Cheap Apartments for Rent in the Downtown Miami Neighborhood of Miami, FL from $300 (123 Rentals)Page 3 of 3
Search the lowest-cost Apartments available for rent right now in the Downtown Miami area of Miami.
Downtown Miami, Miami, FL Local Guide

How much does it cost to rent an apartment in Downtown Miami?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Miami Studio Apartments | $2,504 | $1,099 | $5,217 |
Downtown Miami 1 Bedroom Apartments | $3,047 | $510 | $7,415 |
Downtown Miami 2 Bedroom Apartments | $3,846 | $567 | $10,000+ |
Downtown Miami 3 Bedroom Apartments | $4,917 | $619 | $10,000+ |
Downtown Miami 4 Bedroom Apartments | $6,622 | $3,495 | $10,000+ |
Downtown Miami 5 Bedroom Apartments | $4,700 | $4,700 | $4,700 |
Browse Apartments in this Neighborhood
There are currently 123 rentals with your search options within a 2 mile radius of the Downtown Miami Neighborhood of Miami, FL.
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Frequently Asked Questions about Cheap Downtown Miami Apartments
What is a cheap apartment in Downtown Miami?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Miami is under $1,700.
What is the price of a cheap apartment in Downtown Miami?
The cheapest apartment in Downtown Miami is Discover Comfort and Convenience which is listed at $1,400, while the average apartment in Downtown Miami costs $4,792.
What types of apartments are the cheapest in Downtown Miami?
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 123 regular apartments in Downtown Miami 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 Downtown Miami?
Cheap apartments in Downtown Miami have an average cost of $266 which is $4,526 cheaper than the average rent for all rentals in Downtown Miami.
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.

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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.