What HUD offices serve North 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.
Go to the Florida Public Housing and Low-Income Apartments Waiting Lists page for openings near North Miami.
How many renters live in North Miami, Florida?
The City of North Miami has 59,854 people living in 20,214 households.
There are 30,390 renters living in 11,431 renter households in this City. Renters make up 50.77 percent of the population living in North Miami.
What is the rental market like in North Miami, Florida?
There are an estimated 21,900 housing units in the North Miami area. Of these, 12,044 units are rental homes, making up 55 percent of the housing market. For every renter household in North Miami, Florida, there are 1 rental units.
What is the vacancy rate for rentals in North Miami?
The rental vacancy rate in North Miami is 4 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 North Miami for each bedroom size?
Occupied Rental Units by Size in North Miami
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 1,321 | 4,491 | 4,506 | 839 | 224 |
Occupied Rental Units by Size in North Miami
A large number of apartments in North 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 North Miami are overburdened by housing costs?
Among renter households in this market, 65 percent have housing cost burden. Further, 36 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
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, Florida
How many units are rented at Fair Market Rent (FMR) in North 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 | 1,013 | 77 percent |
| One BR | 3,543 | 79 percent |
| Two BR | 1,586 | 35 percent |
Rental Units Below FMR in North Miami, Florida
How many affordable rental units are in North Miami?
There are a variety of federal affordable housing programs serving households in North Miami, Florida including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 616 |
| Section 8 Project-Based Rental Assistance | 8 |
| Section 202 Supportive Housing for the Elderly | 1 |
Tracked Units by Federal Program in North Miami, Florida
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in North Miami, Florida
North Miami features 109 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, Florida
There are 602 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in North Miami.
Housing Choice Vouchers in North Miami, Florida
On average, Section 8 Housing Choice vouchers pay North Miami landlords $1,000 per month towards rent. The average voucher holder contributes $400 towards rent in North Miami.
The maximum amount a voucher would pay on behalf of a low-income tenant in North Miami, Florida for a two-bedroom apartment is between $2,092 and $2,556.
Sourced from federal housing data and AffordableHousingOnline.com research.
