Miami is known for its beautiful beaches, vibrant culture, and diverse neighborhoods. With an average rent of $2,792, Miami offers a variety of luxurious living options for renters. If you’re looking to rent an apartment in Miami, you’ll find a range of neighborhoods to choose from, each with its own unique charm and appeal. ApartmentGuide has compiled a list of the most expensive neighborhoods in Miami to help you find the perfect place to call home.
8 Most Expensive Neighborhoods in Miami
From the picturesque Golden Pines to the bustling streets of Brickell, there are plenty of colorful neighborhoods in Miami Whether you’re looking for a luxurious home to rent in Miami or wondering where to live in the city, read on to find out what neighborhoods made the list.
1. Miami Financial District
2. Riverview
3. Brickell
4. Riverfront
5. Bay Point
6. Downtown
7. Edgewater
8. Golden Pines
Let’s jump in and see what these neighborhoods have to offer.
1. Miami Financial District
Average 1-bedroom rent: $4,069
Apartments for rent in Miami Financial District
Renting an apartment in the Financial District offers a dynamic urban lifestyle with a fusion of culture, cuisine, and convenience. Renowned for its bustling atmosphere, the neighborhood boasts a plethora of upscale dining options, including world-class restaurants like Komodo and Zuma, where residents can savor delectable international cuisine and enjoy vibrant nightlife. Beyond dining, the area features attractions such as the iconic Brickell City Centre, offering high-end shopping and entertainment venues, as well as the picturesque Brickell Key, perfect for leisurely strolls and stunning waterfront views. With its proximity to major business hubs and transportation arteries, living in the Financial District provides unparalleled access to employment opportunities and a vibrant cosmopolitan lifestyle, making it an enticing choice for those seeking a blend of sophistication and convenience in the heart of Miami.
2. Riverview
Average 1-bedroom rent: $4,051
Apartments for rent in Riverview
The Riverview neighborhood is an enticing choice for those seeking a taste of Miami’s dynamic culture. With its diverse culinary scene, residents can savor an eclectic array of cuisines from around the world, ranging from Latin American delights to fusion eateries and upscale dining options. Riverview also offers easy access to Miami’s vibrant cultural attractions, including the renowned Pérez Art Museum and the bustling Brickell City Centre for shopping and entertainment. Nature enthusiasts can enjoy the nearby scenic beauty of the Miami River Greenway or take a leisurely stroll along the Riverwalk. Additionally, the neighborhood’s proximity to downtown Miami ensures convenient access to employment opportunities and a lively nightlife scene, making it an ideal choice for those craving both excitement and convenience in their urban lifestyle.
3. Brickell
Average 1-bedroom rent: $3,550
Apartments for rent in Brickell
Renowned for its thriving culinary scene, Brickell boasts a diverse array of restaurants, from upscale dining experiences to cozy cafes and trendy eateries serving cuisine from around the globe. Residents can indulge in delicious seafood at acclaimed spots like Truluck’s Seafood, Steak and Crab House or savor Latin-inspired dishes at renowned eateries such as Novecento and Coyo Taco. Beyond its culinary delights, Brickell offers an array of attractions, including the vibrant nightlife of Mary Brickell Village, where locals can enjoy live music, craft cocktails, and lively bars. Additionally, the neighborhood’s proximity to attractions like the Pérez Art Museum Miami and Bayfront Park provides cultural enrichment and outdoor recreational opportunities, making Brickell an enticing destination for those seeking a vibrant urban lifestyle.
4. Riverfront
Average 1-bedroom rent: $3,300
Apartments for rent in Riverfront
Living in the riverfront neighborhood of Miami offers a unique blend of urban living and natural beauty. With stunning views of the Miami River and easy access to water activities like boating and kayaking, residents can enjoy an active outdoor lifestyle. The neighborhood boasts several parks, such as Lummus Park and Bayfront Park, which provide green spaces for relaxation and recreation. Additionally, the area is home to a diverse selection of restaurants ranging from upscale waterfront dining to casual eateries, offering culinary experiences to suit every palate. For entertainment, residents can explore nearby attractions like the Adrienne Arsht Center for the Performing Arts or catch a show at the Kaseya Center. Housing options in the riverfront neighborhood vary from luxurious waterfront condos with panoramic views to charming historic homes, catering to a range of preferences and lifestyles.
5. Bay Point
Average 1-bedroom rent: $3,200
Apartments for rent in Bay Point
Bay Point offers a blend of luxury living and serene surroundings, featuring an array of upscale housing options ranging from waterfront estates to modern condominiums, catering to diverse tastes and lifestyles. Residents enjoy access to beautiful parks such as Legion Park, which offers green spaces for relaxation and recreational activities. The neighborhood also boasts a variety of dining options, from gourmet restaurants serving international cuisine to cozy cafes offering artisanal coffee and pastries. Attractions like the nearby Design District provide a vibrant cultural scene with art galleries, designer boutiques, and events showcasing contemporary art and design. With its combination of elegant residences, green spaces, dining establishments, and cultural offerings, Bay Point offers an exceptional quality of life for its residents.
6. Downtown
Average 1-bedroom rent: $3,112
Apartments for rent in Downtown
Next up is Downtown, the sixth most expensive neighborhood in Miami. The area features a mix of housing styles, including sleek high-rise condominiums with stunning waterfront views and historic loft-style apartments, providing options to suit various preferences. Beautiful parks like Bayfront Park offer green spaces for relaxation and outdoor activities, while attractions such as the Perez Art Museum and the Frost Science Museum provide cultural enrichment and entertainment. Downtown Miami is also renowned for its diverse culinary scene, boasting an array of restaurants ranging from upscale dining establishments to cozy cafes and food markets, ensuring residents have endless options to satisfy their cravings.
7. Edgewater
Average 1-bedroom rent: $3,035
Apartments for rent in Edgewater
Edgewater is the next neighborhood on our list. The neighborhood offers a unique blend of urban living and waterfront tranquility, featuring a diverse range of housing options that include luxurious high-rise condominiums with panoramic views of Biscayne Bay and charming historic homes nestled along tree-lined streets. Residents enjoy easy access to Margaret Pace Park, a waterfront oasis with jogging trails, sports courts, and scenic picnic spots, perfect for outdoor recreation and relaxation. The neighborhood is dotted with trendy restaurants, cafes, and bars, offering culinary delights from around the world, as well as local favorites showcasing the vibrant flavors of Miami. Edgewater’s proximity to cultural attractions such as the Adrienne Arsht Center and the Wynwood Arts District provides residents with endless opportunities for entertainment and enrichment. With its stunning waterfront vistas, green spaces, diverse dining scene, and cultural offerings, Edgewater embodies the quintessential Miami lifestyle, making it a coveted place to call home.
8. Golden Pines
Average 1-bedroom rent: $3,005
Apartments for rent in Golden Pines
Golden Pines is the last neighborhood on our list. This peaceful residential enclave offers a variety of housing options, including single-family homes with spacious yards, townhouses, and some apartment complexes, providing a range of choices for renters. Residents can enjoy the lush greenery and recreational amenities of Mar-Len Park, featuring playgrounds, sports fields, and walking trails, perfect for outdoor activities and community gatherings. While Golden Pines may be primarily residential, it boasts a selection of local eateries and cafes serving up a range of cuisines, from homestyle comfort food to international flavors, providing convenient dining options for residents. With its blend of residential tranquility, recreational opportunities, dining options, and nearby attractions, Golden Pines offers a comfortable and inviting place to call home in Miami.
Methodology: Whether a neighborhood has an average 1-bedroom rent price over the city’s average. Average rental data from Rent.com in June 2024.