YieldBadger

Rent in Melbourne Beach, FL

A 2-bedroom in Melbourne Beach, FL (ZIP 32951) typically rents for about $1,905 a month, with a range of $1,739–$2,070. Owner-occupied homes in Brevard County pay about 0.68% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.

Rent by bedrooms

Typical monthly rent in Melbourne Beach, FL by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$1,540$1,327–$1,5401
1 bed$1,458$1,145–$1,7701
2 beds$1,905$1,739–$2,0701
3 beds$2,770$2,382–$2,7701
4 beds$3,150$2,707–$3,1501

Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).

Melbourne Beach ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Melbourne Beach, FL?
About $1,905 a month: the median of the typical rents in 1 ZIP code, which range from $1,739–$2,070. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Melbourne Beach, FL?
About $1,458 a month: the median of the typical rents in 1 ZIP code, which range from $1,145–$1,770. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Melbourne Beach, FL?
About $2,770 a month: the median of the typical rents in 1 ZIP code, which range from $2,382–$2,770. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Melbourne Beach, FL?
About $1,540 a month: the median of the typical rents in 1 ZIP code, which range from $1,327–$1,540. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Melbourne Beach, FL?
About $3,150 a month: the median of the typical rents in 1 ZIP code, which range from $2,707–$3,150. Figures are gross rent (rent plus tenant-paid utilities).
What is the property tax rate in Melbourne Beach, FL?
Owner-occupied homes in Brevard County pay a typical 0.68% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
What is the current 30-year mortgage rate?
The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these Melbourne Beach rent figures come from?
HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).