Affordable Housing Hub
Low Income (LIHTC)

River Oaks - Florida City

501 NW 5th Ave, Florida City, FL, 33034

Information verified April 18, 2026ยทWe re-check waiting list status daily

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About This Property

River Oaks in Florida City contains 160 low-income residential units serving families, with a unit mix of 97 two-bedroom and 64 three-bedroom apartments. The property has been in service since 1996 and receives 4% Low-Income Housing Tax Credit financing. This Miami-Dade County development is managed to provide affordable housing options for eligible households.

Property Details

Total Units
160
2 Bedroom
97
3 Bedroom
64

Fair Market Rent - Miami-Dade County, FL

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$1,683
1 Bedroom$1,884
2 Bedroom$2,324
3 Bedroom$3,027
4 Bedroom$3,589

Income Limits - Miami-Dade County, FL

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$19,000
Very Low (50%)
$31,650
Low (80%)
$50,650
2 Persons
Extremely Low (30%)
$21,700
Very Low (50%)
$36,200
Low (80%)
$57,850
3 Persons
Extremely Low (30%)
$24,400
Very Low (50%)
$40,700
Low (80%)
$65,100
4 Persons
Extremely Low (30%)
$27,100
Very Low (50%)
$45,200
Low (80%)
$72,300
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$48,850
Low (80%)
$78,100
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$52,450
Low (80%)
$83,900
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$56,050
Low (80%)
$89,700
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$59,700
Low (80%)
$95,450

Tax Credit Program Details

Year Placed in Service
1996
LIHTC Credit Type
4%
Low-Income Units
160 / 160
Target Population
Families

Frequently Asked Questions

What is the average rent for affordable housing in Florida City, FL?+

The Fair Market Rent (FMR) for Miami-Dade County, FL is: $1683 (Studio), $1884 (1BR), $2324 (2BR), $3027 (3BR), $3589 (4BR). Actual rent at subsidized properties like River Oaks - Florida City is typically 30% of household income or less.

What size apartments are available at River Oaks - Florida City?+

River Oaks - Florida City offers the following unit types: 97 Two-Bedroom, 64 Three-Bedroom units, for a total of 160 units.

How do I apply for housing at River Oaks - Florida City?+

River Oaks - Florida City is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.

Who manages River Oaks - Florida City?+

River Oaks - Florida City is managed by . You can reach them at . Visit their website for more information.

What are the income limits for affordable housing in Miami-Dade County, FL?+

For a 4-person household in Miami-Dade County, FL, the income limits are: Extremely Low Income (30% AMI): $27,100, Very Low Income (50% AMI): $45,200, Low Income (80% AMI): $72,300. These limits are set by HUD and updated annually.

What is the price range for apartments in Florida City, FL?+

Based on Fair Market Rent for Miami-Dade County, the estimated price range is: 2-bedroom: $2324, 3-bedroom: $3027. Actual rent at River Oaks - Florida City may be lower for income-eligible households.

Who is eligible to live at River Oaks - Florida City?+

River Oaks - Florida City primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

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Walk Score

Somewhat Walkable

53
Walk
92
Bike

Location

Miami-Dade County, FL

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Housing Resources in Florida City, FL

HUD-Approved Counseling Agencies

CENTRO CAMPESINO, FARMWORKERS CENTER, INC

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops