; Low Income Apartments For Rent in Melbourne, FL

Apply to Melbourne Apartment Waiting Lists

405 Marquis St

405 Marquis St
Melbourne, Florida
$1,800
4 BR

177 E Laila Dr

177 E Laila Dr
Melbourne, Florida
$1,900
3 BR

3562 D'Avinci Way Unit 3019

3562 D'Avinci Way
Melbourne, Florida
$1,300
2 BR

3511 D 'Avinci Way Unit 1012

3511 D'Avinci Way
Melbourne, Florida
$1,750
3 BR

1447 Palmwood Dr

1447 Palmwood Dr
Melbourne, Florida
$1,800
3 BR

2524 Pepper Ave

2524 Pepper Ave
Melbourne, Florida
$1,900
4 BR

3107 S Vassar St

3107 S Vassar St
Melbourne, Florida
$2,005
5 BR

3107 VASSAR ST, MELBOURNE, FL 32901

3107 S Vassar St
Melbourne, Florida
$2,005
4 BR

4572 Bluejay Ln

4572 Bluejay Ln
Melbourne, Florida
$1,650
3 BR

Parkway Place

3040 Bennett Ln
Melbourne, Florida
Rent Assisted
LIHTC

Hickory Pointe Apartments

2700 Carlson Cir
Melbourne, Florida
Rent Assisted
LIHTC

Manatee Cove

746 Madelyn Way
Melbourne, Florida
Rent Assisted
LIHTC

Crane Creek

2309 S Babcock St
Melbourne, Florida
Rent Assisted
LIHTC

Mha

1511 Mitchell St
Melbourne, Florida
Subsidized
Public Housing
Showing Results 16-29

There are 763 low-income apartments in Melbourne that offer reduced rents to eligible households.

Rental assistance programs support 932 low-income homes in Melbourne where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $373 towards rent each month.

Affordable rent data for some communities last confirmed on July 2nd, 2024. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Melbourne, Florida

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Housing Authority Programs
Housing Authority of Brevard County Section 8 Housing Choice Voucher (HCV); Public Housing
Go to the Florida Public Housing and Low-Income Apartments Waiting Lists page for openings near Melbourne.

Melbourne, Florida Affordable Housing Data

Income Based Apartments in Melbourne, Florida

Melbourne features 932 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Melbourne, Florida

There are 763 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Melbourne.

Housing Choice Vouchers in Melbourne, Florida

On average, Section 8 Housing Choice vouchers pay Melbourne landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Melbourne.

The maximum amount a voucher would pay on behalf of a low-income tenant in Melbourne, Florida for a two-bedroom apartment is between $1,291 and $1,577.

2024 Melbourne, Florida Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Melbourne, Florida Fair Market Rent $1,034 $1,214 $1,434 $1,938 $2,263
Melbourne, Florida Payment Standard Range $931 to $1,137 $1,093 to $1,335 $1,291 to $1,577 $1,744 to $2,132 $2,037 to $2,489

Sourced from federal housing data and AffordableHousingOnline.com research.

Melbourne, FL Affordable Housing Snapshot

Total Affordable Apartment Properties 29
Total Low Income Apartments 1,708
Total Housing Units with Rental Assistance 932
Percentage of Housing Units Occupied By Renters 41.26%
Average Renter Household Size 2.11
Average Household Size 2.25
Median Household Income $40,219 ±$1,723
Median Rent $837 ±$19
Percentage Of Renters Overburdened 50.63% ± 3.69pp
Total Population 78,012

Population and Household Demographics

Melbourne is a city in Brevard County, Florida with a population of 78,012. There are 33,619 households in the city with an average household size of 2.25 persons. 41.26% of households in Melbourne are renters.

Income and Rent Overburden in Melbourne

The median gross income for households in Melbourne is $40,219 a year, or $3,352 a month. The median rent for the city is $837 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Melbourne, a household making less than $2,790 a month would be considered overburdened when renting an apartment at or above the median rent. 50.63% of households who rent are overburdened in Melbourne.

Area Median Income In Melbourne

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Melbourne, the AMI is calculated from all households within Brevard County.

In Melbourne, HUD calculates the Area Median Income for a family of four as $89,600

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Melbourne

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Melbourne

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Melbourne AMI may qualify for rental assistance programs that target Extremely Low Income households.
$18,100 $20,650 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Melbourne AMI may qualify for rental assistance programs that target Very Low Income households.
$30,100 $34,400 $38,700 $43,000 $46,450 $49,900 $53,350 $56,800
80% AMI Income Limits
Renters earning up to 80% of the Melbourne AMI may qualify for rental assistance programs that target Low Income households.
$48,150 $55,000 $61,900 $68,750 $74,250 $79,750 $85,250 $90,750