Cheap Apartments for Rent in the Miami Central Business District Miami, FL from $400 (80 Rentals)

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

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 365 NW 8th St

365 NW 8th St

MiamiFL33136

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 501 SW 6th Ct

501 SW 6th Ct

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 458 SW 9th St

458 SW 9th St

MiamiFL33130

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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property at 452 SW 10th St

452 SW 10th St

MiamiFL33130
property at 129 SW 9th Ave

129 SW 9th Ave

MiamiFL33130
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1212 NW 1 Pl
1 to 3 Bedroom Apartments

1212 NW 1 Pl

1212 NW 1 PlMiami, FL 33136
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Temple Court
Studio to 1 Bedroom Apartments

Temple Court

431-453 NW 3rd StMiami, FL 33128
Senior Living
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Labre Place
Studio to 1 Bedroom Apartments

Labre Place

350 NW 4th StMiami, FL 33128
  • Utilities Included

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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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 2 Beds unit found at Sawyer’s Walk priced from $1,333. Discover Comfort and Convenience has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,350. Here are the most affordable Miami Central Business District apartments for rent in Miami, FL:

Apartment ListingModel NameBed/BathPriced From
Sawyer’s WalkTwo Bedroom2BR,2BA$1,333
Discover Comfort and Convenience1BR/1.0BA1BR,1BA$1,350
930 SW 6 St0BR/1.0BAStudio,1BA$1,350
Sophisticated Living: Efficient Design2BR/1.0BA2BR,1BA$1,450
Miami Central1 Bedroom1BR,1BA$1,499
Newly Renovated Community1BR/1.0BA1BR,1BA$1,500
15 PLEX Property1BR/1.0BA1BR,1BA$1,500
542 SW 3rd StStudioStudio,1BA$1,600
600 SW 9 AVE1BR/1.0BA1BR,1BA$1,680

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

As of November 20, 2025 the best value apartment in the Miami Central Business District area is the $1.53 price per square foot 186 NW 13th St Model at 186 NW 13th St, Unit B2 in the in the Downtown Miami neighborhood starting from $2,900. The second greatest value Miami Central Business District apartment is the 2 Bedroom 1 Bathroom Model at 528 SW 6th St starting at $2,150 with a $2.15 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.
186 NW 13th St, Unit B2186 NW 13th St2BR,2BA$1.53
528 SW 6th St2 Bedroom 1 Bathroom2BR,1BA$2.15
Sawyer’s WalkTwo Bedroom2BR,2BA$1.33
Brickell West City RentalsA21BR,1BA$2.70
Ram Miami River South Apartments1 Bedroom, 1 Bathroom1BR,1BA$2.77
Newly Renovated Community1BR/1.0BA1BR,1BA$2.14
Pacific Ocean Partners LLC1BR/1.0BA1BR,1BA$2.56
Otto ApartmentsPrivate Room in Three Bed Three Bath1BR,1BA$1.80
Aerie ApartmentsPrivate Bedroom in Shared 2Bd Apartment1BR,1BA$2.27
Sophisticated Living: Efficient Design2BR/1.0BA2BR,1BA$2.60

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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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
Miami Central Business District, Miami, FL

Ranked #10

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
Miami Central Business District, Miami, FL

School data provided by Great Schools

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 $1,680.

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

The cheapest apartment in Miami Central Business District is Discover Comfort and Convenience which is listed at $1,350, while the average apartment in Miami Central Business District costs $8,999.

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 36 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 $213 which is $8,786 cheaper than the average rent for all rentals in Miami Central Business District.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.