Affordable Housing Hub
Low Income (LIHTC)Waitlist Closed

Manatee Cove

746 Madelyn Way, Melbourne, FL, 32901

Information verified April 18, 2026·We re-check waiting list status daily

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About This Property

Manatee Cove contains 192 low-income units in Melbourne, Florida, serving families with a mix of 128 two-bedroom and 64 three-bedroom apartments. The property has been in service since 2006 and utilizes 4% Low-Income Housing Tax Credits and tax-exempt bond financing. The community is managed to provide affordable housing options for qualifying residents in Brevard County.

Waitlist Information

Waitlist managed by Housing Authority of Brevard County

Public Housing Waitlist
Closed

HABC North, HABC South, and MHA offices all have closed waitlists.

Last verified February 17, 2026
Section 8 (HCV) Waitlist
Closed

The average wait time is approximately 5 years. Winning lottery applicants will be contacted by HABC. Eligibility includes people who live or work in Brevard County, individuals and families with annual income less than 80 percent of Brevard County’s Area Median Income, veterans, low-income seniors age 62 or older, individuals with disabilities, and homeless families and individuals.

Last verified February 11, 2026

Waitlist data provided by section8waitlist.org

Updated April 17, 2026

Property Details

Total Units
192
2 Bedroom
128
3 Bedroom
64

Fair Market Rent - Brevard County, FL

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$1,034
1 Bedroom$1,214
2 Bedroom$1,434
3 Bedroom$1,938
4 Bedroom$2,263

Income Limits - Brevard County, FL

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$15,300
Very Low (50%)
$25,450
Low (80%)
$40,700
2 Persons
Extremely Low (30%)
$17,450
Very Low (50%)
$29,050
Low (80%)
$46,500
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$32,700
Low (80%)
$52,300
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$36,300
Low (80%)
$58,100
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$39,250
Low (80%)
$62,750
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$42,150
Low (80%)
$67,400
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$45,050
Low (80%)
$72,050
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$47,950
Low (80%)
$76,700

Tax Credit Program Details

Year Placed in Service
2006
LIHTC Credit Type
4%
Low-Income Units
192 / 192
Target Population
Families
Funding Programs
Tax-Exempt Bond
Designations
Qualified Census Tract

Frequently Asked Questions

What is the average rent for affordable housing in Melbourne, FL?+

The Fair Market Rent (FMR) for Brevard County, FL is: $1034 (Studio), $1214 (1BR), $1434 (2BR), $1938 (3BR), $2263 (4BR). Actual rent at subsidized properties like Manatee Cove is typically 30% of household income or less.

What size apartments are available at Manatee Cove?+

Manatee Cove offers the following unit types: 128 Two-Bedroom, 64 Three-Bedroom units, for a total of 192 units.

Who manages Manatee Cove?+

Manatee Cove is managed by . You can reach them at . Visit their website for more information.

How do I apply for housing at Manatee Cove?+

Manatee Cove is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.

What are the income limits for affordable housing in Brevard County, FL?+

For a 4-person household in Brevard County, FL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,300, Low Income (80% AMI): $58,100. These limits are set by HUD and updated annually.

Is there a waitlist for Manatee Cove?+

Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

What is the price range for apartments in Melbourne, FL?+

Based on Fair Market Rent for Brevard County, the estimated price range is: 2-bedroom: $1434, 3-bedroom: $1938. Actual rent at Manatee Cove may be lower for income-eligible households.

Who is eligible to live at Manatee Cove?+

Manatee Cove primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

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Walk Score

Car-Dependent

35
Walk
47
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Brevard County, FL

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Housing Resources in Melbourne, FL

HUD-Approved Counseling Agencies

COMMUNITY HOUSING INITIATIVE, INC

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops