City Report · FL

Satellite Beach

Pop. 11,313·45th most expensive in Florida·Satellite Beach rents have dropped 9.4%, currently a renter's market
Median rent (all units)
$2,764/mo
Year-over-Year
-9.4%
Month-over-Month
Stable
vs US Median
+$799
Stable (Monthly)
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Most AffordableMost Expensive
Satellite Beach · $2,764
More expensive than 86% of US cities · National median $1,965/mo
Rent Reality Score
72/100
Good value
OverheatedFairGreat value

Rents are 11% below what Satellite Beach's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,764/mo
Expected by trend
$3,098/mo
The Rent Reality Score compares today's median rent to where Satellite Beach's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,460
1 BR
$1,700
2 BR
$1,980
3 BR
$2,690
4 BR+
$3,080
Research median
$1,980/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: July 20, 2026

Annual cost
$33,168/yr
At $2,764/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 9.4% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-9.4% YoY, -0.1% MoM), not inventory.
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Demographics

Who lives here

Satellite Beach, FL is majority owner-occupied, has a median income above the national average, 56.6% of residents hold a bachelor's degree or higher.

Population
11,313
Median income
$119,134
Median age
42.6
Renters
18.1%
Age distribution
22.7%
15.6%
29%
14.5%
18.3%
Under 1822.7%
18–3415.6%
35–5429%
55–6414.5%
65+18.3%
Gender
48.9%
51.1%
Male48.9%
Female51.1%
Race & ethnicity
85.7%
White85.7%
Black1.5%
Hispanic8.5%
Asian0.9%
Other3.4%
Education (25+)
31.8%
56.6%
No HS diploma1.7%
HS diploma9.9%
Some college31.8%
Bachelor's+56.6%
Housing tenure
81.9%
18.1%
Owner81.9%
Renter18.1%

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

2023 vs 2026

How Satellite Beach, FL has changed in 5 years

Rent
$2,675 → $2,764
up 3.3%
Income
$92,750 → $119,134
up 28.4%
Population
11,093 → 11,313
up 2.0%
Renter share
18.4% → 18.1%
-0.3 pts
Bachelor's+
53.4% → 56.6%
+3.2 pts

Since 2023, the typical rent in Satellite Beach, FL has climbed from $2,675 to $2,764, a 3.3% change over five years. Census figures show median household income at $119,134 today, compared with $92,750 five years earlier. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has grown by 2.0% since 2021, moving from about 11,093 residents to roughly 11,313. College-educated residents now make up 56.6% of adults here, versus 53.4% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2023.

Community

Discussions about Satellite Beach

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View Satellite Beach rent history (2015–2026) →
Salary vs rent

Can you afford rent in Satellite Beach on your salary?

At $2,764/mo, how Satellite Beach rent compares to typical pay (30% rule).

By apartment size

Satellite Beach rent by bedroom count

Median rent for each apartment size in Satellite Beach. Click any size for full breakdown.

Local insights

Tips for renters in Satellite Beach

About renting in Satellite Beach, FL

Last updated: July 20, 2026

The median rent in Satellite Beach is $2,764/mo as of July 2026. A studio apartment averages $1,460/mo while a 2-bedroom runs $1,980/mo. One-bedroom apartments average $1,700/mo and 3-bedroom units go for $2,690/mo.

At 28% of local median household income ($119,134/yr), Satellite Beach ranks as affordable compared to the national benchmark of 30%. Rents have decreased 9.4% over the past year.

FAQ

Frequently asked questions

Is Satellite Beach an affordable city for renters?

Satellite Beach is considered affordable for renters. At $2,764/mo, rent takes approximately 28% of the local median household income ($119,134/yr). The standard benchmark is 30%. Satellite Beach falls comfortably within that range.

How much income do you need to rent in Satellite Beach?

To keep rent at or below 30% of gross income, you would need to earn at least $111,000/year (~$53/hour full-time) to afford the median rent of $2,764/mo in Satellite Beach. The local median household income is $119,134/yr, meaning the typical Satellite Beach household meets that threshold.

Is rent going up or down in Satellite Beach?

Rent in Satellite Beach has decreased 9.4% over the past year as of July 2026, offering some relief compared to 12 months ago.

How does Satellite Beach rent compare to other cities in Florida?

Satellite Beach is one of the pricier cities in Florida for rent, ranking #45 out of 288 tracked cities at $2,764/mo.

Which nearby cities are cheaper to rent in than Satellite Beach?

Several nearby cities have lower median rents than Satellite Beach ($2,764/mo): Melbourne ($1,862/mo), West Melbourne ($1,948/mo), Cocoa Beach ($2,247/mo).

What percentage of Satellite Beach residents rent vs. own?

According to Census data, approximately 18.1% of Satellite Beach households are renters, while 81.9% are owner-occupied. Satellite Beach leans toward homeownership, which can mean a smaller rental inventory.

How does Satellite Beach rent compare to the national average?

Satellite Beach's median rent of $2,764/mo is $799 (41%) above the US national median of $1,965/mo. Within Florida, it ranks #45 out of 288 tracked cities.
Income Affordability
28%
AFFORDABLE

At $2,764/mo, rent takes ~28% of Satellite Beach's median household income ($119,134/yr). The standard benchmark is 30%.

Satellite Beach 28%Benchmark 30%
State income taxNone
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Satellite Beach, FL

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