Melbourne Housing Information - Census

IndexMelbourneFloridaNational
Median home price$113,400$156,200$175,700
Median rent asked$833$998$920
Avg. people per household2.22.62.6
Owner occupied households60.2%66.1%64.4%
Renter occupied households39.8%33.9%35.6%

Melbourne Housing Information - Zillow

IndexMelbourneFloridaNational
Zillow home value index$139,100$192,600$188,100
Year over year appreciation rate9.44%9.31%5.14%
5 year average appreciation rate8.98%8.58%4.12%
10 year average appreciation rate-2.79%-2.72%-0.33%

Did you know?

  • The median home price in Melbourne is 35% lower than the national average.
  • The median rent asked in Melbourne is 9% lower than the national average.
  • The average number of people per household in Melbourne is 14% lower than the national average.
  • The number of owner occupied households in Melbourne is 6% lower than the national average.
  • The number of renter occupied households in Melbourne is 12% higher than the national average.

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Compare Melbourne, FL Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Patrick AFB, FL1,233$0100%
Palm Bay, FL104,342$101,80042%
June Park, FL4,059$147,30016%
Palm Shores, FL1,125$154,00012%
West Melbourne, FL19,208$162,1008%
Melbourne, FL77,216$113,40035%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Fayetteville, AR77,264$179,8002%
Camden, NJ77,294$86,00051%
Deerfield Beach, FL77,341$106,10040%
Lawrence, MA77,364$211,90021%
St. Joseph, MO77,040$100,50043%
Melbourne, FL77,216$113,40035%
Source: The Melbourne, FL housing data displayed above is derived from the United States Census Bureau and Zillow data.