Palm Bay-Melbourne-Titusville vs Tampa-St. Petersburg-Clearwater
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Palm Bay-Melbourne-Titusville is 15% cheaper for renters. A 2-bedroom rents for $1,057/mo vs $1,218/mo in Tampa-St. Petersburg-Clearwater — saving $1,932/year.
Rent by Unit Size
| Unit Size | Palm Bay-Melbourne-Titusville | Tampa-St. Petersburg-Clearwater | Difference |
|---|---|---|---|
| Studio | $712 | $817 | $105 |
| 1 Bedroom | $871 | $967 | $96 |
| 2 Bedrooms | $1,057 | $1,218 | $161 |
| 3 Bedrooms | $1,335 | $1,527 | $192 |
| 4 Bedrooms | $1,531 | $1,752 | $221 |
| Median Income | $62,156 | $69,520 | $7,364 |
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
Tampa-St. Petersburg-Clearwater
- Studio
- $817/mo
- 1 BR
- $967/mo
- 2 BR
- $1,218/mo
- 3 BR
- $1,527/mo
- 4 BR
- $1,752/mo
- Median Income
- $69,520/yr
Frequently Asked Questions
Is Palm Bay-Melbourne-Titusville or Tampa-St. Petersburg-Clearwater cheaper to rent in?
Palm Bay-Melbourne-Titusville is cheaper — a 2-bedroom Fair Market Rent is $1,057/mo vs $1,218/mo in Tampa-St. Petersburg-Clearwater. That's $161/mo or $1,932/year more expensive in Tampa-St. Petersburg-Clearwater (15% higher).
What is the 2-bedroom rent in Palm Bay-Melbourne-Titusville vs Tampa-St. Petersburg-Clearwater?
The HUD Fair Market Rent for a 2-bedroom in Palm Bay-Melbourne-Titusville is $1,057/month. In Tampa-St. Petersburg-Clearwater, a 2-bedroom FMR is $1,218/month.
How do incomes compare between Palm Bay-Melbourne-Titusville and Tampa-St. Petersburg-Clearwater?
The median household income in Palm Bay-Melbourne-Titusville is $62,156/year. In Tampa-St. Petersburg-Clearwater it is $69,520/year. Tampa-St. Petersburg-Clearwater has the higher median income.
What is the studio rent in Palm Bay-Melbourne-Titusville vs Tampa-St. Petersburg-Clearwater?
A studio apartment Fair Market Rent in Palm Bay-Melbourne-Titusville is $712/mo. In Tampa-St. Petersburg-Clearwater it is $817/mo.