ZIP Code · FL

ZIP 32937

Part of Satellite Beach, FL

Pop. 27,836·Brevard County·147th most expensive ZIP in Florida

Median rent (all units)

$2,508/mo

Year-over-Year

+2.2%

Month-over-Month

-0.4%

vs US Median

+$576

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 32937 · $2,508

More expensive than 80% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,530

1 BR

$1,790

2 BR

$2,070

3 BR

$2,820

4 BR+

$3,200

Research median

$2,070/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

September. Asking rents in ZIP 32937 usually run 0.4% below trend in September and 0.5% above it in October, about $23 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 32937 is 0.4% below its high of $2,517 in August 2026, at $2,508 as of September 2026.

Past year vs. the rest of Florida

Rent in ZIP 32937 changed +2.2% over the year to September 2026. Across the 623 Florida ZIP codes Zillow tracks, the typical change was +1.8%.

Recent direction

Rent rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($101,184) is $2,530 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,070); a 3-bedroom is $2,820.

Cheaper nearby

ZIP 32935, 4 miles away, rents for 37% less ($1,590/mo), about $11,000 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 32937. 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.

Annual cost

$30,096/yr

At $2,508/mo median

Location

CitySatellite Beach

StateFL

CountyBrevard County

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 (+2.2% YoY, -0.4% MoM), not inventory.

Demographics

Who lives here

ZIP 32937 (Satellite Beach, FL) is majority owner-occupied, has a large retiree population, has a median income above the national average, 53.5% of residents hold a bachelor's degree or higher.

Population

27,836

Median income

$101,184

Median age

46.4

Renters

17.5%

Age distribution

20.1%

17%

23.3%

15.9%

23.8%

Under 1820.1%

18–3417%

35–5423.3%

55–6415.9%

65+23.8%

Gender

49.1%

50.9%

Male49.1%

Female50.9%

Race & ethnicity

86.4%

White86.4%

Black1.4%

Hispanic7.3%

Asian1.8%

Other3.1%

Education (25+)

15.5%

29.1%

53.5%

No HS diploma1.9%

HS diploma15.5%

Some college29.1%

Bachelor's+53.5%

Housing tenure

82.5%

17.5%

Owner82.5%

Renter17.5%

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

2022 vs 2026

How ZIP 32937 in Satellite Beach, FL has changed in 5 years

Rent

$2,214 → $2,508

up 13.3%

Income

$77,359 → $101,184

up 30.8%

Population

27,557 → 27,836

up 1.0%

Renter share

21.1% → 17.5%

-3.6 pts

Bachelor's+

47.2% → 53.5%

+6.3 pts

Median age

47.5 → 46.4

-1.1 yrs

Since 2022, the typical rent in ZIP 32937 in Satellite Beach, FL has increased from $2,214 to $2,508, a 13.3% change over five years. Local incomes tracked alongside that move, going from a median of $77,359 in 2021 to $101,184 more recently. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has grown by 1.0% since 2021, moving from about 27,557 residents to roughly 27,836. Renters now make up 17.5% of households, compared with 21.1% five years ago. College-educated residents now make up 53.5% of adults here, versus 47.2% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 32937 in Satellite Beach, FL market of 2022.

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About renting in ZIP 32937

Last updated: October 17, 2026

ZIP code 32937 covers Satellite Beach, FL. The median rent here is $2,508/mo as of October 2026. A 1-bedroom rents for a median of $1,790/mo. A 2-bedroom rents for a median of $2,070/mo.

At 30% of local median household income ($101,184/yr), ZIP 32937 ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 32937?

To keep rent at or below 30% of gross income, you would need to earn at least $100,000/year (about $48/hour full-time) to afford the median rent of $2,508/mo in ZIP 32937. The local median household income is $101,184/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 32937?

Rent in ZIP 32937 has risen 2.2% over the past year as of September 2026. It sits 0.4% below its high of $2,517 in August 2026.

When is the cheapest time to rent in ZIP 32937?

Asking rents in ZIP 32937 are usually lowest in September, about 0.4% below their yearly trend, and highest in October, about 0.5% above it. At today's median that is a gap of roughly $23 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 32937 compare to other ZIPs in Florida?

ZIP 32937 is one of the pricier among Florida ZIP codes for rent, ranking #147 of 656 at $2,508/mo. Over the year to September 2026, rent in ZIP 32937 changed +2.2%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.