Miami, FL, has a bustling coastal atmosphere with glittering skyscrapers and golden beaches. With the Magic City’s culture, neighborhoods, and world-class attractions, Miami may be the right place for you to call home.
Miami can be expensive to live in, with an average rent of $2,237 for a studio and $2,727 for a one-bedroom apartment. If you’re looking to rent an apartment in Miami but need something more affordable, ApartmentGuide is here to help. We’ve compiled a list of the most affordable neighborhoods in Miami.
12 Affordable Neighborhoods in Miami, FL
From Shore Crest to Little River, these Miami neighborhoods offer great options for renters on a budget. The best part is that rents in these neighborhoods are all lower than the city’s average.
1. Shore Crest
2. Little River
3. Upper Eastside
4. Flagami
5. Model City
6. Little Haiti
7. Buena Vista
8. Allapattah
9. Little Havana
10. Silver Bluff
11. Shenandoah
12. The Roads
Let’s dive in and explore what these neighborhoods have to offer.
1. Shore Crest
Average studio rent: $1,300
Average 1-bedroom rent: $1,650
Apartments for rent in Shore Crest
Shore Crest is the most affordable neighborhood in Miami, as the average rent for a one-bedroom unit is $1,650. There are plenty of reasons to love living in Shore Crest, from attractions like the beautiful beaches and the Miami Shores Country Club to green spaces like Pelican Harbor Marina. It’s located on the northern end of Miami, and while there aren’t transit options, you can access major roads like NE 79th Street and Biscayne Boulevard.
2. Little River
Average studio rent: $1,350
Average 1-bedroom rent: $1,650
Apartments for rent in Little River
Little River is a bustling area north of Downtown Miami and just adjacent to Shore Crest. This affordable neighborhood has many attractions, such as the Athalie Range Park and ZeyZey Miami. It’s also close to Biscayne Boulevard, a popular street with lots of local restaurants like Uptown 66 and Doggi’s Arepa Bar.
3. Upper Eastside
Average studio rent: $1,325
Average 1-bedroom rent: $1,650
Apartments for rent in Upper Eastside
With an average one-bedroom rent of $1,650, Upper Eastside is the third-most affordable neighborhood in Miami. This coastal neighborhood is an awesome option if you want to be close to the beach. It’s home to several waterfront parks, like Baywood Park, Legion Park, and Morningside Park—all perfect for a relaxing afternoon. Upper Eastside is also just blocks from the Miami Design District, so it’s great for exploring and enjoying Miami.
4. Flagami
Average studio rent: $1,950
Average 1-bedroom rent: $1,675
Apartments for rent in Flagami
Flagami is the fourth-most affordable neighborhood in Miami. This neighborhood is a great option if you’re looking for access to plenty of shops and restaurants. For example, you can easily access Centro City Plaza, Airpark Plaza, the Magic City Casino, and Antonio Maceo Park. Flagami is on the west side of Miami, so it’s a little farther from Downtown, but it’s close to the Miami International Airport.
5. Model City
Average studio rent: $1,250
Average 1-bedroom rent: $1,700
Apartments for rent in Model City
About 5 miles from Downtown, Model City is a stellar neighborhood if you want to live close to Downtown. It’s also a great area if you live in Miami without a car, as Model City is near the metro station. You can easily access I-95 and I-195 freeways if you have a car. There are also parks nearby, such as Charles Hadley Park and Olinda Park.
6. Little Haiti
Average studio rent: $1,350
Average 1-bedroom rent: $1,700
Apartments for rent in Little Haiti
Next up is Little Haiti, the sixth-most affordable neighborhood in Miami. Little Haiti is full of history and charm with colorful streets, historic buildings, and museums. This area also has plenty of parks, restaurants, and attractions, so you’ll have lots to explore. Make sure to enjoy the outdoors at Little Haiti Cultural Complex, or grab a meal at one of the neighborhood restaurants, like Clive’s Cafe, Fiorito, or Cecibon. There’s something for everyone living in Little Haiti.
7. Buena Vista
Average studio rent: $1,600
Average 1-bedroom rent: $1,750
Apartments for rent in Buena Vista
Nestled east of Downtown, Buena Vista is the seventh-most affordable neighborhood in Miami. Buena Vista has a lively atmosphere, with plenty of local cafes and restaurants along NE 2nd Ave, such as Mandolin Aegean Bistro and COTE Miami. The neighborhood is home to several museums and historic buildings like the Institute of Contemporary Art, Miami, and the Buick Building. You can also explore the Miami Design District and green spaces like South Bay Vista Park.
8. Allapattah
Average studio rent: $1,600
Average 1-bedroom rent: $1,750
Apartments for rent in Allapattah
Allapattah takes the eighth spot on our list. The average rent for a one-bedroom unit is roughly $1,000 less than the city’s average, making Allapattah a great option. It’s about 3 miles from Downtown, which means you’ll have the best of city life without living in the city center. Allapattah is home to several museums like El Espacio 23 and Superblue Miami, and plenty of green spaces like Moore Park and Curtis Park.
9. Little Havana
Average studio rent: $1,320
Average 1-bedroom rent: $1,775
Apartments for rent in Little Havana
Little Havana, a beloved Miami neighborhood, is next. Little Havana is home to the iconic Calle Ocho, filled with local shops and Cuban restaurants. You can also check out the Tower Theatre, visit the Cuban Memorial Boulevard Park, or watch a Florida Marlins game at LoanDepot Park. There’s always something to do in Little Havana. If you need to commute to work, there are many options, as the Dolphin Expressway (FL-836) is nearby.
10. Silver Bluff
Average studio rent: $1,700
Average 1-bedroom rent: $1,800
Apartments for rent in Silver Bluff
The tenth-most affordable neighborhood in Miami is Silver Bluff. This area is primarily residential, but is near popular attractions like the Vizcaya Museum & Gardens, David T. Kennedy Park, and the vibrant Coconut Grove area. It’s also close to the Vizcaya Station metro stop, so commuting into the city is relatively easy.
11. Shenandoah
Average studio rent: $1,450
Average 1-bedroom rent: $1,875
Apartments for rent in Shenandoah
Number 11 on our list is Shenandoah, just north of Silver Bluff. This affordable neighborhood is awesome if you want a more residential area with a charming main street. Along Coral Way, you can find plenty of cozy cafes and lively restaurants. It’s also close to Little Havana, so there’s a lot to check out on a warm Miami day.
12. The Roads
Average studio rent: $1,849
Average 1-bedroom rent: $1,900
Apartments for rent in The Roads
Taking the final spot on our list of affordable neighborhoods in Miami is The Roads. The average rent for a one-bedroom apartment is $1,900, compared to the city’s average of $2,727. This neighborhood is about 2 miles from Downtown, so it’s close to popular areas like Brickell and Calle Ocho. Be sure to explore some of the neighborhood’s attractions like the American Museum of the Cuban Diaspora or the Vizcaya Museum and Gardens.
Methodology: Affordability based on whether a neighborhood has average studio and 1-bedroom rent prices under the city’s average. Average rental data from Rent.com in March 2024.