Market Summary

Melbourne, Brevard County, FL

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Median Home Price Price

$355,915 $355.9K

Median Monthly Rent Rent

$1,956 $2K

GRM

15.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Brevard County

Region Price Rent GRM Display
$304,435 $2,108 12.0x
$268,932 $1,596 14.0x
$291,959 $1,349 18.0x
$391,013 $2,066 16.0x

Home prices

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Monthly rent

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GRM

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Similar markets within FL outside of Brevard County

Region Price Rent GRM Display
$365,301 $2,203 14.0x
$340,566 $1,850 15.0x
$302,121 $1,390 18.0x
$224,204 $1,695 11.0x
$481,557 $2,016 20.0x
$349,420 $2,124 14.0x
$399,030 $1,850 18.0x
$292,447 $1,560 16.0x
$220,912 $1,596 12.0x
$343,492 $2,102 14.0x
$425,379 $2,435 15.0x
$310,074 $1,716 15.0x
$287,069 $1,428 17.0x
$300,469 $1,376 18.0x
$407,478 $2,654 13.0x
$200,149 $1,684 10.0x
$283,169 $1,603 15.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of FL

Region Price Rent GRM Display
$402,162 $2,002 17.0x
$259,007 $1,868 12.0x
$386,938 $2,050 16.0x
$446,963 $2,901 13.0x
$315,981 $1,539 17.0x
$361,705 $2,222 14.0x
$286,665 $2,146 11.0x
$397,469 $2,176 15.0x
$571,341 $2,192 22.0x
$431,127 $2,595 14.0x
$287,762 $1,959 12.0x
$280,121 $1,952 12.0x
$322,100 $2,004 13.0x
$291,794 $1,609 15.0x

Home prices

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Monthly rent

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GRM

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Melbourne

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Trend Insights

Median Rent in Melbourne, FL is $1,956, with MoM change +$7 and YoY change -$6 showing mixed momentum while volatility is low (std $14).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Melbourne, FL.

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Metric
Base market Melbourne, FL
Compare market Select a market
Delta vs base
Median rent
$1,956
N/A
Median price
$355,915
N/A
YoY change
-$6
N/A
Price-to-rent
15.2x
Data unavailable
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