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 19, 2025, the average rent in Miami Beach is $2,068, which is 0% 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
$1,812/Month
TransitScore® Rating
38/100
Units Available
43 Rentals
When you’re looking for a great Miami Beach neighborhood on a budget, check out Isle of Normandy Miami View. The average rent is $1,812, compared to the city average of $2,068. Isle of Normandy Miami View is convenient to Barry University, Adrienne Arsht Center, and Oleta River State Park. The community is somewhat walkable with a WalkScore® of 56.
Biscayne Beach
Average Rent
$1,903/Month
Year-Over-Year Rent Change
0.7%
TransitScore® Rating
47/100
Units Available
40 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
23 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
$1,938/Month
Year-Over-Year Rent Change
1%
TransitScore® Rating
44/100
Units Available
90 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
$2,187/Month
TransitScore® Rating
59/100
Units Available
17 Rentals
Orchard is an affordable neighborhood in Miami Beach with an average rent price of $2,187. Compare this to the city average of $2,068. Orchard provides easy access to Miami Seaquarium, School Board, and AI Miami. It’s a walkable neighborhood with a WalkScore® of 88.
The Aviator
Average Rent
$2,269/Month
TransitScore® Rating
51/100
Units Available
62 Rentals
If you’re looking for a great, affordable neighborhood in Miami Beach, The Aviator might be the perfect place! It has an average rent price of $2,269, while the city’s average stands at $2,068. The Aviator is near Biscayne Nature Center, College/Bayside, and Miami Children's Museum.
Beach Bay
Average Rent
$2,428/Month
TransitScore® Rating
46/100
Units Available
37 Rentals
Beach Bay is a top choice for budget-conscious renters for a variety of reasons. The average rent in Beach Bay is $2,428 while the city average is $2,068. Residents enjoy convenient access to Eleventh Street, Museum Park Metromover Station, and Greynolds Park. The neighborhood is considered somewhat walkable with a WalkScore® of 54.
Lenox Manor
Average Rent
$2,841/Month
TransitScore® Rating
51/100
Units Available
100 Rentals
When you’re looking for a great Miami Beach neighborhood on a budget, check out Lenox Manor. The average rent is $2,841, compared to the city average of $2,068. Lenox Manor is convenient to AI Miami, Park on Fifth’s, and Shoppes of Fifth & Alton. The community is walkable with a WalkScore® of 95.
Flamingo
Average Rent
$3,009/Month
Year-Over-Year Rent Change
0.1%
TransitScore® Rating
54/100
Units Available
426 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.
Lummus Park
Average Rent
$3,020/Month
TransitScore® Rating
53/100
Units Available
27 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.
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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.