Most Affordable Neighborhoods in Miami, FL
Some of the cheapest neighborhoods in Miami are Kendale Lakes/Kendall West, The Hammocks, and Westchester/Tamiami. These neighborhoods offer some of the lowest rent prices in Miami, making them ideal for renters on a budget. As of April 12, 2025, the average rent in Miami is $2,159, which is 0.8% 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.
Kendale Lakes/Kendall West
Average Rent
$2,222/Month
Year-Over-Year Rent Change
2.9%
TransitScore® Rating
25/100
Units Available
333 Rentals
Kendale Lakes/Kendall West is a top choice for budget-conscious renters for a variety of reasons. The average rent in Kendale Lakes/Kendall West is $2,222 while the city average is $2,159. This is a 2.9% difference from last year. Residents enjoy convenient access to Tenth Street/Promenade, Miller West Plaza, and Miller Square Shopping Center. The neighborhood is considered somewhat walkable with a WalkScore® of 56.
The Hammocks
Average Rent
$2,229/Month
Year-Over-Year Rent Change
0.9%
TransitScore® Rating
27/100
Units Available
374 Rentals
When you’re looking for a great Miami neighborhood on a budget, check out The Hammocks. The average rent is $2,229, compared to the city average of $2,159. Rent prices have increased by 0.9%. The Hammocks is convenient to West Kendall Town Center, Miami Intl Airport Ground Level, and Financial District. The community is somewhat walkable with a WalkScore® of 50.
Westchester/Tamiami
Average Rent
$2,276/Month
Year-Over-Year Rent Change
1.6%
TransitScore® Rating
25/100
Units Available
151 Rentals
Westchester/Tamiami is an affordable neighborhood in Miami with an average rent price of $2,276. Compare this to the city average of $2,159. In the past year, rent prices have increased by 1.6%. Westchester/Tamiami provides easy access to Miami Intl Airport Ground Level, Fairchild Tropical Botanic Garden, and Fort Lauderdale/Hollywood International. It’s a walkable neighborhood with a WalkScore® of 70.
Flagami
Average Rent
$2,378/Month
Year-Over-Year Rent Change
1%
TransitScore® Rating
36/100
Units Available
196 Rentals
If you’re looking for a great, affordable neighborhood in Miami, Flagami might be the perfect place! It has an average rent price of $2,378, while the city’s average stands at $2,159. In the last year, prices have increased by 1%. Flagami is near Miami Science Museum - Closed, The Barnacle Historic State Park, and Sense of Wonder Nature Center and A.D. Barnes Park.
Glenvar Heights
Average Rent
$2,381/Month
Year-Over-Year Rent Change
2.7%
TransitScore® Rating
34/100
Units Available
164 Rentals
Glenvar Heights is a top choice for budget-conscious renters for a variety of reasons. The average rent in Glenvar Heights is $2,381 while the city average is $2,159. This is a -2.7% difference from last year. Residents enjoy convenient access to Fort Lauderdale/Hollywood International, USAHS, and Brickell (Metromover). The neighborhood is considered somewhat walkable with a WalkScore® of 68.
Allapattah
Average Rent
$2,427/Month
Year-Over-Year Rent Change
0.1%
TransitScore® Rating
59/100
Units Available
308 Rentals
When you’re looking for a great Miami neighborhood on a budget, check out Allapattah. The average rent is $2,427, compared to the city average of $2,159. Rent prices have increased by 0.1%. Allapattah is convenient to School Board, Park West, and Vizcaya Museum and Gardens. The community is walkable with a WalkScore® of 80.
Downtown Kendall
Average Rent
$2,475/Month
Year-Over-Year Rent Change
0.6%
TransitScore® Rating
57/100
Units Available
205 Rentals
Downtown Kendall is an affordable neighborhood in Miami with an average rent price of $2,475. Compare this to the city average of $2,159. In the past year, rent prices have decreased by 0.6%. Downtown Kendall provides easy access to Brickell (Metromover), Pinecrest Place, and Fairchild Tropical Botanic Garden. It’s a walkable neighborhood with a WalkScore® of 76.
Little Havana
Average Rent
$2,549/Month
Year-Over-Year Rent Change
1.3%
TransitScore® Rating
59/100
Units Available
608 Rentals
If you’re looking for a great, affordable neighborhood in Miami, Little Havana might be the perfect place! It has an average rent price of $2,549, while the city’s average stands at $2,159. In the last year, prices have increased by 1.3%. Little Havana is near Third Street, Miami Science Museum - Closed, and Brickell (Metromover).
Coral Way
Average Rent
$2,816/Month
Year-Over-Year Rent Change
0.3%
TransitScore® Rating
47/100
Units Available
161 Rentals
Coral Way is a top choice for budget-conscious renters for a variety of reasons. The average rent in Coral Way is $2,816 while the city average is $2,159. This is a -0.3% difference from last year. Residents enjoy convenient access to Fort Lauderdale/Hollywood International, Tenth Street/Promenade, and Miami Dade College, Medical. The neighborhood is considered walkable with a WalkScore® of 88.
Northeast Coconut Grove
Average Rent
$3,046/Month
Year-Over-Year Rent Change
1.5%
TransitScore® Rating
52/100
Units Available
196 Rentals
When you’re looking for a great Miami neighborhood on a budget, check out Northeast Coconut Grove. The average rent is $3,046, compared to the city average of $2,159. Rent prices have decreased by 1.5%. Northeast Coconut Grove is convenient to Miami Dade College, Wolfson, Grove Center, and The Barnacle Historic State Park. The community is walkable with a WalkScore® of 86.
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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.