ZIP 32940

Melbourne, FL

Data based on listings and public records observed by Rufus. May not represent the entire market.

ZIP 32940 covers 13 tracked apartment buildings totaling 3,141 units in Melbourne, FL, with an average asking rent of $2,168 — above the national median for this ZIP code. Asking rents span $1,617 to $3,370 across the available inventory. Occupancy of 92.7% is in line with a healthy stabilized market.

The for-sale market in this ZIP code shows a median asking price of $550,000 ($846 per square foot). For-sale listings sit on the market for an average of 169 days. As of the most recent snapshot Rufus is tracking 304 active listings. HMDA mortgage data for the county covering Melbourne shows an average loan amount of $349,539 at an average interest rate of 6.54%. 30,075 loans were originated in the most recent reporting year, a denial rate close to the national average.

Rufus refreshes this ZIP code snapshot from live scraping of listing sources and public deed and mortgage records; figures are observed rather than reported by owners and may differ from marketing brochures.

Last updated 2026-07-28 · Tracked since 2025-09-06
Avg Rent
$2,168
$1,617 – $3,370
Buildings
13
Total Units
3,141
Est. Occupancy
92.7%
229 vacant (observed)

Building Vintage

2000-2014
2
2015+
11

Largest Buildings

PropertyUnitsBuiltAvg Rent
Linz of Viera3502023$2,438
The Pearl of Viera2982021$2,119
Marisol at Viera2822016$1,789
Via Tuscany Apartments2802000$1,896
Legacy at Oakwood Landing2742020$2,068
Addison Square2702024$2,401
Artisan at Viera2592019$2,367
Luna at Viera2452023$2,023
Highlands Viera West2402007$1,972
RISE Viera1662025$2,245
Last updated: 2026-07-19
Median Asking Price
$550,000
Median Size
2,010 sqft
Price per Sqft
$846
Avg Days on Market
169 days
Active Listings
304

Home Type Breakdown

Single Family80.5%(281)
Townhome12%(42)
Condo7.4%(26)
Source: HMDA / CFPB

Mortgage data is reported at the county level and may cover a broader area than the ZIP, city, or metro shown.

Avg Loan Amount
$349,539
Avg Property Value
$435,054
Avg Applicant Income
$144,841
Denial Rate
13.3%
Avg Interest Rate
6.54%
Originations
30,075

Loan Type Breakdown

Conventional60.3%
FHA22%
VA17.6%
USDA0.1%