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Melbourne Beach, FL Home Values and Rents

The typical home value in Melbourne Beach is $616,177, 53rd highest of 768 cities and towns in Florida. Median rent is $1,307 a month.

Typical home value
$616,177
53rd of 768 in FL
Median rent
$1,307/mo
ACS 2020-2024
Price change, 1 year
+0.7%
Sep 2026
Homeownership
82.4%
FL: 67.6%

Home sale prices in the Palm Bay-Melbourne-Titusville, FL area

Zillow median sale price, Sep 2026

$348,948+6.7% from a year earlier

Half of homes in the metro area sold for more and half for less. Zillow publishes sale prices for metro areas, not for single counties or cities.

Typical home value in Melbourne Beach

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodMelbourne Beach
Sep 2026$616,177
Dec 2025$612,601
Dec 2024$641,030
Dec 2023$642,091
Dec 2022$619,127
Dec 2021$522,650
Dec 2020$418,370
Dec 2019$382,393
Dec 2018$372,975
Dec 2017$353,424
Dec 2016$324,733
Dec 2015$306,494
Dec 2014$280,910
Dec 2013$260,978
Dec 2012$235,498

Over five years, Melbourne Beach prices changed +23.0%.

Source: Zillow Research · Last updated 09/01/2026

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Fair Market Rents, FY2027

HUD rent standard for Palm Bay-Melbourne-Titusville, FL MSA

FL rents
Unit sizeMonthly rentvs FY2026
Studio$1,327+4.8%
1 bedroom$1,525+3.2%
2 bedrooms$1,779+4.1%
3 bedrooms$2,382+2.2%
4 bedrooms$2,707+2.3%

Frequently asked questions

What is the typical home value in Melbourne Beach, FL?
The typical home value in Melbourne Beach is $616,177 (Zillow Home Value Index, Sep 2026). The Florida median is $359,000.
How much is rent in Melbourne Beach?
The median rent in Melbourne Beach is $1,307 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,779.
Are home prices going up in Melbourne Beach?
The typical home value in Melbourne Beach changed +0.7% over one year and +23.0% over five years, as of Sep 2026.
How does Melbourne Beach compare with the rest of Florida?
Melbourne Beach has the 53rd highest median home value of 768 cities and towns with 1,000+ residents in Florida.