Cheap Apartments for Rent in the Miami Central Business District Miami, FL from $400 (203 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 420 SW 7th Ave

$1,300 - $2,590

Total Monthly Price

Total Monthly Price

Base Rent
$1,300 - $2,590
Total Monthly Price
$1,300 - $2,590

Studio To 2 Bedroom Condos for Rent

Available May 1

420 SW 7th Ave

MiamiFL33130

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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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 800 N Miami Ave

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850
Total Monthly Price
$1,850

1 Bedroom, 1 Bath Condo for Rent

Available Now

800 N Miami Ave, Unit 102, Unit 102

800 N Miami Ave
MiamiFL33136
property at 777 NW 1st St

$1,875

Total Monthly Price

Total Monthly Price

Base Rent
$1,875
Total Monthly Price
$1,875

Studio, 1 Bath Condo for Rent

Available Now

777 NW 1st St, Unit 1103, Unit 1103

777 NW 1st St
MiamiFL33128
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Maizon Brickell
Rent Specials
$1,877 - $9,679
Total Monthly Price

Total Monthly Price

Base Rent
$1,877 - $9,679
Total Monthly Price
$1,877 - $9,679
Studio to 3 Bedroom Apartments Available Now

Maizon Brickell

221 SW 12th StMiami, FL 33130
Luxury
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property at 999 Brickell Bay Dr

$1,900 - $3,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,900 - $3,500
Total Monthly Price
$1,900 - $3,500

Studio To 2 Bedroom Condos for Rent

Available Now

999 Brickell Bay Dr

MiamiFL33131

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 143 SW 9th St

$1,975

Total Monthly Price

Total Monthly Price

Base Rent
$1,975
Total Monthly Price
$1,975

1 Bedroom, 1 Bath Condo for Rent

Available Now

143 SW 9th St, Unit 105, Unit 105

143 SW 9th St
MiamiFL33130
property at 801 Brickell Bay Dr

$2,000 - $5,500

Total Monthly Price

Total Monthly Price

Base Rent
$2,000 - $5,500
Total Monthly Price
$2,000 - $5,500

Studio To 3 Bedroom Condos for Rent

Available Now

801 Brickell Bay Dr

MiamiFL33131

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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property at 111 E Flagler St

$2,050

Total Monthly Price

Total Monthly Price

Base Rent
$2,050
Total Monthly Price
$2,050

1 Bedroom, 1 Bath Condo for Rent

Available Now

111 E Flagler St, Unit 606, Unit 606

111 E Flagler St
MiamiFL33131

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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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. Sawyer’s Walk has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,333. 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
Sawyer’s WalkTwo Bedroom2BR,2BA$1,333
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
Miami Station1 Bedroom/1 Bath1BR,1BA$1,400
Newly Renovated Community Invigorating Miami's Downtown Urban Core!0BR/1.0BAStudio,1BA$1,446

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

As of April 17, 2026 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 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.
186 NW 13th St, Unit B2186 NW 13th St2BR,2BA$1.53
133 NE 2nd Ave Unit 32062 Bedroom2BR,2BA$2.55
Sawyer’s WalkTwo Bedroom2BR,2BA$1.33
Brickell West City RentalsA21BR,1BA$2.70
535 SW 4th St, Unit 1535 SW 4th StStudio ,1BA$1.65
Newly Renovated Community Invigorating Miami's Downtown Urban Core!2BR/1.0BA2BR,1BA$2.09
221 SW 9th Ave, Unit Unit 1221 SW 9th Ave2BR,1BA$2.41
New Arena Square Apartments1Bed 1Bath1BR,1BA$1.29
Manhattan IIMC-A1BR,1BA$1.90
Miami Station1 Bedroom/1 Bath1BR,1BA$2.33

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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 $1,446.

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 114 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 $6,287 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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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.

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.