Average Rent in Sebastian, FL↑ Rents rising 7.2% YoY
HUD FY2025 · Official government data · Updated annually · Metro pop. 163,856
Market Overview
Sebastian, FL has rental prices ranging from $1,239/month to $2,601/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,246/month — 11% below the national average of $1,400/month. With a median household income of $71,049/year, spending $1,246/month on a 1-bedroom represents 21% of gross income — within the recommended 30% threshold.
How Sebastian Compares
With an average 2-bedroom rent of $1,567/month, Sebastian ranks #19 most expensive of the 54 cities tracked in Florida — pricier than 93% of all US cities in our data.
The Sebastian Rental Market
The Sebastian, FL area has a population of about 163,856 and 21% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.
Rent Trends
2-bedroom rents in Sebastian, FL have risen by $105/month (7.2%) over the past year, from $1,462 to $1,567. This modest growth is consistent with broader inflationary trends seen across US rental markets.
Affordability
To afford a 1-bedroom apartment in Sebastian, FL without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $49,840. The local median household income of $71,049 exceeds that threshold by $21,209, making Sebastian relatively accessible compared to local wages.
Rent vs. Buy
The median home value in Sebastian, FL is $349,693, giving a price-to-rent ratio of 18.6. With a break-even horizon of approximately 19 years, renting is likely the more financially prudent option for most residents unless they plan to stay long-term.
Neighborhoods
Home values — and by extension rent levels — vary significantly across Sebastian's neighborhoods. Among the highest-value areas are Roseland ($345,449 median home value). Renters on a tighter budget may find better value in less central neighborhoods or in adjacent metros with lower overall rent levels.
Fair Market Rents
HUD FY2025Is Sebastian, FL Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Nearby Cities in FLlargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home Value |
|---|---|---|---|---|---|
| West Palm Beach | $1,639 | $1,830 | $2,187 | $2,856 | — |
| Miami | $1,711 | $1,898 | $2,329 | $3,008 | — |
| Fort Lauderdale | $1,768 | $1,929 | $2,388 | $3,297 | — |
| Tampa | $1,566 | $1,686 | $1,978 | $2,533 | — |
| Orlando | $1,636 | $1,727 | $1,958 | $2,486 | — |
| Jacksonville | $1,381 | $1,454 | $1,730 | $2,163 | — |
Rent or Buy in Sebastian?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Sebastian data
Buying breaks even after 1 year — worth it if you stay 1+ years.
Mortgage Calculator
Estimate monthly payment for $349,693 home at 7% rate
Living in Sebastian
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Frequently Asked Questions
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