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Vero Lake Estates, FL
Full City Profile · Florida · Indian River County County
2.9
/5.0
C+
Fair
6,262
Population
1,853/sq mi density
$63,487
Median Income
$30,076 per capita
$293,500
Home Value
$343,439 Zillow
$1,882
Median Rent
51.0% income on rent
73°F
Avg Temperature
330 sunny days/yr
170
Violent Crime/100K
2,023 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$63,487 median income, 2.7% unemployment
A
Affordability
4.1 / 5.0
$293,500 home value, $1,882/mo rent
F
Safety
1.0 / 5.0
170 violent crimes/100K
C+
Education
2.6 / 5.0
19.4% bachelor's degree or higher
Housing Overview
Median Home Value
$293,500
4% above
US avg: $281,900
Median Rent
$1,882/mo
62% above
US avg: $1,163/mo
Homeownership Rate
75.8%
16% above US avg (65.4%)
Total Housing Units
2,617
Median year built: 2003
Home Value by Source
Census Median
$293,500
Zillow (ZHVI)
$343,439
Median Sale Price
$310,000
Median List Price
$339,495
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
75.8%
Owner-Occupied
24.2%
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:
$1,882/mo
Market Indicators (Redfin)
Median Days on Market
112 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
17
Price Drops
25.0%
of listings with price reduction
Price Per Sq Ft
$222
Active Inventory
84
homes for sale
Affordability & Housing Stock
Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
2003
Average age of housing stock: 23 years
Homeownership Rate
75.8%
Complete Housing Data
Home Values
| Census Median Value | $293,500 |
| Zillow Home Value (ZHVI) | $343,439 |
| Median Sale Price | $310,000 |
| Median List Price | $339,495 |
| Price Per Sq Ft | $222 |
Rent
| Census Median Rent | $1,882 |
| 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 | 112 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 25.0% |
| Homes Sold | 17 |
| Active Inventory | 84 |
| Price Per Sq Ft | $222 |
Ownership & Stock
| Owner-Occupied | 75.8% |
| Renter-Occupied | 24.2% |
| Homeownership Rate | 75.8% |
| Total Housing Units | 2,617 |
| Median Year Built | 2003 |
| Rent Burden | 51.0% |