About This Property
New Arena Square contains 419 low-income units in Miami serving families through a mix of studio, one-bedroom, two-bedroom, and three-bedroom apartments. The property has been in service since 2002 and receives funding through HOME and tax-exempt bonds. This development operates under a 9% Low-Income Housing Tax Credit program.
Waitlist Information
Waitlist managed by Miami Dade Public Housing and Community Development
7,500 applications were randomly selected; open to eligible low-income families, the elderly, and persons with disabilities who met HUD income limits. Submitting multiple applications could result in disqualification.
5,000 applications were selected by random lottery, with preferences for terminated due to insufficient funding by PHCD, displacement due to natural disaster, government action, homeless, veterans, mainstream, and Miami-Dade County residency. Duplicate applications could lead to disqualification.
Waitlist data provided by section8waitlist.org
Updated July 26, 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 New Arena Square is typically 30% of household income or less.
What size apartments are available at New Arena Square?+
New Arena Square offers the following unit types: 18 Studio, 138 One-Bedroom, 177 Two-Bedroom, 86 Three-Bedroom units, for a total of 419 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: 1-bedroom: $1884, 2-bedroom: $2324, 3-bedroom: $3027. Actual rent at New Arena Square may be lower for income-eligible households.
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.
Is there a waitlist for New Arena Square?+
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 is eligible to live at New Arena Square?+
New Arena Square primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages New Arena Square?+
New Arena Square is managed by . You can reach them at .
How do I apply for housing at New Arena Square?+
New Arena Square 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.
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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