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ZIP Code · FL

ZIP 32951

Pop. 11,299·Brevard County·52nd most expensive ZIP in Florida
Median rent (all units)
$3,103/mo
Year-over-Year
Stable
Month-over-Month
-4.0%
vs US Median
+$1,138
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 32951 · $3,103
More expensive than 91% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,500
1 BR
$1,760
2 BR
$2,030
3 BR
$2,770
4 BR+
$3,140
Research median
$2,030/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
$37,236/yr
At $3,103/mo median
Location
StateFL
CountyBrevard County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -4.0% MoM), not inventory.
Demographics

Who lives here

ZIP 32951 (Melbourne Beach, FL) is majority owner-occupied, has a large retiree population, has a median income above the national average, 56.5% of residents hold a bachelor's degree or higher.

Population
11,299
Median income
$98,420
Median age
61.7
Renters
14.6%
Age distribution
16.7%
21.3%
43.4%
Under 1810.5%
18–348%
35–5416.7%
55–6421.3%
65+43.4%
Gender
48.6%
51.4%
Male48.6%
Female51.4%
Race & ethnicity
90.1%
White90.1%
Hispanic5.2%
Asian1.8%
Other2.6%
Education (25+)
15.4%
26.1%
56.5%
No HS diploma2%
HS diploma15.4%
Some college26.1%
Bachelor's+56.5%
Housing tenure
85.4%
14.6%
Owner85.4%
Renter14.6%

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

2021 vs 2026

How ZIP 32951 in Melbourne Beach, FL has changed in 5 years

Income
$75,094 → $98,420
up 31.1%
Population
11,814 → 11,299
down 4.4%
Renter share
16.3% → 14.6%
-1.7 pts
Bachelor's+
49.8% → 56.5%
+6.7 pts

Local incomes tracked alongside that move, going from a median of $75,094 in 2021 to $98,420 more recently. The population has contracted by 4.4% since 2021, moving from about 11,814 residents to roughly 11,299. Renters now make up 14.6% of households, compared with 16.3% five years ago. College-educated residents now make up 56.5% of adults here, versus 49.8% in 2021.

Community

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Local insights

Tips for renters in ZIP 32951

About renting in ZIP 32951

Last updated: July 20, 2026

ZIP code 32951 covers Melbourne Beach, FL. The median rent here is $3,103/mo as of July 2026. A 1-bedroom rents for a median of $1,760/mo. A 2-bedroom rents for a median of $2,030/mo.

At 38% of local median household income ($98,420/yr), ZIP 32951 ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 32951?

As of July 20, 2026, the median monthly rent in ZIP 32951 (Melbourne Beach, FL) is $3,103. This is based on aggregated data from public sources and community submissions.

How does ZIP 32951 rent compare to the US average?

ZIP 32951's median rent of $3,103/mo is $1,138 (58%) above the US national median of $1,965/mo.

How does ZIP 32951 compare to other ZIPs in Florida?

ZIP 32951 is one of the pricier ZIP codes in Florida, ranking #52 out of 662 ZIPs tracked at $3,103/mo.

How much income do you need to rent in ZIP 32951?

To keep rent at or below 30% of gross income, you would need to earn at least $124,000/year (~$60/hour full-time) to afford the median rent of $3,103/mo in ZIP 32951. The local median household income is $98,420/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 32951?

Rent in ZIP 32951 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 32951 an affordable place to rent?

ZIP 32951 is considered moderate for renters. At $3,103/mo, rent takes approximately 38% of the local median household income ($98,420/yr). The standard benchmark is 30%. ZIP 32951 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 32951 residents rent vs. own?

According to Census data, approximately 14.6% of ZIP 32951 households are renters, while 85.4% are owner-occupied. ZIP 32951 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 32951 compare to the rest of Melbourne Beach?

ZIP 32951 is pricier than Melbourne Beach as a whole. At $3,103/mo, it's $24 above the Melbourne Beach citywide median of $3,079/mo.

When was rent data for ZIP 32951 last updated?

Rent data for ZIP 32951 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
38%
MODERATE

At $3,103/mo, rent takes ~38% of ZIP 32951's median household income ($98,420/yr). The standard benchmark is 30%.

ZIP 32951 38%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 32951 (Melbourne Beach, FL)

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