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:
7.28%
as of Oct 1
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 |
|---|---|---|---|---|---|---|
| 32907 | Palm Bay | FL | $304,197 | $2,139 | 5.49% | |
| 32951 | Melbourne Beach | FL | $617,786 | $3,233 | 4.08% | |
| 32926 | Cocoa | FL | $331,004 | $1,925 | 4.54% | |
| 32901 | Melbourne | FL | $265,977 | $1,660 | 4.87% | |
| 32937 | Satellite Beach | FL | $488,966 | $2,668 | 4.26% | |
| 32903 | Indialantic | FL | $553,070 | $2,729 | 3.85% | |
| 32940 | Melbourne | FL | $480,028 | $2,162 | 3.51% | |
| 32908 | Palm Bay | FL | $320,296 | $2,089 | 5.09% | |
| 32952 | Merritt Island | FL | $438,602 | $2,077 | 3.69% | |
| 32927 | Cocoa | FL | $302,746 | $2,108 | 5.43% | |
| 32754 | Mims | FL | $391,558 | $1,242 | 2.47% | |
| 32931 | Cocoa Beach | FL | $456,899 | $2,606 | 4.45% | |
| 32904 | Melbourne | FL | $374,396 | $1,985 | 4.14% | |
| 32949 | Grant-Valkaria | FL | $478,412 | $1,674 | 2.73% | |
| 32909 | Palm Bay | FL | $319,759 | $2,013 | 4.91% | |
| 32953 | Merritt Island | FL | $425,821 | $2,338 | 4.28% | |
| 32920 | Cape Canaveral | FL | $316,649 | $2,001 | 4.93% | |
| 32955 | Rockledge | FL | $373,106 | $1,954 | 4.08% | |
| 32780 | Titusville | FL | $277,008 | $1,653 | 4.65% | |
| 32934 | Melbourne | FL | $493,435 | $1,789 | 2.83% | |
| 32905 | Palm Bay | FL | $232,215 | $1,577 | 5.30% | |
| 32950 | Malabar | FL | $533,860 | $1,890 | 2.76% | |
| 32922 | Cocoa | FL | $201,588 | $1,332 | 5.16% | |
| 32976 | Micco | FL | $228,692 | $1,413 | 4.82% | |
| 32796 | Titusville | FL | $273,501 | $1,723 | 4.91% | |
| 32935 | Melbourne | FL | $270,319 | $1,602 | 4.62% | |
| 32907 | Palm Bay | FL | $297,858 | $2,012 | 5.27% | |
| 32951 | Melbourne Beach | FL | $621,793 | $2,968 | 3.72% | |
| 32908 | Palm Bay | FL | $314,247 | $2,103 | 5.22% | |
| 32952 | Merritt Island | FL | $430,046 | $1,902 | 3.45% | |
| 32926 | Cocoa | FL | $328,320 | $1,988 | 4.72% | |
| 32901 | Melbourne | FL | $270,566 | $1,757 | 5.07% | |
| 32937 | Satellite Beach | FL | $501,128 | $2,687 | 4.18% | |
| 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% | |
| 32754 | Mims | FL | $378,652 | $1,242 | 2.56% | |
| 32927 | Cocoa | FL | $305,960 | $2,131 | 5.43% | |
| 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% | |
| 32920 | Cape Canaveral | FL | $312,954 | $1,819 | 4.53% | |
| 32955 | Rockledge | FL | $366,838 | $1,936 | 4.12% | |
| 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% | |
| 32905 | Palm Bay | FL | $237,007 | $1,573 | 5.18% |
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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.