Palm Bay-Melbourne-Titusville Fair Market Rent 2026
HUD Fair Market Rent data for the Palm Bay-Melbourne-Titusville metropolitan area. Median household income: $62,156/year. Vacancy rate: 5.3%.
2BR FMR
$1,057/mo
Median Income
$62,156
Vacancy Rate
5.3%
Rent Burden
20.4%
Fair Market Rent by Bedroom Size
Affordability Analysis
Based on the 30% rule, a household earning the median income of $62,156/year can afford up to $1,554/mo in rent.
The 2BR FMR of $1,057/mo represents 20.4% of median income, which is within the 30% affordability threshold.
Rental Market Conditions
The vacancy rate of 5.3% in Palm Bay-Melbourne-Titusville indicates a moderate rental market. A balanced market with reasonable availability for renters.
Frequently Asked Questions
What is the average rent in Palm Bay-Melbourne-Titusville?
The 2026 HUD FMR for a 2-bedroom in the Palm Bay-Melbourne-Titusville metro area is $1,057/month. 1BR: $871, 3BR: $1,335.
What is the vacancy rate in Palm Bay-Melbourne-Titusville?
The rental vacancy rate in Palm Bay-Melbourne-Titusville is 5.3%. A rate below 5% typically indicates a tight rental market.
Is Palm Bay-Melbourne-Titusville affordable for renters?
With a median income of $62,156 and 2BR rent at $1,057/mo, rent takes about 20% of income in Palm Bay-Melbourne-Titusville.
Compare with Other Metro Areas
San Jose-Sunnyvale-Santa Clara
2BR: $2,412/mo
New York-Newark-Jersey City
2BR: $2,293/mo
San Francisco-Oakland-Berkeley
2BR: $2,200/mo
Honolulu
2BR: $1,937/mo
Los Angeles-Long Beach-Anaheim
2BR: $1,888/mo
San Diego-Chula Vista-Carlsbad
2BR: $1,856/mo
Oxnard-Thousand Oaks-Ventura
2BR: $1,761/mo
Santa Cruz-Watsonville
2BR: $1,760/mo
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