Fair Market Rent · Florida
Fair Market Rent in Indian River County, FL
FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.
HUD's FY2027 Fair Market Rent for a 2-bedroom home in Indian River County is $1,542 a month, -3.9% from FY2026. Indian River County is part of the Sebastian-Vero Beach-West Vero Corridor, FL MSA (a metro area). HUD also publishes Small Area FMRs by ZIP code here; those can be higher or lower than the area-wide figure. See each ZIP code below.
Area-wide Fair Market Rents
| Size | FY2027 | FY2026 | Change | Typical voucher range (90–110%) |
|---|---|---|---|---|
| Studio | $1,171 | $1,214 | -3.5% | $1,054–1,288 |
| 1 bedroom | $1,179 | $1,222 | -3.5% | $1,061–1,297 |
| 2 bedrooms | $1,542 | $1,604 | -3.9% | $1,388–1,696 |
| 3 bedrooms | $1,882 | $1,956 | -3.8% | $1,694–2,070 |
| 4 bedrooms | $2,577 | $2,691 | -4.2% | $2,319–2,835 |
The voucher range is the typical band housing authorities use for payment standards; your housing authority sets the actual standard.
Rents by ZIP code in Indian River County
Open a ZIP code for every size, the spread of rents and nearby ZIP codes.
| ZIP | Place | 2-bedroom FMR (ZIP) | Census median, 2 bedrooms | Census median, all sizes |
|---|---|---|---|---|
| 32948 | Fellsmere | $1,250 | – | $1,158 |
| 32958 | Sebastian | $1,650 | $1,323 | $1,443 |
| 32960 | Vero Beach | $1,450 | $1,210 | $1,194 |
| 32962 | Vero Beach | $1,470 | $1,292 | $1,325 |
| 32963 | Vero Beach | $2,310 | $2,145 | $2,378 |
| 32966 | Vero Beach | $1,680 | $1,438 | $1,609 |
| 32967 | Vero Beach | $1,610 | $1,410 | $1,302 |
| 32968 | Vero Beach | $2,080 | $1,554 | $1,777 |
| 32970 | Wabasso | $1,630 | – | – |
Sources: HUD Fair Market Rents and Small Area Fair Market Rents, FY2027 (effective October 1, 2026) and FY2026; U.S. Census Bureau, 2020–2024 American Community Survey 5-year estimates (median gross rent by ZIP code). Fair Market Rents and Census figures include utilities. Not affiliated with HUD or the Census Bureau. About the data.