Miami, Florida is a city like no other. In today’s day and age, it is hard to find cities that stick true to their roots and are truly unique. Miami is one that has a distinct culture and is a fantastic place to visit.
With the beach to the south and so much stuff packed into the city, you cannot go wrong with visiting here. Now, this is also known to be a pretty pricey place to visit. With plenty of clubs, high-end restaurants, and world-class hotels the tab on your vacation can rise pretty easily.
Today, we will be talking about the best affordable hotels in Miami. When you can save some money on accommodations, you can have more allocated to other areas of the budget.
So, here are three of the best cheap hotels in Miami!
Recommended affordable hotels:

Freehand Miami
A huge part of Miami’s identity is bright colors and beach vibes. The Freehand Miami is a place that shows this and brings you pretty close to the beach. Miami is a fairly large city, and if you want to stay within close walking distance to the beach, be prepared to spend some serious money. However, this is one hotel that is still affordable.
There are also some good amenities and features at the Freehand despite the affordable price. There is a pool with table service, so relaxation is very easy. Plus, there is a bar on-site that is open to the public, so that is a happening spot in many cases.
Now, one thing to keep in mind is that this is not a traditional hotel. This is more of a hostel that does attract a lot of young, cheap travelers. If this is you, perfect! If you still want a more traditional experience, you may want to check out the other options in Miami.
For those who want to save the maximum amount of money, the hostel-style living quarters are an option. However, if you do want a private room with a little more space, you can upgrade to a standard king room.
Hotel details
Address:
2727 Indian Creek Drive, Miami Beach, FL 33140, United States of America.
Guest rating:
4.0 out of 5
Price per night:
From $26

The Esmé
The Esmé Hotel in Miami Beach feels like wandering into a dreamy little Spanish village hiding just off busy Española Way. Spread across eight beautifully restored buildings, it blends moody jewel tones with vintage touches and gives a nod to its bohemian 1920s past.
The rooms are cozy and full of bold textures, there are secret paseo-style alleys to explore, and there’s even a separate guesthouse called Casa Matanza across the street, which is rumored to have once been connected to Al Capone.
This place isn’t just nice to look at, though. It’s full of energy. Head up to the rooftop and you’ll find a charming pool, cabanas, and a bar that hosts happy hour and even sunset Pilates.
Downstairs, food options range from Mediterranean dishes at The Drexel to tapas and cocktails in a speakeasy-style bar.
When it’s time to relax or socialize, Esmé delivers with laid-back music nights, yoga sessions, and vintage tiki-bar vibes in the Bamboo Room, all wrapped up in a stylish, artsy escape.
New York Times review:
“The Esmé Miami Beach, a former hostel, was converted into a tasteful boutique hotel, washed in pale pinks and greens, at the mouth of the revitalized Española Way, a historic promenade. The area is young, sometimes chaotic, filled with shops and cocktail clubs like Tropezón gin bar, a block from South Beach.”
Hotel details
Address:
1438 Washington Ave, Miami Beach, FL 33139, United States.
Guest rating:
4.2 out of 5
Price per night:
From $125

The Vagabond Hotel
Finally, we have The Vagabond Hotel. This is a historic hotel in an interesting part of town. It is located on the Upper East Side, which is actually developing a really good scene of action. Obviously, it is not South Beach, but there are still things going on and developing in the area.
This hotel has seen a pretty big rebuild after being neglected for many years. With the area on the come-up, so is the Vagabond. Now, there are many upgraded and modern aspects that complement the old-school build of the hotel.
In terms of the actual rooms, there are a few different options to choose from depending on your needs and budget. One of the best is the Galaxy King that is basically a suite for two people. There is also the Electra Deluxe Suite that brings you over 300 square feet. Having the option to upgrade or downgrade is great for an affordable hotel.
There are also a few amenities and features not normally found with cheap hotels. The pool and lounge area around it provides an awesome palace to relax and cool off. Plus, there is the Vagabond Restaurant right on site.
Hotel details
Address:
7301 Biscayne Boulevard, Miami, FL 33138, United States of America.
Guest rating:
4.4 out of 5
Price per night:
From $129
About our budget hotel recommendations in Miami
We are a travel research company. Our team helps you discover the best cheap hotels in Miami by researching the internet for you. We have also visited some of these places. Hence, it’s not just our opinion, it’s the opinion of thousands of travelers who have been there before you. We make it easy for you to find out about the best budget hotels in the city.
Please note, we only list hotels that have an aggregated guest review rating of at least 4.0 out of 5. We aggregate all reviews from different booking sites and other unbiased review websites. Any hotel listed here should have a price of $100 or less per night. Hence, you can be certain all hotels listed above offer you a great and affordable stay in Miami.
Lowest price guarantee
We collaborate with Agoda and Booking.com. These booking sites guarantee the lowest prices, ensuring you always get the best deals for the hotels mentioned above.
If you find a better rate elsewhere, simply contact the booking website. They’ll promptly refund the difference. You can match prices up until the day before your check-in date.
Other smart ways to cut hotel costs
Check out these ideas to help you save money when booking your next hotel stay:
- Pick your spot carefully: staying downtown cuts travel costs, while suburban hotels are often cheaper but require spending on city transport
- Use our hotel rate tracker: we monitor your hotel’s price and alert you to rate drops, potentially saving you big bucks
- Visit in slow seasons: travel outside busy times if possible
- Grab a refundable room early: if you see a good price, book it; best rates often come 3 to 6 weeks ahead
- Look for last-minute bargains
- Review all booking fees: are taxes and extra charges included?
- Sign up for hotel rewards: most big chains now offer loyalty perks and discounts
- Think about which days: Sunday nights tend to be cheapest for hotel rooms
- Look at hostel private rooms: cheaper than hotels with similar comforts
- Break up your stay: book a budget spot first, then end your trip at a fancier place
- Pack your own breakfast
Get more advice in our guide on cutting hotel booking costs. It’s packed with tips on the best booking times, useful tools, and other tricks to find your ideal hotel without breaking the bank.
Top 3 budget hotels in Miami
Let’s summarize this affordable travel guide. Based on thousands of guest reviews, these are the best budget hotels in Miami:
More Miami guides
Get to know the city even better by reading our other articles about Miami: