Housing & Real Estate — Melbourne, Florida
Overview
| Total Housing Units | 40,709 |
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| Occupied | 35,954 |
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| Vacant | 4,755 |
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| Owner-Occupied | 21,667 |
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| Renter-Occupied | 14,287 |
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| Median Home Value (Census) | $306,400 |
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| Estimated 2026 | ~$333,000 |
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| Median Rent | $1,411/mo |
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| Median Property Tax | $2,075/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
|---|
| Home Affordability | moderate |
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| Rent as % of Income | 25.3% |
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| Severely Rent-Burdened | 49.3% |
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Housing Age
| Built 2010 or later | 3,872 |
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| Built 2000-2009 | 5,556 |
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| Built 1990-1999 | 5,990 |
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| Built before 1960 | 5,461 |
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| Median Year Built | 1985 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
