The Cheapest areas to live in Miami

Coral Gables, FL, United States. Photo by Live on Shot – Pexels

The Cheapest areas to live in Miami

Miami is a great city with pleasant weather and diverse culture. It is no surprise then that on average, 300 people move to Miami every day.

The cost of living in Miami is only about 13% higher than the national average. This makes it affordable depending on where you will be moving from.

Moving to a sunny city does not mean you need to break a bank. There are affordable homes and rentals that you can get depending on your budget.

You may be moving after getting a new job, want to start over in a new city or just a change of neighbourhood, and want to still save money spent on paying rent.

Some of the considerations you may have are proximity to social amenities, restaurants, schools and hospitals. The neighbourhood matters too in case you want to raise a family, are single or retired. 

In this article, we’ll look at the cheapest areas to live in in Miami.

1. Lake Clarke Shores

Suitable for: Young professionals and Retirees

Lake Clarke Shores is in Palm Beach County and is one of the best places to live in Miami. Living here will give you the feeling of being a town resident.

Most of the people that live here own their homes. You will find several parks to stroll in or just relax. Additionally, this area has some of the best public schools in Miami.

Living here will also spare you the dreaded traffic on I-95.

Along the canal-laced streets are beautiful homes with well-manicured lawns in front of single-family homes. There are walking lanes for joggers, bike lanes, and dog walkers.

2. Kendall

Suitable for: Young professionals

Kendall has the lowest crime rates in the Miami area making it one of the best places to raise a family. The pace is slow, relaxed and quiet.

Additionally, this neighbourhood is home to The Falls, a popular outdoor shopping mall. You can access Miami’s Metrorail system when you need to commute to the downtown areas.

When it comes to learning institutions, there are Miami-Dade County Public Schools as well as several private schools. These are great options to choose from regarding education for your children. The community here is small.

3. Sunny Isles Beach

Sunny Isles Beach skyline, Miami, Florida. Photo by Jimmy Baikovicius – Wikimedia

If you are looking for a condominium, Sunny Isle is your neighbourhood. Several residents that live here love waking up to the views of the ocean.

These condos are a short walking distance to the beach. You will also be close to other amenities. Living here will give you access to private beaches which are safe.  

The private beaches and private access communities help contribute to the area’s low crime rate.

Some of the main attractions here include Newport Fishing Pier, Oleta River State Park and the Aventura Mall. Nightlife here is lively too.

4. Brownsville

Brownsville station in Miami. Photo by B137 – Wikimedia

This neighbourhood is fondly known by the locals as Brown Sub”. It has a population of about 13,000 residents. On average each homestead is made up of a family of three.

Singles especially in their 30s love it here. You will get to socialize with your peers and get wholesome relationships too.

Another reason why this area is among the cheapest in Miami is the rent. You can pay as low as USD 620.

Most of the houses here date back to events related to the American Civil War. The Battle of Brownsville and the Battle of Palmito Ranch.

Some of the buildings here are listed under the National Register of Historic Places.

The commute to Miami takes about 28 minutes.

5. Coconut Grove

Coconut Grove is among the most affordable area to live in Miami. As one of the upscale neighbourhoods in downtown Miami, the crime rate is low.

This area has lush spaces making it one of the greenest in the city. Interestingly, this area was first occupied in 1825 and still owns its historic charm.

Attractions in this neighbourhood include art galleries, the Barnacle Historic State Park and Vizcaya Museum and Gardens.

For days or nights that you would want to eat out, you can go to one of the many restaurants available. The area used to be popular with artists and writers. The community living here today is diverse.

One-bedroom apartments go for about $1600 per month.

6. Little Havana

Little Havana Welcome Center. Photo by Tamanoeconomico – Wikimedia

Little Havana is a vibrant Cuban hub filled with Latin American art galleries and busy restaurants. The cafes here sell Cuban coffee and have cigar-smoking patrons.

A short walk down the street, you will find locals talking about current affairs while playing dominoes at Maximo Gomez Park.

As you may now know, this is where the roots of Cuban culture can be felt in Miami. Several immigrants from Cuba settled here.

The average rent in Little Havana is $1,400 per month for a 1 bedroom. Most of the shops here are family-owned and the restaurants serve authentic Cuban meals.

7. Gladeview

Coral Gables, FL, United States. Photo by Live on Shot – Pexels

Gladeview is one of the cheap neighbourhoods in Miami that is home to about 11,000 residents. Most of the homes are single-family setups with an average of three members.

While most of them are married, they also are in their 30s. Homes here have great appreciation values while the cost of living is lower than the national average.

The majority of the residents here are renters who enjoy the parks. Public schools here are above average too.

Rent here is lower in price than in 76.8% of Florida neighbourhoods. A 1-bedroom rental will cost about $730.

Several of the residents here are seniors and young families.

8. Coral Way

Coral Way Miami. Photo by Averette – Wikimedia

If you ask the residents here what they love about Coral Way, the answer will be its scenic beauty. Most of the neighbourhood’s main road is lined with a canopy of Banyan.

The buildings here are a mix of old architectural styles and modern ones. Young families and seniors are the majority in these neighbourhoods.

The area is popular with younger families and entrepreneurs well as seniors looking for a peaceful and pleasant place to live.

Just like little Havana, this neighbourhood has Cuban vibes. The streets art and architecture have Cuban undertones from the 20^th century. Coral Way has several shops and cafes inspired by Cuban culture too.