Affordable Housing In Miami
Miami Dade County, Florida

213 Low Income Apartment Communities In Miami

La Palma

1040 SW 1st St
Miami, FL
62+
Accessible
Elderly Supportive Housing
Subsidized

Villa Sonia

340 SW 5th Ave
Miami, FL
Subsidized

Villa La Nina

520 SW 4th St
Miami, FL
Subsidized

Sweetwater Towers

10750 SW 4th St
Miami, FL
62+
Accessible
Elderly Supportive Housing
Subsidized

Memorial Highway Apartments

13633 Memorial Hwy
Miami, FL
62+
Accessible
Elderly Supportive Housing
Subsidized

Singer Plaza

1310 NW 16th St
Miami, FL
Subsidized

Stein Gerontological Institute, Inc

8725 SW 152nd St
Miami, FL
Accessible
Disabled Supportive Housing
Subsidized

Villa Margarita

628 SW 2nd St
Miami, FL
Subsidized

Saint Agustin Villas

1919 NW 15th Ave
Miami, FL
62+
Accessible
Elderly Supportive Housing
Subsidized

Las Palmas I

740 NW 25th Ave
Miami, FL
62+
Accessible
Elderly Supportive Housing
Subsidized

Housing Authorities that serve Miami

Housing Authority Programs
Miami-Dade Public Housing and Community Development Section 8 Housing Choice Voucher (HCV); Public Housing
Miami Hsg Conservation Section 8 Housing Choice Voucher (HCV)

Other Housing Authorities located in Miami

Housing Authority Programs
Carrfour Supportive Housing Inc. Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Miami, Florida

There are 213 low income housing apartment communities offering 27,050 affordable apartments for rent in Miami, Florida. Miami features 12,144 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 14,710 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Miami.

Sourced from federal housing data and AffordableHousingOnline.com research.

Miami, FL Affordable Housing Snapshot

Total Affordable Apartment Properties 213
Total Low Income Apartments 27,050
Total Housing Units with Rental Assistance 12,144
Percentage of Housing Units Occupied By Renters 69.03%
Average Renter Household Size 2.54
Average Household Size 2.63
Median Household Income $31,051 ±$635
Median Rent $971 ±$11
Percentage Of Renters Overburdened 62.82% ± 1.47pp
Total Population 424,632

Population and Household Demographics

Miami is a City in Miami Dade County, Florida with a population of 424,632. There are 157,347 households in the city with an average household size of 2.63 persons. 69.03% of households in Miami are renters.

Income and Rent Overburden in Miami

The median gross income for households in Miami is $31,051 a year, or $2,588 a month. The median rent for the city is $971 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Miami, a household making less than $3,237 a month would be considered overburdened when renting an apartment at or above the median rent. 62.82% of households who rent are overburdened in Miami.1

Area Median Income In Miami

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, the AMI is calculated from all households within Miami Dade County.

In Miami, HUD calculates the Area Median Income for a family of four as $54,900

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

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 Miami HUD Rental Assistance in Miami

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $17,800 $20,350 $22,900 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $29,650 $33,900 $38,150 $42,350 $45,750 $49,150 $52,550 $55,950
80% of Median $47,450 $54,200 $61,000 $67,750 $73,200 $78,600 $84,050 $89,450
Fair Market Rents in Miami

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$1,084 $1,285 $1,625 $2,164 $2,621