Room rates in Miami tend to swing wildly. In high season, which is January through May, expect to pay at least $250 per night, even at value-oriented hotels. With a rebounding local economy and increased tourism, prices have skyrocketed since 2013, increasing up to 70% in some cases. Numerous hotels, previously affordable, have moved to our highest price category. In fact, it’s common nowadays
for rates to begin around $500 at Miami’s top hotels. In summer, however, prices can be as much as 50% lower than the dizzying winter rates. You can also find great deals between Easter and Memorial Day, which is actually a delightful time in Miami. Business travelers tend to stay in downtown Miami, and most vacationers stay on Miami Beach, as close as possible to the water. South Beach is no longer the only "in" place to stay. Mid-Beach and downtown have taken the hotel scene by storm in the past few years and become home to some of the region's most avant-garde and luxurious properties to date. If money is no object, stay in one of the glamorous hotels lining Collins Avenue between 15th and 23rd streets. Otherwise, stay on the quiet beaches farther north, or in one of the small boutique hotels on Ocean Drive, Collins, or Washington avenues between 10th and 15th streets. Two important considerations that affect price are balcony and view. If you're willing to have a room without an ocean view, you can sometimes get a much lower price than the standard rate.