Melbourne, Florida rent by ZIP (HUD Small Area FMRs, FY2027)
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom in Melbourne is $1,955 a month, the median of its 4 ZIP codes (HUD, effective Oct 1, 2026; verified Oct 22, 2026). Its ZIP codes range from $1,770 (32901) to $2,170 (32934).
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 Melbourne?
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom in Melbourne, Florida is $1,955 a month, including utilities (median of 4 ZIP codes: 32901, 32903, 32934, 32935).
| Unit size | FY2027 rent | FY2026 rent | Change |
|---|---|---|---|
| Studio (0-bedroom) | $1,460 | $1,420 | +$40 (+2.8%) |
| 1-bedroom | $1,675 | $1,655 | +$20 (+1.2%) |
| 2-bedroom | $1,955 | $1,915 | +$40 (+2.1%) |
| 3-bedroom | $2,620 | $2,610 | +$10 (+0.4%) |
| 4-bedroom | $2,975 | $2,965 | +$10 (+0.3%) |
What is rent by ZIP code in Melbourne?
HUD sets a separate Small Area FMR for each ZIP code. Its ZIP codes range from $1,770 (32901) to $2,170 (32934).
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| 32901 | $1,320 | $1,520 | $1,770 | $2,370 | $2,690 |
| 32903 | $1,560 | $1,790 | $2,090 | $2,800 | $3,180 |
| 32934 | $1,620 | $1,860 | $2,170 | $2,900 | $3,300 |
| 32935 | $1,360 | $1,560 | $1,820 | $2,440 | $2,770 |
Is rent in Melbourne higher than in Brevard County overall?
Melbourne's 2-bedroom figure is $176 above Brevard County's FY2027 Fair Market Rent of $1,779.
How does Melbourne compare with Brevard County?
Melbourne's figures are HUD Small Area FMRs; the county column is HUD's countywide Fair Market Rent.
| Unit size | Melbourne | Brevard County | Difference |
|---|---|---|---|
| Studio (0-bedroom) | $1,460 | $1,327 | +$133 |
| 1-bedroom | $1,675 | $1,525 | +$150 |
| 2-bedroom | $1,955 | $1,779 | +$176 |
| 3-bedroom | $2,620 | $2,382 | +$238 |
| 4-bedroom | $2,975 | $2,707 | +$268 |
Compare Melbourne with another place →
What is a Small Area Fair Market Rent?
A Small Area Fair Market Rent (SAFMR) is the same estimate calculated for a single ZIP code, so it shows how rents differ inside a metro area.
Brevard County rent → · More about Brevard County →
Sources
- HUD FY2027 Small Area Fair Market Rents 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 Rents, county-level data file (effective Oct 1, 2026) (verified Oct 22, 2026)
- HUD USER: Fair Market Rents (definitions and documentation) (verified Oct 22, 2026)
- HUD FY2026 Small Area FMRs data file (revised; prior-year column) (verified Oct 22, 2026)
- Census 2020 ZCTA-to-place relationship file (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