Best Affordable Neighborhoods in Miami Beach, FL

Some of the cheapest neighborhoods in Miami Beach are Isle of Normandy Miami View, Biscayne Beach, and Normandy Shores. These neighborhoods offer some of the lowest rent prices in Miami Beach, making them ideal for renters on a budget. As of December 16, 2025, the average rent in Miami Beach is $1,995, which is 0.3% 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.

Isle of Normandy Miami View

Average Rent

$1,808/Month

TransitScore® Rating

38/100

Units Available

42 Rentals

Isle of Normandy Miami View is an affordable neighborhood in Miami Beach with an average rent price of $1,808. Compare this to the city average of $1,995. Isle of Normandy Miami View provides easy access to Park West, Museum Park Metromover Station, and Barry University. It’s a somewhat walkable neighborhood with a WalkScore® of 56.

Biscayne Beach

Average Rent

$1,900/Month

Year-Over-Year Rent Change

0.7%

TransitScore® Rating

47/100

Units Available

44 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.

Normandy Shores

Average Rent

$1,905/Month

Year-Over-Year Rent Change

0.9%

TransitScore® Rating

46/100

Units Available

24 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

$1,950/Month

Year-Over-Year Rent Change

1%

TransitScore® Rating

44/100

Units Available

95 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.

Orchard

Average Rent

$2,161/Month

TransitScore® Rating

59/100

Units Available

16 Rentals

If you’re looking for a great, affordable neighborhood in Miami Beach, Orchard might be the perfect place! It has an average rent price of $2,161, while the city’s average stands at $1,995. Orchard is near 1212 Lincoln Road, Jungle Island, and Miami International.

The Aviator

Average Rent

$2,247/Month

TransitScore® Rating

51/100

Units Available

59 Rentals

The Aviator is a top choice for budget-conscious renters for a variety of reasons. The average rent in The Aviator is $2,247 while the city average is $1,995. Residents enjoy convenient access to Miami Dade College, Medical, Miami International, and Miami Seaquarium. The neighborhood is considered walkable with a WalkScore® of 97.

Beach Bay

Average Rent

$2,417/Month

TransitScore® Rating

46/100

Units Available

38 Rentals

When you’re looking for a great Miami Beach neighborhood on a budget, check out Beach Bay. The average rent is $2,417, compared to the city average of $1,995. Beach Bay is convenient to Barry University, Park West, and School Board. The community is somewhat walkable with a WalkScore® of 54.

Lenox Manor

Average Rent

$2,812/Month

TransitScore® Rating

51/100

Units Available

98 Rentals

Lenox Manor is an affordable neighborhood in Miami Beach with an average rent price of $2,812. Compare this to the city average of $1,995. Lenox Manor provides easy access to Miami Seaquarium, AI Miami, and Museum Park Metromover Station. It’s a walkable neighborhood with a WalkScore® of 95.

Lummus Park

Average Rent

$2,841/Month

TransitScore® Rating

53/100

Units Available

29 Rentals

Lummus Park is known for its beachfront location and proximity to Ocean Drive. Enjoy historic Art Deco buildings and modern apartments with easy access to the park, beach, and nightlife. The area is ideal for renters seeking an active, urban lifestyle by the sea.

Flamingo

Average Rent

$2,946/Month

Year-Over-Year Rent Change

0.4%

TransitScore® Rating

54/100

Units Available

428 Rentals

Named for the famous Flamingo Hotel, the Flamingo neighborhood still retains the elegance inspired by the 1920s hotel. While the hotel no longer exists, Flamingo is a delightful community near the shops, restaurants, and entertainment venues along Lincoln Road.

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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.