Vero Beach South renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Vero Beach South is about $1,145 per month. This puts it in the 51st percentile compared to the state average cost of rent, which is $1,453. Households in Vero Beach South have a median income of $5,541 per month so the average renter in Vero Beach South is spending roughly 21% of their earnings on housing.
Nationally, and in Vero Beach South, home values are the data point most closely correlated with the cost of rent. The median price of a home in Vero Beach South is $218,543 right now, which is lower than nearby cities, meaning that rents in Vero Beach South also tend to be lower versus these nearby cities.
Higher rent prices are common in the southwestern parts of Vero Beach South while lower rent rates are often available in northeastern areas.
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