What HUD offices serve Miami Beach, Florida?
Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.
Go to the Florida Public Housing and Low-Income Apartments Waiting Lists page for openings near Miami Beach.
How many renters live in Miami Beach, Florida?
The City of Miami Beach has people living in households.
There are renters living in renter households in this City. Renters make up 55.59 percent of the population living in Miami Beach.
What is the rental market like in Miami Beach, Florida?
There are an estimated housing units in the Miami Beach area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Miami Beach, Florida, there are 1.1 rental units.
What is the vacancy rate for rentals in Miami Beach?
The rental vacancy rate in Miami Beach is 7 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in Miami Beach for each bedroom size?
Occupied Rental Units by Size in Miami Beach
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 6,526 | 12,125 | 6,630 | 768 | 216 |
Occupied Rental Units by Size in Miami Beach
A large number of apartments in Miami Beach have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Miami Beach
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,683 to $3,589. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,683 |
| One BR | $1,884 |
| Two BR | $2,324 |
| Three BR | $3,027 |
| Four BR | $3,589 |
2024 Fair Market Rents in Miami Beach, Florida
How many units are rented at Fair Market Rent (FMR) in Miami Beach?
Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.
These are the approximate number of units renting below the FMR in this market:
| Unit Size | Count of Units Below FMR | Percentage of Total Units Below FMR |
| Studio | 4,374 | 67 percent |
| One BR | 4,700 | 39 percent |
| Two BR | 1,024 | 15 percent |
Rental Units Below FMR in Miami Beach, Florida
How many affordable rental units are in Miami Beach?
There are a variety of federal affordable housing programs serving households in Miami Beach, Florida including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| Public Housing | |
| Section 8 Project-Based Rental Assistance | |
| Section 202 Supportive Housing for the Elderly | |
| Section 811 Supportive Housing for Persons with Disabilities |
Tracked Units by Federal Program in Miami Beach, Florida
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Miami Beach, Florida
Miami Beach features 1,634 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.
Low Rent Apartments in Miami Beach, Florida
There are 486 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Miami Beach.
Housing Choice Vouchers in Miami Beach, Florida
On average, Section 8 Housing Choice vouchers pay Miami Beach landlords $900 per month towards rent. The average voucher holder contributes $400 towards rent in Miami Beach.
The maximum amount a voucher would pay on behalf of a low-income tenant in Miami Beach, Florida for a two-bedroom apartment is between $2,092 and $2,556.
Sourced from federal housing data and AffordableHousingOnline.com research.