Like any large city, home prices in Miami have continued to increase over the years. Fortunately, there are still some neighborhoods in Miami that offer some affordable housing options. These are the cheapest neighborhoods in Miami for 2026. The neighborhoods are ranked by the lowest median home prices when compared to the average median home price in Miami.

Population 25,630
-73%
Median Home Value $166,505
73% less expensive than Miami
Population 18,479
-54%
Median Home Value $279,483
54% less expensive than Miami
Population 49,078
-36%
Median Home Value $392,208
36% less expensive than Miami
Population 51,332
-33%
Median Home Value $409,099
33% less expensive than Miami
Population 13,217
-30%
Median Home Value $425,704
30% less expensive than Miami
Population 61,203
-14%
Median Home Value $524,001
14% less expensive than Miami
Population 60,017
-13%
Median Home Value $529,824
13% less expensive than Miami
Population 33,912
-10%
Median Home Value $548,512
10% less expensive than Miami
Population 115
14%
Median Home Value $695,327
14% more expensive than Miami
Population 44,374
18%
Median Home Value $723,229
18% more expensive than Miami
Is This the Right Place for You? Local Insights Report
  • Uncover the key details before you move
  • Use local data to guide a smarter investment
  • Compare neighborhoods side by side
Local Insights Report