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Apartments under $700 for Rent in Miami, FL

3 Rentals
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Living & Renting in Miami

Miami at a Glance

Average Rent

$2,210
(All bedrooms and property types)
Learn more about
Average Rent in Miami
9

School Rating

out of 10 Rating
Learn more about
Schools in Miami
40

Some Transit

out of 100 TransitScore® Rating
Learn more about
Transportation in Miami
59

Somewhat Bikeable

out of 100 BikeScore® Rating
Learn more about
Transportation in Miami

Miami, FL Apartments for Rent

Miami shines as Florida's second-largest city and a major international hub for finance, commerce, and culture, where the downtown skyline ranks as the third-tallest in the United States alongside the scenic Biscayne Bay. If you're searching for apartments for rent in Miami, you'll discover a varied rental market stretching from high-rise apartment communities in the financial district of Brickell to budget-friendly options in neighborhoods like Little Havana and Coconut Grove, with average rents running from about $2,088 for studios to $2,763 for two-bedroom units.

Renting in Miami makes sense for savvy renters thanks to the city's robust job market in finance, international trade, and tourism, plus easy access to major universities like Florida International University and the University of Miami. The city delivers solid transportation options including the Metrorail, Metromover, and convenient connections to Miami International Airport, while sought-after neighborhoods like Wynwood bring an artistic vibe, Midtown serves up dining and nightlife along Biscayne Boulevard, and areas near the Metrorail line keep your commute simple. Residents soak up year-round warm weather, nearby beaches in Miami Beach and Key Biscayne, plus cultural spots like the Perez Art Museum and entertainment at LoanDepot Park for Marlins games.

Why Miami?

  • Exciting nightlife offerings, from Downtown Miami and Brickell to Wynwood and South Miami
  • The bustling cruise capital of the world
  • The tropical atmosphere with palm-tree-lined streets and ocean breezes
  • International flair influenced by Latin American and Caribbean cultures
  • Rich economy

Renting in Miami

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Miami

(For 1 bedroom apartments)

Getting Around Miami

Transportation

71

Very Walkable

out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.
59

Bikeable

out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.
40

Some Transit

out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Scores provided by Walk Scoreⓘ

Education

GreatSchools Rating
Terra Environmental Research Institute

Public High School

Public
Grades 9-12
1,619 Students
GreatSchools Rating
School For Advanced Studies - South

Public High School

Public
Grades 11-12
284 Students
GreatSchools Rating
School For Advanced Studies North

Public High School

Public
Grades 11-12
132 Students
GreatSchools Rating
School For Advanced Studies-Wolfson

Public High School

Public
Grades 11-12
129 Students
GreatSchools Rating
Herbert A. Ammons Middle School

Public Middle School

Public
Grades 6-8
1,005 Students
GreatSchools Rating
Arvida Middle School

Public Middle School

Public
Grades 6-8
1,024 Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

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