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MADALYN LANDING

LIHTC
500 MALABAR RD SW, PALM BAY, FL, 32907
Heads up:we don’t track current vacancy or pricing for individual units. This page describes the building’s federal-program participation and unit mix as reported to HUD. Contact property management directly for available units, application steps, and waitlist status.

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Location

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Building details

Income-restricted units
304
Total units
304
Year placed in service
2000
Construction type
unknown
Affordability period
n/a

Bedroom mix

  • 64 1-bedroom
  • 128 2-bedroom
  • 112 3-bedroom

Fair Market Rent for 32907

Zip-level (SAFMR)
BedroomsLocal FMR
Studio$1,430
1 bedroom$1,670
2 bedroom$1,930
3 bedroom$2,630
4 bedroom$2,990

Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source: HUD Fair Market Rent, FY2026.

Estimated total housing cost for a 2-bedroom unit at FMR: $1,930 rent + $169 utilities = $2,099/mo.

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