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How to find affordable housing in Miami?

Author: Betty White
by Betty White
Posted: Feb 22, 2019
affordable housing

As anyone who has visited it can tell you, Miami is not cheap. Over the years many people have moved to Miami and it has become quite a center for IT industries and high-end businesses. With that increase in business came a lot of your professionals who all want to make Miami their home. And, as a side effect, Miami has become quite a luxurious place to live in. But, that doesn't mean that you cannot find affordable housing in Miami. In this article, we will go over how to look for affordable housing and where are the best places to start doing so.

How to look for affordable housing

Let's get some things straightened out first. Affordable housing is the type of housing which is valued to be affordable to people with median household income. Therefore, affordable housing standards can differ from place to place. In order to know what affordable housing means in Miami, you need to be aware that the average salary in Miami is $52,000. This means that in order for you to find decent housing you need to have a yearly income of $52,000.

Know what is important for housing

Before you start looking for affordable housing in Miami, you need to know what to look for. Since you need to stay within a certain budget, you need to figure out which things take priority. You cannot have it all and stay within your budget limit. That just doesn't happen. Think carefully about your future life in Miami and make a priority list of regarding apartments. Find a good real estate agent to help you out. Do you need an extra room in your apartment? Is it important to have a garage? Do you need to have quick access to public transportation? Are you going to live in a quiet neighborhood or in a lively one? All of these influence the kind of apartment you are going to get, and you need to figure them out before you start looking.

Having a roommate

Having affordable housing in Miami and not having a roommate is hard. Yes, living alone has numerous benefits. But splitting the rent with someone often means that you will be able to live in a much better apartment. Essentially, the biggest problem when it comes to living with a roommate is the roommate. You need to be very picky when finding one and have some strict ground rules. If you have lived with a roommate before, you are probably aware of just how different two lifestyles can be. In order to have a decent home and enjoy living in it, you need to figure out how to find and live with a decent roommate.

Buying property

Buying affordable property is something people also choose to do in Miami. But, this is even harder than finding one that is for rent. The reason is simple. The price of real estate in Miami is constantly changing. Ture, some neighborhoods stay expensive, but most of them fluctuate in their quality of life and in the price of real estate. What you need to do is to find a home in a neighborhood that is developing. Those homes are bound to increase in value over time, but you need a bit of luck in order to find them. Once you find one you are pretty much done. If you find a home in Jupiter, there are many Jupiter based moving companies at your service. But, finding one is easier said than done.

Where to find affordable housing in Miami

In order to help you find affordable housing in Miami, we've come up with a list of affordable neighborhoods in Miami. This list is a good place to start, but if your research takes you elsewhere, feel free to look. Once you find the place you want to move in to, you can easily hire Best Movers in Florida to help you move there.

Brownsville

If you are a young professional looking for a place to rent in Miami, then you've got to check out Brownsville. The neighborhood became a famous spot for young people to move into since the majority of the population is under 30. Plus, the average rent for a 1 bedroom apartment in Brownsville is only $620, which is considerably cheaper than most places in Miami.

Pinewood Park

Pinewood Park is more suited for the introverts. With the population of around 16,000, you will not have to suffer local traffic or wait in long lines at the groceries store. The population is also around 30, while the majority of people are African Americans. Pinewood Park is definitely must-see for artistic 30-year-olds who would like to try their best in Miami and have a close by jazz bar to chill out.

Hialeah Acers

Here is the place for the more seasoned trying to find affordable housing in Miami. Hialeah Acres has a substantial population of 200,000. Here you will find a decent 1-bedroom apartment for around $1020 a month. The reason for the slightly increased price in rent is that most of the people living here are in their 40s. This means that the average income is higher than for the 30-year-olds. But, surprisingly, the increase in income has not impacted the cost of living. Living in Hialeah Acres will cost you almost exactly the same as the U.S. average.

Miami Shores

Why move to Miami if you are not going to enjoy the beach? Well, a lot of people think this way. That is why it is hard to find affordable housing in Miami that is close to the beach. But, we've managed to come up with a worthy candidate. While the cost of living in Miami Shores can be expensive, monthly rent is only around $1,200. This is really affordable considering its location. So, move to Miami Shores, get your summer beach essentials and start enjoying Miami in the best possible way.

About the Author

My name is Betty and I have been writing expert articles in relation to the moving industry for the last couple of years. Besides this specific area, I am also experienced in other spheres pertaining to the concept of relocation.

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Author: Betty White
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Betty White

Member since: Jan 16, 2018
Published articles: 118

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