Affordable Housing In Melbourne
Brevard County, Florida

16 Low Income Apartment Communities In Melbourne

Trinity Towers East

700 E Strawbridge Ave
Melbourne, FL
62+
Accessible
Elderly Supportive Housing
Subsidized

Trinity Towers West

650 E Strawbridge Ave
Melbourne, FL
Subsidized

Shull Manor Apartments

713 E University Blvd
Melbourne, FL
Call For Rent
2 BR
HCV Welcome
Subsidized

Arch Creek Run

173 Rachel St
Melbourne, FL
Subsidized

Ascension Manor

2960 Pineapple Ave
Melbourne, FL
62+
Accessible
Elderly Supportive Housing
Subsidized

Abilities at San Juan II

100 San Juan Cir
Melbourne, FL
Accessible
Disabled Supportive Housing
Subsidized

Trinity Towers South

615 E New Haven Ave
Melbourne, FL
62+
Accessible
Elderly Supportive Housing
Subsidized

Sabal Palms Apartments

3001 Fountainhead Circle
Melbourne, FL
HCV Welcome

Abilities at English Park

1225 N Wickham Rd
Melbourne, FL
Accessible
Disabled Supportive Housing
Subsidized

Briarstone Apartments

3034 Lipscomb St
Melbourne, FL
Subsidized

Housing Authorities that serve Melbourne

Housing Authority Programs
Housing Authority of Brevard County Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Melbourne, Florida

According to federal housing data and AffordableHousingOnline.com research, there are 16 low income housing apartment communities offering 1,760 affordable apartments for rent in Melbourne, Florida. Melbourne features 925 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 835 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Melbourne.

Melbourne, FL Affordable Housing Snapshot

Total Affordable Apartment Properties 16
Total Low Income Apartments 1,760
Total Housing Units with Rental Assistance 925
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.1

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 $65,900

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 Melbourne HUD Rental Assistance in Melbourne

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,850 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $23,100 $26,400 $29,700 $32,950 $35,600 $38,250 $40,900 $43,500
80% of Median $36,900 $42,200 $47,450 $52,700 $56,950 $61,150 $65,350 $69,600
Low Income Housing Tax Credits in Melbourne

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1991 to 2011, 6 low income apartment communities containing 821 rental apartments have been constructed and made affordable to low income persons in Melbourne by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Melbourne

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $23,100 $26,400 $29,700 $32,950 $35,600 $38,250 $40,900 $43,500
60% of Median $27,720 $31,680 $35,640 $39,540 $42,720 $45,900 $49,080 $52,200

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Melbourne is $35,640 a year, or $2,970 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,970 by 30% to get a maximum rent of $891 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $578 $619 $743 $857 $956 $1,055
60% $693 $743 $891 $1,028 $1,148 $1,266
Fair Market Rents in Melbourne

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$702 $866 $1,078 $1,465 $1,788