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City · 6,559 residents · Indian River County, Florida

Vero Lake Estates , Florida

In Vero Lake Estates, a typical home is worth $328,200 and typical rent is $2,094 a month. Compared with all of Indian River County, typical rent is 54% higher, typical household income is 13% higher, and the share of households that own their home is 8 points higher.

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  • Typical home value

    $328,200

    7% below the county

    9% below Florida

    • Vero Lake Estates
    • Indian River
    • Florida

  • Typical rent

    $2,094a month

    54% above the county

    25% above Florida

    • Vero Lake Estates
    • Indian River
    • Florida

  • Typical household income

    $83,199a year

    13% above the county

    12% above Florida

    • Vero Lake Estates
    • Indian River
    • Florida

  • Households that own their home

    88%

    8 points above the county

    20 points above Florida

    • Vero Lake Estates
    • Indian River
    • Florida

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

Vero Lake Estates 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 Lake Estates apart

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

  1. The typical rent in Vero Lake Estates is $2,094 a month, 54% more than in Indian River County as a whole ($1,357).

  2. Nearby, in Micco, the typical home value is $172,600: 47% less than in Vero Lake Estates ($328,200).

  3. Nearby, in Vero Beach, the typical rent is $1,221: 42% less than in Vero Lake Estates ($2,094).

  4. 88% of households in Vero Lake Estates own their home, against 80% in Indian River County.

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

The homes here

Housing in Vero Lake Estates

What homes there are in Vero Lake Estates, 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

The detached house rules in Vero Lake Estates: 98% of homes, more than in Indian River County (66%).

Year built

Here half of the homes date from 2004 or later; in Indian River County, from 1991 or later.

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
Monthly rent with utilities

With a mortgage

$1,460 a month

Indian River County: $1,722 a month

Without a mortgage

$486 a month

Indian River County: $692 a month

Owners with a mortgage

70%

Indian River County: 47%

Owning costs less in Vero Lake Estates: with a mortgage, the typical cost is $1,460 a month; in Indian River County, $1,722. Without one, $486.

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

The boundaries of Vero Lake Estates changed since 2015–2019, so the Census does not compare its figures from then and now. In Indian River County, the typical home value rose 74%.

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 Lake EstatesIndian River CountyFloridaUnited States
Rental vacancy Unreliable estimate9.5%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 2.702.332.512.53
Drive alone 76%72%70%69%
Carpool 14%11%9%9%
Public transit Unreliable estimateUnreliable estimate1%3%
Walk or bike Unreliable estimate1%2%3%
Work from home Unreliable estimate14%16%15%
Other means Unreliable estimate2%2%2%
Typical commute Unreliable estimateUnreliable estimate20 to 29 minutes20 to 29 minutes

More people live in each home here: 2.70 on average, against 2.33 in Indian River County.

More people carpool to work in Vero Lake Estates than in Indian River County: 14% against 11%.

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 Lake Estates?

A typical home costs more than the typical income allows

We start with a typical home in Vero Lake Estates, worth $328,200, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 38% of the typical household income in Vero Lake Estates, which is $83,199 a year. For that payment to be 28% of income, a household would need to earn about $111,503 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 Lake Estates. 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 $11,487 (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

$2,602

at 7.18% · 30 years

Loan amount
$322,255
Total interest
$463,650
Paid off in
November 2056

Includes $5,542 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,941 a month

  • Tight

    $1,941 to $2,496 a month

  • Hard

    more than $2,496 a month

    Your payment · 38%

Compared with the typical household income in Vero Lake Estates ($83,199 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$2,602
Principal & interest$2,183
Property tax$137
Home insurance$137
FHA mortgage insurance (MIP)$145

You need at least $11,487 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 Lake Estates and Indian River County

Vero Lake Estates 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 Lake Estates's own numbers

Typical home value
$328,200
Typical monthly rent
$2,094
Typical yearly household income
$83,199
Households that own their home
88%
Effective property tax rate
0.5%

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 Lake Estates

A typical home in Vero Lake Estates is worth $328,200: 7% below the county and 9% below Florida. With the typical household income in Vero Lake Estates ($83,199 a year), a typical home costs 3.9 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 Lake Estates 3.9 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 Lake Estates 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 Lake Estates $328,200
  • Indian River $351,500
  • Florida $359,000
  • United States $332,700
Typical monthly rent
  • Vero Lake Estates $2,094
  • Indian River $1,357
  • Florida $1,669
  • United States $1,413
Typical yearly household income
  • Vero Lake Estates $83,199
  • Indian River $73,491
  • Florida $74,568
  • United States $80,734
See the full table
Vero Lake Estates next to Indian River County and Florida
Measure Vero Lake Estates Indian River County Florida U.S.
Typical home value $328,200 $351,500 $359,000 $332,700
Typical monthly rent $2,094 $1,357 $1,669 $1,413
Typical yearly household income $83,199 $73,491 $74,568 $80,734
Households that own their home 88% 80% 68% 65%
Typical yearly property tax $1,653 $2,436 $2,730 $3,119
Effective property tax rate 0.5% 0.69% 0.76% 0.94%
Renters with high rent for their income 65% 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 Lake Estates

For a typical $328,200 home in Vero Lake Estates, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Vero Lake Estates's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $2,602a month

    Least cash to close
    Down payment
    $11,487
    Cash to close
    $21,333
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $145

  • Conventional, 5% down $2,542a month

    Down payment
    $16,410
    Cash to close
    $26,256
    Rate
    7.18%
    Mortgage insurance
    PMI · $156

  • Conventional, 20% down, no PMI $2,052a month

    Down payment
    $65,640
    Cash to close
    $75,486
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $2,356a month

    Down payment
    $49,230
    Cash to close
    $59,076
    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 Lake Estates and for Indian River County.

Property tax

Effective rate in Vero Lake Estates

0.5%of the home’s value each year

$1,653 a year for the typical owner in Vero Lake Estates.

  • Vero Lake Estates 0.5%
  • 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 Lake Estates

Typical rent in Vero Lake Estates is $2,094 a month: 54% above the county. In Vero Lake Estates, 65% 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 Lake Estates

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Vero Lake Estates is in ZIP code 32967.

For 2 bedrooms it is $1,610: $68 more than the fair market rent for Indian River County ($1,542).

  • 32967 $1,610$1,970

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Vero Lake Estates 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?

Free help

Help to buy or rent in Vero Lake Estates

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 pregnant woman reads paperwork on the sofa while the grandmother plays with the girl on the floor.

HUD counseling is free or low-cost

Assistance programs in Vero Lake Estates

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

Which programs do I qualify for? All programs in Florida

Housing counselors near Vero Lake Estates

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

  • Community Housing Initiative, Inc

    3033 College Wood Dr, Melbourne · 30 miles away

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

  • Debt Management Credit Counseling Corp.

    941 SE Central Pkwy, Stuart · 43 miles away · Spanish

    Also serves in Creole.

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

  • Florida Non-Profit Housing Inc

    3909 Kenilworth Blvd, Sebring · 58 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and credit workshops
    • and 5 more
    (863) 385-2519

All counseling agencies in Florida

Help in Spanish near Vero Lake Estates

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 Lake Estates

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

All guides
A mother smiles as she carries her young daughter on her shoulders (black and white).

Questions

Housing questions about Vero Lake Estates

Short answers with the numbers for Vero Lake Estates 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 Lake Estates?

The typical home value in Vero Lake Estates is $328,200, 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 Lake Estates?

Typical rent in Vero Lake Estates is $2,094 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 Lake Estates?

Vero Lake Estates 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 Lake Estates?

The typical homeowner in Vero Lake Estates pays $1,653 a year, according to the U.S. Census Bureau. That is 0.5% 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 Lake Estates?

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).