Average Rent in 32935, Melbourne, FL

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Current Versus Historical 32935, Melbourne, FL Rents

32935 rentals average $0 for a studio rental to $2,275 for a 4-bedroom rental. The median price of all currently available listings is $1,800, or roughly $2 per square feet.
For the apartment units and housing in April 2025, median rents have risen substantially over the last year. Studio rentals prices have decreased by $533 (-29.09%) year-over-year from $1,833 to $1,300. 1-bedroom rentals prices have increased by $156 (12.55%) year-over-year from $1,242 to $1,398. 2-bedroom rentals prices have decreased by $240 (-13.41%) year-over-year from $1,790 to $1,550. 3-bedroom rentals prices have increased by $60 (2.91%) year-over-year from $2,065 to $2,125. 4-bedroom rentals prices have increased by $161 (7.55%) year-over-year from $2,134 to $2,295. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 1.68% this month. 1-bedroom rents have gone up by 6.21% this month. 2-bedroom rents have gone up by 1.11% this month. 3-bedroom rents have gone up by 0.55% this month. 4-bedroom rents have gone down by 6.90% this month.
Beds
Price / Sqft
Apr 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $2.10 $1,398 $1,242 (12.55%) $1,167 (19.79%)
2 BR $1.55 $1,550 $1,790 (-13.41%) $1,532 (1.20%)
3 BR $1.61 $2,125 $2,065 (2.91%) $2,169 (-2.04%)
4+ BR $1.55 $2,295 $2,134 (7.55%) $2,237 (2.61%)

Historical Rents in 32935, Melbourne, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 32935

There are a total of 5 cities nearby 32935. The average rent in 32935 is currently $2,100 per month. Our records show that Melbourne, FL, with an average rent of $1,900, is the most affordable city nearby. In contrast, the most expensive city near 32935, Melbourne, FL is Cocoa Beach, FL. Monthly rents here are on average $2,500 per month.

Let's compare 32935, Melbourne, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 3.54% more expensive. Two bedrooms in 32935, Melbourne, FL are about 9.52% more affordable. Finally, rent for three bedrooms are about 36.90% more affordable. Want more information? Check out the top 5 cities near 32935, Melbourne, FL in the following chart.
City Studio 1 Bed 2 Bed All
Melbourne, FL $1,000 $1,375 $1,698 $1,900
Indian Harbour Beach, FL N/A $1,800 $1,900 $2,100
Palm Bay, FL N/A $1,195 $1,488 $2,100
Merritt Island, FL N/A $1,300 $1,610 $2,300
Cocoa Beach, FL $2,050 $2,000 $2,500 $2,500

Top Neighborhoods Near 32935



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near 32935

Some of these counties include Melbourne, FL, Palm Bay, FL, and Cocoa-Rockledge, FL. The average rent for rentals in these counties is $2,100. That's roughly around $2 per sqft. The county that is the most affordable is Melbourne, FL. It's average rent per month is $1,970. Vice versa, with an average rent of $2,750, Indialantic-Melbourne Beach, FL is the most expensive county by 32935, Melbourne, FL.

Typically, rent for studios in 32935, Melbourne, FL is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 32935, Melbourne, FL is 1.75% more expensive than other counties nearby. Finally, rent for two bedrooms in 32935, Melbourne, FL is 9.68% more affordable than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Melbourne, FL $1,000 $1,350 $1,700 $1,970
Palm Bay, FL N/A $1,195 $1,495 $2,100
Cocoa-Rockledge, FL $975 $1,400 $1,700 $2,100
Cocoa Beach-Cape Canaveral, FL $2,050 $1,800 $2,100 $2,225
Indialantic-Melbourne Beach, FL N/A $1,800 $2,250 $2,750

Top Zipcodes Near 32935

There is one zipcode in or near 32935, Melbourne, FL. The average rent for this zipcode is $2,000.

The following chart includes the zipcode in or near 32935, Melbourne, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
32901, Melbourne, FL $875 $1,275 $1,775 $2,000

Frequently Asked Questions - 32935 Average Rents

What is the average rent price in 32935, Melbourne, FL?
The average monthly rental price for 32935, Melbourne, FL apartments for rent is approximately $1,800. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 32935, Melbourne, FL rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 32935, Melbourne, FL.
How much is a studio apartment in 32935, Melbourne, FL?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 1 studio apartment listings currently available for rent in 32935.
How much is a one bedroom apartment in 32935, Melbourne, FL?
The average monthly rental price for one bedroom apartments is $1,425 and an average price per square feet of $2.10. There are a total of 14 one bedroom apartment listings currently available for rent in 32935.
How much is a two bedroom apartment in 32935, Melbourne, FL?
The average monthly rental price for two bedroom apartments is $1,550 and an average price per square feet of $1.55. There are a total of 21 two bedroom apartment listings currently available for rent in 32935.
How have rent prices in 32935, Melbourne, FL changed this year?
Rent prices for rentals in 32935, Melbourne, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.29%, one bedroom rental prices have changed by 0.13%, two bedroom rental prices have changed by -0.13%, and three bedroom rental prices have changed by 0.03% year-over-year.
What is a reasonable rent price in 32935, Melbourne, FL?
A reasonable rent price in 32935, Melbourne, FL is around $1,440/month. You can search for these reasonably priced rental listings on RentHop.
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