About This Property
Riverwalk I contains 123 low-income units designed to serve families in Homestead, Florida. The property offers a mix of one-, two-, and three-bedroom floor plans with 32 one-bedroom, 49 two-bedroom, and 42 three-bedroom units. The development was placed in service in 2008 and is financed through tax-exempt bonds and 4% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by Housing Authority of the City of Homestead
The Housing Authority accepts public housing pre-applications at the program level and purges applications if two invitations are declined.
The previous HCV waiting list accepted applications online and selected 2500 applicants by random lottery, by order of preferences.
Waitlist data provided by section8waitlist.org
Updated August 9, 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 Riverwalk I is typically 30% of household income or less.
What size apartments are available at Riverwalk I?+
Riverwalk I offers the following unit types: 32 One-Bedroom, 49 Two-Bedroom, 42 Three-Bedroom units, for a total of 123 units.
Who is eligible to live at Riverwalk I?+
Riverwalk I primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
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 Riverwalk I may be lower for income-eligible households.
How do I apply for housing at Riverwalk I?+
Riverwalk I 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.
Is there a waitlist for Riverwalk I?+
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.
Who manages Riverwalk I?+
Riverwalk I 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.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Riverwalk I
Teal Pointe Apts
Homestead, FL
45 UnitsPhoenix
Homestead, FL
164 UnitsColony Lakes
Homestead, FL
220 UnitsSeagrape Village
Homestead, FL
112 Units
Housing Authority of the City of Homestead
Homestead, FL
1892 UnitsHomestead Colony
Homestead, FL
312 Units