Cheap Homes for Rent in Downtown North Miami Neighborhood of Miami, FL from $1,400 (27 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown North Miami area of Miami.

property at 1500 NE 127th St

1500 NE 127th St

North MiamiFL33161
property at 1225 NE 124th St

1225 NE 124th St

North MiamiFL33161

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

property at 13390 NE 7th Ave

13390 NE 7th Ave

North MiamiFL33161
property at 12890 NE 8th Ave

12890 NE 8th Ave

North MiamiFL33161

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

property at 1250 NE 125th St

1250 NE 125th St

North MiamiFL33161

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

property at 12035 NE 2nd Ave

12035 NE 2nd Ave

North MiamiFL33161

Miami's Best Affordable Neighborhoods

Learn about Miami and the best places to live with original content written by our Miami, FL Local Expert Kelly Reising

property at 1470 NE 123rd St

1470 NE 123rd St

North MiamiFL33161

Downtown North Miami, Miami, FL Local Guide

Cheapest Available Downtown North Miami Apartments for Rent

 

The cheapest available apartment rental in the Downtown North Miami area of Miami, FL is a Studio unit found at Coral Terrace priced from $1,050. Center Court has the second lowest priced unit, which is a Studio apartment currently listed from $1,135. Here are the most affordable Downtown North Miami apartments for rent in Miami, FL:

Apartment ListingModel NameBed/BathPriced From
Coral TerraceStudioStudio,1BA$1,050
Center Court0 Bedroom 1 BathStudio,1BA$1,135
West Dixie TowersONE BEDROOM UNIT1BR,1BA$1,500
Park TowersStudioStudio,1BA$1,550
Lakeside at Biscayne GardensE-A21BR,1BA$1,575
Oak Grove1 Bedroom 1 Bath Deluxe1BR,1BA$1,575
Three Kings on 135th Apartments1 Bedroom, 1 Bathroom1BR,1BA$1,595
Studio & 1 Bedroom Apts For Rent in North MiamiA1 | 1 Bed | 1 Bath1BR,1BA$1,599

Best Value Apartments for Rent in Downtown North Miami, FL

As of May 15, 2025 the best value apartment in the Downtown North Miami area is the $1.15 price per square foot 1320 NE 117th Ter Model at 1320 NE 117th Ter, Unit 1 in the in the North Miami neighborhood starting from $2,900. The second greatest value Downtown North Miami apartment is the 1270 NE 136th Ter Model at 1270 NE 136th Ter, Unit Apt 3 starting at $2,000 with a $1.82 price per square foot in the North Miami neighborhood. Here is today’s list of the best values for Downtown North Miami apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1320 NE 117th Ter, Unit 11320 NE 117th Ter3BR,2BA$1.15
1270 NE 136th Ter, Unit Apt 31270 NE 136th Ter2BR,2BA$1.82
Gardens ResidencesB-1G2BR,2BA$2.35
Parkview at Griffing Park Apartments2 Bedroom, 1 Bathroom2BR,1BA$2.39
457 NE 139th St, Unit 443457 NE 139th St1BR,1BA$1.83
West Dixie TowersONE BEDROOM UNIT1BR,1BA$2.00
Forest PlaceBanyan1BR,1BA$2.16
Three Kings on 135th Apartments1 Bedroom, 1 Bathroom1BR,1BA$2.36
Oak Grove1 Bedroom 1 Bath Deluxe1BR,1BA$2.34
Center Court0 Bedroom 1 BathStudio ,1BA$2.39

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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Frequently Asked Questions about Downtown North Miami

What type of rentals are currently available in Downtown North Miami?

There are currently 436 Apartments for Rent in Downtown North Miami, FL with pricing that ranges from $1,050 to $13,760. There are also 105 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown North Miami ranging from $1,450 to $14,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown North Miami ranges from $1,450 to $14,000 with an average monthly rent of $3,528.

How much are larger Three and Four Bedroom Rentals in Downtown North Miami?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown North Miami range from $1,649 to $7,354, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,799 to $14,000. Four Bedroom Single-Family rentals are also available starting from $3,200 and Four Bedroom Apartments start at $2,250.

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.

decorative image for The 10 Best Affordable Neighborhoods in Miami, FL article

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.