Indian River County, Florida rent (HUD Fair Market Rents, FY2027)
HUD's Fair Market Rent for a 2-bedroom in Indian River County is $1,542 a month for FY2027 (HUD, effective Oct 1, 2026; verified Oct 22, 2026). Inside the county, HUD's Small Area FMRs for a 2-bedroom range from $1,250 (ZIP 32948) to $2,310 (ZIP 32963).
Last updated Oct 22, 2026 · Last verified Oct 22, 2026
Data: HUD FY2027 (effective Oct 1, 2026)
How much is rent for a 2-bedroom in Indian River County?
HUD's FY2027 Fair Market Rent for a 2-bedroom in Indian River County, Florida is $1,542 a month, including utilities. Studios are $1,171 and 3-bedrooms are $1,882.
| Unit size | FY2027 rent | FY2026 rent | Change |
|---|---|---|---|
| Studio (0-bedroom) | $1,171 | $1,214 | −$43 (-3.5%) |
| 1-bedroom | $1,179 | $1,222 | −$43 (-3.5%) |
| 2-bedroom | $1,542 | $1,604 | −$62 (-3.9%) |
| 3-bedroom | $1,882 | $1,956 | −$74 (-3.8%) |
| 4-bedroom | $2,577 | $2,691 | −$114 (-4.2%) |
Indian River County is part of the Sebastian-Vero Beach-West Vero Corridor, FL MSA.
Is rent in Indian River County higher than the Florida average?
Indian River County's 2-bedroom FMR is $68 above the median Florida county ($1,474), ranking 32 of 67.
- $953–$1,040
- $1,041–$1,323
- $1,324–$1,650
- $1,651–$1,916
- $1,917–$2,564
What is rent by ZIP code in Indian River County?
HUD publishes Small Area FMRs for 9 ZIP codes in Indian River County. Inside the county, HUD's Small Area FMRs for a 2-bedroom range from $1,250 (ZIP 32948) to $2,310 (ZIP 32963).
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| 32948 | $950 | $960 | $1,250 | $1,530 | $2,090 |
| 32958 | $1,250 | $1,260 | $1,650 | $2,010 | $2,760 |
| 32960 | $1,100 | $1,100 | $1,450 | $1,770 | $2,430 |
| 32962 | $1,120 | $1,120 | $1,470 | $1,790 | $2,460 |
| 32963 | $1,750 | $1,770 | $2,310 | $2,820 | $3,860 |
| 32966 | $1,280 | $1,280 | $1,680 | $2,050 | $2,810 |
| 32967 | $1,220 | $1,230 | $1,610 | $1,970 | $2,690 |
| 32968 | $1,580 | $1,590 | $2,080 | $2,540 | $3,500 |
| 32970 | $1,240 | $1,250 | $1,630 | $1,990 | $2,730 |
Which cities in Indian River County have rent pages?
How does Indian River County compare with the median Florida county?
The table compares every unit size with the median of Florida's 67 county FMRs.
| Unit size | Indian River County | Median Florida county | Difference |
|---|---|---|---|
| Studio (0-bedroom) | $1,171 | $1,186 | −$15 |
| 1-bedroom | $1,179 | $1,264 | −$85 |
| 2-bedroom | $1,542 | $1,474 | +$68 |
| 3-bedroom | $1,882 | $1,837 | +$45 |
| 4-bedroom | $2,577 | $2,028 | +$549 |
Compare Indian River County with another place →
What is a Fair Market Rent?
A Fair Market Rent (FMR) is HUD's estimate of the 40th percentile gross rent (rent plus utilities) for standard-quality units rented by recent movers in a metro area or nonmetro county. HUD uses it to set Housing Choice Voucher limits. It is not an average asking rent.
More about Indian River County →
Sources
- HUD FY2027 Fair Market Rents, county-level data file (effective Oct 1, 2026) (verified Oct 22, 2026)
- Federal Register notice of FY2027 FMRs (91 FR 56156): effective October 1, 2026 (verified Oct 22, 2026)
- HUD: FY2027 FMR reevaluation requests (no Florida areas listed) (verified Oct 22, 2026)
- HUD FY2027 Fair Market Rent schedule (PDF) (verified Oct 22, 2026)
- HUD USER: Fair Market Rents (definitions and documentation) (verified Oct 22, 2026)
- HUD FY2026 Fair Market Rents, county-level data file (revised; prior-year column) (verified Oct 22, 2026)
- HUD FY2027 Small Area Fair Market Rents data file (effective Oct 1, 2026) (verified Oct 22, 2026)
Last updated: Oct 22, 2026 · Next review: Jan 15, 2027 · Download CSV (county FMRs) · Download CSV (ZIP and city SAFMRs) · Methodology