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RE Intelligence

Rental numbers for the Sebastian, FL metro

The typical home here runs -$849 a month at 7.78% with 25% down, breaking even at about 2.7%. 0 of 6 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 7.9%.

Gross yield
7.1%
typical home, Zillow
Median ZIP yield
7.9%
6 ZIPs with full data
Cash flow
-$849/mo
at 7.78%, 25% down
Typical price
$364,000
Zillow ZHVI, Aug 2026
Typical rent
$2,170/mo
Zillow ZORI, Aug 2026

ZIP codes in the metro

8 with published figures

32962Vero Beach$260,000$1,9018.8%4.9%-$349-0.1%
32960Vero Beach$281,000$2,0308.7%4.8%-$385+2.0%
32967Vero Beach$405,000$2,7788.2%4.7%-$612+8.2%
32958Sebastian$346,000$2,2047.6%4.1%-$688+9.1%
32966Vero Beach$329,000$2,0357.4%3.8%-$729-0.3%
32968Vero Beach$428,000$2,310*6.5%3.2%-$1,159n/a
32963Indian River Shores$1,058,000$5,6306.4%3.5%-$2,644n/a
32948Fellsmere$336,000$1,270*4.5%1.3%-$1,450n/a

* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.

Trends

Five years to August 2026

Price, 12 months
-1.5%
Rent, 12 months
+3.0%
Rent minus price growth
+4.5 pts
Property tax
0.66%
effective rate, ACS 2024
Typical value (Zillow ZHVI) Rent (Zillow ZORI)Indexed to 100 at Aug 2021
10011012013020222023202420252026
Show the numbers
MonthTypical valueRent
Aug 2021$307,628$1,672
Aug 2022$395,368$1,910
Aug 2023$392,842$2,000
Aug 2024$392,661$2,054
Aug 2025$369,764$2,107
Aug 2026$364,169$2,170

Counties

Tools

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Questions

Is the Sebastian, FL metro good for rental property?
The typical home here runs -$849 a month at 7.78% with 25% down, breaking even at about 2.7%. 0 of 6 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 7.9%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
Which ZIP codes in the Sebastian, FL metro have the highest rental yield?
32962 (Vero Beach) at 8.8%, 32960 (Vero Beach) at 8.7%, 32967 (Vero Beach) at 8.2%, on Zillow value and rent. The full table above sorts by any column.

Sources and method

Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.

Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.