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Affordable Housing In Miami Beach
Miami Dade County, Florida

27 Low Income Apartment Communities In Miami Beach

Marian Towers

17505 N Bay Rd
Miami Beach, Florida
Call For Rent
1 BR
Subsidized
62+

Rebecca Towers North

200 Alton Rd
Miami Beach, Florida
Call For Rent
Studio-1 BR
Subsidized
62+

Steven E. Chaykin Apartments

321 Michigan Avenue
Miami Beach, Florida
62+
Accessible

Shep Davis Plaza

220 23rd St
Miami Beach, Florida
Subsidized

Council Towers

1040 Collins Ave
Miami Beach, Florida
Subsidized
62+
Accessible
Elderly Supportive Housing

Lulav Square Apartments

628 Lenox Avenue
Miami Beach, Florida
Subsidized

Four Freedoms House

3800 Collins Ave
Miami Beach, Florida
Subsidized

530 Michigan Apartments

530 Michigan Ave
Miami Beach, Florida

532 Michigan Apartments

532 Michigan Ave
Miami Beach, Florida
55+

Fernwood Apartments

935 Pennsylvania Ave
Miami Beach, Florida
Subsidized
Accessible
Accessible
Disabled Supportive Housing

Housing Authorities that serve Miami Beach

Housing Authority Programs
Housing Authority of the City of Miami Beach Section 8 Housing Choice Voucher (HCV); Public Housing
Miami-Dade Public Housing and Community Development Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Miami Beach, Florida

There are 27 low income housing apartment communities offering 2,055 affordable apartments for rent in Miami Beach, Florida.

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 397 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 $1,396 and $1,706.

2021 Miami Beach, Florida Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Fair Market Rent $1,057 $1,231 $1,551 $2,068 $2,483
Payment Standard Range $951 to $1,163 $1,108 to $1,354 $1,396 to $1,706 $1,861 to $2,275 $2,235 to $2,731

Sourced from federal housing data and AffordableHousingOnline.com research.

Miami Beach, FL Affordable Housing Snapshot

Total Affordable Apartment Properties 27
Total Low Income Apartments 2,055
Total Housing Units with Rental Assistance 1,634
Percentage of Housing Units Occupied By Renters 63.31%
Average Renter Household Size 2.02
Average Household Size 2.09
Median Household Income $44,342 ±$2,316
Median Rent $1,138 ±$30
Percentage Of Renters Overburdened 57.79% ± 2.86pp
Total Population 91,564

Population and Household Demographics

Miami Beach is a city in Miami Dade County, Florida with a population of 91,564. There are 43,266 households in the city with an average household size of 2.09 persons. 63.31% of households in Miami Beach are renters.

Income and Rent Overburden in Miami Beach

The median gross income for households in Miami Beach is $44,342 a year, or $3,695 a month. The median rent for the city is $1,138 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Miami Beach, a household making less than $3,793 a month would be considered overburdened when renting an apartment at or above the median rent. 57.79% of households who rent are overburdened in Miami Beach.

Area Median Income In Miami Beach

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Miami Beach, the AMI is calculated from all households within Miami Dade County.

In Miami Beach, HUD calculates the Area Median Income for a family of four as $59,100

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Miami Beach

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Miami Beach

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $19,200 $21,950 $24,700 $27,400 $30,680 $35,160 $39,640 $44,120
50% of Median $32,000 $36,600 $41,150 $45,700 $49,400 $53,050 $56,700 $60,350
80% of Median $51,200 $58,500 $65,800 $73,100 $78,950 $84,800 $90,650 $96,500