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ZIP Code · FL

ZIP 32962

Pop. 25,522·Indian River County·492nd most expensive ZIP in Florida
Median rent (all units)
$1,820/mo
Year-over-Year
-4.6%
Month-over-Month
-0.4%
vs US Median
-$145
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 32962 · $1,820
More expensive than 50% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,150
1 BR
$1,160
2 BR
$1,520
3 BR
$1,850
4 BR+
$2,550
Research median
$1,520/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
$21,840/yr
At $1,820/mo median
Location
StateFL
CountyIndian River County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 4.6% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-4.6% YoY, -0.4% MoM), not inventory.
Demographics

Who lives here

ZIP 32962 (Vero Beach, FL) is majority owner-occupied, has a large retiree population, 27.5% of residents hold a bachelor's degree or higher.

Population
25,522
Median income
$66,664
Median age
47.7
Renters
20.3%
Age distribution
18.4%
16.9%
21.8%
13.1%
29.9%
Under 1818.4%
18–3416.9%
35–5421.8%
55–6413.1%
65+29.9%
Gender
50.5%
49.5%
Male50.5%
Female49.5%
Race & ethnicity
71.6%
12.3%
White71.6%
Black12.3%
Hispanic11.8%
Asian1.8%
Other2.5%
Education (25+)
30%
33.8%
27.5%
No HS diploma8.7%
HS diploma30%
Some college33.8%
Bachelor's+27.5%
Housing tenure
79.7%
20.3%
Owner79.7%
Renter20.3%

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

2021 vs 2026

How ZIP 32962 in Vero Beach, FL has changed in 5 years

Income
$55,884 → $66,664
up 19.3%
Population
25,958 → 25,522
down 1.7%
Renter share
15.9% → 20.3%
+4.4 pts
Bachelor's+
21.1% → 27.5%
+6.4 pts

Household income in the area moved from $55,884 to $66,664 across the same window, up 19.3% versus 2021. Census counts show ZIP 32962 in Vero Beach, FL losing about 436 residents over the five-year window, down 1.7% on net. The renter share has risen from 15.9% to 20.3%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 21.1% to 27.5% across the same window.

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Local insights

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About renting in ZIP 32962

Last updated: July 20, 2026

ZIP code 32962 covers Vero Beach, FL. The median rent here is $1,820/mo as of July 2026. A 1-bedroom rents for a median of $1,160/mo. A 2-bedroom rents for a median of $1,520/mo.

At 33% of local median household income ($66,664/yr), ZIP 32962 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 4.6% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 32962?

As of July 20, 2026, the median monthly rent in ZIP 32962 (Vero Beach, FL) is $1,820. This is based on aggregated data from public sources and community submissions.

How does ZIP 32962 rent compare to the US average?

ZIP 32962's median rent of $1,820/mo is $145 (7%) below the US national median of $1,965/mo.

How does ZIP 32962 compare to other ZIPs in Florida?

ZIP 32962 is among the more affordable ZIP codes in Florida, ranking #492 out of 662 ZIPs at $1,820/mo.

How much income do you need to rent in ZIP 32962?

To keep rent at or below 30% of gross income, you would need to earn at least $73,000/year (~$35/hour full-time) to afford the median rent of $1,820/mo in ZIP 32962. The local median household income is $66,664/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 32962?

Rent in ZIP 32962 has decreased 4.6% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 32962 an affordable place to rent?

ZIP 32962 is considered moderate for renters. At $1,820/mo, rent takes approximately 33% of the local median household income ($66,664/yr). The standard benchmark is 30%. ZIP 32962 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 32962 residents rent vs. own?

According to Census data, approximately 20.3% of ZIP 32962 households are renters, while 79.7% are owner-occupied. ZIP 32962 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 32962 compare to the rest of Vero Beach?

ZIP 32962 is more affordable than Vero Beach overall. At $1,820/mo, it's $394 below the Vero Beach citywide median of $2,214/mo.

When was rent data for ZIP 32962 last updated?

Rent data for ZIP 32962 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
33%
MODERATE

At $1,820/mo, rent takes ~33% of ZIP 32962's median household income ($66,664/yr). The standard benchmark is 30%.

ZIP 32962 33%Benchmark 30%
State income taxNone
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