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Apartments for Rent in Miami, FL under $700

Apartments for Rent in Miami, FL under $700. 2 Rentals Available
2 Rentals Available
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  • 1 bd $623
    Base rent Income restricted
    Verified Listing

    4.0 (5)
    5255 NW 29Th Ave, Miami, FL 33142
    Pet friendly • Fitness center • In unit laundry

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  • Ask for pricing
    Income restricted
    Verified Listing

    800 NE 12Th Avenue, Homestead, FL 33030
    Pet friendly • In unit laundry • Air conditioner
1-1-city

Frequently asked questions

When were prices and availability in Miami, FL last updated?

Prices and availability in Miami, FL were last updated on 31 Jul 2026.

What are the best apartments in Miami, FL?
What type of rental buildings are in Miami, FL?

In Miami, 69% of the residents are renting compared to 31% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 40% of Miami's rentals, 49% are small-scale complexes with under 50 units, and 10% are single-family rentals.

Renting apartments in Miami, FL under $700

Searching for apartments for rent in Miami, FL under $700 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RentCafe can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away.

We’ll help you find the cheapest rental near you

Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $700” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Miami, FL. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in Miami, FL going for $623 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.