Vero Beach today
What this means
Values in Vero Beach are down 1.1% over the past year, now 8.2% below the Apr 2024 peak.
A specific house can rent above or below these figures, so pull rental comps for the address. Sources and method: how these figures are built.
Quick facts
| Vero Beach | vs Indian River County | vs Florida | |
|---|---|---|---|
| Population | 17,603 (2025 estimate) | ||
| Growth since 2020 | 7.6% | -0.5 pts | -1.3 pts |
| Median home value | $391,900 | 11% higher | 9% higher |
| Median gross rent | $1,221 | 10% lower | 27% lower |
| Median household income | $69,758 | 5% lower | 6% lower |
| Owner occupied homes | 64.4% | -15.7 pts | -3.2 pts |
| Residents 65 and older | 28.9% | -5.9 pts | +7.6 pts |
| Average commute (minutes) | 18 | 23% lower | 34% lower |
| Homes built 2010 or later | 5.4% | -7.6 pts | -8.8 pts |
| Median property tax paid | $3,350 | 38% higher | 23% higher |
Census survey figures are 2020 to 2024 averages; methods.
Living in Vero Beach
Indian River County seat on the Treasure Coast between the Indian River Lagoon and the Atlantic, chartered in 1919.
As an incorporated city, Vero Beach sets its own zoning inside Indian River County.
Known for: Piper Aircraft; Historic Dodgertown; Cleveland Clinic Indian River Hospital
Development and roads: Vero Beach Regional Airport added commercial jet service in 2023.
Compared with Indian River County as a whole, more of the housing is in apartment and condo buildings (36.8% vs 16.9%); fewer homes are owner occupied (64.4% vs 80.1%); more homes are seasonal or vacation homes (18.2% vs 11.7%) and commutes are shorter (18 vs 24 minutes).
Cities with similar prices and rents: Englewood ($339,900, $1,242), The Villages ($400,100, $1,397), Fort Walton Beach ($321,800, $1,307).
Growth and housing
Population went from 16,361 in 2020 to 17,603 in 2025 (7.6%), versus 8.1% for Indian River County.
The typical home here was built around 1976. This is a multifamily heavy market (36.8% in buildings of 5+ units). Households average 2.24 people.
Each year about 3.7% of residents arrive from other states.
Risks to price in
| Risk item | Detail |
|---|---|
| County average homeowners insurance with wind | $4,334 a year |
| Hurricanes tied to Indian River County since 2000 | Jeanne (2004), Nicole (2022) |
| Coastal county | check flood zone and elevation per address |
Older homes (61.1% built before 1980) draw insurer questions about roofs and wiring. Inspections
16.7% of homes are in buildings of 20 or more units; condo reserves and inspections decide financing. Condo financing
Flood, storms and jobs
Vero Beach has its own flood program rating: CRS class 6, which takes 20% off federal flood premiums in high risk zones. Insured homes in the city filed 1,047 flood claims since 2000, with $31,329,998 paid. For county flood claims, disaster history and jobs, see the Indian River County guide (13.4% of homes there are in high risk zones).
Buying a home in Vero Beach
| 2026 loan limits (county) | Amount |
|---|---|
| FHA, one unit | $541,287 |
| Conforming, one unit | $832,750 |
| Median home value here | $391,900 |
Price to income: 5.6x, compared with 4.8x for the county.
- Conventional: the most common loan in Indian River County.
- FHA: works for the typical $391,900 home here.
- VA: veterans are 8.4% of adults.
Investing in Vero Beach
Long term rentals
| Vero Beach | vs Indian River County | |
|---|---|---|
| Renter occupied homes | 35.6% | +15.7 pts |
| Rental vacancy | 12.6% | +3.1 pts |
| Rent as share of renter income | 32.1% | -2.2 pts |
Short term rentals
Vacation demand is real here, with 18.2% of homes held for seasonal use, and so is the competition.
| Short term rental taxes | Rate |
|---|---|
| County tourist development tax | 5% |
| State sales tax | 6% plus any county surtax |
Nightly rentals depend on local zoning and the HOA; check both. State rules
Property types
| Housing stock | Share |
|---|---|
| Single family detached | 46% |
| Buildings with 5+ units | 36.8% |
| Manufactured homes | 3.6% |
Nearby
Other Florida markets
Sources
- U.S. Census Bureau, American Community Survey 2020 to 2024 5 year estimates. 2020 to 2024.
- U.S. Census Bureau, Population Estimates, Vintage 2025. July 1, 2025.
- U.S. Census Bureau, Building Permits Survey, 2025 annual. 2025.
- FFIEC HMDA Data Browser, originated loans. 2025 and 2024.
- LendingTree: 2026 FHA loan limits in Florida by county (HUD figures). 2026.
- Florida Realtors: FHFA sets 2026 conforming loan limits. 2026.
- Florida Office of Economic and Demographic Research: 2026 local option tourist tax rates. 2026.
- Florida Office of Insurance Regulation, July 2026 Insurance Stability Unit report (average homeowners premium with wind, as of March 31, 2026). March 31, 2026.
- Freddie Mac Primary Mortgage Market Survey. week of October 22, 2026.
- Wikipedia: List of counties in Florida. checked October 2026.
- U.S. Census Bureau county adjacency file. 2024.
- Wikipedia county article and statewide lists (colleges, teams, airports); Florida Defense Support Task Force installation map. checked October 2026.
- Wikipedia article for this place (history, setting, roads). checked October 2026.
- Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted. September 2026.
- Federal Housing Finance Agency House Price Index (county annual, metro and state quarterly, all transactions). through Q2 2026.
- U.S. Census Bureau, Building Permits Survey, January to September 2026 and 2025. September 2026.
- FEMA OpenFEMA, NFIP Residential Penetration Rates. as of August 2026.
- FEMA OpenFEMA, FIMA NFIP Redacted Claims (2000 to 2026). as of September 2026.
- FEMA OpenFEMA, NFIP Community Status Book (Community Rating System class). August 2026.
- FEMA OpenFEMA, Disaster Declarations Summaries (2000 to 2026). October 2026.
- U.S. Census Bureau, County Business Patterns 2023. 2023.
- U.S. Census Bureau, ACS 2020 to 2024, median gross rent by bedrooms (B25031). 2020 to 2024.
- Hurricane landfalls: Wikipedia, List of Florida hurricanes (2000 to present). checked October 2026.
Estimates from public data; they change over time. General information, not investment, tax or legal advice, and not a loan offer. Methods and assumptions.