The 12 Best Cheap Hotels in Miami and Miami Beach (2024)

With its white sandy beaches, brightly colored art deco buildings, and a reputation for some of the best nightlife in the world, Miami is a popular location for those looking to let their hair down. Great weather, fresh seafood, welcoming locals, and co*cktails on ice await in the liveliest city in South Florida.

If you think Miami is purely a playground for the rich and famous, think again, as plenty of boutique hotels and guesthouses are ready to welcome visitors on a budget.

Best Cheap Hotels in Miami, Florida

Beach Place Hotel

The 12 Best Cheap Hotels in Miami and Miami Beach (1)

Price per Night: From $118

Situated in a quiet area of the world-famous Miami Beach, this hotel is within easy reach of the ocean and less than a 5-minute walk from North Shore Park.

Offering quaint, motel-style accommodations, visitors here love being able to relax away from the bustling streets of South Beach while being close enough to take advantage of the bars, restaurants, and shopping that the area offers. A large, heated outdoor pool is perfect for soaking up the Florida sun, while bedrooms are cool, clean, and spacious.

With a friendly atmosphere, gourmet coffee, and a public computer, the lobby serves as a meeting place for guests staying at the Beach Place Hotel, and free parking makes this hotel more accessible and convenient than hotels in some of the busier parts of town.

Hot Tip:

If you’re looking for things to do in Miami, check out one of these great tours: Everglades National Park Airboat Tour, Sightseeing Speedboat Tour, or The Original Millionaire’s Row Cruise.

Circa 39 Hotel Miami Beach

The 12 Best Cheap Hotels in Miami and Miami Beach (2)

Price per Night: From $95

This gorgeous little boutique hotel is situated close to the ocean in the up-and-coming area of Mid-Beach. Full of fun, brightly colored interiors with free Wi-Fi and flat-screen TVs in every room, you can relax in comfort.

With an outdoor swimming pool and a courtyard garden, the Circa 39 Hotel Miami Beach has a truly tropical feel, and guests will love the Jules Kitchen, which serves up small plates of cleverly curated breakfast, lunch, and dinner.

An on-site bar also offers creative co*cktails in a fun, laid-back environment, a small fitness center, laundry, and spa services.

Hot Tip:

Bringing the whole family? Check out our guide to visiting Miami and Miami Beach with kids.

Kasa El Paseo Hotel

The 12 Best Cheap Hotels in Miami and Miami Beach (3)

Price per Night: From $80

This budget-friendly hotel offers spacious rooms with beautiful balconies tucked away in a stunning Mediterranean revival-style building in the historic district of Española Way. What this little hotel lacks in facilities, it more than makes up for in charm.

Bedrooms are brought to life with colorful throws and decorations, while the oceanfront artwork calls the sea in. At the El Paseo Hotel, guests are welcome to enjoy complimentary coffee in the morning, and being so close to South Beach, there are many lively local eateries to keep you going throughout the day.

Without a swimming pool to lounge around, guests may worry about keeping cool, but the dedicated beach club with chairs and towels offers guests a taste of upscale luxury at an affordable price.

Freehand Miami

The 12 Best Cheap Hotels in Miami and Miami Beach (4)

Price per Night: From $65

Just 5 minutes from the beach and less than a mile from the nightlife of South Beach, this hip, hostel-style hotel offers private and shared rooms in trendy surroundings.

Housed in an original art deco building, visitors will love the quirky interiors, secure lockers, and bright, airy shared bathrooms. While the accommodation may not be 5-star, the facilities feel like they are.

Home to one of Miami’s most popular co*cktail bars, The Broken Shaker, Freehand Miami also boasts a beautiful outdoor pool, an expansive courtyard, and the popular 27 Restaurant & Bar serving a wide array of Miami flavors.

Hot Tip:

Another great way to save money on your Miami trip is to find a hotel that you can book with points.

Gale South Beach, Curio Collection by Hilton

Price per Night: From $132 or 42,000 Hilton Honors points per night

Located close to Lincoln Road, at the heart of South Beach’s famous nightlife, this hotel may not offer direct access to the beach, but guests can still enjoy gorgeous views across the ocean.

Vintage-style interiors draw on the golden days of Miami, and the place is packed with photos of Miami Beach during its illustrious heyday. Bedrooms are spacious and well-appointed, and there’s also a gorgeous rooftop infinity pool for lazy days.

Gale South Beach is legendary among locals as the home to the much-loved Regent co*cktail Club, and there’s also a 1960s-inspired Italian restaurant, Dolce.

Hot Tip:

The Overseas Highway from Miami to Key West is one of our top recommended road trips in the U.S. Check out our guide for suggested stops!

Hotel La Flora Miami Beach

The 12 Best Cheap Hotels in Miami and Miami Beach (6)

Price per Night: From $76

Housed in a unique art deco building at the heart of Miami Beach, this historic hotel has been part of the local scene since 1929. Thishotel offers well-appointed guest rooms with hardwood furniture, a cozy shared lounge, and tennis courts, close to numerous bars and restaurants and the popular Lummus Beach Park.

Life House, Little Havana

The 12 Best Cheap Hotels in Miami and Miami Beach (7)

Price per Night: From $113

Located at the heart of the Little Havana district, this hip little hotel offers retro-style interiors and plenty of charm. Housed in a traditional-style heritage home, guests will love the dark wood floors, shuttered windows, and welcoming lobby.

The bedrooms are crisp and clean, complete with private bathrooms and functional touches, including well-stocked Galanz fridges and impressive Marshall Bluetooth speakers.

The Life House is just a few blocks from the famous Calle Ocho with its Cuban restaurants, bakeries, and nightlife. Though there is no eatery on-site, there is a coffee station conveniently located by the stunning atrium in the lobby.

President Hotel Miami Beach

The 12 Best Cheap Hotels in Miami and Miami Beach (8)

Price per Night: From $75

Just a block away from the sandy shorelines of South Beach, this hotel is housed in an art deco building and offers refined, casual accommodations on a budget. Offering classy, European-style decor throughout and bright, spacious bedrooms, visitors will love the laid-back ambiance of this boutique-style hotel.

Recently renovated, the President Hotel Miami Beach now boasts a rooftop pool with sun loungers and views across the famous Collins Avenue, while the Green Bar and Restaurant serves delicious breakfasts in the morning and holds a popular co*cktail happy hour later in the day.

Hot Tip:

The facilities at the nearby Penguin Hotel are also available for guests to enjoy, including a lobby restaurant that serves breakfast, lunch, and dinner.

Red South Beach Hotel

The 12 Best Cheap Hotels in Miami and Miami Beach (9)

Price per Night: From $79

This chic hotel is located just half a block from the ocean and close to downtown Miami, and it still manages to ooze style and sophistication, even on a budget.

Fresh, white interiors are enhanced with flashes of red and baroque elements, while bedrooms are spacious yet quirky. Red South Beach Hotel is also home to an outdoor swimming pool and sun deck, and guests can enjoy an eclectic menu and cool beverages from the on-site bar and restaurant.

With a friendly atmosphere and excellent service, this hotel doesn’t skimp on perks with high-speed Wi-Fi, laptops, Starbucks, and a concierge service also available.

Townhouse by Luxurban

The 12 Best Cheap Hotels in Miami and Miami Beach (10)

Price per Night: From $68

This hip and friendly hotel is tucked away in an art deco building in South Beach. It offers retro-style interiors and oozes modern-day Miami charm.

Bedrooms are minimalist in design with funky interior touches, and a rooftop terrace has ocean views.

While there is no pool at the Townhouse Miami Beach, there is beach service, and guests can access the pool, fitness center, and trendy eateries at the nearby SLS South Beach and The Redbury hotels.

The Meridian Hotel Miami Beach

The 12 Best Cheap Hotels in Miami and Miami Beach (11)

Price per Night: From $100

Offering chic, retro-style boutique accommodations, this gorgeous hotel is found on a tree-lined avenue in the residential South of Fifth neighborhood. Housed in a historic art deco building, guests will love the elegant plunge pool and deck area, a casual space to soak up the Miami sun.

With eclectic interiors and bright, funky bedrooms, The Meridian Hotel is perfect for visitors looking for a good night’s sleep, while the “chill-out room” — with a projection screen, Atari gaming system, and cozy couches —is perfect for evenings spent in the company of fellow travelers.

The Vagabond Hotel

The 12 Best Cheap Hotels in Miami and Miami Beach (12)

Price per Night: From $169

Just on the outskirts of town, this stunning 1950s-style hotel was once a favorite haunt of the famous Rat Pack, but it now offers its accommodations to travelers looking for a quiet spot from which to enjoy everything Miami has to offer.

Just a short drive from the Design District, Wynwood, and Midtown, guests can sprawl around the pool on vintage loungers while admiring the restored iconic mosaics in the water. Bedrooms are beautifully styled with geometric shapes and splashes of color, and there is also an on-site fitness center.

The Vagabond Hotel offers live music around the pool while guests sip on handcrafted co*cktails, and the Mr. Mandolin restaurant offers Mediterraneancuisine.

Final Thoughts

Whether you want to party the night away or spend lazy days in the sun, Miami can offer you the best of both worlds. Beautiful architecture, vibrant nightlife, world-class shopping, and many restaurants and bars to suit every budget can all be found here.

The 12 Best Cheap Hotels in Miami and Miami Beach (2024)


Is it better to stay in Miami or Miami Beach? ›

The main thing that will help you decide where to stay is your itinerary. If you think you'll spend most of your time at the beach, it's logical to stay at Miami Beach. If you're more for luxury shopping and skyscrapers, you'll want to stay in downtown Miami.

What is the best part of Miami Beach to stay in? ›

North Miami Beach is ideal for those looking for a laid-back atmosphere, with plenty of room to relax on the sand or in the water. South Beach is perfect for those who want to experience Miami's nightlife, as there are plenty of bars and clubs where you can party until the wee hours of the morning.

What is the average cost of a hotel in Miami? ›

The average cost for overnight accommodation in Miami was 198 U.S. dollars in September 2023, down from the previous month's average of 199 U.S. dollars.

Where do most people stay in Miami? ›

Most first-time visitors to Miami will want to stay in South Beach or Downtown Miami. Both areas are packed with restaurants and nightlife. South Beach has swimming and beach activities. Downtown has the museums.

What is the safest part of Miami Beach to stay? ›

Safest Areas to Stay in Miami Beach
  • Bayshore.
  • City Center.
  • Surfside.
  • South Beach.
  • Coconut Grove.
Jan 16, 2024

Is Miami cheap or expensive? ›

Miami, FL housing is 51% more expensive than the U.S average, while utilities are about 2% pricier. When it comes to basic necessities such as food and clothing, groceries are around 6% more in Miami, FL than in the rest of the country, while clothing costs around 6% more .

What is the safest place to stay in Miami? ›

Coconut Grove is one of the safest places to stay in the city. And, with a whole host of great hotels and Airbnbs available in the area, you'll book with relative ease. It's also close to the airport, which helps when planning around flights.

Is it better to stay on South Beach or Miami Beach? ›

South Beach on the southern tip of the barrier island of Miami Beach is the most famous, but the quieter strands of Mid-Beach and North Beach are also stunning with a more low-key vibe. They have more space for one to spread out a towel and get a tan.

What is the most expensive part of Miami Beach? ›

The Coral Gables neighborhood Gables Estates has the highest home value for single-family homes as of March, according to monthly data from the Seattle-based residential listing company Zillow Group. Zillow found the typical home price is $19.14 million in Gables Estates, higher than any other area.

Can you go to Miami on a budget? ›

Whether you have young children or teenagers, you'll be able to find fun activities and attractions your whole family will love. Miami can be a great choice for budget-minded travelers, especially when you use a Go Miami Card, which makes visiting Miami on a budget a breeze.

How much should hotels cost? ›

The average daily rate (ADR) of the United States hotel industry was 148.83 U.S. dollars in 2022, reflecting an increase over the previous year.

How much money do I need per day in Miami? ›

You should plan to spend around $206 per day on your vacation in Miami. This is the average daily price based on the expenses of other visitors. Past travelers have spent, on average for one day: $41 on meals.

What part of Miami do celebrities stay? ›

Miami Beach has long been a popular destination for celebrities, and it's easy to see why. The beautiful beaches, fantastic nightlife, and luxury accommodations make it the best place to relax and enjoy the good life.

What part of Miami do celebrities live? ›

Many of these celebrities choose to live in some of Miami's most exclusive neighborhoods, including South Beach, Coconut Grove, and Coral Gables. These areas are known for their stunning homes, beautiful surroundings, and luxurious amenities, including private beaches, golf courses, and high-end shopping and dining.

Where do all the millionaires live in Miami? ›

Indian Creek in Miami, Florida

Indian Creek is an ultra-exclusive neighborhood of luxurious mansions occupied by some of the richest people in the world. The private, gated neighborhood is also called “Billionaire Bunker.” Indian Creek is home to many celebrities, athletes, and CEOs.

What's the difference between Miami Beach and Miami? ›

Miami Beach and Miami are two separate municipalities with their respective governing bodies. Miami features a wide selection of delicious cuisine from Latin America, the Caribbean, and beyond. When it comes to Miami Beach, you will find more trendy options from the likes of celebrity chefs.

What is the best part of Miami to go to? ›

  • South Beach. The undisputed heavyweight of Miami nightlife, South Beach is notorious for its party scene. ...
  • Brickell. Brickell may not have sandy shores and pleasant waves upon demand, but it is the undisputed financial capital of Miami. ...
  • Coconut Grove. ...
  • Coral Gables. ...
  • Little Havana. ...
  • Bal Harbour. ...
  • Wynwood. ...
  • Key Biscayne.
Jan 2, 2024

How far is Miami from the beach? ›

The shortest distance (air line) between Miami and Miami-Beach is 4.12 mi (6.62 km). The shortest route between Miami and Miami-Beach is 6.10 mi (9.82 km) according to the route planner.


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