Average Rent in Indialantic-Melbourne Beach, FL

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Current Versus Historical Indialantic-Melbourne Beach, FL Rents

Indialantic-Melbourne Beach rentals average $1,900 for a 1-bedroom rental to $4,475 for a 4-bedroom rental. The median price of all currently available listings is $2,850, or roughly $2 per square feet.

For the apartment units and housing in November 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $713 (-19.79%) year-over-year from $3,600 to $2,888. 1-bedroom rentals prices have increased by $455 (31.49%) year-over-year from $1,445 to $1,900. 2-bedroom rentals prices have increased by $370 (16.97%) year-over-year from $2,180 to $2,550. 3-bedroom rentals prices have decreased by $58 (-1.88%) year-over-year from $3,108 to $3,050. 4-bedroom rentals prices have increased by $368 (8.91%) year-over-year from $4,132 to $4,500. 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 0.00% this month. 1-bedroom rents have gone up by 8.06% this month. 2-bedroom rents have gone up by 11.68% this month. 3-bedroom rents have gone down by 7.58% this month. 4-bedroom rents have gone up by 17.90% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$3.08	$1,900	$1,445 (31.49%)	$1,883 (0.88%)
2 BR	$2.01	$2,550	$2,180 (16.97%)	$2,100 (21.43%)
3 BR	$2.20	$3,050	$3,108 (-1.88%)	$2,808 (8.61%)
4+ BR	$2.09	$4,500	$4,132 (8.91%)	$4,167 (8.00%)

Historical Rents in Indialantic-Melbourne Beach, FL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Indialantic-Melbourne Beach

There are a total of 7 cities nearby Indialantic-Melbourne Beach. The average rent in Indialantic-Melbourne Beach is currently $2,100 per month. A total of 7 cities nearby have an average rent lower than that. 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 Indialantic-Melbourne Beach, FL is Cocoa Beach, FL. Monthly rents here are on average $2,800 per month.

Let's compare Indialantic-Melbourne Beach, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 28.95% more expensive. Two bedrooms in Indialantic-Melbourne Beach, FL are about 31.37% more expensive. Finally, rent for three bedrooms are about 13.71% more expensive. Want more information? Check out the top 7 cities near Indialantic-Melbourne Beach, FL in the following chart.

City	Studio	1 Bed	2 Bed	All
Melbourne, FL	$1,025	$1,350	$1,550	$1,900
Indian Harbour Beach, FL	N/A	$1,900	$2,100	$2,000
Palm Bay, FL	N/A	$1,225	$1,500	$2,000
Rockledge, FL	N/A	N/A	$1,700	$2,100
Cape Canaveral, FL	N/A	$1,500	$2,200	$2,200
Merritt Island, FL	N/A	N/A	$1,750	$2,500
Cocoa Beach, FL	N/A	$1,750	$2,600	$2,800

Top Neighborhoods Near Indialantic-Melbourne Beach

View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Indialantic-Melbourne Beach

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. A total of 5 counties have a lower average rent. The county that is the most affordable is Melbourne, FL. It's average rent per month is $1,992. Vice versa, with an average rent of $2,500, Merritt Island, FL is the most expensive county by Indialantic-Melbourne Beach, FL.

In comparison, rent for one bedroom listings in Indialantic-Melbourne Beach, FL is 30.26% more expensive than other counties nearby. Finally, rent for two bedrooms in Indialantic-Melbourne Beach, FL is 32.84% more expensive than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Melbourne, FL	$1,025	$1,325	$1,613	$1,992
Palm Bay, FL	N/A	$1,225	$1,500	$2,000
Cocoa-Rockledge, FL	N/A	$1,488	$1,713	$2,100
Cocoa Beach-Cape Canaveral, FL	N/A	$1,550	$2,400	$2,500
Merritt Island, FL	N/A	N/A	$1,800	$2,500

Top Zipcodes Near Indialantic-Melbourne Beach

There are a total of 2 zipcodes in or near Indialantic-Melbourne Beach, FL. The average rent for all of these zipcodes is $1,875. A total of 2 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 32935, Melbourne, FL at $1,800 per month. In comparison, the zipcode with the most expensive average rent of $1,950 per month is 32901, Melbourne, FL.

Studios in these zipcodes have an average rent of $513. That's at least $2 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Indialantic-Melbourne Beach, FL is $1,319 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,513 per month. Which comes out to $1 per sqft. The following chart includes the top 2 zipcodes in Indialantic-Melbourne Beach, FL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
32935, Melbourne, FL	$1,025	$1,300	$1,500	$1,800
32901, Melbourne, FL	N/A	$1,338	$1,525	$1,950

Frequently Asked Questions - Indialantic-Melbourne Beach Average Rents

What is the average rent price in Indialantic-Melbourne Beach, FL?

The average monthly rental price for Indialantic-Melbourne Beach, FL apartments for rent is approximately $2,850. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Indialantic-Melbourne Beach, 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 Indialantic-Melbourne Beach, FL.

How much is a studio apartment in Indialantic-Melbourne Beach, 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 0 studio apartment listings currently available for rent in Indialantic-Melbourne Beach.

How much is a one bedroom apartment in Indialantic-Melbourne Beach, FL?

The average monthly rental price for one bedroom apartments is $1,900 and an average price per square feet of $3.08. There are a total of 25 one bedroom apartment listings currently available for rent in Indialantic-Melbourne Beach.

How much is a two bedroom apartment in Indialantic-Melbourne Beach, FL?

The average monthly rental price for two bedroom apartments is $2,550 and an average price per square feet of $2.01. There are a total of 73 two bedroom apartment listings currently available for rent in Indialantic-Melbourne Beach.

How have rent prices in Indialantic-Melbourne Beach, FL changed this year?

Rent prices for rentals in Indialantic-Melbourne Beach, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.20%, one bedroom rental prices have changed by 0.31%, two bedroom rental prices have changed by 0.17%, and three bedroom rental prices have changed by -0.02% year-over-year.

What is a reasonable rent price in Indialantic-Melbourne Beach, FL?

A reasonable rent price in Indialantic-Melbourne Beach, FL is around $2,280/month. You can search for these reasonably priced rental listings on RentHop.