Miami-Dade Section 8: An Appreciation Market, Not a Yield One
Miami-Dade grades F for Section 8, which is an appreciation-only verdict, not a cash-flow market. The median 3-bedroom voucher pays about $2,775/mo, which sounds large, but it implies a ~$278,000 entry at the 1% rule, and in South Florida prices and insurance usually push cash-on-cash well below the line.
The honest read is that high prices plus Florida insurance near 2% almost always sink cash-on-cash here. This is an appreciation play, not a Midwest-style yield play, and CloseHound won't pretend otherwise. If appreciation is your goal, screen Miami-Dade free on CloseHound; if you need yield, look elsewhere.
Miami-Dade HUD Section 8 voucher rents by ZIP (FY2026)
Official HUD Small Area Fair Market Rents — the voucher ceiling a landlord can collect in each ZIP, by bedroom count.
| ZIP code | 2-bed | 3-bed | 4-bed |
|---|---|---|---|
| 33012 | $2,450/mo | $3,140/mo | $3,630/mo |
| 33125 | $2,420/mo | $3,110/mo | $3,590/mo |
| 33142 | $2,090/mo | $2,680/mo | $3,100/mo |
| 33147 | $2,150/mo | $2,760/mo | $3,190/mo |
| 33150 | $1,960/mo | $2,520/mo | $2,920/mo |
| 33161 | $2,420/mo | $3,110/mo | $3,590/mo |
| 33167 | $2,080/mo | $2,670/mo | $3,080/mo |
| 33169 | $2,170/mo | $2,790/mo | $3,220/mo |
Source: HUD FY2026 SAFMR. CloseHound underwrites live listings against these exact ceilings.
South FL is an appreciation play, not a Midwest-style cashflow play. High insurance + prices usually score low on cash-on-cash — the tool won't pretend otherwise.
More Section 8 markets in Florida
Miami-Dade Section 8 FAQ
What's the Section 8 voucher rent for a 3-bed in Miami-Dade?+
The FY2026 median 3-bedroom voucher in Miami-Dade is about $2,775/mo, ranging from roughly $2,520 to $3,140/mo, among the highest in our coverage.
Can you cash-flow Section 8 in Miami-Dade?+
Rarely. It grades F because high prices and ~2% Florida insurance usually kill cash-on-cash. This is an appreciation play, not a yield market.
Why does Miami-Dade grade F for Section 8?+
The high voucher implies a ~$278,000 buy at the 1% rule, and once Florida insurance near 2% is added, cash-on-cash typically scores low. The grade reflects yield, not appreciation potential.
Should I screen Miami-Dade on CloseHound?+
Only if you're after appreciation. CloseHound will score most Miami-Dade deals low on cash flow, so use it to confirm that before you assume yield.
Screen Miami-Dade deals free
See which Miami-Dade listings actually cash-flow on the voucher — underwritten and ranked by Deal Score.
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