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These days, finding an affordable place to live in the Fellsmere area can be challenging. Home prices in Fellsmere are now at a median cost of $319,145, lower than the Florida average of $396,783.
The average cost of rent is $1,294/mo in Fellsmere, primarily driven by the current value of real estate in the Fellsmere area. In Fellsmere, 17.50% of households rent, and 50.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fellsmere is $6,203 per month. Households that rent pay about 20.86% of their income on rent here. Fellsmere’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sebastian, FL: equally priced homes
- Roseland, FL: equally priced homes
- Micco, FL: less expensive homes
- Wabasso, FL: higher priced homes
- West Vero Corridor, FL: less expensive homes
- Orchid, FL: higher priced homes
- Vero Beach, FL: higher priced homes
- Gifford, FL: higher priced homes
- Indian River Shores, FL: higher priced homes
- Vero Beach South, FL: equally priced homes
Cities with Similar Populations
- Phoenix, MD: higher priced homes
- Pink Hill, NC: less expensive homes
- Pinehurst, MA: higher priced homes
- Pine City, MN: less expensive homes
- Pine Brook, NJ: higher priced homes
- Pinconning, MI: less expensive homes
- Pinckneyville, IL: less expensive homes
- Pilot Point, TX: higher priced homes
- Pikeville, TN: less expensive homes
- Phoenix, NY: less expensive homes
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