Miami World Tower
710 NE 1st Ave,
Miami, FL 33132
$2,500 - $6,490 | Studio - 2 Beds
If you want to be in the center of it all, Downtown Miami is the place to be. This immensely diverse area has grown massively throughout the years and continues to develop. As one of the top business hubs in Florida, Downtown Miami is covered in skyscrapers and is the perfect place to live for an easy commute. Along with a growing skyline, Downtown is full of traditional architecture as well. Old and new converge to make the area unique and diverse.
Filled with urban street art, this colorful neighborhood is anything but boring. Shop till you drop at Bayside Market Place or catch a Miami Heat game at the American Airlines Arena. Jet ski in the bay or take in contemporary art at Pérez Art Museum. Jam-packed with world-class restaurants and booming with a vibrant nightlife, finding something to do Downtown won’t ever be a problem. Enjoy a sunny day at the laid-back Bayfront Park or dance the night away at the electric E11eleven. Search among a varied selection of properties and become immersed in the lively and dynamic atmosphere of Downtown Miami.
As of July 2025, the average apartment rent in Downtown Miami is $2,449 for a studio, $2,769 for one bedroom, $3,530 for two bedrooms, and $4,456 for three bedrooms. Apartment rent in Downtown Miami has increased by 3.1% in the past year.
Studio
528 sq ft
Average Sq Ft
$2,449/month
Average Rent
1 BR
743 sq ft
Average Sq Ft
$2,769/month
Average Rent
2 BR
1,025 sq ft
Average Sq Ft
$3,530/month
Average Rent
3 BR
1,442 sq ft
Average Sq Ft
$4,456/month
Average Rent
3,280
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.