About This Property
Mariner's Cove is an affordable housing community in Key West offering 78 low-income units that have been in service since 1996. The property contains a mix of one-, two-, and three-bedroom units, with 36 one-bedroom, 33 two-bedroom, and 9 three-bedroom apartments. The development utilizes 9% Low-Income Housing Tax Credits to support its affordability.
Waitlist Information
Waitlist managed by Housing Authority of the City of Key West
The Public Housing waiting lists for Key West recently changed from open to closed. Specific properties like Senior Citizen Plaza (for seniors 62 or older) and Poinciana Gardens (for seniors and individuals with disabilities) are also currently closed.
The waiting list last opened for one week in April 2015, accepting 100 qualified applicants selected by random lottery. There is a reported 4-6 year waiting list for this program, which serves low-income families.
Waitlist data provided by section8waitlist.org
Updated June 22, 2026
Property Details
Fair Market Rent - Monroe County, FL
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,556 |
| 1 Bedroom | $1,730 |
| 2 Bedroom | $2,139 |
| 3 Bedroom | $2,812 |
| 4 Bedroom | $3,426 |
Income Limits - Monroe County, FL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $21,350
- Very Low (50%)
- $35,600
- Low (80%)
- $56,950
- Extremely Low (30%)
- $24,400
- Very Low (50%)
- $40,700
- Low (80%)
- $65,100
- Extremely Low (30%)
- $27,450
- Very Low (50%)
- $45,800
- Low (80%)
- $73,250
- Extremely Low (30%)
- $30,500
- Very Low (50%)
- $50,850
- Low (80%)
- $81,350
- Extremely Low (30%)
- $32,950
- Very Low (50%)
- $54,950
- Low (80%)
- $87,900
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $59,000
- Low (80%)
- $94,400
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $63,100
- Low (80%)
- $100,900
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $67,150
- Low (80%)
- $107,400
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $21,350 | $35,600 | $56,950 |
| 2 Persons | $24,400 | $40,700 | $65,100 |
| 3 Persons | $27,450 | $45,800 | $73,250 |
| 4 Persons | $30,500 | $50,850 | $81,350 |
| 5 Persons | $32,950 | $54,950 | $87,900 |
| 6 Persons | $35,580 | $59,000 | $94,400 |
| 7 Persons | $40,120 | $63,100 | $100,900 |
| 8 Persons | $44,660 | $67,150 | $107,400 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Key West, FL?+
The Fair Market Rent (FMR) for Monroe County, FL is: $1556 (Studio), $1730 (1BR), $2139 (2BR), $2812 (3BR), $3426 (4BR). Actual rent at subsidized properties like Mariner'S Cove - Key West is typically 30% of household income or less.
What size apartments are available at Mariner'S Cove - Key West?+
Mariner'S Cove - Key West offers the following unit types: 36 One-Bedroom, 33 Two-Bedroom, 9 Three-Bedroom units, for a total of 78 units.
What is the price range for apartments in Key West, FL?+
Based on Fair Market Rent for Monroe County, the estimated price range is: 1-bedroom: $1730, 2-bedroom: $2139, 3-bedroom: $2812. Actual rent at Mariner'S Cove - Key West may be lower for income-eligible households.
Who manages Mariner'S Cove - Key West?+
Mariner'S Cove - Key West is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Mariner'S Cove - Key West?+
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.
How do I apply for housing at Mariner'S Cove - Key West?+
Mariner'S Cove - Key West 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 Monroe County, FL?+
For a 4-person household in Monroe County, FL, the income limits are: Extremely Low Income (30% AMI): $30,500, Very Low Income (50% AMI): $50,850, Low Income (80% AMI): $81,350. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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