Median home value: $351K (-4.5% YoY). Rent: $1,879/mo. Price-to-rent: 15.6x. Part of Palm Bay-Melbourne-Titusville, FL.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Palm Bay-Melbourne-Titusville, FL metro page.
Home Value$350,800
-4.5%
Rent$1,879/mo
AFFORDABILITYRenting $405/mo cheaper ($1,879 rent)6.00% 30yr, 20% down, county tax + FL ins. 28% per HUD.
Enter your income for Melbourne.
$70,160 on $350,800
Out of reach — 36.5% of income
Need $97,886/yr to afford.
PITI$2,284
P/I36.5%
Afford$269K
Gap-$82K
P&I $1,683Tax $251Ins $350
Home Buying Kit For Dummies (2025)Financing, negotiation, closing