
About This Property
Edison Terrace Apts I is a 60-unit affordable housing community in Miami that includes 53 low-income units designed to serve families. The property offers a mix of 50 two-bedroom and 10 three-bedroom units and has been in service since 1994. The community is supported through 9% Low-Income Housing Tax Credits and is owned by a non-profit organization.
Waitlist Information
Waitlist managed by Miami Dade Public Housing and Community Development
Applications for public housing prioritize eligible low-income families, the elderly, and persons with disabilities residing in Miami-Dade County, with 7,500 applications selected through a computerized random lottery system.
The HCV waitlist randomly selected 5,000 applications, with preferences including termination due to insufficient funding, displacement by natural disaster or government action, homelessness, veterans, mainstream preference, and Miami-Dade County residency.
Waitlist data provided by section8waitlist.org
Updated May 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 |
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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 Terrace Apts I is typically 30% of household income or less.
What size apartments are available at Edison Terrace Apts I?+
Edison Terrace Apts I offers the following unit types: 50 Two-Bedroom, 10 Three-Bedroom units, for a total of 60 units.
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.
Who is eligible to live at Edison Terrace Apts I?+
Edison Terrace Apts 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 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 Terrace Apts I may be lower for income-eligible households.
Is there a waitlist for Edison Terrace Apts 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.
How do I apply for housing at Edison Terrace Apts I?+
Edison Terrace Apts 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.
Who manages Edison Terrace Apts I?+
Edison Terrace Apts I is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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