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2024 Compare Cities Housing:
Palm Bay, FL vs Vero Beach, FL

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Highlights
- The median age of a home in Palm Bay is 51.6% younger than the median age of a home in Vero Beach.

Housing
 Palm Bay, FLVero Beach, FLUnited States
 Median Home Age314742
 Median Home Cost$301,500$349,200$338,100
 Home Appr. Last 12 months26.8%26.8%16.6%
 Home Appr. Last 5 yrs.85.7%85.7%57.0%
 Home Appr. Last 10 yrs.211.6%211.6%101.1%
 Property Tax Rate$6.8$9.7$11.0
 Homes Owned71.0%47.9%57.4%
 Housing Vacant9.3%28.8%11.2%
 Homes Rented19.7%23.4%31.4%
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 Avg Rent For Home Or Apartment
 Palm Bay, FLVero Beach, FLUnited States
 Average Rent$1,860$1,760$1,840
 Studio Apartment$990$920$1,080
 1 Bedroom Home or Apartment$1,170$1,150$1,180
 2 Bedroom Home or Apartment$1,420$1,380$1,430
 3 Bedroom Home or Apartment$1,890$1,780$1,860
 4 Bedroom Home or Apartment$2,240$2,300$2,160
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 Vacant Housing
 Palm Bay, FLVero Beach, FLUnited States
 Vacant For Rent1.1%4.6%1.9%
 Vacant Rented0.4%1.5%0.4%
 Vacant For Sale0.6%1.5%0.7%
 Vacant Sold0.5%0.9%0.4%
 Vacant Vacation4.5%13.8%3.6%
 Vacant Other2.3%6.4%4.1%
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 Owner-Occupied Housing Value
 Palm Bay, FLVero Beach, FLUnited States
 Less Than $20,0002.5%2.0%2.6%
 $20,000 to $39,9990.8%1.0%2.4%
 $40,000 to $59,9991.7%1.8%2.8%
 $60,000 to $79,9992.8%1.4%3.9%
 $80,000 to $99,9995.2%6.5%4.5%
 $100,000 to $149,99915.3%8.2%11.3%
 $150,000 to $199,99930.0%13.3%13.0%
 $200,000 to $299,99931.5%17.9%20.1%
 $300,000 to $399,9997.6%5.1%13.6%
 $400,000 to $499,9991.5%7.4%8.3%
 $500,000 to $749,9990.4%18.4%9.7%
 $750,000 to $999,9990.5%7.3%3.9%
 $1,000,000 to $1,499,9990.1%6.1%2.2%
 $1,500,000 to $1,999,9990.0%1.3%0.8%
 $2,000,000 and over0.1%2.4%1.1%
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 Housing Units By Year Built
 Palm Bay, FLVero Beach, FLUnited States
 2015 and Newer0.2%0.1%0.2%
 2010 to 201426.6%6.4%13.6%
 2000 to 200926.6%6.4%13.6%
 1990 to 199917.9%6.6%13.6%
 1980 to 198933.6%17.0%13.2%
 1970 to 197911.4%29.1%14.8%
 1960 to 196917.9%6.6%13.6%
 1950 to 19591.0%13.9%10.0%
 1940 to 19490.3%2.0%4.7%
 1939 or Earlier0.2%6.4%12.2%

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Reviews for Palm Bay    27 Reviews

I moved to Palm Bay in 2020 and the cost of living has skyrocketed! A two bedroom apartment was around $900/month in 2020. Now it's $1600 and up. Mostly up. A three  More

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My family of 4 have lived here in NW Palm Bay for over 10 years. My wife and my son from another marriage lived here for over 7 before that. I myself have lived here for  More

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I lived in Palm Bay for 12 years. It's a very unfriendly and crowded place to live. It's well into the 90's from late April till right around the 10th of November. The  More

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Reviews for Vero Beach    22 Reviews

I grew up in Miami, BEFORE you had to wear a bullet proof vest to live there! I have lived in 9 other states and moved back to Fla over 2 years ago. First to Naples  More

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Over 12 years ago

Thanks for sharing fun facts about Vero Beach but more over: Let it be boring....no fun...no bars... After all...where ever the so called "fun" is... rest  More

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Over 12 years ago

relocating to vero beach, understand quite laid back, what to do, we enjoy endlessly, cards, majong, board games, semi formal dinner dances, are we in the right place,  More

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ZIPS IN PALM BAY, FLORIDA
32907 32909 32905 32908
ZIPS IN VERO BEACH, FLORIDA
32960 32963

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