Rent estimate · FL
How much can I rent my house for in Indian River County, Florida?
The typical rent in Indian River County, Florida is $1,357 per month, within a range of $1,299 to $1,415 when accounting for the Census Bureau's margin of error. Rents here rose about 5.7% year over year.
Rent by bedroom count
Median gross rent in Indian River County, Floridaby unit size, from the Census Bureau’s American Community Survey (2024 5-year). Gross rent includes tenant-paid utilities, so units with utilities included in the rent price a few percent higher than the table.
| Bedroom | Median rent |
|---|---|
| Studio | $632 |
| 1 BR | $1,083 |
| 2 BR | $1,324 |
| 3 BR | $1,529 |
| 4 BR | $2,195 |
| 5+ BR | n/a |
How to price your unit
The median is the middle of the market, not the ceiling. Newer units with in-unit laundry, garage parking, or updated kitchens rent above it; walk-ups and units with street parking rent below. The Census Bureau’s margin of error on this estimate is $58 per monthso treat the number as the center of a range, not a point. Price near the median if you want the unit filled inside two weeks; price 5–10% above it if you can wait and want to screen harder.
For the bigger picture, compare with average rent in Indian River County, Florida and with the fair market rent HUD publishes for voucher programs in the same county.
At a glance
- Median gross rent
- $1,357
- YoY change
- +5.7%
- Renter share
- 20%
- Median household income
- $73,491
Frequently asked questions
Is this number what I should charge for rent?
It is the median of what households here actually pay, per the Census Bureau's American Community Survey. Units in better condition or with in-demand amenities price above it; older stock prices below. Treat it as the center of a range: if you price the same number for a 1975 walk-up and a 2023 renovation, one of the two listings is wrong.
How current is the estimate?
The data comes from the Census Bureau's 5-year ACS estimates, which refresh annually. The figure reflects the average across the survey window, not the current month's listings; in fast-moving markets, current asking rents can sit 5–10% above or below the survey median before the next refresh catches up.
What is gross rent, and why does it matter for pricing?
Gross rent is the contract rent plus the estimated cost of utilities the tenant pays separately. If you advertise a unit with utilities included, your asking rent compares to gross rents here minus typical local utility costs. Comparing a utilities-included listing to a utilities-excluded statistic understates your asking price by $100–$200 in most markets.
How accurate is the Census estimate for my specific neighborhood?
At the county level the survey pool is large and the margin of error is a few percent. At the place or ZIP level it widens, sometimes to 10% or more of the median, especially in rural counties. The number is a reliable compass for county-level pricing and a rough one for exact sub-neighborhood pricing.
Should I check the HUD Fair Market Rent too?
Yes if you accept vouchers or price near the bottom half of the market. HUD's Fair Market Rent is set at roughly the 40th percentile of local rents and caps most voucher payments; if your asking price is below the county FMR, Section 8 applicants can fully cover it with the voucher, which changes your applicant pool.
Stop replying to rent questions by hand
Tenanture answers every inquiry about your listing, quotes the price and terms you set, qualifies the applicant against your rules, and hands the serious ones to your team. If you publish the right rent, you still have to answer everyone asking about it.