Low Income Apartments and Affordable Housing For Rent in Melbourne, FL

Discover affordable housing in Melbourne where there are 33+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Briarstone Apartments

3034 Lipscomb St, Melbourne, Florida 32901

payment Subsidized

Heritage Park at Crane Creek

2550 Grant Street, Melbourne, Florida 32901

bed 1-3
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Trinity Towers East

700 E Strawbridge Ave, Melbourne, Florida 32901

switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

Trinity Towers South

615 E New Haven Ave, Melbourne, Florida 32901

payment Subsidized
accessibility Accessible

Trinity Towers West

650 E Strawbridge Ave, Melbourne, Florida 32901

payment Subsidized
accessibility Accessible

Ascension Manor

2960 Pineapple Ave, Melbourne, Florida 32935

payment Subsidized
elderly Senior
accessibility Accessible

Arch Creek Run

173 Rachel St, Melbourne, Florida 32901

payment Subsidized

Wickham Club

2905 Kemblewick Dr, Melbourne, Florida 32935

switch_access_shortcut Short Wait
accessibility Accessible

Abilities at English Park

1225 N Wickham Rd, Melbourne, Florida 32935

payment Subsidized
accessibility Accessible
accessible_forward Disability

Abilities at San Juan II

100 San Juan Cir, Melbourne, Florida 32935

payment Subsidized
accessibility Accessible
accessible_forward Disability

Shull Manor Apartments

713 E University Blvd, Melbourne, Florida 32901

bed 2
payment Subsidized

The Park at Topaz Cay

1900 Post Rd, Melbourne, Florida 32935

bed 3
payment $1854/mo.

Eleven35 Apartments

1135 N Wickham Rd, Melbourne, Florida 32935

bed 1
payment $1150/mo.

City Harbor

2395 Woodwind Trl, Melbourne, Florida 32935

bed 3
payment $1845/mo.

The Preserve at Longleaf

4465 Preserve Dr, Melbourne, Florida 32934

bed 3
payment $1932/mo.

Lake in the Woods

333 Lake in the Woods Dr, Melbourne, Florida 32901

bed 2
payment $1389/mo.

The Park at Via Terrossa

1245 Palm Bay Rd, Melbourne, Florida 32905

bed 2
payment $1425/mo.

The Palm Bay Grand Apartments

145 Cinnamon Cove Dr, Melbourne, Florida 32901

bed 3
payment $1877/mo.

1070 Luminary Cir

1070 Luminary Cir, Melbourne, Florida 32901

bed 3
payment $1800/mo.

4060 Millicent Cir

4060 Millicent Cir, Melbourne, Florida 32901

bed 4
payment $2130/mo.

How To Identify Affordable Housing in Melbourne, Florida

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Melbourne, Florida
$27.16/hour
$15.16 (+126%) more than Florida minimum wage and $19.91 (+275%) more than the Federal minimum wage.
Learn More About Melbourne, Florida Affordable Housing ↓

What HUD offices serve 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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Melbourne, Florida.

Go to the Florida Public Housing and Low-Income Apartments Waiting Lists page for openings near Melbourne.

How many renters live in Melbourne, Florida?

The City of Melbourne has people living in households.

There are renters living in renter households in this City. Renters make up 35.46 percent of the population living in Melbourne.

What is the rental market like in Melbourne, Florida?

There are an estimated housing units in the Melbourne area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Melbourne, Florida, there are 1.12 rental units.

What is the vacancy rate for rentals in Melbourne?

The rental vacancy rate in Melbourne is 6 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Melbourne for each bedroom size?

Occupied Rental Units by Size in Melbourne
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
609 4,376 5,900 2,931 689
Occupied Rental Units by Size in Melbourne

A large number of apartments in Melbourne have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Melbourne

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,034 to $2,263. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,034
One BR $1,214
Two BR $1,434
Three BR $1,938
Four BR $2,263
2024 Fair Market Rents in Melbourne, Florida

How many units are rented at Fair Market Rent (FMR) in Melbourne?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 258 42 percent
One BR 2,547 58 percent
Two BR 3,521 60 percent
Rental Units Below FMR in Melbourne, Florida

How many affordable rental units are in Melbourne?

There are a variety of federal affordable housing programs serving households in Melbourne, Florida including the following:

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
Section 811 Supportive Housing for Persons with Disabilities
Tracked Units by Federal Program in Melbourne, Florida

Rental units may be funded in part by multiple federal programs.

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.

Sourced from federal housing data and AffordableHousingOnline.com research.

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