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 cocktails 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

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:

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Circa 39 Hotel Miami Beach

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 cocktails 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

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

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 cocktail 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 Cocktail Club, and there’s also a 1960s-inspired Italian restaurant, Dolce. 

Hot Tip:

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Hotel La Flora Miami Beach

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. This hotel 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

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

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 cocktail 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

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

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

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

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 cocktails, and the Mr. Mandolin restaurant offers Mediterranean cuisine.

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.