Rental prices in Downtown Miami, Miami, FL have increased by 2.56% over the past year. The average rent moved from $3,140 to $3,220.
Check out the average rent in Miami.
The national average price of rental apartments is $1,750, while the average monthly rent in Downtown Miami, Miami, FL is $3,220.
The average monthly rent for an apartment in Downtown Miami, Miami, FL is around $3,220.
A share of 2% of apartments in Downtown Miami, Miami, FL have the cheapest rents between $1,001-$1,500. Around 26% of rentals are $2,501-$3,000. Around 2% of Downtown Miami's apartments have monthly rents between $1,501-$2,000. There are 16% of apartments with rents between $2,001-$2,500. A share of 54% of apartment rentals in Miami are in the > $3,000 range.
The largest share of rentals in Downtown Miami, Miami, FL (54%) fall between $3,000- per month. This suggests that most people succesfully find suitable apartments within this price.
Prices and availability in Downtown Miami, Miami, FL were last updated on 18 Nov 2025.
The best apartments in Downtown Miami, Miami, FL are: Atrium, Flow Miami East, Mint, X Miami and 850 North Miami Avenue, Unit Penthouse 2010.
The average rent in Downtown Miami, Miami, FL is $3,171.
The price range for a studio apartment in Downtown Miami, Miami, FL is between $1,725 and $3,886.
The price range for a 1-bedroom apartment in Downtown Miami, Miami, FL is between $1,351 and $6,200.
The price range for a 2-bedroom apartment in Downtown Miami, Miami, FL is between $2,850 and $7,700.
The price range for a 3-bedroom apartment in Downtown Miami, Miami, FL is between $1,351 and $8,010.
In Downtown Miami, 81% of the residents are renting compared to 19% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 59% of Downtown Miami’s rentals, 38% are small-scale complexes with under 50 units, and 3% are single-family rentals.
A coastal paradise along the Biscayne Bay is the neighborhood of downtown Miami. Because Miami is known as one of the trendiest cities in the world, it makes sense that downtown Miami is a very cool place to rent. And, as a business and tourist hub, there's so much to see and do, so for renters who like an active urban lifestyle, downtown Miami will deliver in spades. Specifically, renters can enjoy culture at the modern Perez Art Museum, a Miami Heat basketball game at American Airlines Arena, and countless top-notch restaurants all around this neighborhood. Or, the Bayside Market Place is a fun shopping and entertainment location with access to many marinas for renters who love to boat. Of course, being on the water or enjoying outdoor spaces is key to the high quality of life for renters in downtown Miami. Plus, right across the A1A bridge, renters have access to the stunning Miami Beach and all of the beachside fun that any renter would love.
In this densely urban neighborhood, it's estimated that a little more than 80% of the population are renters. As such, there are many high-rise luxury rental apartments, as well as smaller, four- or five-story communities. Amenities are also top-notch in this part of downtown Miami with features like rooftop pools, balconies overlooking the bay and concierge-style perks for renters to look forward to. Additionally, studios to four-bedroom rental apartments are common in many high-rise buildings with amenities that cater to busy professionals. That includes perks like dry cleaning services and grocery delivery. Many will even have a dedicated doorman stationed at the front door. Pets are also welcome in most rental communities in downtown Miami with pet washing stations, waste disposal areas and small pet play areas being common.
In total, Downtown Miami, Miami, FL has 12,579 residents, 5,734 women and 6,845 men, per U.S. Census recent estimates. Statistics show that the median age of Downtown Miami’s population is 36.
For renters who like an active lifestyle, downtown Miami is the place to be. For instance, for daytime fun, the Bayfront Park along the water is a fun place to go with more than 32 acres of space, a huge shopping complex and concerts on a regular basis. Or, for nightlife, there are plenty of clubs, like the E11even Club and restaurants all around downtown Miami near rental apartments. Meanwhile, boating enthusiasts will enjoy the fact that there are at least four marinas in this area, including Epic Marina, Miamarina at Bayside, Museum Park Marina and the Vice City Marina. And, shopping is practically a pastime in this part of South Florida. In fact, in downtown Miami alone, there are many places to shop, including the Bayside Marketplace, Ultramont Mall, and the Brickell City Center with upscale stores and luxury brand name shops.
There is a total of 6,432 households in Downtown Miami, Miami, FL. Of these, 895 have children and 5,536 are without children. Per Census Bureau’s most current estimates, 2,592 family households and 3,840 non-family households live in this area. The size of a household in Downtown Miami is 1.25 people, on average. The median household annual income in Downtown Miami equals $57,933, and the monthly housing costs equal $1,709.
Public transportation is very easy to use in downtown Miami and is run by the Miami Transit Authority. Namely, there are fixed buses that go through this neighborhood near rental apartments, as well as a "people mover" rail called the Metromover that goes in a fixed loop around downtown. There's also a heavy rail called the Metrorail that goes through downtown Miami and into neighboring suburbs, like Coconut Grove and Coral Gables. Clearly, it's quite possible to live in downtown Miami and not own a vehicle. Otherwise, for air travel, renters can use the Miami International Airport, which is only seven miles away via Florida 836 West. There are also bike- and scooter-sharing options to use via an app for a small fee around downtown Miami. This makes it fun and easy to get around to see the sights or get to work without a car in this very walkable neighborhood.
According to data from the U.S. Census Bureau, 10% of the population in Downtown Miami, Miami, FL have no high school education, 27% went to high-school, and 12% have partially completed college. Moreover, 7% of the population hold an Associate Degree, 26% hold a Bachelor Degree, and 19% hold a Graduate Degree.
RentCafe is your one-stop shop for finding a great new apartment in Downtown Miami, Miami, FL. Easily search through a wide selection of apartments for rent in Downtown Miami, Miami, FL, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse Downtown Miami, Miami, FL apartments with rents starting from $1,351 and submit your rental application today!
&cropxunits=300&cropyunits=200&width=480&quality=90)
.png?width=480&quality=90){kind=logo}
.jpg?width=480&quality=90)
