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Florida Ridge, FL

Full City Profile · Florida · Indian River County County

3.1 /5.0
B Good
21,517 Population 2,002/sq mi density
$64,956 Median Income $33,350 per capita
$250,500 Home Value $359,800 Zillow
$1,209 Median Rent 25.5% income on rent
74°F Avg Temperature 330 sunny days/yr
441 Violent Crime/100K 3,817 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$64,956 median income, 1.3% unemployment
A+
Affordability
4.5 / 5.0
$250,500 home value, $1,209/mo rent
F
Safety
1.0 / 5.0
441 violent crimes/100K (16% above avg)
C+
Education
3.0 / 5.0
24.6% bachelor's degree or higher

Housing Overview

Median Home Value
$250,500
11% below
US avg: $281,900
Median Rent
$1,209/mo
4% above
US avg: $1,163/mo
Homeownership Rate
80.0%
22% above US avg (65.4%)
Total Housing Units
10,178
Median year built: 1990

Home Value by Source

Census Median
$250,500
Zillow (ZHVI)
$359,800
Median Sale Price
$267,450
Median List Price
$275,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

80.0%
Owner-Occupied
20.0%
Renter-Occupied
80%
20%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,212/mo
1 Bedroom
$1,296/mo
2 Bedroom
$1,526/mo
3 Bedroom
$1,971/mo
4 Bedroom
$2,261/mo
Census median rent: $1,209/mo

Market Indicators (Redfin)

Median Days on Market
98 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
44
Price Drops
30.2%
of listings with price reduction
Price Per Sq Ft
$192
Active Inventory
222
homes for sale

Affordability & Housing Stock

Rent Burden
25.5%
of renters spending 30%+ of income on housing
18% below US avg (31.0%)
Median Year Built
1990
Average age of housing stock: 36 years
Homeownership Rate
80.0%

Complete Housing Data

Home Values

Census Median Value$250,500
Zillow Home Value (ZHVI)$359,800
Median Sale Price$267,450
Median List Price$275,000
Price Per Sq Ft$192

Rent

Census Median Rent$1,209
FMR Studio$1,212
FMR 1-Bedroom$1,296
FMR 2-Bedroom$1,526
FMR 3-Bedroom$1,971
FMR 4-Bedroom$2,261

Market

Days on Market98
Sale-to-List Ratio1.0%
Price Drops30.2%
Homes Sold44
Active Inventory222
Price Per Sq Ft$192

Ownership & Stock

Owner-Occupied80.0%
Renter-Occupied20.0%
Homeownership Rate80.0%
Total Housing Units10,178
Median Year Built1990
Rent Burden25.5%