Best Affordable Neighborhoods in Miami, FL
Some of the cheapest neighborhoods in Miami are South Miami Heights, Cloverleaf Estates, and Liberty City. These neighborhoods offer some of the lowest rent prices in Miami, making them ideal for renters on a budget. As of May 25, 2026, the average rent in Miami is $2,236, which is 0.4% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
South Miami Heights
Average Rent
$1,410/Month
Year-Over-Year Rent Change
1.2%
Units Available
47 Rentals
When you’re looking for a great Miami neighborhood on a budget, check out South Miami Heights. The average rent is $1,410, compared to the city average of $2,236. Rent prices have increased by 1.2%. South Miami Heights is convenient to Bill Sadowski Park, Miami International, and Quail Roost Plaza.
Cloverleaf Estates
Average Rent
$1,474/Month
Units Available
15 Rentals
Cloverleaf Estates is an affordable neighborhood in Miami with an average rent price of $1,474. Compare this to the city average of $2,236. Cloverleaf Estates provides easy access to Oleta River State Park, Norwood Shopping Center West, and Johnson & Wales Univ., Miami.
Liberty City
Average Rent
$1,562/Month
Year-Over-Year Rent Change
0.9%
Units Available
29 Rentals
If you’re looking for a great, affordable neighborhood in Miami, Liberty City might be the perfect place! It has an average rent price of $1,562, while the city’s average stands at $2,236. In the last year, prices have increased by 0.9%. Liberty City is near Shoppes Of Liberty City, Gator 734, and Miami Dade College, Medical.
Pinewood
Average Rent
$1,605/Month
Year-Over-Year Rent Change
2%
Units Available
17 Rentals
Pinewood is a top choice for budget-conscious renters for a variety of reasons. The average rent in Pinewood is $1,605 while the city average is $2,236. This is a -2% difference from last year. Residents enjoy convenient access to Miami International, Arch Creek Park & Nature Center, and Johnson & Wales Univ., Miami.
Golden Glades
Average Rent
$1,632/Month
Year-Over-Year Rent Change
0.1%
Units Available
79 Rentals
When you’re looking for a great Miami neighborhood on a budget, check out Golden Glades. The average rent is $1,632, compared to the city average of $2,236. Rent prices have decreased by 0.1%. Golden Glades is convenient to Fort Lauderdale/Hollywood International, Arch Creek Park & Nature Center, and FIU, Biscane Bay.
Country Walk
Average Rent
$1,815/Month
Year-Over-Year Rent Change
2.1%
Units Available
11 Rentals
Country Walk is an affordable neighborhood in Miami with an average rent price of $1,815. Compare this to the city average of $2,236. In the past year, rent prices have increased by 2.1%. Country Walk provides easy access to Univ. of Miami, Coral Gables, Zoo Miami, and The Shoppes at Country Walk.
Little River
Average Rent
$1,851/Month
Year-Over-Year Rent Change
1%
Units Available
36 Rentals
If you’re looking for a great, affordable neighborhood in Miami, Little River might be the perfect place! It has an average rent price of $1,851, while the city’s average stands at $2,236. In the last year, prices have increased by 1%. Little River is near Museum Park Metromover Station, Barry University, and Miami International.
Richmond West
Average Rent
$1,858/Month
Year-Over-Year Rent Change
3.5%
Units Available
29 Rentals
Richmond West is a top choice for budget-conscious renters for a variety of reasons. The average rent in Richmond West is $1,858 while the city average is $2,236. This is a 3.5% difference from last year. Residents enjoy convenient access to Miami Dade College, Kendall, Miami International, and Fruit & Spice Park.
Ives Estates
Average Rent
$1,862/Month
Year-Over-Year Rent Change
0.8%
Units Available
63 Rentals
When you’re looking for a great Miami neighborhood on a budget, check out Ives Estates. The average rent is $1,862, compared to the city average of $2,236. Rent prices have increased by 0.8%. Ives Estates is convenient to Enchanted Forest Elaine Gordon Park, Oleta River State Park, and Arch Creek Park & Nature Center.
University Park
Average Rent
$1,872/Month
Year-Over-Year Rent Change
0.7%
Units Available
18 Rentals
University Park is an affordable neighborhood in Miami with an average rent price of $1,872. Compare this to the city average of $2,236. In the past year, rent prices have decreased by 0.7%. University Park provides easy access to FIU, Modesto Maidique, Airport Station, and Miami Dade College, Kendall.
Ready to make your move to Miami? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.