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ZIP Code · FL

ZIP 32963

Pop. 15,008·Indian River County·9th most expensive ZIP in Florida
Median rent (all units)
$5,348/mo
Year-over-Year
-13.9%
Month-over-Month
+4.5%
vs US Median
+$3,383
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 32963 · $5,348
More expensive than 99% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,820
1 BR
$1,840
2 BR
$2,410
3 BR
$2,940
4 BR+
$4,040
Research median
$2,410/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
$64,176/yr
At $5,348/mo median
Location
StateFL
CountyIndian River County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 13.9% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-13.9% YoY, +4.5% MoM), not inventory.
Demographics

Who lives here

ZIP 32963 (Indian River Shores, FL) is majority owner-occupied, has a large retiree population, has a median income above the national average, 69% of residents hold a bachelor's degree or higher.

Population
15,008
Median income
$149,923
Median age
69.1
Renters
4.9%
Age distribution
19.2%
60.2%
Under 185.6%
18–343.8%
35–5411.2%
55–6419.2%
65+60.2%
Gender
45.8%
54.2%
Male45.8%
Female54.2%
Race & ethnicity
93%
White93%
Black0.7%
Hispanic2.8%
Asian1.5%
Other1.9%
Education (25+)
12.1%
17.7%
69%
No HS diploma1.2%
HS diploma12.1%
Some college17.7%
Bachelor's+69%
Housing tenure
95.1%
Owner95.1%
Renter4.9%

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

2021 vs 2026

How ZIP 32963 in Indian River Shores, FL has changed in 5 years

Income
$126,650 → $149,923
up 18.4%
Population
15,182 → 15,008
down 1.1%
Renter share
5.8% → 4.9%
-0.9 pts
Bachelor's+
68.8% → 69%
+0.2 pts

On the earnings side, the typical household in ZIP 32963 in Indian River Shores, FL now reports about $149,923, up from $126,650 in 2021. Census counts show ZIP 32963 in Indian River Shores, FL losing about 174 residents over the five-year window, down 1.1% on net.

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Local insights

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About renting in ZIP 32963

Last updated: July 20, 2026

ZIP code 32963 covers Indian River Shores, FL. The median rent here is $5,348/mo as of July 2026. A 1-bedroom rents for a median of $1,840/mo. A 2-bedroom rents for a median of $2,410/mo.

At 43% of local median household income ($149,923/yr), ZIP 32963 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 13.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 32963?

As of July 20, 2026, the median monthly rent in ZIP 32963 (Indian River Shores, FL) is $5,348. This is based on aggregated data from public sources and community submissions.

How does ZIP 32963 rent compare to the US average?

ZIP 32963's median rent of $5,348/mo is $3,383 (172%) above the US national median of $1,965/mo.

How does ZIP 32963 compare to other ZIPs in Florida?

ZIP 32963 is one of the pricier ZIP codes in Florida, ranking #9 out of 662 ZIPs tracked at $5,348/mo.

How much income do you need to rent in ZIP 32963?

To keep rent at or below 30% of gross income, you would need to earn at least $214,000/year (~$103/hour full-time) to afford the median rent of $5,348/mo in ZIP 32963. The local median household income is $149,923/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 32963?

Rent in ZIP 32963 has decreased 13.9% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 32963 an affordable place to rent?

ZIP 32963 is considered stretched for renters. At $5,348/mo, rent takes approximately 43% of the local median household income ($149,923/yr). The standard benchmark is 30%. ZIP 32963 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 32963 residents rent vs. own?

According to Census data, approximately 4.9% of ZIP 32963 households are renters, while 95.1% are owner-occupied. ZIP 32963 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 32963 compare to the rest of Indian River Shores?

ZIP 32963 is pricier than Indian River Shores as a whole. At $5,348/mo, it's $2,015 above the Indian River Shores citywide median of $3,333/mo.

When was rent data for ZIP 32963 last updated?

Rent data for ZIP 32963 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
43%
STRETCHED

At $5,348/mo, rent takes ~43% of ZIP 32963's median household income ($149,923/yr). The standard benchmark is 30%.

ZIP 32963 43%Benchmark 30%
State income taxNone
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Public schools near ZIP 32963 (Indian River Shores, FL)

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