Palm Bay-Melbourne-Titusville vs Salem
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Palm Bay-Melbourne-Titusville is 8% cheaper for renters. A 2-bedroom rents for $1,057/mo vs $1,137/mo in Salem — saving $960/year.
Rent by Unit Size
| Unit Size | Palm Bay-Melbourne-Titusville | Salem | Difference |
|---|---|---|---|
| Studio | $712 | $741 | $29 |
| 1 Bedroom | $871 | $913 | $42 |
| 2 Bedrooms | $1,057 | $1,137 | $80 |
| 3 Bedrooms | $1,335 | $1,411 | $76 |
| 4 Bedrooms | $1,531 | $1,615 | $84 |
| Median Income | $62,156 | $53,953 | $8,203 |
Palm Bay-Melbourne-Titusville
- Studio
- $712/mo
- 1 BR
- $871/mo
- 2 BR
- $1,057/mo
- 3 BR
- $1,335/mo
- 4 BR
- $1,531/mo
- Median Income
- $62,156/yr
Salem
- Studio
- $741/mo
- 1 BR
- $913/mo
- 2 BR
- $1,137/mo
- 3 BR
- $1,411/mo
- 4 BR
- $1,615/mo
- Median Income
- $53,953/yr
Frequently Asked Questions
Is Palm Bay-Melbourne-Titusville or Salem cheaper to rent in?
Palm Bay-Melbourne-Titusville is cheaper — a 2-bedroom Fair Market Rent is $1,057/mo vs $1,137/mo in Salem. That's $80/mo or $960/year more expensive in Salem (8% higher).
What is the 2-bedroom rent in Palm Bay-Melbourne-Titusville vs Salem?
The HUD Fair Market Rent for a 2-bedroom in Palm Bay-Melbourne-Titusville is $1,057/month. In Salem, a 2-bedroom FMR is $1,137/month.
How do incomes compare between Palm Bay-Melbourne-Titusville and Salem?
The median household income in Palm Bay-Melbourne-Titusville is $62,156/year. In Salem it is $53,953/year. Palm Bay-Melbourne-Titusville has the higher median income.
What is the studio rent in Palm Bay-Melbourne-Titusville vs Salem?
A studio apartment Fair Market Rent in Palm Bay-Melbourne-Titusville is $712/mo. In Salem it is $741/mo.