Low Income Apartments and Affordable Housing For Rent in Miami Beach, FL

Discover affordable housing in Miami Beach where there are 28+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Lulav Square Apartments

628 Lenox Avenue, Miami Beach, Florida 33139

Four Freedoms House

3800 Collins Ave, Miami Beach, Florida 33140

Council Towers

1040 Collins Ave, Miami Beach, Florida 33139

Shep Davis Plaza

220 23rd St, Miami Beach, Florida 33139

Marian Towers

17505 N Bay Rd, Miami Beach, Florida 33160

Rebecca Towers North

200 Alton Rd, Miami Beach, Florida 33139

532 Michigan Apartments

532 Michigan Ave, Miami Beach, Florida 33139

Steven E. Chaykin Apartments

321 Michigan Avenue, Miami Beach, Florida 33139

Villa Matti

221 28th ST, Miami Beach, Florida 33140

530 Michigan Apartments

530 Michigan Ave, Miami Beach, Florida 33139

1551 Pennsylvania Ave

1551 Pennsylvania Ave, Miami Beach, Florida 33139

Miami Beach Dev. Corp.

259 Washington Ave, Miami Beach, Florida 33139

Fernwood Apartments

935 Pennsylvania Ave, Miami Beach, Florida 33139

Villa Maria

2800 Collins Ave, Miami Beach, Florida 33140

Shelbourne House

710 Jefferson Ave, Miami Beach, Florida 33139

Federation Towers

757 West Ave, Miami Beach, Florida 33139

Stella Maris House

8638 Harding Ave, Miami Beach, Florida 33141

Knightsbridge Condominium

7133 Bay Dr, Miami Beach, Florida 33141

2135 Apartments

2135 NE 169 St, Miami Beach, Florida 33162

Harding Village - Miami Beach

8540 Harding Ave, Miami Beach, Florida 33141

calendar_today Opened: Feb 5
calendar_today Closed: Feb 19,

Reported On February 5th, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Miami Beach, Florida
$44.02/hour
$32.02 (+267%) more than Florida minimum wage and $36.77 (+507%) more than the Federal minimum wage.
Learn More About Miami Beach, Florida Affordable Housing ↓

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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Moderate Rehabilitation programs for Miami Beach, Florida.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Miami Beach, Florida.

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 80,027 people living in 41,597 households.

There are 44,486 renters living in 25,122 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 62,596 housing units in the Miami Beach area. Of these, 27,622 units are rental homes, making up 44 percent of the housing market. For every renter household in Miami Beach, Florida, there are 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 many renter households in Miami Beach are overburdened by housing costs?

Among renter households in this market, 59 percent have housing cost burden. Further, 34 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

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 532
Public Housing 200
Section 8 Project-Based Rental Assistance 1,049
Section 202 Supportive Housing for the Elderly 37
Section 811 Supportive Housing for Persons with Disabilities 18
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.