5 Affordable Neighborhoods in Miami, FL
Enchanted by the Magic City? These five affordable Miami neighborhoods make living in this sun-drenched city spellbinding.
Located in the heart of southeastern Florida, Miami is a vibrant city with a distinct international appeal. Miami’s diversity is evident in its neighborhoods, from the artistic allure of Wynwood and the financial prowess of Brickell to the dance halls of Little Havana and the tranquil vibe of Coconut Grove. Downtown Miami is at the city’s core, boasting the third-tallest skyline in the U.S. alongside the picturesque Biscayne Bay.
Miami’s rental options are also incredibly diverse, from luxury apartments and beachfront condos in the city center to cozy townhomes and spacious houses in the suburbs. Miami offers plenty to do outside the home. Residents and visitors alike enjoy perusing the extensive exhibits at the Perez Art Museum, Phillip and Patricia Frost Museum of Science, Miami Children’s Museum, and Vizcaya Museum and Gardens. Miami loves their sports, cheering on the MLB Marlins at LoanDepot Park, NBA Heat at Miami-Dade Arena, and NFL Dolphins at Hard Rock Stadium in Miami Gardens. Shopping and dining options are also abundant in Miami, with mainstays like Bayside Marketplace, CocoWalk, Shops at Merrick Park, Calle Ocho, and many more.
Miami is home to several prominent universities, such as the University of Miami, Florida International University, and Barry University as well as Miami Dade College. Miami residents enjoy easy beach access in neighboring Miami Beach and on Key Biscayne. Although the city is working on increasing access to public transit with the Tri-Rail, Metromover, and Metrobuses, getting around by car is still the most common mode of transportation.
The Miami skyline on a cloudy day
Cruising along the coast of Miami
A dramatic Miami sunset
The historic Vizcaya Museum and Gardens is located in the Coconut Grove neighborhood
A pedestrian walkway in the Design District
Shopping in the Design District
As of December 2024, the average apartment rent in Miami, FL is $2,015 for a studio, $2,134 for one bedroom, $2,713 for two bedrooms, and $3,584 for three bedrooms. Apartment rent in Miami has increased by 2.2% in the past year.
Enchanted by the Magic City? These five affordable Miami neighborhoods make living in this sun-drenched city spellbinding.
Thinking about moving to Miami? Locals share everything you need to know about life in the Magic City, from traffic to festivals and from jobs to the weather.
Looking for a great apartment in Miami? Here are some tips on how to find your perfect home.
Thinking about moving to Miami? Here are some pros and cons of living in the Magic City to help you decide.
Want a peek into the lives of the rich and famous? Here are the top five most lavish rentals in Miami.
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Public
Grades PK-5
1,196 Students
Public
Grades PK-5
945 Students
Ethel Koger Beckham Elementary
Public
Grades PK-8
838 Students
Public
Grades PK-12
797 Students
Public
Grades PK-5
770 Students
Public
Grades 6-12
1,788 Students
Herbert A. Ammons Middle School
Public
Grades 6-8
1,005 Students
Ethel Koger Beckham Elementary
Public
Grades PK-8
838 Students
Public
Grades PK-12
797 Students
Public
Grades PK-8
747 Students
Public
Grades 6-12
1,788 Students
Terra Environmental Research Institute
Public
Grades 9-12
1,619 Students
Public
Grades PK-12
797 Students
Design & Architecture Senior High
Public
Grades 9-12
489 Students
Young Womens Preparatory Academy
Public
Grades 6-12
350 Students
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