Cheap Homes for Rent in Miami Downtown Business District Miami, FL from $1,600 (13 Rentals)

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Search the lowest-cost Homes available for rent right now in the Miami Downtown 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 1205 Mariposa Ave

1205 Mariposa Ave

Coral GablesFL33146

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 5961 SW 68th St

5961 SW 68th St

South MiamiFL33143
property at 1235 Mariposa Ave

1235 Mariposa Ave

Coral GablesFL33146
Showing Results 1-13, Page 1 of 1

Miami Downtown Business District, Miami, FL Local Guide

Cheapest Available Miami Downtown Business District Apartments for Rent

 

The cheapest available apartment rental in the Miami Downtown Business District area of Miami, FL is a Studio unit found at Legacy at South Miami priced from $1,550. Palm Plaza Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,600. Here are the most affordable Miami Downtown Business District apartments for rent in Miami, FL:

Apartment ListingModel NameBed/BathPriced From
Legacy at South MiamiStudioStudio,1BA$1,550
Palm Plaza Apartments1/11BR,1BA$1,600
Sunset Club ApartmentsOne Bedroom1BR,1BA$1,650
Sunset Square1x1 600-7001BR,1BA$1,800
The Standard at Coral GablesCamden 5 - 3x33BR,3BA$1,909

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

As of September 11, 2025 the best value apartment in the Miami Downtown Business District area is the $3.53 price per square foot B2 Model at Bower South Miami in the in the South Miami neighborhood starting from $4,200. The second greatest value Miami Downtown Business District apartment is the San Remo Model at Red Road Commons starting at $3,760 with a $3.38 price per square foot in the South Miami neighborhood. Here is today’s list of the best values for Miami Downtown Business District apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Bower South MiamiB22BR,2BA$3.53
Red Road CommonsSan Remo3BR,2BA$3.38
Residences at Somi Parc3 Bedroom3BR,2BA$3.38
Valencia South Miami2BD, 2BTH B12BR,2BA$2.86
The Standard at Coral GablesArden 2-A - 1x11BR,1BA$5.50
The Cloisters MiamiBelleview2BR,2BA$5.30
SoMi Happy Livin' (Furnished)2 Bed 1 Bath2BR,1BA$4.08
Sunset Square1x1 600-7001BR,1BA$2.57
Sunset Club ApartmentsOne Bedroom1BR,1BA$2.70
Palm Plaza Apartments1/11BR,1BA$2.67

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Miami Downtown Business District, Miami, FL

Ranked #39

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Miami Downtown Business District, Miami, FL

School data provided by Great Schools

Frequently Asked Questions about Miami Downtown Business District

What type of rentals are currently available in Miami Downtown Business District?

There are currently 73 Apartments for Rent in Miami Downtown Business District, FL with pricing that ranges from $1,600 to $9,500. There are also 107 Single Family Homes for rent, Condos, and Townhome rentals currently available in Miami Downtown Business District ranging from $2,100 to $30,000.

What is the current price range for Rental Homes in Miami Downtown Business District?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Miami Downtown Business District ranges from $2,100 to $30,000 with an average monthly rent of $10,458.

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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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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.