Miami, FL

3 of the cheapest neighborhoods to live in Miami, FL

The Southern Guide

Few other cities in the United States can match the beautiful beaches, rich culture, and year-round pleasant weather of Miami. Because of all of these outstanding attractions, millions of people travel to the city to experience its delights firsthand, and many more migrate to enjoy the city on a more permanent basis. If you are one of the people who plan to settle here and call it a permanent home whether for a year or two or for the rest of your life, this article is for you.

A neighborhood's affordability is determined by a variety of factors, including housing prices, price appreciation, and median rentals. This article uses median home prices and rents to determine the affordability of a neighborhood. For those wishing to relocate to this gorgeous Floridian city, the median property valuation is $460,000. If you're looking for apartments for rent in Miami, the average rent for a one-bedroom apartment is $3,214, while the average price for a two-bedroom apartment is $3,990.

Hallandale Beach

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Hallandale Beach is a city in Broward County, Florida, in the United States. Luther Halland, a worker for Henry Flagler's Florida East Coast Railroad, was the inspiration for the city's name. The population of the city was 41,005 residents as of the 2021 census. It is part of the South Florida metropolitan region, which has a population of 6.09 million residents according to the 2021 census.

It has evolved into a tourist and retirement destination. In 1999, the city's name was changed from Hallandale to Hallandale Beach. Living in Hallandale Beach gives inhabitants an urban vibe, and the majority of homeowners own their houses. There are several restaurants, coffee shops, and parks in Hallandale Beach.

Hallandale Beach, sometimes jokingly referred to as the "southernmost Canadian city", has been a popular holiday destination for decades, with many visitors coming from Quebec and the Northeastern United States; a considerable percentage of these tourists ultimately retire to the region. The median house sale price in Hallandale Beach is around $200K less than that of Miami, and it is just about 30 minutes from downtown.

Hallandale Beach is the most inexpensive suburb to live in in Miami. The median sale price in Hallandale Beach City is $275,000 which makes it one of the cheapest neighborhoods to live in Miami. The median rent of the neighborhood is $1,289 per month.

West Park

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West Park is a city in Broward County, Florida. It is Broward County's newest municipality, having been formed on March 1, 2005. It is located in the southeastern section of the county and includes the communities of Miami Gardens, Carver Ranches, Lake Forest, and Utopia. As a considerable portion of the city sits west of Pembroke Park, the new city was named "West Park".

It is a multi-cultural municipality and the residents may enjoy three local County parks: Mary Saunders Park, which is located inside municipal limits, McTyre Park, which is located in Pembroke Park, and Lake Forest Community Center, which is also located in Pembroke Park. Residents also have convenient access to State parks in the neighbouring cities of Hollywood and Miramar. While residential districts make up the majority of West Park, the city also boasts a number of business, commercial, and industrial sites.

With a population of 14,939 residents as per 2021 Census, West Park is Miami's second most inexpensive neighbourhood, with a median property price of $345,000 and a rent of $1,434 per month.

Hialeah

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Hialeah is a city in Miami-Dade County, Florida. It is located directly northwest of Miami on the Miami Canal. Hialeah is mostly a residential suburb of Miami, with a predominately Hispanic population. The neighborhood provides people an urban suburban mix vibe, and the majority of residents rent their houses.

According to the most recent US Census estimates, the current population of Hialeah, Florida is 220,490. Hialeah is regarded as one of the least diverse places in America. It has the highest percentage of Cuban and Cuban-American citizens of any city in the United States, accounting for 73.37 percent of the population.

With a population of 220,490 residents, Hialeah is the third most inexpensive neighborhood to live in Miami, with a median property price of $347,000 and a rent of $1,210 per month. 

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