How much does it cost to rent in Indian River Shores, FL?

As of April 2026, the median monthly rent in Indian River Shores, FL is $3,333. This figure is based on aggregated data from public sources and community-submitted rents.

Is Indian River Shores cheaper than other Florida cities?

Indian River Shores is one of the pricier cities in Florida, ranking #22 out of 295 cities tracked at $3,333/mo.

When was Indian River Shores rent data last updated?

Indian River Shores rent data reflects April 2026 and was last refreshed on April 17, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · FL

Indian River Shores

Name: Average Rent Prices in Indian River Shores, FL
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 4,386·22nd most expensive in Florida·One of the pricier rental markets in the US

Median rent (all units)

$3,333/mo

Year-over-Year

Stable

Month-over-Month

-4.8%

vs US Median

+$1,368

Falling (Monthly)

Be the first to discuss Indian River Shores rents ↓

Most AffordableMost Expensive

Indian River Shores · $3,333

More expensive than 95% of US cities · National median $1,965/mo

Affordability

26% of income

AFFORDABLE

0%30% benchmark60%+

At $3,333/mo, rent takes about 26% of the local median household income, comfortably within the 30% benchmark.

Income to afford

$133,000/yr

Local median income

$156,037/yr

Based on the 30%-of-income rule using Indian River Shores's median rent and household income. See the full affordability breakdown →

Medians by bedroom

Rent by unit size

Studio

$1,800

1 BR

$1,810

2 BR

$2,280

3 BR

$2,830

4 BR+

$3,790

Research median

$2,280/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: April 17, 2026

Annual cost

$39,996/yr

At $3,333/mo median

Rent Market Meter

Strong Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.

Based on rent-price momentum (+0.0% YoY, -4.8% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

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.

Population

4,386

Median income

$156,037

Median age

74.3

Renters

2.4%

Age distribution

16.2%

73.1%

Under 184.7%

18–340.5%

35–545.6%

55–6416.2%

65+73.1%

Gender

45.3%

54.7%

Male45.3%

Female54.7%

Race & ethnicity

91.7%

White91.7%

Black1.1%

Hispanic4.1%

Asian2.7%

Education (25+)

79.3%

No HS diploma0.6%

HS diploma8.1%

Some college12%

Bachelor's+79.3%

Housing tenure

97.6%

Owner97.6%

Renter2.4%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Indian River Shores, FL has changed in 5 years

Income

$141,932 → $156,037

up 9.9%

Population

4,217 → 4,386

up 4.0%

Renter share

2.3% → 2.4%

+0.1 pts

Bachelor's+

75.8% → 79.3%

+3.5 pts

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.

Community

Discussions about Indian River Shores

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View Indian River Shores rent history (2015–2026) →

Salary vs rent

Can you afford rent in Indian River Shores on your salary?

At $3,333/mo, how Indian River Shores rent compares to typical pay (30% rule).

Registered Nurse

Avg $87,866/yr · Rent = 45.5% income

rent-burdened

Elementary School Teacher

Avg $62,384/yr · Rent = 64.1% income

severely rent-burdened

Police Officer

Avg $71,861/yr · Rent = 55.7% income

severely rent-burdened

Software Developer

Avg $128,442/yr · Rent = 31.1% income

stretched

Lawyer

Avg $164,117/yr · Rent = 24.4% income

affordable

Firefighter

Avg $58,413/yr · Rent = 68.5% income

severely rent-burdened

Truck Driver

Avg $52,740/yr · Rent = 75.8% income

severely rent-burdened

Electrician

Avg $65,007/yr · Rent = 61.5% income

severely rent-burdened

By apartment size

Indian River Shores rent by bedroom count

Median rent for each apartment size in Indian River Shores. Click any size for full breakdown.

Local insights

Tips for renters in Indian River Shores

About renting in Indian River Shores, FL

Last updated: April 17, 2026

The median rent in Indian River Shores is $3,333/mo as of April 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 26% of local median household income ($156,037/yr), Indian River Shores ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Indian River Shores an affordable city for renters?

Indian River Shores is considered affordable for renters. At $3,333/mo, rent takes approximately 26% of the local median household income ($156,037/yr). The standard benchmark is 30%. Indian River Shores falls comfortably within that range.

How much income do you need to rent in Indian River Shores?

To keep rent at or below 30% of gross income, you would need to earn at least $133,000/year (~$64/hour full-time) to afford the median rent of $3,333/mo in Indian River Shores. The local median household income is $156,037/yr, meaning the typical Indian River Shores household meets that threshold.

Is rent going up or down in Indian River Shores?

Rent in Indian River Shores has been relatively stable over the past year, with a 0.0% change year over year as of April 2026.

How does Indian River Shores rent compare to other cities in Florida?

Indian River Shores is one of the pricier cities in Florida for rent, ranking #22 out of 295 tracked cities at $3,333/mo.

Which nearby cities are cheaper to rent in than Indian River Shores?

Several nearby cities have lower median rents than Indian River Shores ($3,333/mo): Palm Bay ($1,881/mo), Fort Pierce ($1,955/mo), Sebastian ($1,994/mo).

What percentage of Indian River Shores residents rent vs. own?

According to Census data, approximately 2.4% of Indian River Shores households are renters, while 97.6% are owner-occupied. Indian River Shores leans toward homeownership, which can mean a smaller rental inventory.

How does Indian River Shores rent compare to the national average?

Indian River Shores's median rent of $3,333/mo is $1,368 (70%) above the US national median of $1,965/mo. Within Florida, it ranks #22 out of 295 tracked cities.

Income Affordability

26%

AFFORDABLE

At $3,333/mo, rent takes ~26% of Indian River Shores's median household income ($156,037/yr). The standard benchmark is 30%.

Indian River Shores 26%Benchmark 30%

State income taxNone

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