The median home in Melbourne, Florida is valued at $350,800, down 4.5% year over year. Typical monthly rent is $1,879, producing a price-to-rent ratio of 15.6x — near the national average of 18x. Melbourne is part of the Palm Bay-Melbourne-Titusville, FL metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$350,800

-4.5%

Rent$1,879/mo

Prices falling — better for buyers.

Affordability

Enter your income for Melbourne.

Income (annual)

Down Payment

$70,160 on $350,800

Example: $75,000 household income. Change it above to see your own.

Out of reach38% of income

Need $101,786/yr to afford.

PITI$2,375

P/I38%

Afford$258K

Gap-$92K

P&I $1,774Tax $251Ins $350

Renting $496/mo cheaper ($1,879 rent)6.50% 30yr, 20% down, county tax + FL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Florida

Compare Melbourne with other housing markets across Florida.

Jupiter Island$9.49M Golden Beach$7.5M Fisher Island$6.39M Lake Buena Vista$6.09M Jupiter Inlet Colony$3.62M Manalapan$3.57M Golf$2.87M Boca Grande$2.63M

Full Palm Bay-Melbourne-Titusville, FL analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Palm Bay-Melbourne-Titusville, FL metro.

View Palm Bay-Melbourne-Titusville, FL metro

Weekly briefing

Every Monday — score changes, top movers, and what shifted. Free.

Melbourne, FL