About This Property
Edison Terraces II comprises 60 units in Miami-Dade County, with 50 units designated as low-income housing serving families. The property offers a mix of 50 two-bedroom and 10 three-bedroom units and has been in service since 1994. The development utilizes 4% Low-Income Housing Tax Credit financing.
Waitlist Information
Waitlist managed by Miami Dade Public Housing and Community Development
Applicants were placed on a ranked waiting list via a computerized random selection system. Eligibility is for low-income families, elderly, or disabled individuals who meet income limits and residency requirements for Miami-Dade County.
5,000 applicants were selected by random lottery with preferences for terminated due to insufficient funding, displacement due to natural disaster or government action, homeless, veterans, mainstream preference, and Miami-Dade County residency.
Waitlist data provided by section8waitlist.org
Updated May 29, 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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Miami, 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 Edison Terraces Ii is typically 30% of household income or less.
What size apartments are available at Edison Terraces Ii?+
Edison Terraces Ii offers the following unit types: 50 Two-Bedroom, 10 Three-Bedroom units, for a total of 60 units.
What is the price range for apartments in Miami, FL?+
Based on Fair Market Rent for Miami-Dade County, the estimated price range is: 2-bedroom: $2324, 3-bedroom: $3027. Actual rent at Edison Terraces Ii may be lower for income-eligible households.
Who manages Edison Terraces Ii?+
Edison Terraces Ii is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Edison Terraces Ii?+
Edison Terraces Ii 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 Edison Terraces Ii?+
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 Edison Terraces Ii?+
Edison Terraces Ii 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.
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
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
