Downtown Market Trends

Downtown Miami is an urban residential neighborhood, and the central business district of Miami, Miami-Dade County, and South Florida in the United States. Brickell Avenue and Biscayne Boulevard are the main north-south roads, and Flagler Street is the main east-west road.
Locally known as Downtown, the area is a cultural, financial, and commercial center of South Florida, tracing its present-day history back to the 19th century. In recent years, Downtown Miami has grown to become the fastest-growing area in Miami, with large scale high-rise construction and population increase. Downtown is home to many major museums, parks, education centers, banks, company headquarters, courthouses, government offices, theaters, shops and many of the oldest buildings in the city.

Currently, the average rents in this neighborhood are approximately:

Bedrooms Average Rent
Studios $1,500
1 bedroom $1,766
2 bedrooms $3,928
3 bedrooms $3,285
Listing Price Bed/Bath

If you're looking for Downtown apartments on Craigslist but don't want to pay a broker fee, a good place to start your apartment search is Downtown no fee apartment guide.