Average Rent in 32935, Melbourne, FL

Home » FL » Melbourne » 32935

Current Versus Historical 32935, Melbourne, FL Rents

32935 rentals average $1,300 for a studio rental to $2,425 for a 4-bedroom rental. The median price of all currently available listings is $1,800, or roughly $19 per square feet.

For the apartment units and housing in July 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $467 (-26.42%) year-over-year from $1,767 to $1,300. 1-bedroom rentals prices have decreased by $12 (-0.91%) year-over-year from $1,287 to $1,275. 2-bedroom rentals prices have increased by $113 (7.17%) year-over-year from $1,575 to $1,688. 3-bedroom rentals prices have increased by $35 (1.78%) year-over-year from $1,965 to $2,000. 4-bedroom rentals prices have increased by $268 (12.40%) year-over-year from $2,158 to $2,425. 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 down by 37.10% this month. 1-bedroom rents have gone up by 3.38% this month. 2-bedroom rents have gone up by 5.30% this month. 3-bedroom rents have gone down by 0.00% this month. 4-bedroom rents have gone down by 6.88% this month.

Beds	Price / Sqft	Jul 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$48.69	$1,300	$1,767 (-26.42%)	$1,839 (-29.32%)
1 BR	$21.74	$1,275	$1,287 (-0.91%)	$1,221 (4.44%)
2 BR	$18.88	$1,688	$1,575 (7.17%)	$1,475 (14.41%)
3 BR	$18.84	$2,000	$1,965 (1.78%)	$2,133 (-6.21%)
4+ BR	$18.42	$2,425	$2,158 (12.40%)	$2,229 (8.79%)

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 $2,075 per month. Only one city nearby has an average rent lower than that. Our records show that Cocoa, FL, with an average rent of $1,700, 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 57.69% more expensive than other cities nearby. One bedrooms are about 3.22% more affordable. Two bedrooms in 32935, Melbourne, FL are about 0.37% more expensive. Finally, rent for three bedrooms are about 10.00% 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	$1,250	$1,275	$1,700
Melbourne, FL	$1,300	$1,275	$1,725	$1,900
Rockledge, FL	N/A	$1,290	$1,663	$1,950
Palm Bay, FL	$1,100	$1,250	$1,550	$2,050
West Melbourne, FL	N/A	$1,400	$1,738	$2,100
Cape Canaveral, FL	$1,150	$1,400	$2,100	$2,100
Merritt Island, FL	N/A	$1,343	$1,600	$2,238
Cocoa Beach, FL	$1,400	$1,975	$2,500	$2,500

Top Neighborhoods Near 32935

There are a total of 1 neighborhoods in or near 32935. One neighborhood in the area is Port Malabar Country Club. We've included all of these top 1 neighborhoods in or near 32935, Melbourne, FL in the following table.

The average rent for these 1 neighborhoods in or near 32935, Melbourne, FL is currently around $1,725 per month. A total of one neighborhood has a lower average rent. Interestingly, the neighborhoods' average rent is less than 32935's average rent, which is actually $1,800. Out of all the neighborhoods in or near 32935, Port Malabar Country Club has the most affordable average rent at $1,725 per month. Whereas, at $1,725 average rent per month, Port Malabar Country Club is the most expensive neighborhood in or near 32935. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Port Malabar Country Club, Palm Bay, FL	N/A	$1,300	$1,500	$1,725

Top Counties Near 32935

There are a total of 7 counties located by 32935, Melbourne, FL. Some of these counties include Melbourne, FL, Cocoa-Rockledge, FL, and Palm Bay, FL. The average rent for rentals in these counties is $2,400. That's roughly around $20 per sqft. The county that is the most affordable is Melbourne, FL. Its average rent per month is $1,950. Vice versa, with an average rent of $3,000, Melbourne Shores-Floridana Beach, FL is the most expensive county by 32935, Melbourne, FL.

Typically, rent for studios in 32935, Melbourne, FL is 11.54% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 32935, Melbourne, FL is 5.29% more affordable than other counties nearby. Finally, rent for two bedrooms in 32935, Melbourne, FL is on par with the other counties nearby. We've listed all of these counties in the table below.

County	Studio	1 Bed	2 Bed	All
Melbourne, FL	$1,300	$1,295	$1,700	$1,950
Cocoa-Rockledge, FL	$1,150	$1,349	$1,650	$2,000
Palm Bay, FL	$1,100	$1,250	$1,550	$2,050
Cocoa Beach-Cape Canaveral, FL	$1,150	$1,650	$2,300	$2,400
Merritt Island, FL	N/A	$1,343	$1,600	$2,450
Indialantic-Melbourne Beach, FL	$1,600	$1,650	$2,225	$2,700
Melbourne Shores-Floridana Beach, FL	N/A	N/A	$2,300	$3,000

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 $2,162. A total of 2 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 32905, Palm Bay, FL at $1,700 per month. In comparison, the zipcode with the most expensive average rent of $2,650 per month is 32940, Viera West, FL.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 32935, Melbourne, FL is $1,400 per month. Or in other words, $24 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,688 per month. Which comes out to $20 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	$1,450	$2,125	$2,650
32940, Viera West, FL	N/A	$1,450	$1,900	$2,650
32905, Palm Bay, FL	N/A	$1,275	$1,550	$1,700
32904, June Park, FL	N/A	$1,500	$1,700	$2,150
32901, Melbourne, FL	$900	$1,275	$1,663	$1,775
32955, Rockledge, FL	N/A	$1,349	$1,675	$2,175

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 $1,800. 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 $1,300 and an average price per square feet of $48.69. There are a total of 4 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 $1,275 and an average price per square feet of $21.74. There are a total of 19 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 $1,700 and an average price per square feet of $18.88. There are a total of 41 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 -0.26%, one bedroom rental prices have changed by -0.01%, two bedroom rental prices have changed by 0.07%, three bedroom rental prices have changed by 0.02% year-over-year.

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

A reasonable rent price in 32935, Melbourne, FL is around $1,440/month. You can search for these reasonably priced rental listings on RentHop.