RentYield Atlas

ZIP 32951 — Melbourne Beach, FL: rental yield & market data

Gross rental yield of 5.98% — ranked #491 of 687 Florida ZIP codes. June 2026 data.

Gross rental yield
5.98%
Home value
$622,427
Market rent / mo
$3,103
Price-to-rent
16.7

Trend

Metric1-year change5-year change
Home value-2.0% +30.0%
Market rent

Metro: Palm Bay-Melbourne-Titusville, FL · County: Brevard County · Annual rent: $37,236

Comparable ZIP codes in Florida

Similar home values, sorted by yield — the cheapest way to see if 32951 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
33414WellingtonFL$624,436$3,1035.96%16.8-0.6%
33175MiamiFL$626,951$3,1075.95%16.8+0.6%
33408North Palm BeachFL$616,696$2,9545.75%17.4-1.3%
33458JupiterFL$620,911$2,8665.54%18.1-1.1%
32034Fernandina BeachFL$617,904$2,5524.96%20.2-1.7%
33609TampaFL$620,017$2,4744.79%20.9-3.2%
33144MiamiFL$622,753$2,4184.66%21.5-1.1%
32541DestinFL$618,668$2,0684.01%24.9+0.2%

Top rental yields in all of Florida →

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