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

Discover affordable housing in North Miami Beach where there are 1+ 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.

Harvard House

2020 NE 169th St, North Miami Beach, Florida 33162

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

What HUD offices serve North 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 North Miami Beach, Florida.

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

How many renters live in North Miami Beach, Florida?

The City of North Miami Beach has 43,269 people living in 14,899 households.

There are 20,686 renters living in 7,400 renter households in this City. Renters make up 47.81 percent of the population living in North Miami Beach.

What is the rental market like in North Miami Beach, Florida?

There are an estimated 17,404 housing units in the North Miami Beach area. Of these, 8,233 units are rental homes, making up 47 percent of the housing market. For every renter household in North Miami Beach, Florida, there are 1 rental units.

What is the vacancy rate for rentals in North Miami Beach?

The rental vacancy rate in North Miami Beach is 9 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 North Miami Beach for each bedroom size?

Occupied Rental Units by Size in North Miami Beach
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
452 2,959 2,669 1,100 220
Occupied Rental Units by Size in North Miami Beach

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

Among renter households in this market, 64 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 North 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 North Miami Beach, Florida

How many units are rented at Fair Market Rent (FMR) in North 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 394 87 percent
One BR 2,297 78 percent
Two BR 860 32 percent
Rental Units Below FMR in North Miami Beach, Florida

How many affordable rental units are in North Miami Beach?

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

Federal Program Unit Count
Low Income Housing Tax Credit 55
Section 8 Project-Based Rental Assistance 2
Tracked Units by Federal Program in North Miami Beach, Florida

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

Income Based Apartments in North Miami Beach, Florida

North Miami Beach features 0 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 North Miami Beach, Florida

There are 56 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in North Miami Beach.

Housing Choice Vouchers in North Miami Beach, Florida

On average, Section 8 Housing Choice vouchers pay North Miami Beach landlords $1,000 per month towards rent. The average voucher holder contributes $500 towards rent in North Miami Beach.

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

Sourced from federal housing data and AffordableHousingOnline.com research.