Average Rent in Indialantic-Melbourne Beach, FL

Current Versus Historical Indialantic-Melbourne Beach, FL Rents

Indialantic-Melbourne Beach rentals average $1,600 for a studio rental to $3,900 for a 4-bedroom rental. The median price of all currently available listings is $2,990, or roughly $25 per square feet.
For the apartment units and housing in September 2026, median rents have risen substantially over the last year. Studio rentals prices have increased by $460 (40.35%) year-over-year from $1,140 to $1,600. 1-bedroom rentals prices have increased by $279 (17.49%) year-over-year from $1,596 to $1,875. 2-bedroom rentals prices have increased by $445 (21.19%) year-over-year from $2,100 to $2,545. 3-bedroom rentals prices have increased by $675 (23.08%) year-over-year from $2,925 to $3,600. 4-bedroom rentals prices have increased by $18 (0.45%) year-over-year from $3,883 to $3,900. 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 12.78% this month. 2-bedroom rents have gone up by 9.15% this month. 3-bedroom rents have gone up by 10.20% this month. 4-bedroom rents have gone up by 10.38% this month.
Beds
Price / Sqft
Sep 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $44.65 $1,600 $1,140 (40.35%) $1,100 (45.45%)
1 BR $37.00 $1,875 $1,596 (17.49%) $1,675 (11.94%)
2 BR $25.52 $2,545 $2,100 (21.19%) $2,113 (20.43%)
3 BR $23.34 $3,600 $2,925 (23.08%) $3,144 (14.50%)
4+ BR $23.26 $3,900 $3,883 (0.45%) $4,133 (-5.65%)

Historical Rents in Indialantic-Melbourne Beach, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Indialantic-Melbourne Beach

There are a total of 10 cities nearby Indialantic-Melbourne Beach. The average rent in Indialantic-Melbourne Beach is currently $2,050 per month. A total of 10 cities nearby have an average rent lower than that. Our records show that Titusville, FL, with an average rent of $1,600, is the most affordable city nearby. In contrast, the most expensive city near Indialantic-Melbourne Beach, FL is Indian Harbour Beach, FL. Monthly rents here are on average $2,550 per month.

Let's compare Indialantic-Melbourne Beach, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in Indialantic-Melbourne Beach, FL is 70.31% more expensive than other cities nearby. One bedrooms are about 32.04% more expensive. Two bedrooms in Indialantic-Melbourne Beach, FL are about 32.15% more expensive. Finally, rent for three bedrooms are about 37.87% more expensive. Want more information? Check out the top 10 cities near Indialantic-Melbourne Beach, FL in the following table.
City Studio 1 Bed 2 Bed All
Cocoa, FL N/A $1,290 $1,300 $1,600
Titusville, FL $950 $1,200 $1,350 $1,600
Melbourne, FL $1,300 $1,250 $1,700 $1,900
Palm Bay, FL N/A $1,200 $1,550 $1,995
Rockledge, FL N/A $1,265 $1,698 $2,000
West Melbourne, FL N/A $1,250 $1,600 $2,100
Cape Canaveral, FL $1,100 $1,450 $2,100 $2,100
Merritt Island, FL $1,000 $1,223 $1,695 $2,300
Cocoa Beach, FL $1,550 $1,850 $2,650 $2,500
Indian Harbour Beach, FL N/A $1,900 $1,900 $2,550

Top Neighborhoods Near Indialantic-Melbourne Beach

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

The average rent for these 1 neighborhoods in or near Indialantic-Melbourne Beach, FL is currently around $1,600 per month. A total of one neighborhood has a lower average rent. Interestingly, the neighborhoods' average rent is less than Indialantic-Melbourne Beach's average rent, which is actually $2,990. Out of all the neighborhoods in or near Indialantic-Melbourne Beach, Port Malabar Country Club has the most affordable average rent at $1,600 per month. Whereas, at $1,600 average rent per month, Port Malabar Country Club is the most expensive neighborhood in or near Indialantic-Melbourne Beach. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Port Malabar Country Club, Palm Bay, FL N/A $1,325 $1,500 $1,600

Top Counties Near Indialantic-Melbourne Beach

There are a total of 6 counties located by Indialantic-Melbourne Beach, FL. Some of these counties include Melbourne, FL, Cocoa-Rockledge, FL, and Palm Bay, FL. The average rent for rentals in these counties is $2,150. That's roughly around $19 per sqft. A total of 6 counties have a lower average rent. The county that is the most affordable is Melbourne, FL. Its average rent per month is $1,900. Vice versa, with an average rent of $2,698, West Brevard, FL is the most expensive county by Indialantic-Melbourne Beach, FL.

Typically, rent for studios in Indialantic-Melbourne Beach, FL is 68.75% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Indialantic-Melbourne Beach, FL is 32.30% more expensive than other counties nearby. Finally, rent for two bedrooms in Indialantic-Melbourne Beach, FL is 33.05% 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 $1,275 $1,650 $1,900
Cocoa-Rockledge, FL N/A $1,230 $1,650 $1,900
Palm Bay, FL N/A $1,200 $1,550 $2,000
Cocoa Beach-Cape Canaveral, FL $1,400 $1,550 $2,400 $2,300
Merritt Island, FL $1,000 $1,223 $1,698 $2,400
West Brevard, FL N/A $1,500 $3,000 $2,698

Top Zipcodes Near Indialantic-Melbourne Beach

There are a total of 8 zipcodes in or near Indialantic-Melbourne Beach, FL. The average rent for all of these zipcodes is $1,944. A total of 8 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 32780, Titusville, FL at $1,650 per month. In comparison, the zipcode with the most expensive average rent of $2,800 per month is 32937, Indian Harbour Beach, FL.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Indialantic-Melbourne Beach, FL is $1,256 per month. Or in other words, $24 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,638 per month. Which comes out to $19 per sqft. The following table includes the top 8 zipcodes in Indialantic-Melbourne Beach, 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 $1,775 $2,500 $2,800
32905, Palm Bay, FL N/A $1,250 $1,550 $1,700
32935, Melbourne, FL $1,300 $1,263 $1,650 $1,900
32940, Viera West, FL N/A $1,400 $1,900 $2,650
32901, Melbourne, FL $1,425 $1,250 $1,625 $1,799
32904, June Park, FL N/A $1,250 $1,625 $1,988
32955, Rockledge, FL N/A $1,299 $1,695 $2,075
32780, Titusville, FL $950 $1,213 $1,398 $1,650

Frequently Asked Questions - Indialantic-Melbourne Beach Average Rents

What is the average rent price in Indialantic-Melbourne Beach, FL?
The average monthly rental price for Indialantic-Melbourne Beach, FL apartments for rent is approximately $2,990. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Indialantic-Melbourne Beach, 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 Indialantic-Melbourne Beach, FL.
How much is a studio apartment in Indialantic-Melbourne Beach, FL?
The average monthly rental price for studio apartments is $1,600 and an average price per square feet of $44.65. There are a total of 1 studio apartment listings currently available for rent in Indialantic-Melbourne Beach.
How much is a one bedroom apartment in Indialantic-Melbourne Beach, FL?
The average monthly rental price for one bedroom apartments is $1,850 and an average price per square feet of $37.00. There are a total of 20 one bedroom apartment listings currently available for rent in Indialantic-Melbourne Beach.
How much is a two bedroom apartment in Indialantic-Melbourne Beach, FL?
The average monthly rental price for two bedroom apartments is $2,500 and an average price per square feet of $25.52. There are a total of 80 two bedroom apartment listings currently available for rent in Indialantic-Melbourne Beach.
How have rent prices in Indialantic-Melbourne Beach, FL changed this year?
Rent prices for rentals in Indialantic-Melbourne Beach, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.40%, one bedroom rental prices have changed by 0.17%, two bedroom rental prices have changed by 0.21%, three bedroom rental prices have changed by 0.23% year-over-year.
What is a reasonable rent price in Indialantic-Melbourne Beach, FL?
A reasonable rent price in Indialantic-Melbourne Beach, FL is around $2,392/month. You can search for these reasonably priced rental listings on RentHop.