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Melbourne Beach, FL
Full City Profile · Florida · Brevard County County
3.3
/5.0
B
Good
3,237
Population
3,270/sq mi density
$86,563
Median Income
$64,512 per capita
$634,400
Home Value
$615,521 Zillow
$1,390
Median Rent
34.7% income on rent
73°F
Avg Temperature
319 sunny days/yr
60
Violent Crime/100K
906 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$86,563 median income, 1.9% unemployment
C+
Affordability
2.5 / 5.0
$634,400 home value, $1,390/mo rent
F
Safety
1.0 / 5.0
60 violent crimes/100K
A+
Education
5.0 / 5.0
66.3% bachelor's degree or higher
Housing Overview
Median Home Value
$634,400
125% above
US avg: $281,900
Median Rent
$1,390/mo
20% above
US avg: $1,163/mo
Homeownership Rate
79.4%
21% above US avg (65.4%)
Total Housing Units
1,727
Median year built: 1974
Home Value by Source
Census Median
$634,400
Zillow (ZHVI)
$615,521
Median Sale Price
$475,000
Median List Price
$599,999
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
79.4%
Owner-Occupied
20.6%
Renter-Occupied
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:
$1,390/mo
· Zillow rent:
$2,875/mo
Market Indicators (Redfin)
Median Days on Market
32 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
8
Price Drops
18.2%
of listings with price reduction
Price Per Sq Ft
$327
Active Inventory
33
homes for sale
Affordability & Housing Stock
Rent Burden
34.7%
of renters spending 30%+ of income on housing
12% above US avg (31.0%)
Median Year Built
1974
Average age of housing stock: 52 years
Homeownership Rate
79.4%
Complete Housing Data
Home Values
| Census Median Value | $634,400 |
| Zillow Home Value (ZHVI) | $615,521 |
| Median Sale Price | $475,000 |
| Median List Price | $599,999 |
| Price Per Sq Ft | $327 |
Rent
| Census Median Rent | $1,390 |
| Zillow Rent (ZORI) | $2,875 |
| 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 Market | 32 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 18.2% |
| Homes Sold | 8 |
| Active Inventory | 33 |
| Price Per Sq Ft | $327 |
Ownership & Stock
| Owner-Occupied | 79.4% |
| Renter-Occupied | 20.6% |
| Homeownership Rate | 79.4% |
| Total Housing Units | 1,727 |
| Median Year Built | 1974 |
| Rent Burden | 34.7% |