Rents are 15% below what Vero Beach's 10-year trend predicts — a better deal than its own history suggests.
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 $2,092 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: October 17, 2026
What the numbers show
July. Asking rents in Vero Beach usually run 1.3% below trend in July and 1.5% above it in December, about $59 a month apart at today's median. Based on 11 years of data.
Rent in Vero Beach is 0.2% below its high of $2,096 in August 2026, at $2,092 as of September 2026.
Rent in Vero Beach changed +2.3% over the year to September 2026. Across the 270 Florida cities Zillow tracks, the typical change was +1.8%.
From 2019 to 2024, rent in Vero Beach rose 61.2% while median household income rose 42.8% ($48,844 to $69,758). Rent outpaced income.
Rent in Vero Beach is 59.6% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent rose in 7 of the last 12 months.
30% of the median household income ($69,758) is $1,744 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,553); a 3-bedroom is $1,928.
The priciest of 4 ZIP codes in Vero Beach, 32967 ($2,476/mo), costs 32% more than the cheapest, 32962 ($1,870/mo).
Palm Bay, 25 miles away, rents for 12% less ($1,842/mo), about $3,000 a year in savings.
From Zillow's monthly rent index (ZORI) for Vero Beach. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. 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
Vero Beach, FL is majority owner-occupied, has a large retiree population, 39.1% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Vero Beach, FL has changed in 5 years
Across the past five years, the going rent in Vero Beach, FL has shifted from $1,496 to $2,092, up 39.8% since 2021. Local incomes tracked alongside that move, going from a median of $54,311 in 2021 to $69,758 more recently. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Vero Beach, FL adding about 788 residents over the five-year window, up 4.8% on net. The renter share has risen from 32.8% to 35.6%, with owner-occupied housing accounting for the remainder. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Vero Beach, FL market of 2021.
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Can you afford rent in Vero Beach on your salary?
At $2,092/mo, how Vero Beach rent compares to typical pay (30% rule).
Vero Beach rent by bedroom count
Median rent for each apartment size in Vero Beach. Click any size for full breakdown.
Tips for renters in Vero Beach
Last updated: October 17, 2026
The median rent in Vero Beach is $2,092/mo as of October 2026. A studio apartment averages $1,228/mo while a 2-bedroom runs $1,553/mo. One-bedroom apartments average $1,235/mo and 3-bedroom units go for $1,928/mo.
At 36% of local median household income ($69,758/yr), Vero Beach ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.3% over the past year.
Frequently asked questions
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Which nearby cities are cheaper to rent in than Vero Beach?
At $2,092/mo, rent takes ~36% of Vero Beach's median household income ($69,758/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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