Palm Bay-Melbourne-Titusville, FL Metro Area - Investment Guide
Metro Area • 15 Cities • 26 ZIP Codes
Avg Home Value
$379,487
Avg Monthly Rent
$1,949
Avg Cap Rate
4.22%
Avg Investability
3.0 ★
Cities
15
ZIP Codes
26
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🏦 30-yr Fixed Rate:
6.76%
as of Sep 10
Source: Freddie Mac PMMS
Best ZIP codes in Palm Bay-Melbourne-Titusville, FL
Every ZIP in the metro, ranked four ways. Free.
Cities in Palm Bay-Melbourne-Titusville, FL
Cape Canaveral
Florida
1 ZIPs
Cocoa
Florida
3 ZIPs
Cocoa Beach
Florida
1 ZIPs
Grant-Valkaria
Florida
1 ZIPs
Indialantic
Florida
1 ZIPs
Malabar
Florida
1 ZIPs
Melbourne
Florida
5 ZIPs
Melbourne Beach
Florida
1 ZIPs
Merritt Island
Florida
2 ZIPs
Micco
Florida
1 ZIPs
Mims
Florida
1 ZIPs
Palm Bay
Florida
4 ZIPs
Rockledge
Florida
1 ZIPs
Satellite Beach
Florida
1 ZIPs
Titusville
Florida
2 ZIPs
Top ZIP Codes by Investability
| ZIP Code | City | State | Home Value | Rent | Cap Rate | Rating |
|---|---|---|---|---|---|---|
| 32754 | Mims | FL | $378,652 | $1,242 | 2.56% | |
| 32927 | Cocoa | FL | $305,960 | $2,131 | 5.43% | |
| 32903 | Indialantic | FL | $566,568 | $2,795 | 3.85% | |
| 32940 | Melbourne | FL | $484,705 | $2,196 | 3.53% | |
| 32909 | Palm Bay | FL | $314,394 | $1,934 | 4.80% | |
| 32953 | Merritt Island | FL | $421,673 | $1,918 | 3.55% | |
| 32920 | Cape Canaveral | FL | $312,954 | $1,819 | 4.53% | |
| 32955 | Rockledge | FL | $366,838 | $1,936 | 4.12% | |
| 32780 | Titusville | FL | $270,471 | $1,711 | 4.93% | |
| 32931 | Cocoa Beach | FL | $460,529 | $2,292 | 3.88% | |
| 32904 | Melbourne | FL | $379,862 | $1,907 | 3.92% | |
| 32949 | Grant-Valkaria | FL | $517,942 | $1,674 | 2.52% | |
| 32905 | Palm Bay | FL | $237,007 | $1,573 | 5.18% | |
| 32950 | Malabar | FL | $550,642 | $1,890 | 2.68% | |
| 32922 | Cocoa | FL | $195,832 | $1,338 | 5.33% | |
| 32976 | Micco | FL | $227,384 | $1,413 | 4.85% | |
| 32796 | Titusville | FL | $267,244 | $1,815 | 5.30% | |
| 32934 | Melbourne | FL | $496,326 | $1,653 | 2.60% | |
| 32901 | Melbourne | FL | $265,839 | $1,806 | 5.30% | |
| 32935 | Melbourne | FL | $270,403 | $1,587 | 4.58% | |
| 32907 | Palm Bay | FL | $303,684 | $2,086 | 5.36% | |
| 32951 | Melbourne Beach | FL | $624,998 | $3,156 | 3.94% | |
| 32926 | Cocoa | FL | $325,821 | $1,912 | 4.58% | |
| 32903 | Indialantic | FL | $547,847 | $2,889 | 4.11% | |
| 32937 | Satellite Beach | FL | $499,548 | $2,594 | 4.05% | |
| 32908 | Palm Bay | FL | $318,981 | $2,094 | 5.12% | |
| 32952 | Merritt Island | FL | $435,893 | $1,893 | 3.39% | |
| 32927 | Cocoa | FL | $298,976 | $2,175 | 5.67% | |
| 32754 | Mims | FL | $390,415 | $1,242 | 2.48% | |
| 32931 | Cocoa Beach | FL | $452,672 | $2,833 | 4.88% | |
| 32904 | Melbourne | FL | $372,182 | $1,948 | 4.08% | |
| 32940 | Melbourne | FL | $492,859 | $2,182 | 3.45% | |
| 32909 | Palm Bay | FL | $318,978 | $2,007 | 4.91% | |
| 32953 | Merritt Island | FL | $427,456 | $1,928 | 3.52% | |
| 32920 | Cape Canaveral | FL | $316,314 | $2,063 | 5.09% | |
| 32955 | Rockledge | FL | $371,620 | $1,955 | 4.10% | |
| 32780 | Titusville | FL | $276,637 | $1,625 | 4.58% | |
| 32934 | Melbourne | FL | $484,057 | $1,702 | 2.74% | |
| 32905 | Palm Bay | FL | $234,092 | $1,625 | 5.41% | |
| 32949 | Grant-Valkaria | FL | $518,767 | $1,674 | 2.52% | |
| 32907 | Palm Bay | FL | $300,056 | $1,965 | 5.11% | |
| 32950 | Malabar | FL | $560,975 | $1,890 | 2.63% | |
| 32922 | Cocoa | FL | $203,585 | $1,392 | 5.33% | |
| 32976 | Micco | FL | $231,014 | $1,413 | 4.77% | |
| 32796 | Titusville | FL | $275,322 | $1,770 | 5.01% | |
| 32935 | Melbourne | FL | $265,289 | $1,611 | 4.74% | |
| 32901 | Melbourne | FL | $270,551 | $1,800 | 5.19% | |
| 32937 | Satellite Beach | FL | $491,789 | $2,881 | 4.57% | |
| 32908 | Palm Bay | FL | $317,551 | $2,048 | 5.03% | |
| 32951 | Melbourne Beach | FL | $616,790 | $2,869 | 3.63% |
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About Palm Bay-Melbourne-Titusville, FL Real Estate Market
The Palm Bay-Melbourne-Titusville, FL metropolitan statistical area (MSA) encompasses 15 cities and 26 ZIP codes. The average home value across the metro is $379,487, with an average monthly rent of $1,949. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.