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Vero Beach, FL

Full City Profile · Florida · Indian River County County

3.1 /5.0
B Good
16,785 Population 1,449/sq mi density
$67,351 Median Income $56,229 per capita
$392,500 Home Value $359,800 Zillow
$1,197 Median Rent 32.6% income on rent
74°F Avg Temperature 330 sunny days/yr
309 Violent Crime/100K 1,960 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$67,351 median income, 1.6% unemployment
B
Affordability
3.4 / 5.0
$392,500 home value, $1,197/mo rent
F
Safety
1.0 / 5.0
309 violent crimes/100K
A
Education
4.1 / 5.0
38.6% bachelor's degree or higher

Housing Overview

Median Home Value
$392,500
39% above
US avg: $281,900
Median Rent
$1,197/mo
3% above
US avg: $1,163/mo
Homeownership Rate
64.4%
2% below US avg (65.4%)
Total Housing Units
10,814
Median year built: 1974

Home Value by Source

Census Median
$392,500
Zillow (ZHVI)
$359,800
Median Sale Price
$390,000
Median List Price
$417,450
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

64.4%
Owner-Occupied
35.6%
Renter-Occupied
64%
36%
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: $1,197/mo · Zillow rent: $2,071/mo

Market Indicators (Redfin)

Median Days on Market
120 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
35
Price Drops
31.1%
of listings with price reduction
Price Per Sq Ft
$259
Active Inventory
357
homes for sale

Affordability & Housing Stock

Rent Burden
32.6%
of renters spending 30%+ of income on housing
5% above US avg (31.0%)
Median Year Built
1974
Average age of housing stock: 52 years
Homeownership Rate
64.4%

Complete Housing Data

Home Values

Census Median Value$392,500
Zillow Home Value (ZHVI)$359,800
Median Sale Price$390,000
Median List Price$417,450
Price Per Sq Ft$259

Rent

Census Median Rent$1,197
Zillow Rent (ZORI)$2,071
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 Market120
Sale-to-List Ratio1.0%
Price Drops31.1%
Homes Sold35
Active Inventory357
Price Per Sq Ft$259

Ownership & Stock

Owner-Occupied64.4%
Renter-Occupied35.6%
Homeownership Rate64.4%
Total Housing Units10,814
Median Year Built1974
Rent Burden32.6%