Average Rent in 32935, Melbourne, FL

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Current Versus Historical 32935, Melbourne, FL Rents

32935 rentals average $1,700 for a studio rental to $2,500 for a 4-bedroom rental. The median price of all currently available listings is $1,838, or roughly $18 per square feet.

For the apartment units and housing in October 2026, median rents have fallen substantially over the last year. Studio rentals prices have decreased by $433 (-20.31%) year-over-year from $2,133 to $1,700. 1-bedroom rentals prices have decreased by $138 (-10.28%) year-over-year from $1,338 to $1,200. 2-bedroom rentals prices have increased by $188 (12.82%) year-over-year from $1,463 to $1,650. 3-bedroom rentals prices have increased by $9 (0.44%) year-over-year from $2,091 to $2,100. 4-bedroom rentals prices have increased by $257 (11.44%) year-over-year from $2,243 to $2,500. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 8.51% this month. 1-bedroom rents have gone down by 2.70% this month. 2-bedroom rents have gone down by 1.98% this month. 3-bedroom rents have gone up by 2.07% this month. 4-bedroom rents have gone up by 1.52% this month.

Beds	Price / Sqft	Oct 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$45.34	$1,700	$2,133 (-20.31%)	$1,415 (20.11%)
1 BR	$22.53	$1,200	$1,338 (-10.28%)	$1,317 (-8.86%)
2 BR	$19.65	$1,650	$1,463 (12.82%)	$1,532 (7.73%)
3 BR	$17.32	$2,100	$2,091 (0.44%)	$2,075 (1.20%)
4+ BR	$16.53	$2,500	$2,243 (11.44%)	$2,258 (10.74%)

Historical Rents in 32935, Melbourne, FL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 32935

There are a total of 8 cities nearby 32935. The average rent in 32935 is currently $2,050 per month. Only one city nearby has an average rent lower than that. Our records show that Cocoa, FL, with an average rent of $1,598, is the most affordable city nearby. In contrast, the most expensive city near 32935, Melbourne, FL is Cocoa Beach, FL. Monthly rents here are on average $2,500 per month.

Let's compare 32935, Melbourne, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in 32935, Melbourne, FL is 28.85% more expensive than other cities nearby. One bedrooms are about 14.43% more affordable. Two bedrooms in 32935, Melbourne, FL are about 3.03% more affordable. Finally, rent for three bedrooms are about 1.19% more affordable. Want more information? Check out the top 8 cities near 32935, Melbourne, FL in the following table.

City	Studio	1 Bed	2 Bed	All
Cocoa, FL	N/A	$1,200	$1,363	$1,598
Melbourne, FL	$2,100	$1,225	$1,713	$1,900
Rockledge, FL	N/A	$1,230	$1,695	$2,000
Cape Canaveral, FL	$1,250	$1,400	$2,100	$2,000
Palm Bay, FL	$1,169	$1,995	$1,700	$2,100
West Melbourne, FL	N/A	$1,375	$1,700	$2,200
Merritt Island, FL	$1,500	$1,450	$1,550	$2,325
Cocoa Beach, FL	$1,500	$1,825	$2,600	$2,500

Top Neighborhoods Near 32935

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near 32935

There are a total of 7 counties located by 32935, Melbourne, FL. Some of these counties include Cocoa-Rockledge, FL, Melbourne, FL, and Palm Bay, FL. The average rent for rentals in these counties is $2,288. That's roughly around $19 per sqft. The county that is the most affordable is Cocoa-Rockledge, FL. Its average rent per month is $1,898. Vice versa, with an average rent of $2,875, Indialantic-Melbourne Beach, FL is the most expensive county by 32935, Melbourne, FL.

Typically, rent for studios in 32935, Melbourne, FL is 11.76% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 32935, Melbourne, FL is 23.71% more affordable than other counties nearby. Finally, rent for two bedrooms in 32935, Melbourne, FL is 5.30% more affordable than other counties nearby. We've listed all of these counties in the table below.

County	Studio	1 Bed	2 Bed	All
Cocoa-Rockledge, FL	N/A	$1,200	$1,700	$1,898
Melbourne, FL	$2,100	$1,275	$1,650	$1,900
Palm Bay, FL	$1,169	$1,995	$1,738	$2,100
Cocoa Beach-Cape Canaveral, FL	$1,500	$1,500	$2,300	$2,288
Merritt Island, FL	$1,500	$1,450	$1,588	$2,400
West Brevard, FL	N/A	$1,500	$2,650	$2,700
Indialantic-Melbourne Beach, FL	$1,648	$1,800	$2,425	$2,875

Top Zipcodes Near 32935

There are a total of 6 zipcodes in or near 32935, Melbourne, FL. The average rent for all of these zipcodes is $2,048.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 32935, Melbourne, FL is $1,474 per month. Or in other words, $25 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,700 per month. Which comes out to $19 per sqft. The following table includes the top 6 zipcodes in 32935, Melbourne, FL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
32937, Indian Harbour Beach, FL	N/A	$1,850	$2,350	$2,800
32940, Viera West, FL	N/A	$1,485	$1,900	$2,500
32905, Palm Bay, FL	$1,169	$2,175	$1,700	$1,976
32904, June Park, FL	N/A	$1,450	$1,700	$2,095
32901, Melbourne, FL	$2,100	$1,250	$1,575	$1,900
32955, Rockledge, FL	N/A	$1,463	$1,650	$2,000

Frequently Asked Questions - 32935 Average Rents

What is the average rent price in 32935, Melbourne, FL?

The average monthly rental price for 32935, Melbourne, FL apartments for rent is approximately $1,838. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 32935, Melbourne, FL rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 32935, Melbourne, FL.

How much is a studio apartment in 32935, Melbourne, FL?

The average monthly rental price for studio apartments is $1,700 and an average price per square feet of $45.34. There are a total of 2 studio apartment listings currently available for rent in 32935.

How much is a one bedroom apartment in 32935, Melbourne, FL?

The average monthly rental price for one bedroom apartments is $1,213 and an average price per square feet of $22.53. There are a total of 26 one bedroom apartment listings currently available for rent in 32935.

How much is a two bedroom apartment in 32935, Melbourne, FL?

The average monthly rental price for two bedroom apartments is $1,650 and an average price per square feet of $19.65. There are a total of 38 two bedroom apartment listings currently available for rent in 32935.

How have rent prices in 32935, Melbourne, FL changed this year?

Rent prices for rentals in 32935, Melbourne, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.20%, one bedroom rental prices have changed by -0.10%, two bedroom rental prices have changed by 0.13%, three bedroom rental prices have changed by 0.00% year-over-year.

What is a reasonable rent price in 32935, Melbourne, FL?

A reasonable rent price in 32935, Melbourne, FL is around $1,470/month. You can search for these reasonably priced rental listings on RentHop.