A Guide to

Affordable
Housing IN MIAMI

Affordable housing typically refers to housing that costs no more than 30% of a household's income. However, specific affordability levels are often tied to Area Median Income (AMI). In Miami-Dade County, the AMI for 2024 is $79,400.

Did you know?
In Miami-Dade County, the Area Median Income (AMI) for 2024 is $79,400
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Income Classification
Extremely
Low Income
Very
Low Income
Low
Income
Moderate
Income
Household
% of AMI
up to 30%
up to 50%
up to 80%
up to 120%
Household
Income
$23,850
$39,700
$63,520
$95,280
Qualified applicants can receive subsidies towards their monthly rent + utilities*
Income Classification
Extremely
Low Income
Very
Low Income
Low
Income
Moderate
Income
Household
% of AMI
up to 30%
up to 50%
up to 80%
up to 120%
Household
Income
$23,850
$39,700
$63,520
$95,280
Qualified applicants can receive subsidies towards their monthly rent + utilities*
Income Classification
Extremely Low Income
Household Income
up to 30% of AMI
$23,850
VERY Low Income
Household Income
up to 50% of AMI
$39,700
Low Income
Household Income
up to 80% of AMI
$63,520
MODERATE Income
Household Income
up to 120% of AMI
$95,280
Qualified applicants can receive subsidies towards their monthly rent + utilities*
Helpful Resources

Types of
Affordable Housing

  • Public Housing
    Government-owned apartements with rent based on income.
  • Section 8 Housing Program
    Rental assistance for low-income families.
  • Non-profit Housing
    Affordable units developed and managed by non-profit organizations.
  • Low-Income Housing Tax Credit Program (LIHTCs)
    Tax credits incentivize private developers to build affordable housing.

FINDING
Affordable Housing

  • Local Housing Authorities
    Information on public housing and Section 8 vouchers.
  • Online Resources
    Websites like Apartments.com and Zillow offer affordable housing filters.
  • Community Organizations
    Local resources and information about affordable housing options.

TIPS FOR RENTING
AffordablY

  • Consider Roommates
    Sharing costs can significantly reduce housing expenses.
  • Look Outside Downtown
    Areas outside downtown Miami often have more affordable options.
  • Be Prepared
    Good credit, rental history, and income verification are essential.
*Income limits and eligibility are updated annually and subject to change. Please consult an attorney or advisor to confirm details.
CASE STUDY

Residences at
Sawyer's Walk

The largest senior (62 yrs+) affordable housing project developed in the United States in decades

Affordable housing that looks & feels like luxury
  • Floor to ceiling windows
  • Designer kitchen and bathroom finishes
  • Full floor amenity deck and pool
In-building:
Developed by

Interested in Affordable Housing?

Our team has a variety of affordable housing options for you to consider. Please send us a note and we will respond shortly.