About This Property
Homestead Colony offers 312 low-income rental units in Homestead, Florida, with a mix of 156 two-bedroom and 156 three-bedroom apartments serving families. The property was placed in service in 1996 and is funded through the HOME program with 9% Low-Income Housing Tax Credits. The community provides affordable housing options in Miami-Dade County.
Waitlist Information
Waitlist managed by Housing Authority of the City of Homestead
All waitlists for housing programs in Homestead, including Public Housing, are currently closed with no announced reopening date.
The waiting list was filled by a random lottery of 2500 eligible applicants. Only one application per household was permitted, and applicants had to meet HUD income and eligibility requirements.
Waitlist data provided by section8waitlist.org
Updated May 16, 2026
Property Details
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.
| Bedrooms | FMR |
|---|---|
| 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.
- Extremely Low (30%)
- $19,000
- Very Low (50%)
- $31,650
- Low (80%)
- $50,650
- Extremely Low (30%)
- $21,700
- Very Low (50%)
- $36,200
- Low (80%)
- $57,850
- Extremely Low (30%)
- $24,400
- Very Low (50%)
- $40,700
- Low (80%)
- $65,100
- Extremely Low (30%)
- $27,100
- Very Low (50%)
- $45,200
- Low (80%)
- $72,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $48,850
- Low (80%)
- $78,100
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $52,450
- Low (80%)
- $83,900
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $56,050
- Low (80%)
- $89,700
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $59,700
- Low (80%)
- $95,450
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $19,000 | $31,650 | $50,650 |
| 2 Persons | $21,700 | $36,200 | $57,850 |
| 3 Persons | $24,400 | $40,700 | $65,100 |
| 4 Persons | $27,100 | $45,200 | $72,300 |
| 5 Persons | $31,040 | $48,850 | $78,100 |
| 6 Persons | $35,580 | $52,450 | $83,900 |
| 7 Persons | $40,120 | $56,050 | $89,700 |
| 8 Persons | $44,660 | $59,700 | $95,450 |
Advertisement
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Homestead, 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 Homestead Colony is typically 30% of household income or less.
What size apartments are available at Homestead Colony?+
Homestead Colony offers the following unit types: 156 Two-Bedroom, 156 Three-Bedroom units, for a total of 312 units.
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.
Who manages Homestead Colony?+
Homestead Colony is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Homestead, FL?+
Based on Fair Market Rent for Miami-Dade County, the estimated price range is: 2-bedroom: $2324, 3-bedroom: $3027. Actual rent at Homestead Colony may be lower for income-eligible households.
Who is eligible to live at Homestead Colony?+
Homestead Colony primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Is there a waitlist for Homestead Colony?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
How do I apply for housing at Homestead Colony?+
Homestead Colony 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.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Homestead Colony
Landings
Homestead, FL
101 UnitsRemington Ii
Homestead, FL
190 UnitsHomestead Plaza
Homestead, FL
28 UnitsPolynesian
Homestead, FL
84 UnitsRiverwalk I
Homestead, FL
123 UnitsMonterey Pointe
Homestead, FL
336 Units