If you are traveling alone, Miami Beach hostels are probably the most economical solution offering rooms at about $20 per night or $140 per week.

Cheap Miami Beach hotel rates average around $70 per night and about $580 a week. For around $700 a week, travelers can secure a spacious vacation apartment with a full kitchen that can accommodate up to 4 people. In conclusion:

• 1 traveler will get the best deal at a South Beach hostel
• Travelers of 2 or more people will get the most comfort and the best deal with Miami Beach vacation condos