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ZIP Code · FL

ZIP 32901

Pop. 28,923·Brevard County·520th most expensive ZIP in Florida
Median rent (all units)
$1,757/mo
Year-over-Year
+6.9%
Month-over-Month
-2.4%
vs US Median
-$208
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 32901 · $1,757
More affordable than 55% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,180
1 BR
$1,380
2 BR
$1,590
3 BR
$2,170
4 BR+
$2,460
Research median
$1,590/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
$21,084/yr
At $1,757/mo median
Location
StateFL
CountyBrevard County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (6.9% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+6.9% YoY, -2.4% MoM), not inventory.
Demographics

Who lives here

ZIP 32901 (Melbourne, FL) is roughly split between renters and owners, has a large retiree population, has a median income below the national average, 31.3% of residents hold a bachelor's degree or higher.

Population
28,923
Median income
$54,651
Median age
42.3
Renters
50.6%
Age distribution
15.4%
28.3%
18%
13.8%
24.5%
Under 1815.4%
18–3428.3%
35–5418%
55–6413.8%
65+24.5%
Gender
47.7%
52.3%
Male47.7%
Female52.3%
Race & ethnicity
62.3%
18.2%
12.5%
White62.3%
Black18.2%
Hispanic12.5%
Asian4%
Other3.1%
Education (25+)
26.8%
31.4%
31.3%
No HS diploma10.5%
HS diploma26.8%
Some college31.4%
Bachelor's+31.3%
Housing tenure
49.4%
50.6%
Owner49.4%
Renter50.6%

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

2021 vs 2026

How ZIP 32901 in Melbourne, FL has changed in 5 years

Rent
$1,247 → $1,757
up 40.9%
Income
$41,890 → $54,651
up 30.5%
Population
25,176 → 28,923
up 14.9%
Renter share
52% → 50.6%
-1.4 pts
Bachelor's+
28.9% → 31.3%
+2.4 pts
Median age
44.5 → 42.3
-2.2 yrs

Since 2021, the typical rent in ZIP 32901 in Melbourne, FL has climbed from $1,247 to $1,757, a 40.9% change over five years. Household income in the area moved from $41,890 to $54,651 across the same window, up 30.5% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 14.9% since 2021, moving from about 25,176 residents to roughly 28,923. College-educated residents now make up 31.3% of adults here, versus 28.9% in 2021. Reading these numbers side by side helps frame whether current listings in ZIP 32901 in Melbourne, FL look reasonable against where the market sat half a decade ago.

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Local insights

Tips for renters in ZIP 32901

About renting in ZIP 32901

Last updated: July 20, 2026

ZIP code 32901 covers Melbourne, FL. The median rent here is $1,757/mo as of July 2026. A 1-bedroom rents for a median of $1,380/mo. A 2-bedroom rents for a median of $1,590/mo.

At 39% of local median household income ($54,651/yr), ZIP 32901 ranks as moderate compared to the national benchmark of 30%. Rents have increased 6.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 32901?

As of July 20, 2026, the median monthly rent in ZIP 32901 (Melbourne, FL) is $1,757. This is based on aggregated data from public sources and community submissions.

How does ZIP 32901 rent compare to the US average?

ZIP 32901's median rent of $1,757/mo is $208 (11%) below the US national median of $1,965/mo.

How does ZIP 32901 compare to other ZIPs in Florida?

ZIP 32901 is among the more affordable ZIP codes in Florida, ranking #520 out of 662 ZIPs at $1,757/mo.

How much income do you need to rent in ZIP 32901?

To keep rent at or below 30% of gross income, you would need to earn at least $70,000/year (~$34/hour full-time) to afford the median rent of $1,757/mo in ZIP 32901. The local median household income is $54,651/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 32901?

Rent in ZIP 32901 has increased 6.9% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 32901 an affordable place to rent?

ZIP 32901 is considered moderate for renters. At $1,757/mo, rent takes approximately 39% of the local median household income ($54,651/yr). The standard benchmark is 30%. ZIP 32901 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 32901 residents rent vs. own?

According to Census data, approximately 50.6% of ZIP 32901 households are renters, while 49.4% are owner-occupied. With a majority renter population, ZIP 32901 has a strong rental market.

How does ZIP 32901 compare to the rest of Melbourne?

ZIP 32901 is more affordable than Melbourne overall. At $1,757/mo, it's $105 below the Melbourne citywide median of $1,862/mo.

When was rent data for ZIP 32901 last updated?

Rent data for ZIP 32901 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
39%
MODERATE

At $1,757/mo, rent takes ~39% of ZIP 32901's median household income ($54,651/yr). The standard benchmark is 30%.

ZIP 32901 39%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 32901 (Melbourne, FL)

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