Average Rent in 32940, Viera West, FL

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Current Versus Historical 32940, Viera West, FL Rents

32940 rentals average $1,450 for a 1-bedroom rental to $3,500 for a 4-bedroom rental. The median price of all currently available listings is $2,650, or roughly $20 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 increased by $0 (0.00%) year-over-year from $3,430 to $3,430. 1-bedroom rentals prices have decreased by $50 (-3.33%) year-over-year from $1,500 to $1,450. 2-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $1,900 to $1,900. 3-bedroom rentals prices have increased by $167 (6.45%) year-over-year from $2,583 to $2,750. 4-bedroom rentals prices have decreased by $350 (-9.09%) year-over-year from $3,850 to $3,500. 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 down by 0.00% this month. 1-bedroom rents have gone up by 2.47% this month. 2-bedroom rents have gone down by 0.35% this month. 3-bedroom rents have gone up by 0.92% this month. 4-bedroom rents have gone down by 6.25% this month.

Beds	Price / Sqft	Jul 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$26.42	$1,450	$1,500 (-3.33%)	$1,467 (-1.14%)
2 BR	$19.94	$1,900	$1,900 (0.00%)	$1,917 (-0.87%)
3 BR	$19.93	$2,750	$2,583 (6.45%)	$2,717 (1.23%)
4+ BR	$17.82	$3,500	$3,850 (-9.09%)	$3,317 (5.53%)

Historical Rents in 32940, Viera West, FL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 32940

There are a total of 3 cities nearby 32940. The average rent in 32940 is currently $2,100 per month. A total of 3 cities nearby have an average rent lower than that. Our records show that Rockledge, FL, with an average rent of $1,950, is the most affordable city nearby. In contrast, the most expensive city near 32940, Viera West, FL is Merritt Island, FL. Monthly rents here are on average $2,238 per month.

Let's compare 32940, Viera West, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 7.41% more expensive. Two bedrooms in 32940, Viera West, FL are about 12.50% more expensive. Finally, rent for three bedrooms are about 16.36% more expensive. Want more information? Check out the top 3 cities near 32940, Viera West, FL in the following table.

City	Studio	1 Bed	2 Bed	All
Rockledge, FL	N/A	$1,290	$1,663	$1,950
West Melbourne, FL	N/A	$1,400	$1,738	$2,100
Merritt Island, FL	N/A	$1,343	$1,600	$2,238

Top Neighborhoods Near 32940

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near 32940

There are a total of 2 counties located by 32940, Viera West, FL. Some of these counties include Melbourne, FL and Cocoa-Rockledge, FL. The average rent for rentals in these counties is $1,975. That's roughly around $19 per sqft. A total of 2 counties have a lower average rent. 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 $2,000, Cocoa-Rockledge, FL is the most expensive county by 32940, Viera West, FL.

In comparison, rent for one bedroom listings in 32940, Viera West, FL is 8.83% more expensive than other counties nearby. Finally, rent for two bedrooms in 32940, Viera West, FL is 11.84% more expensive than 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

Top Zipcodes Near 32940

There are a total of 3 zipcodes in or near 32940, Viera West, FL. The average rent for all of these zipcodes is $2,150. A total of 3 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 32935, Melbourne, FL at $1,800 per month. In comparison, the zipcode with the most expensive average rent of $2,175 per month is 32955, Rockledge, FL.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 32940, Viera West, FL is $1,349 per month. Or in other words, $22 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 3 zipcodes in 32940, Viera West, FL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
32935, Melbourne, FL	$1,300	$1,275	$1,700	$1,800
32955, Rockledge, FL	N/A	$1,349	$1,675	$2,175
32904, June Park, FL	N/A	$1,500	$1,700	$2,150

Frequently Asked Questions - 32940 Average Rents

What is the average rent price in 32940, Viera West, FL?

The average monthly rental price for 32940, Viera West, FL apartments for rent is approximately $2,650. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 32940, Viera West, 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 32940, Viera West, FL.

How much is a one bedroom apartment in 32940, Viera West, FL?

The average monthly rental price for one bedroom apartments is $1,450 and an average price per square feet of $26.42. There are a total of 11 one bedroom apartment listings currently available for rent in 32940.

How much is a two bedroom apartment in 32940, Viera West, FL?

The average monthly rental price for two bedroom apartments is $1,900 and an average price per square feet of $19.94. There are a total of 21 two bedroom apartment listings currently available for rent in 32940.

How have rent prices in 32940, Viera West, FL changed this year?

Rent prices for rentals in 32940, Viera West, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by -0.03%, two bedroom rental prices have changed by 0.00%, three bedroom rental prices have changed by 0.06% year-over-year.

What is a reasonable rent price in 32940, Viera West, FL?

A reasonable rent price in 32940, Viera West, FL is around $2,120/month. You can search for these reasonably priced rental listings on RentHop.