Indian River County, FL

2025 Fair Market Rents

Tags: 2025 Sebastian-Vero Beach, FL MSA

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The top four largest cities in Indian River County are Sebastian, Vero Beach, Fellsmere, and Wabasso. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Indian River County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Indian River County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Indian River County compare?

Indian River County ($1,567) has a 8.4% higher FMR for 2-Bedroom housing than the average of Florida ($1,446) and therefore a higher gross rent.

Indian River County is rank 32nd out of 67 counties. This means the FMRs, or in other words, the gross rent is higher than 35 other counties. Indian River County is the 32nd most expensive county in terms of FMRs.

Rent Tables Indian River County, FL

Fair Market Rent (40th Percentile)

$1,239
studio
$1,246
1-Bedroom
$1,567
2-Bedroom
$1,948
3-Bedroom
$2,601
4-Bedroom

Median Rent (50th Percentile)

$1,322
studio
$1,330
1-Bedroom
$1,672
2-Bedroom
$2,078
3-Bedroom
$2,776
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
32948 $960 $970 $1,220 $1,520 $2,030
32948 $960 $970 $1,220 $1,520 $2,030
32957 $1,240 $1,250 $1,570 $1,950 $2,610
32958 $1,370 $1,380 $1,730 $2,150 $2,870
32960 $1,150 $1,150 $1,450 $1,800 $2,410
32961 $1,240 $1,250 $1,570 $1,950 $2,610
32962 $1,210 $1,220 $1,530 $1,900 $2,540
32963 $1,800 $1,810 $2,280 $2,830 $3,790
32964 $1,240 $1,250 $1,570 $1,950 $2,610
32965 $1,240 $1,250 $1,570 $1,950 $2,610
32966 $1,340 $1,350 $1,700 $2,110 $2,820
32967 $1,210 $1,220 $1,530 $1,900 $2,540
32968 $1,820 $1,830 $2,300 $2,860 $3,820
32969 $1,240 $1,250 $1,570 $1,950 $2,610
32970 $1,310 $1,320 $1,650 $2,060 $2,750
32971 $1,240 $1,250 $1,570 $1,950 $2,610
32978 $1,240 $1,250 $1,570 $1,950 $2,610
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
32948 $864 $873 $1,098 $1,368 $1,827
32948 $864 $873 $1,098 $1,368 $1,827
32957 $1,116 $1,125 $1,413 $1,755 $2,349
32958 $1,233 $1,242 $1,557 $1,935 $2,583
32960 $1,035 $1,035 $1,305 $1,620 $2,169
32961 $1,116 $1,125 $1,413 $1,755 $2,349
32962 $1,089 $1,098 $1,377 $1,710 $2,286
32963 $1,620 $1,629 $2,052 $2,547 $3,411
32964 $1,116 $1,125 $1,413 $1,755 $2,349
32965 $1,116 $1,125 $1,413 $1,755 $2,349
32966 $1,206 $1,215 $1,530 $1,899 $2,538
32967 $1,089 $1,098 $1,377 $1,710 $2,286
32968 $1,638 $1,647 $2,070 $2,574 $3,438
32969 $1,116 $1,125 $1,413 $1,755 $2,349
32970 $1,179 $1,188 $1,485 $1,854 $2,475
32971 $1,116 $1,125 $1,413 $1,755 $2,349
32978 $1,116 $1,125 $1,413 $1,755 $2,349
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
32948 $1,056 $1,067 $1,342 $1,672 $2,233
32948 $1,056 $1,067 $1,342 $1,672 $2,233
32957 $1,364 $1,375 $1,727 $2,145 $2,871
32958 $1,507 $1,518 $1,903 $2,365 $3,157
32960 $1,265 $1,265 $1,595 $1,980 $2,651
32961 $1,364 $1,375 $1,727 $2,145 $2,871
32962 $1,331 $1,342 $1,683 $2,090 $2,794
32963 $1,980 $1,991 $2,508 $3,113 $4,169
32964 $1,364 $1,375 $1,727 $2,145 $2,871
32965 $1,364 $1,375 $1,727 $2,145 $2,871
32966 $1,474 $1,485 $1,870 $2,321 $3,102
32967 $1,331 $1,342 $1,683 $2,090 $2,794
32968 $2,002 $2,013 $2,530 $3,146 $4,202
32969 $1,364 $1,375 $1,727 $2,145 $2,871
32970 $1,441 $1,452 $1,815 $2,266 $3,025
32971 $1,364 $1,375 $1,727 $2,145 $2,871
32978 $1,364 $1,375 $1,727 $2,145 $2,871

Fair Market Rents on this page apply to the following cities in Indian River County, Florida: Sebastian, Vero Beach, Fellsmere, Wabasso, Roseland, and Winter Beach.

These Fair Market Rents also apply to the following ZIP codes in Indian River County, Florida: 32958, 32962, 32967, 32960, 32963, 32966, 32968, 32948, 32961, 32965, 32970, 32978, 32957, 32964, 32969, and 32971.

Indian River County, FL is considered part of the following metro FMR area: SEBASTIAN-VERO BEACH, FL MSA.

More on Indian River County, FL

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Fair Market Rents are published by the Department of Housing And Urban Development.