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2025 Compare Cities Housing:
Melbourne Beach, FL vs Palmetto Bay, FL

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Highlights
- The median age of a home in Melbourne Beach is 4.3% older than the median age of a home in Palmetto Bay.
 Melbourne Beach, FLPalmetto Bay, FLUnited States
 Median Home Age47  Unlock42
 Median Home Cost  Unlock$927,700$338,100
 Home Appr. Last 12 months26.8%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock73.5%57.0%
 Home Appr. Last 10 yrs.211.6%  Unlock101.1%
 Property Tax Rate  Unlock$9.7$11.0
 Homes Owned65.0%  Unlock57.4%
 Housing Vacant  Unlock7.0%11.2%
 Homes Rented15.7%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Melbourne Beach, FLPalmetto Bay, FLUnited States
 Average Rent  Unlock$2,600$1,840
 Studio Apartment$1,380  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,610$1,180
 2 Bedroom Home or Apartment$1,970  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,640$1,860
 4 Bedroom Home or Apartment$3,130  Unlock$2,160
 space1
 Vacant Housing
 Melbourne Beach, FLPalmetto Bay, FLUnited States
 Vacant For Rent  Unlock1.6%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock0.7%0.7%
 Vacant Sold1.0%  Unlock0.4%
 Vacant Vacation  Unlock1.9%3.6%
 Vacant Other3.2%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Melbourne Beach, FLPalmetto Bay, FLUnited States
 Less Than $20,000  Unlock1.3%2.6%
 $20,000 to $39,9990.7%  Unlock2.4%
 $40,000 to $59,999  Unlock0.1%2.8%
 $60,000 to $79,9990.0%  Unlock3.9%
 $80,000 to $99,999  Unlock0.4%4.5%
 $100,000 to $149,9993.6%  Unlock11.3%
 $150,000 to $199,999  Unlock0.9%13.0%
 $200,000 to $299,99910.2%  Unlock20.1%
 $300,000 to $399,999  Unlock7.8%13.6%
 $400,000 to $499,99917.9%  Unlock8.3%
 $500,000 to $749,999  Unlock48.5%9.7%
 $750,000 to $999,9994.9%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock5.7%2.2%
 $1,500,000 to $1,999,9992.4%  Unlock0.8%
 $2,000,000 and over  Unlock1.1%1.1%
 space3
 Housing Units By Year Built
 Melbourne Beach, FLPalmetto Bay, FLUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock5.9%13.6%
 2000 to 20092.5%  Unlock13.6%
 1990 to 1999  Unlock13.7%13.6%
 1980 to 198921.7%  Unlock13.2%
 1970 to 1979  Unlock29.1%14.8%
 1960 to 19697.5%  Unlock13.6%
 1950 to 1959  Unlock10.2%10.0%
 1940 to 19490.5%  Unlock4.7%
 1939 or Earlier  Unlock0.0%12.2%
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Reviews for Melbourne Beach    1 Reviews
Patty · Melbourne, FL
Lifestyle in Melbourne
Over 14 years ago

Lifestyle in Melbourne, Florida is relaxed and friendly. If you are looking for beautiful beaches, golfing and a slower pace Melbourne may be right for you.  More

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Reviews for Palmetto Bay    2 Reviews
Adam · Miami, FL
Great places to visit while in Palmetto Bay
Over 12 years ago

My family and I recently went to Deering Estate for an afternoon picnic and had an excellent time. We brought in all types of food and drink, we brought a lg blanket,  More

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Adam · Miami, FL
Great places to visit while in Palmetto Bay
Over 12 years ago

My family and I recently went to Deering Estate for an afternoon picnic and had an excellent time. We brought in all types of food and drink, we brought a lg blanket,  More

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Start Your Review of Palmetto Bay

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Learn More About Melbourne Beach, Florida
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