What percentage of people rent in Melbourne, FL?

40.3% (±1.8 points) of the occupied homes in Melbourne, FL are rented (2020–2024 American Community Survey).

That is 14,916 renting households against 22,125 that own their home.

In Melbourne, the share of households that rent went from 41.9% in 2015–2019 to 40.3% in 2020–2024 (−1.6 percentage points), not a measurable change.

Figures last updated on .

Households that rent
40.3% (±1.8 points)
Renting households
14,916 (±753)
Median renter income
$48,050 (±$4,113)

Who rents and who owns in Melbourne

Tenure, estimate (90% margin of error)
MelbourneBrevard CountyFloridaUnited States
Renter-occupied share40.3% (±1.8 points)23.3% (±0.6 points)32.4% (±0.2 points)34.8%
Renting households14,916 (±753)60,086 (±1,632)2,834,163 (±17,461)45,017,354
Owning households22,125 (±1,031)197,609 (±2,066)5,918,647 (±31,594)84,210,142
Average renter household size2.2 (±0.1)2.4 (±0.1)2.5 (±0.0)2.3
Average owner household size2.3 (±0.1)2.5 (±0.0)2.5 (±0.0)2.6
Median renter household income$48,050 (±$4,113)$52,625 (±$1,865)$53,617 (±$353)$52,966
Median owner household income$80,462 (±$4,385)$87,671 (±$1,614)$88,144 (±$469)$100,009

In Melbourne, the renter share is higher than in Brevard County (23.3%).

It is also higher than in Florida (32.4%).

It is higher than the national figure (34.8%).

In Brevard County, Melbourne ranks 5 of 29 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 204 of 857.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Melbourne has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent41.9% (±1.8 points)40.3% (±1.8 points)−1.6 percentage pointsNot a measurable change
Median gross rent$1,030 (±$26)$1,525 (±$51)+48.1%Up after inflation
Median household income$48,673 (±$2,003)$66,991 (±$2,486)+37.6%Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Melbourne

Nearest places with a published estimate, compared with Melbourne
PlaceDistanceHouseholds that rentCompared with this place
Melbourne—40.3% (±1.8 points)—
Melbourne Village1.6 mi11.0% (±7.2 points)Lower
June Park3.1 mi21.6% (±8.1 points)Lower
West Melbourne4.2 mi27.1% (±3.5 points)Lower
Indian Harbour Beach5.0 mi19.9% (±5.2 points)Lower
Palm Shores5.6 mi12.2% (±6.1 points)Lower
Indialantic6.0 mi25.6% (±12.2 points)Lower
Satellite Beach6.1 mi18.1% (±4.4 points)Lower
Melbourne Beach7.0 mi17.6% (±9.0 points)Lower

Nearby places with a measurably lower figure: Melbourne Village, FL (11.0%), June Park, FL (21.6%), West Melbourne, FL (27.1%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Brevard County, place by place

RankPlaceHouseholds that rent
1Patrick AFB100.0% (±9.8 points)
2Tropical Park76.2% (±7.8 points)
3Cocoa West46.3% (±10.0 points)
4Cape Canaveral41.4% (±6.4 points)
5Melbourne40.3% (±1.8 points)
6Cocoa36.5% (±4.7 points)
7Titusville27.9% (±2.9 points)
8West Melbourne27.1% (±3.5 points)
9Sharpes25.7% (±10.1 points)
10Indialantic25.6% (±12.2 points)
11Viera East23.8% (±8.1 points)

Showing 11 of 29 places in Brevard County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Melbourne

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near Melbourne, save the ones you like and apply online.

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Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Melbourne beside you.

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Do repairs, renovations or maintenance?

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Questions about Melbourne

How many renters are there in Melbourne?

Melbourne has an estimated 14,916 (±753) renting households, 40.3% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Melbourne?

In Melbourne, the share of households that rent went from 41.9% in 2015–2019 to 40.3% in 2020–2024 (−1.6 percentage points), not a measurable change.

How big are renting households in Melbourne?

A renting household in Melbourne has 2.2 people on average, against 2.3 in an owned home.

How much do renters earn in Melbourne?

The median renting household in Melbourne, FL has an income of $48,050 (±$4,113) a year, against $80,462 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Melbourne city, Florida (place:43975, in state:12).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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