Markets › Melbourne
Yearly benchmarkMoves monthlyMoves weeklyNews daily
Melbourne FL
Covers Palm Bay, Melbourne and Titusville.
Current market read
Landlord’s market
ConditionFirm
The yearly data still reads a landlord's market, but the faster monthly signals are easing.
From public data. The situation now, not a forecast.
Momentum · which way it's movingRENT + JOBS · UPDATED MONTHLY
Cooling
Easing lately, asking rents are slipping, as of Aug 2026.
VacancyCENSUS · 2024
Share of rentals sitting empty. Yearly Census backdrop, not what sets the condition.
Asking rentZILLOW · MONTHLY
-0.2%
▼ Year over year
SEP ’24AUG ’26
Census 2024: +2% · US avg +5.2%
Median rentCENSUS · 2024
$1,681/mo
Typical rent, 2024 yearly count
In the news · MelbourneNEWS · DAILY
Latest local coverage, 2 days ago.● softer● neutral● firmer
JBM Lists 350-Unit Linz of Viera Apartments in Melbourne, FloridaJBM Exclusively Lists Linz of Viera Apartments in Melbourne, FLFlorida Tech unveils $96M student housing project as enrollment surges 27%Demand vs supplyCENSUS + BLS
Moderate demand
DEMAND
Jobs+0.5%
Migration 2025+14.16/1k
SUPPLY
Permits 2025+75.2%
Vacancy 202410.6%
Rent vs buyFREDDIE MAC · WEEKLY
+$1,065/mo
Cheaper to rent than buying
rent $1,681 · own $2,746
$1,681RENT
$2,746OWN
Net migrationCENSUS · 2025
+14.16/1k
▲ Net inflow of residents
OUTFLOWINFLOW
Census · BLS · FRED · Zillow · news
For information only. Not investment advice. AI-written summaries can make mistakes.