At $4,250/mo, rent takes about 33% of the local median household income, slightly above the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $4,250 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: September 25, 2026
What the numbers show
30% of the median household income ($156,037) is $3,901 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($3,790).
From Zillow's monthly rent index (ZORI) for Indian River Shores. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Indian River Shores, FL is majority owner-occupied, has a large retiree population, has a median income above the national average, 79.3% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Indian River Shores, FL has changed in 5 years
Census figures show median household income at $156,037 today, compared with $141,932 five years earlier. Census counts show Indian River Shores, FL adding about 169 residents over the five-year window, up 4.0% on net. Bachelor's-degree-or-higher attainment moved from 75.8% to 79.3% across the same window.
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At $4,250/mo, how Indian River Shores rent compares to typical pay (30% rule).
Indian River Shores rent by bedroom count
Median rent for each apartment size in Indian River Shores. Click any size for full breakdown.
Tips for renters in Indian River Shores
Last updated: September 25, 2026
The median rent in Indian River Shores is $4,250/mo as of September 2026. A studio apartment averages $1,800/mo while a 2-bedroom runs $2,280/mo. One-bedroom apartments average $1,810/mo and 3-bedroom units go for $2,830/mo.
At 33% of local median household income ($156,037/yr), Indian River Shores ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.
Frequently asked questions
How much income do you need to rent in Indian River Shores?
Is rent going up or down in Indian River Shores?
How does Indian River Shores rent compare to other cities in Florida?
Which nearby cities are cheaper to rent in than Indian River Shores?
At $4,250/mo, rent takes ~33% of Indian River Shores's median household income ($156,037/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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