City Report · FL

Vero Beach

Pop. 17,042·134th most expensive in Florida·Rental market data updated monthly for Vero Beach, FL
Median rent (all units)
$2,174/mo
Year-over-Year
+2.0%
Month-over-Month
-1.8%
vs US Median
+$212
Falling (Monthly)
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Most AffordableMost Expensive
Vero Beach · $2,174
More expensive than 68% of US cities · National median $1,962/mo
Rent Reality Score
80/100
Great value
OverheatedFairGreat value

Rents are 15% below what Vero Beach's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,174/mo
Expected by trend
$2,551/mo
The Rent Reality Score compares today's median rent to where Vero Beach's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,228
1 BR
$1,235
2 BR
$1,553
3 BR
$1,928
4 BR+
$2,578
Fair Market Rent (HUD)
$1,553/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,174 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 →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$26,088/yr
At $2,174/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+2.0% YoY, -1.8% MoM), not inventory.
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Demographics

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.

Population
17,042
Median income
$69,758
Median age
52.5
Renters
35.6%
Age distribution
13.7%
19.2%
20.4%
17.8%
28.9%
Under 1813.7%
18–3419.2%
35–5420.4%
55–6417.8%
65+28.9%
Gender
45.4%
54.6%
Male45.4%
Female54.6%
Race & ethnicity
73.1%
White73.1%
Black9.2%
Hispanic11.6%
Asian2%
Other4%
Education (25+)
23.1%
28.2%
39.1%
No HS diploma9.6%
HS diploma23.1%
Some college28.2%
Bachelor's+39.1%
Housing tenure
64.4%
35.6%
Owner64.4%
Renter35.6%

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

2021 vs 2026

How Vero Beach, FL has changed in 5 years

Rent
$1,542 → $2,174
up 41.0%
Income
$54,311 → $69,758
up 28.4%
Population
16,254 → 17,042
up 4.8%
Renter share
32.8% → 35.6%
+2.8 pts
Bachelor's+
40.8% → 39.1%
-1.7 pts
Median age
53 → 52.5
-0.5 yrs

Across the past five years, the going rent in Vero Beach, FL has shifted from $1,542 to $2,174, up 41.0% 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.

Community

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

Can you afford rent in Vero Beach on your salary?

At $2,174/mo, how Vero Beach rent compares to typical pay (30% rule).

By apartment size

Vero Beach rent by bedroom count

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

Local insights

Tips for renters in Vero Beach

About renting in Vero Beach, FL

Last updated: August 17, 2026

The median rent in Vero Beach is $2,174/mo as of August 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 37% of local median household income ($69,758/yr), Vero Beach ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.0% over the past year.

FAQ

Frequently asked questions

Is Vero Beach an affordable city for renters?

Vero Beach is considered moderate for renters. At $2,174/mo, rent takes approximately 37% of the local median household income ($69,758/yr). The standard benchmark is 30%. Vero Beach slightly exceeds that threshold, so budgeting carefully matters here.

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

To keep rent at or below 30% of gross income, you would need to earn at least $87,000/year (~$42/hour full-time) to afford the median rent of $2,174/mo in Vero Beach. The local median household income is $69,758/yr, meaning the typical Vero Beach household falls short of that threshold.

Is rent going up or down in Vero Beach?

Rent in Vero Beach has increased 2.0% over the past year as of August 2026, putting upward pressure on renter budgets.

Which Vero Beach neighborhoods have the lowest rent?

The most affordable ZIP codes in Vero Beach are 32962 ($1,928/mo), 32960 ($1,976/mo), and 32966 ($2,018/mo). Citywide, the median rent in Vero Beach is $2,174/mo.

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

Vero Beach is middle-of-the-pack for Florida for rent, ranking #134 out of 291 tracked cities at $2,174/mo.

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

Several nearby cities have lower median rents than Vero Beach ($2,174/mo): Palm Bay ($1,887/mo), Fort Pierce ($1,974/mo), Sebastian ($2,085/mo).

What percentage of Vero Beach residents rent vs. own?

According to Census data, approximately 35.6% of Vero Beach households are renters, while 64.4% are owner-occupied. Vero Beach leans toward homeownership, which can mean a smaller rental inventory.

How does Vero Beach rent compare to the national average?

Vero Beach's median rent of $2,174/mo is $212 (11%) above the US national median of $1,962/mo. Within Florida, it ranks #134 out of 291 tracked cities.
Income Affordability
37%
MODERATE

At $2,174/mo, rent takes ~37% of Vero Beach's median household income ($69,758/yr). The standard benchmark is 30%.

Vero Beach 37%Benchmark 30%
State income taxNone
Run the Vero Beach affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Vero Beach, FL

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