In South Patrick Shores, a typical home is worth $443,600 and typical rent is $2,054 a month. Compared with all of Brevard County, typical rent is 32% higher, the typical home value is 31% higher, and the share of households that own their home is 11 points higher.
South Patrick Shores is in Brevard County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Brevard County. See the county
What this place has that others do not, from public data, most unusual first.
1
Nearby, in Melbourne, the typical home value is $306,400: 31% less than in South Patrick Shores ($443,600).
2
Nearby, in Merritt Island, the typical rent is $1,441: 30% less than in South Patrick Shores ($2,054).
3
The typical rent in South Patrick Shores is $2,054 a month, 32% more than in Brevard County as a whole ($1,556).
4
The typical home in South Patrick Shores is worth $443,600,31% more than in Brevard County as a whole ($339,600).
5
88% of households in South Patrick Shores own their home, against 77% in Brevard County.
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in South Patrick Shores
What homes there are in South Patrick Shores, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
South Patrick Shores
Brevard County
Florida
United States
Kind of home: South Patrick Shores and its comparisons
Measure
South Patrick Shores
Brevard County
Florida
United States
Detached house
71%
66%
55%
61%
Attached house
Unreliable estimate
5%
7%
6%
Building of 2 to 4
Unreliable estimate
5%
6%
8%
Apartments (5 or more)
Unreliable estimate
17%
25%
19%
Mobile home
Unreliable estimate
7%
8%
6%
Boat, RV and other
Unreliable estimate
0%
0%
0%
In South Patrick Shores, 7 in 10 homes are single-family detached houses; in Brevard County, 7.
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
South Patrick Shores
Brevard County
Florida
United States
Year built: South Patrick Shores and its comparisons
Measure
South Patrick Shores
Brevard County
Florida
United States
Before 1960
28%
8%
10%
26%
1960–1979
49%
24%
24%
24%
1980–1999
22%
38%
34%
25%
2000–2009
Unreliable estimate
19%
18%
14%
2010 or later
Unreliable estimate
11%
14%
11%
The typical home in South Patrick Shores was built in 1968, 20 years before the typical one in Brevard County.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200KUnreliable
$200K–$300K11%
$300K–$500K47%
$500K–$750K18%
$750K–$1M13%
$1M or moreUnreliable
Value of owner-occupied homes: South Patrick Shores and its comparisons
Measure
South Patrick Shores
Under $100K
Unreliable estimate
$100K–$200K
Unreliable estimate
$200K–$300K
11%
$300K–$500K
47%
$500K–$750K
18%
$750K–$1M
13%
$1M or more
Unreliable estimate
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,499Unreliable
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: South Patrick Shores and its comparisons
Measure
South Patrick Shores
Under $500
Unreliable
$500–$999
Unreliable
$1,000–$1,499
Unreliable estimate
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable
With a mortgage
$2,325 a month
Brevard County: $1,805 a month
Without a mortgage
$681 a month
Brevard County: $608 a month
Owners with a mortgage
54%
Brevard County: 56%
Owning costs more in South Patrick Shores: with a mortgage, the typical cost is $2,325 a month; in Brevard County, $1,805. Without one, $681.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
South Patrick Shores+56%
Brevard County+73%
Florida+67%
United States+53%
Typical rent
South Patrick Shores+58%
Brevard County+46%
Florida+42%
United States+33%
Typical household income
South Patrick ShoresNo clear change
Brevard County+38%
Florida+34%
United States+29%
Change since 2015–2019: South Patrick Shores and its comparisons
Measure
South Patrick Shores
Brevard County
Florida
United States
Typical home value
+56%
+73%
+67%
+53%
Typical rent
+58%
+46%
+42%
+33%
Typical household income
No clear change
+38%
+34%
+29%
From 2015–2019 to 2020–2024, the typical home value in South Patrick Shores rose 56%; in Brevard County, it rose 73%.
Since 2015–2019, the typical rent in South Patrick Shores rose 58%, more than in Brevard County (46%).
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: South Patrick Shores and its comparisons
Measure
South Patrick Shores
Brevard County
Florida
United States
Rental vacancy
Unreliable estimate
10.8%
7.6%
5.5%
Homeowner vacancy
Unreliable estimate
1.0%
1.4%
0.9%
More than one person per room
Unreliable estimate
1.5%
3.3%
3.4%
People per household
2.33
2.42
2.51
2.53
Drive alone
75%
75%
70%
69%
Carpool
Unreliable estimate
7%
9%
9%
Public transit
Unreliable estimate
1%
1%
3%
Walk or bike
Unreliable estimate
2%
2%
3%
Work from home
11%
15%
16%
15%
Other means
Unreliable estimate
1%
2%
2%
Typical commute
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
A household in South Patrick Shores has 2.33 people on average, about the same as in Brevard County (2.42).
To get to work, 75% of workers in South Patrick Shores drive alone; in Brevard County, 75%.
Do the math
What would you pay each month for a home in South Patrick Shores?
A typical home costs more than the typical income allows
We start with a typical home in South Patrick Shores, worth $443,600, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 50% of the typical household income in South Patrick Shores, which is $85,660 a year. For that payment to be 28% of income, a household would need to earn about $153,560 a year.
The calculator's FHA and conventional loan limits are those of all of Brevard County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in South Patrick Shores. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $15,526 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$3,583
at 7.18% · 30 years
Loan amount
$435,565
Total interest
$626,676
Paid off in
November 2056
Includes $7,491 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,999 a month
Tight
$1,999 to $2,570 a month
Hard
more than $2,570 a month
Your payment · 50%
Compared with the typical household income in South Patrick Shores ($85,660 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$2,951
Property tax
$251
Home insurance
$185
FHA mortgage insurance (MIP)
$196
You need at least $15,526 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $3,583; principal and interest $2,951.
The city and its county
South Patrick Shores and Brevard County
South Patrick Shores is in Brevard County, Florida. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
South Patrick Shores
Map of Brevard County, Florida, with South Patrick Shores marked. Around it, the neighboring counties.
South Patrick Shores
Brevard County
Other cities with a page
South Patrick Shores's own numbers
Typical home value
$443,600
Typical monthly rent
$2,054
Typical yearly household income
$85,660
Households that own their home
88%
Effective property tax rate
0.68%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Brevard County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,779
Price change over 5 years (FHFA)
+54%
Homes in a high flood-risk zone
6.9%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Brevard County.
A typical home in South Patrick Shores is worth $443,600: 31% above the county and 24% above Florida. With the typical household income in South Patrick Shores ($85,660 a year), a typical home costs 5.2 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
South Patrick Shores5.2 years
Brevard4.3 years
Florida4.8 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Brevard County
According to FHFA’s house price index, home prices in Brevard County rose 135% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Brevard County.
Yearly change in FHFA’s price index in Brevard County, 2016 to 2025
2016: +13.4% +13.4% 2016
2017: +11.5% +11.5% 2017
2018: +8.3% +8.3% 2018
2019: +5.2% +5.2% 2019
2020: +5.7% +5.7% 2020
2021: +15.9% +15.9% 2021
2022: +24.1% +24.1% 2022
2023: +7.1% +7.1% 2023
2024: +0.9% +0.9% 2024
2025: −0.8% −0.8% 2025
Change in FHFA’s price index in Brevard County, Florida and the United States
Period
County
Florida
U.S.
Last year (2025)
−0.8%
−0.5%
+2.9%
5 years (2020–2025)
+54%
+60%
+47%
10 years (2015–2025)
+135%
+127%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
South Patrick Shores next to Brevard County, Florida and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
South Patrick Shores$443,600
Brevard$339,600
Florida$359,000
United States$332,700
Typical monthly rent
South Patrick Shores$2,054
Brevard$1,556
Florida$1,669
United States$1,413
Typical yearly household income
South Patrick Shores$85,660
Brevard$78,476
Florida$74,568
United States$80,734
See the full table
South Patrick Shores next to Brevard County and Florida
Measure
South Patrick Shores
Brevard County
Florida
U.S.
Typical home value
$443,600 ▲31% above the county
$339,600
$359,000
$332,700
Typical monthly rent
$2,054 ▲32% above the county
$1,556
$1,669
$1,413
Typical yearly household income
$85,660 ▲9% above the county
$78,476
$74,568
$80,734
Households that own their home
88% ▲11 points above the county
77%
68%
65%
Typical yearly property tax
$3,023 ▲31% above the county
$2,311
$2,730
$3,119
Effective property tax rate
0.68%
0.68%
0.76%
0.94%
Renters with high rent for their income
65% ▲9 points above the county
56%
60%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Brevard County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in South Patrick Shores
For a typical $443,600 home in South Patrick Shores, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, South Patrick Shores's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$3,583a month
Least cash to close
Down payment
$15,526
Cash to close
$28,834
Rate
7.18%
Mortgage insurance
FHA MIP · $196
Conventional, 5% down$3,502a month
Down payment
$22,180
Cash to close
$35,488
Rate
7.18%
Mortgage insurance
PMI · $211
Conventional, 20% down, no PMI$2,840a month
Down payment
$88,720
Cash to close
$102,028
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$3,250a month
Down payment
$66,540
Cash to close
$79,848
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in South Patrick Shores
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$3,583
$15,526
$435,565
7.18%
FHA MIP · $196
$28,834
580
Conventional, 5% down
$3,502
$22,180
$421,420
7.18%
PMI · $211
$35,488
620*
Conventional, 20% down, no PMI
$2,840
$88,720
$354,880
7.18%
None
$102,028
620*
ITIN, 15% down (example)
$3,250
$66,540
$377,060
8.18%
None
$79,848
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in South Patrick Shores is $2,054 a month: 32% above the county. In South Patrick Shores, 65% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Brevard County, by unit size. To pay the 2-bedroom one ($1,779 a month) without spending more than 30% of your income, you would need to earn $34.21 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Brevard County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,327
$25.52
$53,080
1 bedroom
$1,525
$29.33
$61,000
2 bedrooms
$1,779
$34.21
$71,160
3 bedrooms
$2,382
$45.81
$95,280
4 bedrooms
$2,707
$52.06
$108,280
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in South Patrick Shores
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). South Patrick Shores is in ZIP code 32937.
For 2 bedrooms it is $2,120: $341 more than the fair market rent for Brevard County ($1,779).
Fair market rent by ZIP code and size in South Patrick Shores, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
32937
$1,580
$1,820
$2,120
$2,840
$3,230
ZIP code2 bd3 bd
32937 $2,120$2,840
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for South Patrick Shores when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
There is 1 HUD-approved agency with an office in Brevard County; none says it serves in Spanish.
No down payment, repair or rent-help program on our list is for South Patrick Shores or Brevard County. The ones below are statewide in Florida: they work in South Patrick Shores the same as in the rest of the state.
Florida Housing second loan with no interest and no monthly payments, repaid when you sell or refinance.Offered by Florida Housing Finance Corporation.
The HUD-approved agencies closest to the center of South Patrick Shores, in a straight line, nearest first. If one says it serves in Spanish, its card says so.
2 of the 3 agencies on this list say they serve in Spanish.
Ask for service in Spanish
When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.
Housing authorities of South Patrick Shores
HUD’s record names them for South Patrick Shores or Brevard County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.
Housing Authority of Brevard CountyPublic housing and Section 8 vouchers(321) 775-1578
No legal help resource on our list is for South Patrick Shores or Brevard County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for South Patrick Shores and all of Brevard County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in South Patrick Shores?
The typical home value in South Patrick Shores is $443,600, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Brevard County it is $339,600.
How much does it cost to rent in South Patrick Shores?
Typical rent in South Patrick Shores is $2,054 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Brevard County is $1,779.
What is the FHA loan limit in South Patrick Shores?
South Patrick Shores uses the FHA limit for all of Brevard County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in South Patrick Shores?
The typical homeowner in South Patrick Shores pays $3,023 a year, according to the U.S. Census Bureau. That is 0.68% of the home’s value; in Brevard County, the rate is 0.68%.
Where can I find free help to buy or rent in South Patrick Shores?
There is 1 HUD-approved counseling agency with an office in Brevard County. They can help you get ready to buy, with your credit, or with rent.
