ZIP 32905
Melbourne, FL
Data based on listings and public records observed by Rufus. May not represent the entire market.
ZIP 32905 covers 18 tracked apartment buildings totaling 3,897 units in Melbourne, FL, with an average asking rent of $1,980 — above the national median for this ZIP code. Asking rents span $1,049 to $4,500 across the available inventory. Reported occupancy is 87.1%, softer than most stabilized markets and consistent with active leasing concessions.
The for-sale market in this ZIP code shows a median asking price of $275,000 ($186 per square foot). For-sale listings sit on the market for an average of 93 days. As of the most recent snapshot Rufus is tracking 167 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.
Building Vintage
Largest Buildings
| Property | Units | Built | Avg Rent |
|---|---|---|---|
| Woodlake Village | 462 | 1975 | $1,430 |
| The Braxton | 320 | 1987 | $1,544 |
| Aqua Palm Bay | 320 | 2018 | $1,616 |
| Tides at Palm Bay | 318 | 2026 | $2,302 |
| Eastshore Palm Bay | 272 | 2025 | $1,702 |
| The Monroe on Monterey | 271 | 1989 | $1,254 |
| Ascent of Palm Bay | 270 | 1984 | $1,513 |
| Westshore Palm Bay | 248 | 2022 | $1,658 |
| 10X Harbour Bay | 236 | 1997 | $1,420 |
| The Park at Topaz Tuscana | 224 | 1980 | $1,396 |