About This Property
Keys Phase III comprises 48 low-income rental units in Homestead, Florida, serving families with a mix of one-, two-, and three-bedroom apartments. The property has been in service since 1998 and operates under the 9% Low-Income Housing Tax Credit program. The development contains 3 one-bedroom units, 36 two-bedroom units, and 9 three-bedroom units.
Waitlist Information
Waitlist managed by Housing Authority of the City of Homestead
All waitlists are currently closed. Openings can happen with as little as 48 hours notice.
All waitlists are currently closed. When open, applications typically require government-issued photo ID, Social Security cards, birth certificates for minors, proof of income, and proof of current address.
Waitlist data provided by section8waitlist.org
Updated June 10, 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 Keys Phase Iii is typically 30% of household income or less.
What size apartments are available at Keys Phase Iii?+
Keys Phase Iii offers the following unit types: 3 One-Bedroom, 36 Two-Bedroom, 9 Three-Bedroom units, for a total of 48 units.
What is the price range for apartments in Homestead, FL?+
Based on Fair Market Rent for Miami-Dade County, the estimated price range is: 1-bedroom: $1884, 2-bedroom: $2324, 3-bedroom: $3027. Actual rent at Keys Phase Iii may be lower for income-eligible households.
Who manages Keys Phase Iii?+
Keys Phase Iii is managed by . You can reach them at .
Is there a waitlist for Keys Phase Iii?+
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 Keys Phase Iii?+
Keys Phase Iii is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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 is eligible to live at Keys Phase Iii?+
Keys Phase Iii primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
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.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Keys Phase Iii
Biscayne Palm Club
Homestead, FL
114 UnitsLeisure Villas
Homestead, FL
30 Units
Site 320
Leisure City, FL
2 UnitsModello
Homestead, FL
100 UnitsKeys Phases I & Ii
Homestead, FL
80 UnitsVilla Biscayne
Homestead, FL
180 Units