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Vero Beach South, FL

Full City Profile · Florida · Indian River County County

3.3 /5.0
B Good
29,365 Population 2,493/sq mi density
$71,675 Median Income $38,290 per capita
$295,500 Home Value $359,800 Zillow
$1,201 Median Rent 31.5% income on rent
74°F Avg Temperature 330 sunny days/yr
441 Violent Crime/100K 3,817 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$71,675 median income, 2.6% unemployment
A
Affordability
4.4 / 5.0
$295,500 home value, $1,201/mo rent
F
Safety
1.0 / 5.0
441 violent crimes/100K (16% above avg)
B
Education
3.4 / 5.0
29.8% bachelor's degree or higher

Housing Overview

Median Home Value
$295,500
5% above
US avg: $281,900
Median Rent
$1,201/mo
3% above
US avg: $1,163/mo
Homeownership Rate
78.7%
20% above US avg (65.4%)
Total Housing Units
13,832
Median year built: 1988

Home Value by Source

Census Median
$295,500
Zillow (ZHVI)
$359,800
Median Sale Price
$356,250
Median List Price
$347,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

78.7%
Owner-Occupied
21.3%
Renter-Occupied
79%
21%
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: $1,201/mo

Market Indicators (Redfin)

Median Days on Market
86 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
38
Price Drops
21.1%
of listings with price reduction
Price Per Sq Ft
$207
Active Inventory
251
homes for sale

Affordability & Housing Stock

Rent Burden
31.5%
of renters spending 30%+ of income on housing
2% above US avg (31.0%)
Median Year Built
1988
Average age of housing stock: 38 years
Homeownership Rate
78.7%

Complete Housing Data

Home Values

Census Median Value$295,500
Zillow Home Value (ZHVI)$359,800
Median Sale Price$356,250
Median List Price$347,000
Price Per Sq Ft$207

Rent

Census Median Rent$1,201
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 Market86
Sale-to-List Ratio1.0%
Price Drops21.1%
Homes Sold38
Active Inventory251
Price Per Sq Ft$207

Ownership & Stock

Owner-Occupied78.7%
Renter-Occupied21.3%
Homeownership Rate78.7%
Total Housing Units13,832
Median Year Built1988
Rent Burden31.5%