Rent by ZIP · Indian River County
Rent in Fellsmere, FL 32948
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,250 (-1.6% vs FY2026). Renters in this ZIP code pay a median $1,158 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $950 | $960 | -1% | $855–1,045 | – |
| 1 bedroom | $960 | $970 | -1% | $864–1,056 | – |
| 2 bedrooms | $1,250 | $1,270 | -1.6% | $1,125–1,375 | – |
| 3 bedrooms | $1,530 | $1,550 | -1.3% | $1,377–1,683 | $1,182 ±$213 |
| 4 bedrooms | $2,090 | $2,130 | -1.9% | $1,881–2,299 | – |
Small Area FMRs for the Sebastian-Vero Beach-West Vero Corridor, FL MSA. This ZIP code is in more than one HUD area; figures are for the main one. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Sebastian-Vero Beach-West Vero Corridor, FL MSA, 2 bedrooms: $1,542.
What renters pay in 32948
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 32949 | Grant | $1,980 | – |
| 32950 | Malabar | $2,320 | – |
| 32951 | Melbourne Beach | $2,070 | $1,739 |
| 32952 | Merritt Island | $1,730 | $1,577 |
| 32953 | Merritt Island | $1,560 | $1,286 |
| 32955 | Rockledge | $1,970 | $1,609 |
Fair Market Rents across Indian River County, FL · All FL counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.