If you’re searching for a new place to live in Miami, rent prices are probably one of the most important factors in your decision. Apartment rental prices in Miami neighborhoods have continued to increase over the years. Luckily, even in 2026, there are some Miami neighborhoods that do offer budget friendly, affordable rental rates. The list of the cheapest neighborhoods in Miami for renters is sorted by lowest median rental rates compared to the Miami average.

Population 115
-100%
Median Rent $0 / month
100% less expensive than Miami
Population 25,630
-35%
Median Rent $1,226 / month
35% less expensive than Miami
Population 8,231
-25%
Median Rent $1,402 / month
25% less expensive than Miami
Population 13,217
-18%
Median Rent $1,534 / month
18% less expensive than Miami
Population 51,332
-18%
Median Rent $1,539 / month
18% less expensive than Miami
Population 49,078
-12%
Median Rent $1,654 / month
12% less expensive than Miami
Population 60,017
-10%
Median Rent $1,688 / month
10% less expensive than Miami
Population 33,912
-9%
Median Rent $1,704 / month
9% less expensive than Miami
Population 61,203
-3%
Median Rent $1,814 / month
3% less expensive than Miami
Population 18,479
6%
Median Rent $1,979 / month
6% more expensive than Miami
Is This the Right Place for You? Local Insights Report
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Local Insights Report