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

Discover affordable housing in Miami where there are 243+ 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.

St John Apartments

1300 NW 2nd Ave, Miami, Florida 33136

Overtown Apartments

560 NW 7th St, Miami, Florida 33136

King Heights

2320 NW 62nd St, Miami, Florida 33147

Biscayne View

915 NW 1st Ave, Miami, Florida 33136

Ludlam Gardens

4590 SW 67th Ave, Miami, Florida 33155

Miami Limited II

1501 NW 59th St, Miami, Florida 33142

Urban Leaugue - Floral Heights

2472 NW 58th St, Miami, Florida 33142

Ffhc Home Rental Rehab Biscayne Villas

5814 NE 4th Ct, Miami, Florida 33137

Walden Pond Villas

20750 NW 7th Ave, Miami, Florida 33169

William Douglas

3696 William Ave, Miami, Florida 33133

West Dade I

1077 NW 45th Ave, Miami, Florida 33126

West Dade II

10335 SW 40th St, Miami, Florida 33165

Spring Tree III

3805 SW 103rd Ave, Miami, Florida 33165

Snake Creek

375 NE 191st St, Miami, Florida 33179

M and M Maison I

1521 NW 61st St, Miami, Florida 33142

L and S

2620 NW 10th Ave, Miami, Florida 33127

Edison Gardens II

5900 NW 6th Ave, Miami, Florida 33127

Culp

2504 NW 35th St, Miami, Florida 33142

Colonial

218 NW 15th Ave, Miami, Florida 33125

Arena Garden Apartments

100 NW 11th St, Miami, Florida 33136

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Miami, 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, Florida Affordable Housing ↓

What HUD offices serve Miami, 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, Florida.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Miami, Florida.

Go to the Florida Public Housing and Low-Income Apartments Waiting Lists page for openings near Miami.

How many renters live in Miami, Florida?

The City of Miami has 449,484 people living in 199,578 households.

There are 300,486 renters living in 139,121 renter households in this City. Renters make up 66.85 percent of the population living in Miami.

What is the rental market like in Miami, Florida?

There are an estimated 228,213 housing units in the Miami area. Of these, 149,018 units are rental homes, making up 65 percent of the housing market. For every renter household in Miami, Florida, there are 1 rental units.

What is the vacancy rate for rentals in Miami?

The rental vacancy rate in Miami is 6 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Miami for each bedroom size?

Occupied Rental Units by Size in Miami
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
17,389 51,291 53,522 13,875 2,475
Occupied Rental Units by Size in Miami

A large number of apartments in Miami 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 are overburdened by housing costs?

Among renter households in this market, 60 percent have housing cost burden. Further, 32 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

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, Florida

How many units are rented at Fair Market Rent (FMR) in Miami?

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 11,429 66 percent
One BR 27,150 53 percent
Two BR 22,050 41 percent
Rental Units Below FMR in Miami, Florida

How many affordable rental units are in Miami?

There are a variety of federal affordable housing programs serving households in Miami, Florida including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 12,329
Public Housing 3,157
Section 8 Project-Based Rental Assistance 2,752
Mod Rehab Project-Based Rental Assistance 549
Section 202 Supportive Housing for the Elderly 757
Tracked Units by Federal Program in Miami, Florida

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Miami, Florida

Miami features 11,461 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, Florida

There are 16,752 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Miami.

Housing Choice Vouchers in Miami, Florida

On average, Section 8 Housing Choice vouchers pay Miami landlords $1,000 per month towards rent. The average voucher holder contributes $400 towards rent in Miami.

The maximum amount a voucher would pay on behalf of a low-income tenant in Miami, Florida for a two-bedroom apartment is between $2,092 and $2,556.

Sourced from federal housing data and AffordableHousingOnline.com research.