States › Florida › Indian River Estates

Is Indian River Estates, FL expensive to live in?

ExpensiveRent takes 40 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,30531% higher than U.S. average
💵 Families earn per year (2026)$69,092about $5,758/month · 21% lower than U.S. average
🔑 House price$280,40016% lower than U.S. average

Rent is higher than in 80% of U.S. cities. Incomes are on the low side for rents this high, so budgets feel tight. A typical house costs about 4.1 years of household income. Most homes (90.7%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $92,200 a year. That is $44 an hour at a full-time job.

Is rent cheaper than other Florida cities?

No. Rent here is more expensive than in most of Florida. It is number 341 of 479 cities from cheapest to most expensive.

Indian River Estates
$2,305
Arcadia
$1,006
Southwest Ranches
$2,876
Macclenny
$1,456
Mims
$1,315
Inverness
$1,026
Loughman
$2,723

How much do households earn in Indian River Estates?

Under $25k
12.6%
$25k–50k
30.6%
$50k–100k
29.1%
$100k–150k
18.4%
$150k+
4.6%

Share of households by yearly income. 22.9% of households earn $100,000 or more.

How expensive is Indian River Estates overall?

Everyday prices in Florida overall are 3% above the U.S. average (index 103.4, U.S. = 100).

Housing
122
Goods (food, clothes…)
98
Utilities
90
Other services
101
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Indian River Estates, so the Florida figure is shown.

Taxes and bills in Indian River Estates

🏛️ Property tax$2,324a year · 0.83% of home value · U.S. $3,119
⚡ Electric bill$178a month (typical) · U.S. $156

Life in Indian River Estates

Commute to work23.9 minU.S.: 26.4 min
College degree20.7%U.S.: 35.7%
Own their home90.7%U.S.: 65.2%
Below poverty line20.7%U.S.: 12.5%
Unemployment5.9%U.S.: 5.2%

Is it cheaper to rent or buy in Indian River Estates?

Buying is cheaper month to month: about $359 a month less than renting.

Renting
$2,305
Owning
$1,946

Owning assumes a typical $280,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $28,040 for the down payment.

Frequently asked questions

What is the average rent in Indian River Estates, FL?

Renting in Indian River Estates costs a median of about $2,305 a month in 2026, including utilities. The Florida median is $1,963.

How much do I need to make to live in Indian River Estates?

To keep rent under 30% of income, you need about $92,200 a year, or $44 an hour at a full-time job.

Is Indian River Estates cheap or expensive?

Indian River Estates is rated Expensive: rent takes 40.0% of the typical household income of $69,092. It ranks 341st cheapest of 479 Florida cities we track.

How much are property taxes in Indian River Estates?

The median homeowner in Indian River Estates pays $2,324 a year in property taxes, about 0.83% of the median home value.

Is Indian River Estates more expensive than the national average?

Overall prices in Florida are 3% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Indian River Estates?

The median home value in Indian River Estates is $280,400, about 4.1 times the typical yearly household income.

7,685 people live in Indian River Estates. Numbers are typical (middle) values.