Most Affordable Neighborhoods in Miami, FL
Some of the cheapest neighborhoods in Miami are Gladeview, King Heights, and Liberty Square. These neighborhoods offer some of the lowest rent prices in Miami, making them ideal for renters on a budget. As of June 14, 2025, the average rent in Miami is $2,175, which is 1.1% 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.
Gladeview
Average Rent
$1,422/Month
Year-Over-Year Rent Change
4.4%
TransitScore® Rating
7/100
Units Available
20 Rentals
If you’re looking for a great, affordable neighborhood in Miami, Gladeview might be the perfect place! It has an average rent price of $1,422, while the city’s average stands at $2,175. In the last year, prices have increased by 4.4%. Gladeview is near Adrienne Arsht Center Metromover Station, Univ. of Miami, Uhealth, and Jungle Island.
King Heights
Average Rent
$1,458/Month
TransitScore® Rating
48/100
Units Available
11 Rentals
King Heights is a top choice for budget-conscious renters for a variety of reasons. The average rent in King Heights is $1,458 while the city average is $2,175. Residents enjoy convenient access to Gator 734, Miami Science Museum - Closed, and Arch Creek Park & Nature Center. The neighborhood is considered walkable with a WalkScore® of 72.
Liberty Square
Average Rent
$1,493/Month
TransitScore® Rating
47/100
Units Available
11 Rentals
When you’re looking for a great Miami neighborhood on a budget, check out Liberty Square. The average rent is $1,493, compared to the city average of $2,175. Liberty Square is convenient to Jungle Island, School Board Metromover Station, and Fort Lauderdale/Hollywood International. The community is somewhat walkable with a WalkScore® of 60.
Arch Creek Estates
Average Rent
$1,533/Month
TransitScore® Rating
44/100
Units Available
18 Rentals
Arch Creek Estates is an affordable neighborhood in Miami with an average rent price of $1,533. Compare this to the city average of $2,175. Arch Creek Estates provides easy access to Enchanted Forest Elaine Gordon Park, FIU, Biscane Bay, and 149th Street Shoppes. It’s a walkable neighborhood with a WalkScore® of 75.
South Miami Heights
Average Rent
$1,550/Month
Year-Over-Year Rent Change
2.3%
TransitScore® Rating
19/100
Units Available
53 Rentals
If you’re looking for a great, affordable neighborhood in Miami, South Miami Heights might be the perfect place! It has an average rent price of $1,550, while the city’s average stands at $2,175. In the last year, prices have increased by 2.3%. South Miami Heights is near Deering Estate, Zoo Miami, and Quail Roost Village.
Northwestern Estates
Average Rent
$1,550/Month
TransitScore® Rating
50/100
Units Available
12 Rentals
Northwestern Estates is a top choice for budget-conscious renters for a variety of reasons. The average rent in Northwestern Estates is $1,550 while the city average is $2,175. Residents enjoy convenient access to Edison Plaza, Miami Dade College, North, and Miami Science Museum - Closed. The neighborhood is considered walkable with a WalkScore® of 77.
Cloverleaf Estates
Average Rent
$1,577/Month
TransitScore® Rating
51/100
Units Available
19 Rentals
When you’re looking for a great Miami neighborhood on a budget, check out Cloverleaf Estates. The average rent is $1,577, compared to the city average of $2,175. Cloverleaf Estates is convenient to Miami Gardens Shopping Center, Barry University, and Fort Lauderdale/Hollywood International. The community is walkable with a WalkScore® of 77.
Liberty City
Average Rent
$1,582/Month
Year-Over-Year Rent Change
0.6%
TransitScore® Rating
50/100
Units Available
33 Rentals
Liberty City is an affordable neighborhood in Miami with an average rent price of $1,582. Compare this to the city average of $2,175. In the past year, rent prices have increased by 0.6%. Liberty City provides easy access to School Board Metromover Station, Eleventh Street Metromover Station, and Adrienne Arsht Center Metromover Station. It’s a walkable neighborhood with a WalkScore® of 71.
North Ridge
Average Rent
$1,588/Month
TransitScore® Rating
51/100
Units Available
18 Rentals
If you’re looking for a great, affordable neighborhood in Miami, North Ridge might be the perfect place! It has an average rent price of $1,588, while the city’s average stands at $2,175. North Ridge is near Cloverleaf Plaza, Enchanted Forest Elaine Gordon Park, and Miramar Pineland.
Lakeside at the Hammocks
Average Rent
$1,603/Month
TransitScore® Rating
34/100
Units Available
11 Rentals
Lakeside at the Hammocks is a top choice for budget-conscious renters for a variety of reasons. The average rent in Lakeside at the Hammocks is $1,603 while the city average is $2,175. Residents enjoy convenient access to Fort Lauderdale/Hollywood International, Univ. of Miami, Coral Gables, and Miami International. The neighborhood is considered car-dependent with a WalkScore® of 47.
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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.