Best Affordable Neighborhoods in Miami, FL
Some of the cheapest neighborhoods in Miami are Orange Heights, North Liberty City, and Edison Heights. These neighborhoods offer some of the lowest rent prices in Miami, making them ideal for renters on a budget. As of February 23, 2026, the average rent in Miami is $2,209, which is 0.1% lower 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.
Orange Heights
Average Rent
$1,323/Month
TransitScore® Rating
47/100
Units Available
10 Rentals
If you’re looking for a great, affordable neighborhood in Miami, Orange Heights might be the perfect place! It has an average rent price of $1,323, while the city’s average stands at $2,209. Orange Heights is near Miami Dade College, North, Vizcaya Museum and Gardens, and AI Miami.
North Liberty City
Average Rent
$1,405/Month
TransitScore® Rating
48/100
Units Available
12 Rentals
North Liberty City is a top choice for budget-conscious renters for a variety of reasons. The average rent in North Liberty City is $1,405 while the city average is $2,209. Residents enjoy convenient access to Edison Plaza, Shoppes Of Liberty City, and Adrienne Arsht Center. The neighborhood is considered somewhat walkable with a WalkScore® of 59.
Edison Heights
Average Rent
$1,426/Month
TransitScore® Rating
46/100
Units Available
14 Rentals
When you’re looking for a great Miami neighborhood on a budget, check out Edison Heights. The average rent is $1,426, compared to the city average of $2,209. Edison Heights is convenient to Miami Children's Museum, Airport Station, and Shoppes Of Liberty City. The community is somewhat walkable with a WalkScore® of 56.
Liberty Square
Average Rent
$1,427/Month
TransitScore® Rating
47/100
Units Available
15 Rentals
Liberty Square is an affordable neighborhood in Miami with an average rent price of $1,427. Compare this to the city average of $2,209. Liberty Square provides easy access to Edison Plaza, Miami Dade College, Medical, and Arch Creek Park & Nature Center. It’s a somewhat walkable neighborhood with a WalkScore® of 60.
King Heights
Average Rent
$1,462/Month
TransitScore® Rating
48/100
Units Available
19 Rentals
If you’re looking for a great, affordable neighborhood in Miami, King Heights might be the perfect place! It has an average rent price of $1,462, while the city’s average stands at $2,209. King Heights is near Adrienne Arsht Center, Miami Children's Museum, and Airport Station.
Liberty City
Average Rent
$1,486/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
50/100
Units Available
30 Rentals
Liberty City is a top choice for budget-conscious renters for a variety of reasons. The average rent in Liberty City is $1,486 while the city average is $2,209. This is a 0.8% difference from last year. Residents enjoy convenient access to Barry University, Gator 734, and Miami Dade College, Medical. The neighborhood is considered walkable with a WalkScore® of 71.
Arch Creek Estates
Average Rent
$1,488/Month
TransitScore® Rating
44/100
Units Available
17 Rentals
When you’re looking for a great Miami neighborhood on a budget, check out Arch Creek Estates. The average rent is $1,488, compared to the city average of $2,209. Arch Creek Estates is convenient to 149th Street Shoppes, Dixie Center, and Eleventh Street. The community is walkable with a WalkScore® of 75.
Cloverleaf Estates
Average Rent
$1,500/Month
TransitScore® Rating
51/100
Units Available
25 Rentals
Cloverleaf Estates is an affordable neighborhood in Miami with an average rent price of $1,500. Compare this to the city average of $2,209. Cloverleaf Estates provides easy access to Miami International, Greynolds Park, and Norwood Shopping Center West. It’s a walkable neighborhood with a WalkScore® of 77.
Pinewood
Average Rent
$1,513/Month
Year-Over-Year Rent Change
3.6%
TransitScore® Rating
2/100
Units Available
14 Rentals
If you’re looking for a great, affordable neighborhood in Miami, Pinewood might be the perfect place! It has an average rent price of $1,513, while the city’s average stands at $2,209. In the last year, prices have decreased by 3.6%. Pinewood is near Arch Creek Park & Nature Center, Johnson & Wales Univ., Miami, and Miami International.
North Ridge
Average Rent
$1,516/Month
TransitScore® Rating
51/100
Units Available
24 Rentals
North Ridge is a top choice for budget-conscious renters for a variety of reasons. The average rent in North Ridge is $1,516 while the city average is $2,209. Residents enjoy convenient access to Miami International, Greynolds Park, and Barry University. The neighborhood is considered walkable with a WalkScore® of 82.
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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.