Cheapest Neighborhoods in Miami
If you're looking to buy a home and are on a budget, it helps to know the cheapest places to live in Miami. The average home price in Miami is $599,573. There are many factors that contribute to classifying a neighborhood as cheap, such as home prices, price appreciation, as well as median rents. For the purpose of this list, we have considered the median price per sq.ft. and the median home prices to classify the cheapest neighborhoods to live in city.
Check Out The Top 10 Cheapest Neighborhoods To Live In Miami:
1. Civic Center
With a median home price of $510,427 and a median rent of $1,007, Civic Center is the cheapest neighborhood on our list. Based on the growth in home prices in Civic Center over the last 3 years, it ranks No.17 among all the neighborhoods in Miami.
  Learn more about the housing market in Civic Center
Must Know:
Civic Center scores really well in terms of transportation. Most errands can be accomplished on foot.
Is Civic Center a good place to live?
Several factors can influence the choice of place such as demographics, nearby schools, amenities, local community, and more. We've put this all together for Civic Center.
Cheapest Home in Civic Center
2. West Flagler
The next neighborhood on the list is West Flagler with a median home price of $420,418 and a median rent of $1,265.
  Learn more about the housing market in West Flagler
Must Know:
West Flagler scores really well in terms of transportation. Most errands can be accomplished on foot.
Is West Flagler a good place to live?
Several factors can influence the choice of place such as demographics, nearby schools, amenities, local community, and more. We've put this all together for West Flagler.
Cheapest Home in West Flagler
3. Auburdale
Following the first two cheapest neighborhoods to live in Miami is Auburdale with a median home price of $639,860 and a median rent of $1,074.
  Learn more about the housing market in Auburdale
Must Know:
Auburdale scores really well in terms of transportation. Most errands can be accomplished on foot.
Is Auburdale a good place to live?
Several factors can influence the choice of place such as demographics, nearby schools, amenities, local community, and more. We've put this all together for Auburdale.
Cheapest Home in Auburdale
4. Little Havana
With a median home price of $369,906 and a median rent of $1,018, Little Havana is 4th on our list.
  Learn more about the housing market in Little Havana
Must Know:
Little Havana scores really well in terms of transportation. Daily errands do not require a car.
Is Little Havana a good place to live?
Several factors can influence the choice of place such as demographics, nearby schools, amenities, local community, and more. We've put this all together for Little Havana.
Cheapest Home in Little Havana
5. Buena Vista
Next up is Buena Vista with a median home price of $539,827 and a median rent of $1,005.
  Learn more about the housing market in Buena Vista
Must Know:
Buena Vista scores really well in terms of transportation. Most errands can be accomplished on foot.
Is Buena Vista a good place to live?
Several factors can influence the choice of place such as demographics, nearby schools, amenities, local community, and more. We've put this all together for Buena Vista.
Cheapest Home in Buena Vista
6. Liberty City East
The next neighborhood on the list of cheapest neighborhoods to live in Miami is Liberty City East with a median home price of $440,209 and a median rent of $1,056.
  Learn more about the housing market in Liberty City East
Must Know:
Liberty City East scores really well in terms of transportation. Most errands can be accomplished on foot.
Is Liberty City East a good place to live?
Several factors can influence the choice of place such as demographics, nearby schools, amenities, local community, and more. We've put this all together for Liberty City East.
Cheapest Home in Liberty City East
7. Grapeland
Next on the list is Grapeland with a median home price of $498,323 and a median rent of $1,115.
  Learn more about the housing market in Grapeland
Must Know:
Grapeland scores average in terms of transportation. Some errands can be accomplished on foot.
Is Grapeland a good place to live?
Several factors can influence the choice of place such as demographics, nearby schools, amenities, local community, and more. We've put this all together for Grapeland.
Cheapest Home in Grapeland
8. Shenandoah
With a median home price of $595,409 and a median rent of $1,318, Shenandoah is 8th on our list.
  Learn more about the housing market in Shenandoah
Must Know:
Shenandoah scores really well in terms of transportation. Most errands can be accomplished on foot.
Is Shenandoah a good place to live?
Several factors can influence the choice of place such as demographics, nearby schools, amenities, local community, and more. We've put this all together for Shenandoah.
Cheapest Home in Shenandoah
9. Douglas Park
Second to the last is Douglas Park with a median home price of $719,998 and a median rent of $1,599.
  Learn more about the housing market in Douglas Park
Must Know:
Douglas Park scores really well in terms of transportation. Most errands can be accomplished on foot.
Is Douglas Park a good place to live?
Several factors can influence the choice of place such as demographics, nearby schools, amenities, local community, and more. We've put this all together for Douglas Park.
Cheapest Home in Douglas Park
10. Central Downtown
Rounding up our list of top 10 cheapest neighborhoods to live in Miami is Central Downtown with a median home price of $595,409 and a median rent of $812.
  Learn more about the housing market in Central Downtown
Must Know:
Central Downtown scores really well in terms of transportation. Most errands can be accomplished on foot.
Is Central Downtown a good place to live?
Several factors can influence the choice of place such as demographics, nearby schools, amenities, local community, and more. We've put this all together for Central Downtown.
