Indian River County renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.
Rental Price Key
On average, the cost of rent in Indian River County is about $1,290 per month. This puts it in the 57th percentile compared to the state average cost of rent, which is $1,532. Households in Indian River County have a median income of $5,057 per month so the average renter in Indian River County is spending roughly 26% of their earnings on housing.
Nationally, and in Indian River County, home values are the data point most closely correlated with the cost of rent. The median price of a home in Indian River County is $350,988 right now, which is higher than counties nearby, meaning that rents in Indian River County also tend to be higher versus these nearby counties.
Higher rent prices are common in the eastern parts of Indian River County while lower rent rates are often available in southwestern areas.
Nearby Counties
- St. Lucie County, FL: more expensive rent prices
- Okeechobee County, FL: less expensive rent prices
- Brevard County, FL: more expensive rent prices
- Martin County, FL: more expensive rent prices
- Highlands County, FL: less expensive rent prices
- Osceola County, FL: more expensive rent prices
- Glades County, FL: less expensive rent prices
- Palm Beach County, FL: more expensive rent prices
- Orange County, FL: more expensive rent prices
- Polk County, FL: less expensive rent prices
Counties with Similar Populations
- Santa Fe County, NM: more expensive rent prices
- Mesa County, CO: less expensive rent prices
- Sussex County, NJ: more expensive rent prices
- Cumberland County, NJ: more expensive rent prices
- Johnson County, IN: less expensive rent prices
- Madera County, CA: less expensive rent prices
- Guadalupe County, TX: more expensive rent prices
- Stearns County, MN: less expensive rent prices
- Rankin County, MS: less expensive rent prices
- Centre County, PA: less expensive rent prices
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