2026 Compare Cities Housing:
Inverness, FL vs Melbourne, FL

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Highlights
- The median age of a home in Inverness is 5.7% younger than the median age of a home in Melbourne.
 Inverness, FLMelbourne, FLUnited States
 Median Home Age35  Unlock42
 Median Home Cost  Unlock$348,100$338,100
 Home Appr. Last 12 months29.3%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock85.7%57.0%
 Home Appr. Last 10 yrs.175.5%  Unlock101.1%
 Property Tax Rate  Unlock$7.7$11.0
 Homes Owned53.8%  Unlock57.4%
 Housing Vacant  Unlock13.0%11.2%
 Homes Rented28.4%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Inverness, FLMelbourne, FLUnited States
 Average Rent  Unlock$1,940$1,840
 Studio Apartment$700  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,230$1,180
 2 Bedroom Home or Apartment$940  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,970$1,860
 4 Bedroom Home or Apartment$1,600  Unlock$2,160
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 Vacant Housing
 Inverness, FLMelbourne, FLUnited States
 Vacant For Rent  Unlock2.4%1.9%
 Vacant Rented0.6%  Unlock0.4%
 Vacant For Sale  Unlock0.5%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock4.1%3.6%
 Vacant Other4.6%  Unlock4.1%
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 Owner-Occupied Housing Value
 Inverness, FLMelbourne, FLUnited States
 Less Than $20,000  Unlock3.1%2.6%
 $20,000 to $39,9990.0%  Unlock2.4%
 $40,000 to $59,999  Unlock2.0%2.8%
 $60,000 to $79,99911.9%  Unlock3.9%
 $80,000 to $99,999  Unlock3.5%4.5%
 $100,000 to $149,99936.9%  Unlock11.3%
 $150,000 to $199,999  Unlock21.3%13.0%
 $200,000 to $299,9999.8%  Unlock20.1%
 $300,000 to $399,999  Unlock10.0%13.6%
 $400,000 to $499,9993.0%  Unlock8.3%
 $500,000 to $749,999  Unlock4.1%9.7%
 $750,000 to $999,9990.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.4%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.3%1.1%
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 Housing Units By Year Built
 Inverness, FLMelbourne, FLUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock13.3%13.6%
 2000 to 20096.3%  Unlock13.6%
 1990 to 1999  Unlock16.9%13.6%
 1980 to 198929.2%  Unlock13.2%
 1970 to 1979  Unlock13.2%14.8%
 1960 to 196928.2%  Unlock13.6%
 1950 to 1959  Unlock8.5%10.0%
 1940 to 19491.5%  Unlock4.7%
 1939 or Earlier  Unlock1.1%12.2%
Reviews for Inverness    11 Reviews

I moved here from St Petersburg last spring. I came here because it’s quiet with very little crime. True there isn’t many stores and restaurants but property is  More

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I've lived here for 18 years. Housing is expensive, extra gas tax, no shopping, no nice restaurants, nothing to do, low wages, nepotism is rampant (unless you're a good  More

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Over 8 years ago

We are looking at Inverness to decide if that is were we went to move. Any information  More

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Reviews for Melbourne    28 Reviews

Over 5 years ago

Moved here from Ohio 3 months ago, trying not to be disappointed, there isn't much to do, its really small and shopping is bad. I wanted out of Cleveland but didn't  More

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I have lived in many areas of this town. It is growing and has a nice selection of older and very new areas. The access to beaches and parks is quick and well kept.   More

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The rating on here is accurate. Crime is rather high. There's shootings and killings constantly. If you're coming from another state, just check floridatoday.com at  More

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