Best Affordable Neighborhoods in Miami, FL
Some of the cheapest neighborhoods in Miami are Orange Heights, Liberty Square, and Edison Heights. These neighborhoods offer some of the lowest rent prices in Miami, making them ideal for renters on a budget. As of April 10, 2026, the average rent in Miami is $2,213, which is 0.4% 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
$1,380/Month
Units Available
14 Rentals
When you’re looking for a great Miami neighborhood on a budget, check out Orange Heights. The average rent is $1,380, compared to the city average of $2,213. Orange Heights is convenient to Museum Park Metromover Station, Miami International, and Gator 734.
Liberty Square
Average Rent
$1,430/Month
Units Available
19 Rentals
Liberty Square is an affordable neighborhood in Miami with an average rent price of $1,430. Compare this to the city average of $2,213. Liberty Square provides easy access to Miami Dade College, North, Museum Park Metromover Station, and Fort Lauderdale/Hollywood International.
Edison Heights
Average Rent
$1,430/Month
Units Available
19 Rentals
If you’re looking for a great, affordable neighborhood in Miami, Edison Heights might be the perfect place! It has an average rent price of $1,430, while the city’s average stands at $2,213. Edison Heights is near Miami Dade College, Medical, Shoppes Of Liberty City, and Jungle Island.
North Liberty City
Average Rent
$1,433/Month
Units Available
13 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 $1,433 while the city average is $2,213. Residents enjoy convenient access to Barry University, Arch Creek Park & Nature Center, and Jungle Island.
King Heights
Average Rent
$1,444/Month
Units Available
21 Rentals
When you’re looking for a great Miami neighborhood on a budget, check out King Heights. The average rent is $1,444, compared to the city average of $2,213. King Heights is convenient to Miami Dade College, Medical, Gator 734, and AI Miami.
Liberty City
Average Rent
$1,468/Month
Year-Over-Year Rent Change
0.7%
Units Available
32 Rentals
Liberty City is an affordable neighborhood in Miami with an average rent price of $1,468. Compare this to the city average of $2,213. In the past year, rent prices have increased by 0.7%. Liberty City provides easy access to Airport Station, Barry University, and Univ. of Miami, Uhealth.
Arch Creek Estates
Average Rent
$1,479/Month
Units Available
15 Rentals
If you’re looking for a great, affordable neighborhood in Miami, Arch Creek Estates might be the perfect place! It has an average rent price of $1,479, while the city’s average stands at $2,213. Arch Creek Estates is near Enchanted Forest Elaine Gordon Park, School Board, and Dixie Plaza.
South Miami Heights
Average Rent
$1,488/Month
Year-Over-Year Rent Change
1.4%
Units Available
51 Rentals
South Miami Heights is a top choice for budget-conscious renters for a variety of reasons. The average rent in South Miami Heights is $1,488 while the city average is $2,213. This is a 1.4% difference from last year. Residents enjoy convenient access to Univ. of Miami, Coral Gables, Zoo Miami, and Quail Heights Plaza.
Cloverleaf Estates
Average Rent
$1,493/Month
Units Available
16 Rentals
When you’re looking for a great Miami neighborhood on a budget, check out Cloverleaf Estates. The average rent is $1,493, compared to the city average of $2,213. Cloverleaf Estates is convenient to Saint Thomas University, Arch Creek Park & Nature Center, and Miami International.
North Ridge
Average Rent
$1,493/Month
Units Available
16 Rentals
North Ridge is an affordable neighborhood in Miami with an average rent price of $1,493. Compare this to the city average of $2,213. North Ridge provides easy access to Cloverleaf Plaza, Miramar Pineland, and Florida Memorial University.
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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.