States › Florida › West Melbourne

Is West Melbourne, FL expensive to live in?

OKRent takes 26 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,14822% higher than U.S. average
💵 Families earn per year (2026)$100,285about $8,357/month · 15% higher than U.S. average
🔑 House price$377,10013% higher than U.S. average

Rent is higher than in 75% of U.S. cities. A typical house costs about 3.8 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $85,920 a year. That is $41 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 303 of 479 cities from cheapest to most expensive.

West Melbourne
$2,148
Citrus Park
$1,531
Crestview
$1,938
Silver Springs Shores
$1,329
Ives Estates
$2,560
Rockledge
$2,633
East Lake-Orient Park
$1,801

How much do households earn in West Melbourne?

Under $25k
7.9%
$25k–50k
20.5%
$50k–100k
34.8%
$100k–150k
19.8%
$150k+
14.0%

Share of households by yearly income. 33.8% of households earn $100,000 or more.

Rent by apartment size in West Melbourne

SizeWest MelbourneU.S. average
Studio$1,102$1,338
1 bedroom$1,661$1,324
2 bedrooms$2,084$1,509
3 bedrooms$2,003$1,698
4 bedrooms$1,872$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is West Melbourne 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 West Melbourne, so the Florida figure is shown.

Taxes and bills in West Melbourne

🏛️ Property tax$2,488a year · 0.66% of home value · U.S. $3,119
⚡ Electric bill$166a month (typical) · U.S. $156

Life in West Melbourne

Commute to work22.9 minU.S.: 26.4 min
College degree42%U.S.: 35.7%
Own their home72.9%U.S.: 65.2%
Below poverty line7.3%U.S.: 12.5%
Unemployment4.5%U.S.: 5.2%

Is it cheaper to rent or buy in West Melbourne?

Renting is cheaper right now: about $469 a month less.

Renting
$2,148
Owning
$2,617

Owning assumes a typical $377,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $37,710 for the down payment.

Frequently asked questions

What is the average rent in West Melbourne, FL?

Renting in West Melbourne costs a median of about $2,148 a month in 2026, including utilities. The Florida median is $1,963.

How much do I need to make to live in West Melbourne?

To keep rent under 30% of income, you need about $85,920 a year, or $41 an hour at a full-time job.

Is West Melbourne cheap or expensive?

West Melbourne is rated OK: rent takes 25.7% of the typical household income of $100,285. It ranks 303rd cheapest of 479 Florida cities we track.

How much are property taxes in West Melbourne?

The median homeowner in West Melbourne pays $2,488 a year in property taxes, about 0.66% of the median home value.

Is West Melbourne 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 West Melbourne?

The median home value in West Melbourne is $377,100, about 3.8 times the typical yearly household income.

28,795 people live in West Melbourne. Numbers are typical (middle) values.