About This Property
Park Place by the Bay comprises 463 units designated as low-income housing in Miami-Dade County, Florida. The property provides affordable rental options for eligible residents in the Miami area.
Waitlist Information
Waitlist managed by Miami Dade Public Housing and Community Development
Open to eligible low-income families, elderly, and persons with disabilities who are Miami-Dade County residents. A random selection process chose 7,500 applications.
The Section 8 Housing Choice Voucher waitlist is expected to reopen on February 1, 2027.
Waitlist data provided by section8waitlist.org
Updated August 19, 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 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 Park Place by the Bay is typically 30% of household income or less.
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 Park Place by the Bay?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Opening Soon and is expected to open for applications soon. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Who manages Park Place by the Bay?+
Park Place by the Bay is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Park Place by the Bay?+
Park Place by the Bay 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
Walker's Paradise
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
