Central Business District?

Cheap apartments in Miami Central Business District have an average cost of $294 which is $2,657 cheaper than the average rent for all rentals in Miami Central Business District.

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

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