Low Income Apartments and Affordable Housing For Rent in Miami, FL (2024)

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Discover affordable housing in Miami where there are 282+ 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.

Village Allapattah I

2370 NW 17th Ave, Miami, Florida 33142

bed1-3

switch_access_shortcutShort Wait

paymentSubsidized

real_estate_agentAccepts Vouchers

paymentIncome Based

accessibilityAccessible

New Horizons

690 NW 60th Street , Miami, Florida 33127

bed1

accessibilityAccessible

Cutler Manor

10875 SW 216th Street , Miami, Florida 33170

bed1-3

Villa Patricia I

234 NE 79th St, Miami, Florida 33138

bed1

switch_access_shortcutShort Wait

paymentIncome Based

accessibilityAccessible

Lucida Apartments

15800 NW 77th Ct, Miami, Florida 33016

bed1-2

Mildred and Claude Pepper Towers

2350 NW 54th St, Miami, Florida 33142

Lincoln Fields Apartments

2020 NW 63rd St, Miami, Florida 33147

Brownsville Transit Village II

5275 NW 29th Ave, Miami, Florida 33142

bed1-3

payment$871-1130/mo.

Labre Place

350 NW 4th St, Miami, Florida 33128

bedStudio-1

Las Palmas I

740 NW 25th Ave , Miami, Florida 33125

elderlySenior

accessibilityAccessible

Hadley Gardens

3031 NW 19th Ave, Miami, Florida 33142

bedStudio-1

Metro South Senior Apartments

6101 Sunset Drive, Miami, Florida 33143

Marcia Gardens Apartments

10251 SW 127TH AVE, Miami, Florida 33186

Wagner Creek Apartments

1501 NW 13TH CT, Miami, Florida 33125

The Jasmine

100 SW 22nd Ave, Miami, Florida 33135

bed1-2

Richmond Pine

14700 Booker T Washington Blvd, Miami, Florida 33176

bed1-2

Notre Dame

5725 NW 2nd Ave, Miami, Florida 33127

bed1-2

Caribbean West

12140 SW 200th St, Miami, Florida 33177

103 NW 202nd Ter, Miami, Florida 33169

Sierra Lake Apartments

255 NE 195 St, Miami, Florida 33179

How To Identify Affordable Housing in Miami, Florida

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

BadgeDescription

switch_access_shortcutShort Wait

Low income apartments with no or short waiting lists.

paymentSubsidized

Low income housing where the rent is subsidized and the renter pays only a portion of total rent.

real_estate_agentAccepts Vouchers

Apartments that accept Section 8 vouchers near you

elderlySenior

Rental housing for seniors who are 55 (or sometimes 62) and older.

paymentIncome Based

Affordable apartments where the rent paid is based on renter income.

accessibilityAccessible

Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.

accessible_forwardDisability

Apartments for individuals or families with disabilities.

Back to rentals ↑

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment InMiami, Florida

$44.02/hour

$32.02

(+267%) more thanFlorida minimum wage and

$36.77

(+507%) more than the Federal minimum wage.

Learn More About Miami, Florida AffordableHousing ↓

What HUD offices serve Miami, Florida?

Public Housing Agencies operate federally assisted affordable housing programs atlocal levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within theirjurisdiction.

Miami-Dade Public Housing and Community Development

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

Miami Hsg Conservation

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

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

How many renters live in Miami, Florida?

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

There are 300,486 renters living in139,121 renter households in thisCity. Renters make up 66.85percent of the population living in Miami.

What is the rental market like in Miami, Florida?

There are an estimated 228,213 housing units in theMiami area. Of these, 149,018 units are rentalhomes, making up 65 percent of the housing market. Forevery renter household in Miami, Florida, there are1 rental units.

What is the vacancy rate for rentals in Miami?

The rental vacancy rate in Miami is 6 percent.This is alower than averagevacancy rate.When rental vacancy rates are low there are fewer available units. Rents tend to be higher as morepeoplecompete for scarce housing.

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

Occupied Rental Units by Size in Miami
StudioOne-BedroomTwo-BedroomThree-BedroomFour+ Bedrooms
17,38951,29153,52213,8752,475

Occupied Rental Units by Size in Miami

A large number of apartments in Miami have two or fewer bedrooms. Seniors and youngprofessionalsespecially 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, 60percent havehousing cost burden. Further, 32percent of households are extremely rent overburdened. When renters pay too much for their housing, itleaveslittle money for other necessities like food, clothes, or medicine.

The federal government says that renters arecost-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 - rangesfrom $1,683 to $3,589. FMRs areupdated annually by HUD for every city and county nationwide.

Bed Size2024 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 FairMarket Rent. Markets with a large share of units above FMR tend to have longer search times to find aqualified unit, while those with a large share of units below FMR tend to have more choices and shortersearch 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 SizeCount of Units Below FMRPercentage of Total Units Below FMR
Studio11,42966 percent
One BR27,15053 percent
Two BR22,05041 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 inMiami, Florida including the following:

Federal ProgramUnit Count
Low Income Housing Tax Credit12,329
Public Housing3,157
Section 8 Project-Based Rental Assistance2,752
Mod Rehab Project-Based Rental Assistance549
Section 202 Supportive Housing for the Elderly757
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 andutilities.

Low Rent Apartments in Miami, Florida

There are 16,752 rent subsidized apartments that do notprovide 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 holdercontributes $400 towards rent inMiami.

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

Sourced from federal housing data and AffordableHousingOnline.comresearch.

Affordable Housing Tip

Looking for landlords who will take a Section 8 voucher?

Ask your housing authority if they have a list of landlords who accept Section 8 Housing Choice Vouchers.

What Renters Say About Us

Rose Carr says:

"Affordable Housing Online is a great resource to finding Section 8 waitlists that are open!"

Low Income Apartments and Affordable Housing For Rent in Miami, FL (2024)

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