States › Florida › Vero Lake Estates

Is Vero Lake Estates, FL expensive to live in?

OKRent takes 29 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,20326% higher than U.S. average
💵 Families earn per year (2026)$89,730about $7,478/month · 3% higher than U.S. average
🔑 House price$328,2001% lower than U.S. average

Rent is higher than in 76% of U.S. cities. A typical house costs about 3.7 years of household income. Most homes (87.9%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $88,120 a year. That is $42 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 322 of 479 cities from cheapest to most expensive.

Vero Lake Estates
$2,203
Treasure Island
$1,811
High Springs
$1,976
DeFuniak Springs
$1,238
Lochmoor Waterway Estates
$2,119
Gulf Breeze
$2,002
Freeport
$1,984

How much do households earn in Vero Lake Estates?

Under $25k
6.9%
$25k–50k
23.7%
$50k–100k
38.6%
$100k–150k
15.2%
$150k+
12.3%

Share of households by yearly income. 27.5% of households earn $100,000 or more.

How expensive is Vero Lake 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 Vero Lake Estates, so the Florida figure is shown.

Taxes and bills in Vero Lake Estates

🏛️ Property tax$1,653a year · 0.50% of home value · U.S. $3,119
⚡ Electric bill$169a month (typical) · U.S. $156

Life in Vero Lake Estates

Commute to work24.6 minU.S.: 26.4 min
College degree22.6%U.S.: 35.7%
Own their home87.9%U.S.: 65.2%
Below poverty line5.3%U.S.: 12.5%
Unemployment0%U.S.: 5.2%

Is it cheaper to rent or buy in Vero Lake Estates?

Renting is cheaper right now: about $74 a month less.

Renting
$2,203
Owning
$2,277

Owning assumes a typical $328,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $32,820 for the down payment.

Frequently asked questions

What is the average rent in Vero Lake Estates, FL?

Renting in Vero Lake Estates costs a median of about $2,203 a month in 2026, including utilities. The Florida median is $1,963.

How much do I need to make to live in Vero Lake Estates?

To keep rent under 30% of income, you need about $88,120 a year, or $42 an hour at a full-time job.

Is Vero Lake Estates cheap or expensive?

Vero Lake Estates is rated OK: rent takes 29.5% of the typical household income of $89,730. It ranks 322nd cheapest of 479 Florida cities we track.

How much are property taxes in Vero Lake Estates?

The median homeowner in Vero Lake Estates pays $1,653 a year in property taxes, about 0.50% of the median home value.

Is Vero Lake 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 Vero Lake Estates?

The median home value in Vero Lake Estates is $328,200, about 3.7 times the typical yearly household income.

6,559 people live in Vero Lake Estates. Numbers are typical (middle) values.