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City · 17,042 residents · Indian River County, Florida

Vero Beach , Florida

In Vero Beach, a typical home is worth $391,900 and typical rent is $1,221 a month. Compared with all of Indian River County, the typical home value is 11% higher, typical rent is 10% lower, and the share of households that own their home is 16 points lower.

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  • Typical home value

    $391,900

    11% above the county

    9% above Florida

    • Vero Beach
    • Indian River
    • Florida

  • Typical rent

    $1,221a month

    10% below the county

    27% below Florida

    • Vero Beach
    • Indian River
    • Florida

  • Typical household income

    $69,758a year

    5% below the county

    6% below Florida

    • Vero Beach
    • Indian River
    • Florida

  • Households that own their home

    64%

    16 points below the county

    3 points below Florida

    • Vero Beach
    • Indian River
    • Florida

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$361,764
1.2% less than 12 months ago
Typical rent
$2,092 a month
2.3% more than 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Vero Beach is in Indian River 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 Indian River County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Vero Beach apart

What this place has that others do not, from public data, most unusual first.

  1. Nearby, in West Vero Corridor, the typical home value is $216,400: 45% less than in Vero Beach ($391,900).

  2. 64% of households in Vero Beach own their home, against 80% in Indian River County.

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Vero Beach

What homes there are in Vero Beach, 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

No kind of home is the majority in Vero Beach; the largest group, detached houses, adds up to 46%, less than in Indian River County (66%).

Year built

In Vero Beach, half of the homes were built before 1976; in Indian River County, before 1991.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes

With an FHA loan, the cap for Indian River County is $541,287. About 57% of owner-occupied homes in Vero Beach are worth less than that.

Monthly rent with utilities

With a mortgage

$1,988 a month

Indian River County: $1,722 a month

Without a mortgage

$958 a month

Indian River County: $692 a month

Owners with a mortgage

40%

Indian River County: 47%

In Vero Beach, 40% of owners have a mortgage, and their typical cost is $1,988 a month, against $1,722 in Indian River County. Without one it drops to $958.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

From 2015–2019 to 2020–2024, the typical home value in Vero Beach rose 51%; in Indian River County, it rose 74%.

Rents in Vero Beach rose more slowly than in Indian River County: 37% since 2015–2019, against 42%.

While home values in Vero Beach changed +51% and rent +37%, the typical household income rose 43%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureVero BeachIndian River CountyFloridaUnited States
Rental vacancy 12.6%9.5%7.6%5.5%
Homeowner vacancy Unreliable estimate2.3%1.4%0.9%
More than one person per room Unreliable estimate1.5%3.3%3.4%
People per household 2.242.332.512.53
Drive alone 68%72%70%69%
Carpool Unreliable estimate11%9%9%
Public transit Unreliable estimateUnreliable estimate1%3%
Walk or bike 4%1%2%3%
Work from home 16%14%16%15%
Other means Unreliable estimate2%2%2%
Typical commute 10 to 19 minutesUnreliable estimate20 to 29 minutes20 to 29 minutes

There is more rental housing open in Vero Beach: 12.6% is empty and offered for rent, against 9.5% in Indian River County.

By size, households in Vero Beach look like those in Indian River County: 2.24 people on average.

The car rules in Vero Beach: 68% of workers drive to work alone, and the typical trip takes 10 to 19 minutes.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Vero Beach?

A typical home costs more than the typical income allows

We start with a typical home in Vero Beach, worth $391,900, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 55% of the typical household income in Vero Beach, which is $69,758 a year. For that payment to be 28% of income, a household would need to earn about $138,043 a year.

The calculator's FHA and conventional loan limits are those of all of Indian River County.

Your numbers

Local data
$

Starts at the typical home value in Vero Beach. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $13,717 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$3,221

at 7.18% · 30 years

Loan amount
$384,801
Total interest
$553,639
Paid off in
November 2056

Includes $6,618 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,628 a month

  • Tight

    $1,628 to $2,093 a month

  • Hard

    more than $2,093 a month

    Your payment · 55%

Compared with the typical household income in Vero Beach ($69,758 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$3,221
Principal & interest$2,607
Property tax$278
Home insurance$163
FHA mortgage insurance (MIP)$173

You need at least $13,717 for the down payment, plus closing costs.

Next step

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.

The city and its county

Vero Beach and Indian River County

Vero Beach is in Indian River 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).

Vero Beach's own numbers

Typical home value
$391,900
Typical monthly rent
$1,221
Typical yearly household income
$69,758
Households that own their home
64%
Effective property tax rate
0.85%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Indian River County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,542
Price change over 5 years (FHFA)
+58%
Homes in a high flood-risk zone
13%

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 Indian River County.

Everything about Indian River County

Buying

Buying a home in Vero Beach

A typical home in Vero Beach is worth $391,900: 11% above the county and 9% above Florida. With the typical household income in Vero Beach ($69,758 a year), a typical home costs 5.6 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.

  • Vero Beach 5.6 years
  • Indian River 4.8 years
  • Florida 4.8 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Indian River County

According to FHFA’s house price index, home prices in Indian River County rose 136% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Indian River County.

Period County Florida U.S.
Last year (2025) −1.6% −0.5% +2.9%
5 years (2020–2025) +58% +60% +47%
10 years (2015–2025) +136% +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

Vero Beach next to Indian River 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
  • Vero Beach $391,900
  • Indian River $351,500
  • Florida $359,000
  • United States $332,700
Typical monthly rent
  • Vero Beach $1,221
  • Indian River $1,357
  • Florida $1,669
  • United States $1,413
Typical yearly household income
  • Vero Beach $69,758
  • Indian River $73,491
  • Florida $74,568
  • United States $80,734
See the full table
Vero Beach next to Indian River County and Florida
Measure Vero Beach Indian River County Florida U.S.
Typical home value $391,900 $351,500 $359,000 $332,700
Typical monthly rent $1,221 $1,357 $1,669 $1,413
Typical yearly household income $69,758 $73,491 $74,568 $80,734
Households that own their home 64% 80% 68% 65%
Typical yearly property tax $3,350 $2,436 $2,730 $3,119
Effective property tax rate 0.85% 0.69% 0.76% 0.94%
Renters with high rent for their income 55% 57% 60% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Indian River 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 Vero Beach

For a typical $391,900 home in Vero Beach, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Vero Beach's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $3,221a month

    Least cash to close
    Down payment
    $13,717
    Cash to close
    $25,474
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $173

  • Conventional, 5% down $3,149a month

    Down payment
    $19,595
    Cash to close
    $31,352
    Rate
    7.18%
    Mortgage insurance
    PMI · $186

  • Conventional, 20% down, no PMI $2,565a month

    Down payment
    $78,380
    Cash to close
    $90,137
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $2,927a month

    Down payment
    $58,785
    Cash to close
    $70,542
    Rate
    8.18%
    Mortgage insurance
    None

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.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Vero Beach and for Indian River County.

Property tax

Effective rate in Vero Beach

0.85%of the home’s value each year

$3,350 a year for the typical owner in Vero Beach.

  • Vero Beach 0.85%
  • Indian River 0.69%
  • Florida 0.76%

What Florida publishes Homestead exemption (Florida Department of Revenue)

Exemptions and deadlines in Florida

Flood risk in Indian River County

FEMA does not publish these numbers by city: they are for all of Indian River County.

Homes in the high-risk zone
13%
9,634
Of those, with NFIP insurance
52%
County Florida U.S.
Homes in the high-risk zone 13% 13% 3.5%
Of those, with NFIP insurance 52% 67% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Vero Beach

Typical rent in Vero Beach is $1,221 a month: 10% below the county. In Vero Beach, 55% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Indian River County, by unit size. To pay the 2-bedroom one ($1,542 a month) without spending more than 30% of your income, you would need to earn $29.65 an hour working full time.

HUD fair market rent for all of Indian River County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,171 $22.52 $46,840
1 bedroom $1,179 $22.67 $47,160
2 bedrooms $1,542 $29.65 $61,680
3 bedrooms $1,882 $36.19 $75,280
4 bedrooms $2,577 $49.56 $103,080

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 Vero Beach

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Vero Beach has 2 ZIP codes with their own.

For 2 bedrooms it runs from $1,450 in 32960 to $2,310 in 32963.

1 of the 2 is above the fair market rent for Indian River County ($1,542).

  • 32960 $1,450$1,770
  • 32963 $2,310$2,820

2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Vero Beach 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 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Vero Beach

HUD lists 14 buildings with rents for lower incomes in Vero Beach. These are the largest.

  • Palms at Vero Beach 1210 4th Ter, Vero Beach 32960 259 low-income homes · 2 bd: 181 · 3 bd: 78 · In service since 2004
  • Orchard Grove 1935 45th St, Vero Beach 32967 234 low-income homes · 1 bd: 78 · 2 bd: 108 · 3 bd: 48 · In service since 2003 · For families
  • Pemberly Palms 840 5th Ave, Vero Beach 32960 200 low-income homes · 1 bd: 32 · 2 bd: 96 · 3 bd: 64 · In service since 1997 · For families
  • Lexington Club at Vero 6885 20th St, Vero Beach 32966 184 low-income homes · 2 bd: 184 · In service since 2000 · For older adults
  • Indian River 275 13th Pl, Vero Beach 32960 180 low-income homes · 1 bd: 60 · 2 bd: 96 · 3 bd: 24 · In service since 1996 · For families

See all 18 buildings in Indian River County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Vero Beach

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.

We found no HUD-approved agencies with an office in Indian River County. The nearest ones are below; many serve by phone or online.

A man smiles on a bench outside his apartment building.

HUD counseling is free or low-cost

Assistance programs in Vero Beach

No down payment, repair or rent-help program on our list is for Vero Beach or Indian River County. The ones below are statewide in Florida: they work in Vero Beach the same as in the rest of the state.

Which programs do I qualify for? All programs in Florida

Housing counselors near Vero Beach

The HUD-approved agencies closest to the center of Vero Beach, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Debt Management Credit Counseling Corp.

    941 SE Central Pkwy, Stuart · 34 miles away · Spanish

    Also serves in Creole.

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 8 more
    (866) 618-3328

  • Community Housing Initiative, Inc

    3033 College Wood Dr, Melbourne · 40 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 5 more
    (321) 253-0053

  • Real Estate, Education and Community Housing, Inc.

    8409 N Military Trl Ste 112, West Palm Beach · 61 miles away · Spanish

    Also serves in Creole.

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 9 more
    (561) 491-1670

All counseling agencies in Florida

Help in Spanish near Vero Beach

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 Vero Beach

In HUD’s record, no housing authority with an office in Indian River County is named for Vero Beach or Indian River County.

One other authority has an office in Indian River County: see the list Source: HUD

Cities

Other cities in Indian River County

These cities are also in Indian River County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Indian River County Housing in Florida

Nearby cities

The cities closest to Vero Beach, with the typical home value.

Neighboring counties

If Indian River County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Vero Beach.

All guides
A father holds his baby and his young son by a white picket fence.

Questions

Housing questions about Vero Beach

Short answers with the numbers for Vero Beach and all of Indian River 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 Vero Beach?

The typical home value in Vero Beach is $391,900, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Indian River County it is $351,500.

How much does it cost to rent in Vero Beach?

Typical rent in Vero Beach is $1,221 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Indian River County is $1,542.

What is the FHA loan limit in Vero Beach?

Vero Beach uses the FHA limit for all of Indian River 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 Vero Beach?

The typical homeowner in Vero Beach pays $3,350 a year, according to the U.S. Census Bureau. That is 0.85% of the home’s value; in Indian River County, the rate is 0.69%.

Where can I find free help to buy or rent in Vero Beach?

We found no HUD-approved counseling agencies with an office in Indian River County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).