Auctions in Melbourne, FL

Current Market Conditions in Melbourne, FL

The Melbourne real estate market has shown resilience, with mild fluctuations typically influenced by seasonal migrations and local employment opportunities. The coastal position of the city makes it continually appealing for homebuyers, especially those looking for vacation homes or permanent residences close to the beach.

Rent Prices In Melbourne, FL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Melbourne, FL, is on a rollercoaster ride. The average rent price in Melbourne, FL, is $1,487.00. Indeed, when looking to rent in Melbourne, FL, you can expect to pay as little as $570.00 or as much as $5,340.00, with the average rent median estimated to be $1,390.00. The good news is that finding an affordable and desirable property to rent in Melbourne, FL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.