The Most Affordable Neighborhoods in Vero Beach, FL by Home Value

 

Vero Beach, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Vero Beach area can be challenging. Home prices in Vero Beach are now at a median cost of $444,743, higher than the Florida average of $278,762.

The average cost of rent is $1,465/mo in Vero Beach, primarily driven by the current value of real estate in the Vero Beach area. While nearly 59.27% of residents own their homes outright in Vero Beach, 11.62% rent.

Housing affordability isn’t just about home prices, though. The average household income in Vero Beach is $8,524 per month. Households that rent pay about 17.19% of their income on rent here. Vero Beach's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the city.


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