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Rent in Sebastian, FL

Across Sebastian's 3 ZIP codes, a 2-bedroom typically rents for about $1,525 a month, with figures from $1,323–$1,660. The highest typical rent is in 32978 ($1,542) and the lowest in 32958 ($1,323). 2 ZIPs have ZIP-level figures from HUD or Census; the other 1 uses the county Fair Market Rent. Owner-occupied homes in Indian River County pay about 0.69% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.

Rent by bedrooms

Typical monthly rent in Sebastian, FL by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$1,171$1,171–$1,3273
1 bed$1,179$790–$1,5253
2 beds$1,525$1,323–$1,6603
3 beds$1,882$1,529–$2,2203
4 beds$2,577$2,530–$2,7073

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).

Sebastian ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Sebastian, FL?
About $1,525 a month: the median of the typical rents in 3 ZIP codes, which range from $1,323–$1,660. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Sebastian, FL?
About $1,179 a month: the median of the typical rents in 3 ZIP codes, which range from $790–$1,525. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Sebastian, FL?
About $1,882 a month: the median of the typical rents in 3 ZIP codes, which range from $1,529–$2,220. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Sebastian, FL?
About $1,171 a month: the median of the typical rents in 3 ZIP codes, which range from $1,171–$1,327. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Sebastian, FL?
About $2,577 a month: the median of the typical rents in 3 ZIP codes, which range from $2,530–$2,707. Figures are gross rent (rent plus tenant-paid utilities).
Which Sebastian ZIP code has the highest rent?
For a 2-bedroom, 32978 has the highest typical rent at $1,542 a month, and 32958 the lowest at $1,323.
What is the property tax rate in Sebastian, FL?
Owner-occupied homes in Indian River County pay a typical 0.69% 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 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these Sebastian 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).