Best Affordable Neighborhoods in Miami Beach, FL
Some of the cheapest neighborhoods in Miami Beach are Isle of Normandy Miami View, Normandy Shores, and Normandy Isles. These neighborhoods offer some of the lowest rent prices in Miami Beach, making them ideal for renters on a budget. As of February 2, 2026, the average rent in Miami Beach is $2,072, which is 1.6% 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.
Isle of Normandy Miami View
Average Rent
$1,855/Month
TransitScore® Rating
38/100
Units Available
41 Rentals
Isle of Normandy Miami View is a top choice for budget-conscious renters for a variety of reasons. The average rent in Isle of Normandy Miami View is $1,855 while the city average is $2,072. Residents enjoy convenient access to AI Miami, Park West, and Arch Creek Park & Nature Center. The neighborhood is considered somewhat walkable with a WalkScore® of 56.
Normandy Shores
Average Rent
$1,893/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
46/100
Units Available
30 Rentals
Normandy Shores is known for its golf course and scenic views of Biscayne Bay. Renters in Normandy Shores appreciate the proximity to parks, local shops, and restaurants. The area provides a tranquil setting with easy access to nearby beaches and downtown Miami.
Normandy Isles
Average Rent
$1,953/Month
Year-Over-Year Rent Change
0.5%
TransitScore® Rating
44/100
Units Available
100 Rentals
Normandy Isles is a charming waterfront neighborhood that provides beautiful parks and the Normandy Shores Golf Course. Renters appreciate the neighborhood's top-rated schools, peaceful lifestyle, and quick access to Miami Beach and the mainland.
Biscayne Beach
Average Rent
$1,956/Month
Year-Over-Year Rent Change
1.5%
TransitScore® Rating
47/100
Units Available
43 Rentals
Enjoy stunning waterfront living at Biscayne Beach. This neighborhood provides easy access to Biscayne Bay and recreational activities like boating and kayaking. Enjoy a serene atmosphere just minutes from Miami Beach's fun-filled nightlife. Biscayne Beach offers a variety of rentals, from condos and apartments to single-family homes.
Orchard
Average Rent
$2,167/Month
TransitScore® Rating
59/100
Units Available
12 Rentals
When you’re looking for a great Miami Beach neighborhood on a budget, check out Orchard. The average rent is $2,167, compared to the city average of $2,072. Orchard is convenient to Miami Dade College, Wolfson, Eleventh Street, and AI Miami. The community is walkable with a WalkScore® of 88.
The Aviator
Average Rent
$2,210/Month
TransitScore® Rating
51/100
Units Available
55 Rentals
The Aviator is an affordable neighborhood in Miami Beach with an average rent price of $2,210. Compare this to the city average of $2,072. The Aviator provides easy access to Biscayne Nature Center, Miami Children's Museum, and College/Bayside. It’s a walkable neighborhood with a WalkScore® of 97.
Beach Bay
Average Rent
$2,364/Month
TransitScore® Rating
46/100
Units Available
37 Rentals
If you’re looking for a great, affordable neighborhood in Miami Beach, Beach Bay might be the perfect place! It has an average rent price of $2,364, while the city’s average stands at $2,072. Beach Bay is near Museum Park Metromover Station, AHM 71st Street, and School Board.
Surprise Lake
Average Rent
$2,517/Month
TransitScore® Rating
55/100
Units Available
14 Rentals
Surprise Lake is a top choice for budget-conscious renters for a variety of reasons. The average rent in Surprise Lake is $2,517 while the city average is $2,072. Residents enjoy convenient access to Miami Dade College, Wolfson, Ocean Steps Retail, and Arch Creek Park & Nature Center. The neighborhood is considered somewhat walkable with a WalkScore® of 66.
Lenox Manor
Average Rent
$2,874/Month
TransitScore® Rating
51/100
Units Available
88 Rentals
When you’re looking for a great Miami Beach neighborhood on a budget, check out Lenox Manor. The average rent is $2,874, compared to the city average of $2,072. Lenox Manor is convenient to College/Bayside, Jungle Island, and Bayfront Park. The community is walkable with a WalkScore® of 95.
North Beach
Average Rent
$3,013/Month
Year-Over-Year Rent Change
0.7%
TransitScore® Rating
31/100
Units Available
542 Rentals
Extending from 60th Street to Surfside, North Beach is a residential neighborhood offering beautiful stretches of beaches and a relaxed atmosphere. Unlike bustling South Beach, this community is quieter and doesn't contain much Art Deco architecture. Instead, North Beach is filled with an architectural style known as Miami Modernism, or MiMo. North Beach renters enjoy spending time at North Beach Oceanside Park, catching shows at the Miami Beach Bandshell, or golfing at the Normandy Shores Golf Club.
Ready to make your move to Miami Beach? 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.