Indian River County, FL at a glance
Median household income
$73,491$6,124 per month · U.S. Census Bureau ACS 5-YearHow much rent can you afford in Indian River County, FL?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
How much is rent in Indian River County, FL? By bedroom, 2026
HUD's fiscal 2026 Fair Market Rents for Sebastian-Vero Beach-West Vero Corridor, FL MSA, with the income each one takes if rent stays under 30% of it.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $1,214 | $14,568 | $48,560 | 19.8% |
| 1-Bedroom Apartment | $1,222 | $14,664 | $48,880 | 20% |
| 2-Bedroom ApartmentBenchmark | $1,604 | $19,248 | $64,160 | 26.2% |
| 3-Bedroom Home | $1,956 | $23,472 | $78,240 | 31.9% |
| 4-Bedroom Home | $2,691 | $32,292 | $107,640 | 43.9% |
Rent in Indian River County, FL, with the wage each unit needs →
What a typical income covers in Indian River County, FL
The 50/30/20 rule applied to the local median of $73,491 a year ($6,124 a month before tax).
What $73,491 leaves after Florida taxes
Federal income tax, Social Security, Medicare and Florida tax on the local median income. Change the salary to see yours.
Rent, jobs and pay in Florida
Living in Indian River County, FL: common questions
What is the median household income in Indian River County, FL?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Indian River County, FL is $73,491 per year (approximately $6,124 per month).
What is the average rent in Indian River County, FL?
The closest official figure is HUD's Fair Market Rent for 2026: $1,214 for a studio, $1,222 for one bedroom, $1,604 for two, $1,956 for three and $2,691 for four, utilities included.
It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.
Is Indian River County, FL expensive to live in?
Prices there run 1.7% below the U.S. average. BEA's regional price parity for the metro area is 98.3, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.
How much do you need to earn to comfortably afford rent in Indian River County, FL?
To keep a $1,604 two-bedroom under 30% of gross income, a household needs about $64,160 a year, or $5,347 a month. That is 87% of what the typical household in Indian River County, FL earns.
How much do you need to live comfortably in Indian River County, FL?
On the local median income of $73,491 ($6,124 a month before tax), the 50/30/20 rule leaves $3,062 a month for needs like rent, utilities and groceries, $1,837 for everything else and $1,225 for savings or debt. A two-bedroom at $1,604 takes 52% of the needs share.
How much is the electric bill in Indian River County, FL?
Homes in Florida paid 15.1¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $136. Your bill depends mostly on heating and cooling.