Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Melbourne Beach area can be challenging. Home prices in Melbourne Beach are now at a median cost of $419,022, higher than the Florida average of $278,762.
The average cost of rent is $1,514/mo in Melbourne Beach, primarily driven by the current value of real estate in the Melbourne Beach area. While nearly 63.04% of residents own their homes outright in Melbourne Beach, 15.62% rent.
Housing affordability isn’t just about home prices, though. The average household income in Melbourne Beach is $7,043 per month. Households that rent pay about 21.49% of their income on rent here. Melbourne Beach's most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Malabar, FL: less expensive homes
- Grant-Valkaria, FL: less expensive homes
- Palm Bay, FL: less expensive homes
- Indialantic, FL: less expensive homes
- West Melbourne, FL: less expensive homes
- Melbourne Village, FL: less expensive homes
- Indian Harbour Beach, FL: less expensive homes
- Satellite Beach, FL: less expensive homes
- Melbourne, FL: less expensive homes
- Palm Shores, FL: less expensive homes
Cities with Similar Populations
- Abingdon, MD: less expensive homes
- Athol, MA: less expensive homes
- Apollo, PA: less expensive homes
- Antigo, WI: less expensive homes
- Annville, PA: less expensive homes
- Annapolis Neck, MD: higher priced homes
- Andover, NJ: less expensive homes
- Amityville, NY: equally priced homes
- Amherst, NH: equally priced homes
- Alma, MI: less expensive homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood