There are 605 active residential unfurnished rentals listings right now in Brevard County Florida. They range from a two bedroom one bath 676 square foot apartment in Melbourne, listed for $300 a month, to a five bedroom, four full, and two half, bath, 5098 square foot house in Indialantic. The rental market in Brevard is pretty good right now. The average DOM (days on the market) for listings currently active is only 68, and the average rental price is $1,134.
In the past thirty days, 451 unfurnished residential rental listings were leased with an average DOM of just 58. This is a much better number than last year for the same thirty days, which was an average DOM of 89 days. That is a difference of thirty-one days. These rental listings ranged from a one bedroom one bath 600 square foot apartment in Titusville, that rented in just eight days for $425; to a 3620 square foot, three bedroom three and a half bath, oceanfront condo in Indialantic, that rented for $3,000, but was on the market for a whopping 198 days. The condo that rented for the second highest amount was a four bedroom, three and a half bath 3288 square foot, oceanfront, in Satellite Beach, which rented for $2800 and was only on the market for thirty-s
ix days.
Sixteen of the listings were rented for $2,000 or more and these properties averaged 72 DOM, with an average rental price of $2,428. That leaves 435 listings that rented for less than $2,000 a month in the last thirty days, with an average rental price of $999. The average rental price overall for the county was $1,050 a month. Which is a ninety-four dollar increase for the same thirty days last year.
In looking at these numbers, I think it is fair to say, that we are starting to see a turnaround in the rental market here in Brevard County. I for one am quite happy to see it. Please keep in mind, that these numbers are based on long-term residential unfurnished listings only, which is the area that I specialize in. Brevard County is a great place to live, move to or invest in. I am so glad that I can call it my home. Just click here for more information about Brevard County, Florida.
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