Cheap Apartments for Rent in the Miami Central Business District Miami, FL from $400 (209 Rentals)

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

property at 546 SW 1st St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250

1 Bedroom, 1 Bath Condo for Rent

Available Jun 5

546 SW 1st St, Unit 607

546 SW 1st St
MiamiFL33130
property at 201 NW 7th St

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

2 Bedroom, 2 Bath Condo for Rent

Available Now

201 NW 7th St, Unit #202

201 NW 7th St
MiamiFL33136
property at 1200 Brickell Bay Dr

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500

1 Bedroom, 1 Bath Condo for Rent

Available Jun 2

1200 Brickell Bay Dr, Unit 2803

1200 Brickell Bay Dr
MiamiFL33131

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.

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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

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 418 NW 8th St

$1,899

Total Monthly Price

Total Monthly Price

Base Rent
$1,899
Total Monthly Price
$1,899

Studio, 1 Bath Condo for Rent

Available Now

418 NW 8th St, Unit B3

418 NW 8th St
MiamiFL33136
property at 413 NW 6th St

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900
Total Monthly Price
$1,900

Studio, 1 Bath Condo for Rent

Available Now

413 NW 6th St, Unit A

413 NW 6th St
MiamiFL33136
property at 450 SW 3rd St

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900
Total Monthly Price
$1,900

1 Bedroom, 1.5 Bath Condo for Rent

Available Jul 1

450 SW 3rd St, Unit 1

450 SW 3rd 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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910 SW 4th Ave, Unit 3
$2,000
Total Monthly Price

Total Monthly Price

Base Rent
$2,000
Total Monthly Price
$2,000
2 Bedroom Apartment Available Now

910 SW 4th Ave, Unit 3

910 SW 4th AveMiami, FL 33130
Affordability
  • Smoke Free
property at 234 NE 3rd St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000
Total Monthly Price
$2,000

1 Bedroom, 1 Bath Condo for Rent

Available Now

234 NE 3rd St, Unit 705

234 NE 3rd St
MiamiFL33132
property at 101 E Flagler St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000
Total Monthly Price
$2,000

1 Bedroom, 1 Bath Condo for Rent

Available Now

101 E Flagler St, Unit 707

101 E Flagler St
MiamiFL33131
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 36 NE 1st St

$2,035

Total Monthly Price

Total Monthly Price

Base Rent
$2,035
Total Monthly Price
$2,035

Studio, 1 Bath Condo for Rent

Available Now

36 NE 1st St, Unit 1720

36 NE 1st St
MiamiFL33132

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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The Vibe Miami
$2,092 - $6,019
Total Monthly Price

Total Monthly Price

Base Rent
$2,092 - $6,019
Total Monthly Price
Varies
1 to 4 Bedroom Apartments Available Now

The Vibe Miami

700 SW 1st StMiami, FL 33130
Corporate Housing
  • Verified
  • Customer Reviewed
property at 133 NE 2nd Ave

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100
Total Monthly Price
$2,100

1 Bedroom, 1 Bath Condo for Rent

Available Now

133 NE 2nd Ave, Unit 210

133 NE 2nd Ave
MiamiFL33132

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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Showing Results 1-50, Page 1 of 5

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 1 Bed unit found at New Arena Square Apartments priced from $950. Culmer Place has the second lowest priced unit, which is a Studio apartment currently listed from $1,361. Here are the most affordable Miami Central Business District apartments for rent in Miami, FL:

Apartment ListingModel NameBed/BathPriced From
New Arena Square Apartments1Bed 1Bath1BR,1BA$950
Culmer PlaceStudioStudio,1BA$1,361
Manhattan IIMC-A1BR,1BA$1,399
448-458 NW 7th StMC-A1BR,1BA$1,399
Miami CentralMC-A1BR,1BA$1,399
Miami Central ApartmentsMC-A1BR,1BA$1,399
Newly Renovated Community Invigorating Miami's Downtown Urban Core!0BR/1.0BAStudio,1BA$1,446
Miami Station1 Bedroom/1 Bath1BR,1BA$1,500
600 SW 9 AVE | Little Havana (East Little Havana)1/11BR,1BA$1,750
Iroquois2 Bed x 1 Bath2BR,1BA$1,750

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

As of June 01, 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 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 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
186 NW 13th St, Unit B2186 NW 13th St2BR,2BA$1.53
133 NE 2nd Ave Unit 32062 Bedroom2BR,2BA$2.55
Parkview ApartmentsC2BR,2BA$2.19
221 SW 9th Ave, Unit Unit 2221 SW 9th Ave2BR,1BA$2.41
Newly Renovated Community Invigorating Miami's Downtown Urban Core!2BR/1.0BA2BR,1BA$2.09
New Arena Square Apartments1Bed 1Bath1BR,1BA$1.29
Manhattan IIMC-A1BR,1BA$1.90
Iroquois2 Bed x 1 Bath2BR,1BA$2.50
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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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 #6

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 $1,750.

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

The cheapest apartment in Miami Central Business District is New Arena Square Apartments which is listed at $950, while the average apartment in Miami Central Business District costs $6,500.

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 $164 which is $6,336 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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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.

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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

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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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.

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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.

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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.