2 Days Ago
Location
5275 N Highway 1 #2, Melbourne, FL 32940, USA
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Property Overview
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- Middle school nearby
- Images available
Great for
Eco living
Social life
Amenities for 5275 N Highway 1 #2
Apartment Amenities
| Ceiling Fan | Central Air |
| Electric Heating |
Building
| Onsite Laundry |
Services
| Package Service |
Other
| View Type: River | View Type: Water |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
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About 5275 N Highway 1 #2
Property Status: Active Enjoy waterfront living in this charming 1-bedroom, 1-bath riverfront rental, perfectly situated in a central location close to shopping, dining, entertainment, and major roadways. Wake up to beautiful water views and relax in a peaceful setting while still being minutes from everything you need. This pet-friendly residence welcomes your furry companions and offers added value with water service included in the rent. Residents also enjoy access to a free on-site laundry center for added convenience. Whether you're looking for a serene retreat or an easy commute, this riverfront gem combines comfort, convenience, and scenic living in one exceptional package. Schedule your showing today! Office Phone: (321) 258-1716 Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 5275 N Highway 1, Palm Shores, FL 32940, USA compares to other nearby properties.
Positives
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
- Middle school nearby
- There is a middle school 3 miles away
- Images available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building or in-unit
- Package service
- More secure storage for delivery
Considerations
- Greater distance from high schools
- The nearest high school is farther than 4 miles away
- Greater distance from grade schools
- The nearest elementary school is farther than 2 miles away
- No covered parking
- Garage or covered parking isn't listed as an amenity here
- No in-unit dishwasher
- Dishwashers aren't available
Address details
| Zip code | 32940 |
|---|---|
| Type | Apartment for rent |
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Rent trends in Melbourne
1-bedroom apartments at 5275 N Highway 1 #2 cost about 15% less than the average rent price for 1-bedroom apartments in Melbourne.
Median rents as of Jun 20 2026.
Melbourne
| Month | Median Rent |
|---|---|
| July 2024 | $1,557 |
| August 2024 | $1,523 |
| September 2024 | $1,513 |
| October 2024 | $1,523 |
| November 2024 | $1,558 |
| December 2024 | $1,496 |
| January 2025 | $1,520 |
| February 2025 | $1,495 |
| March 2025 | $1,463 |
| April 2025 | $1,400 |
| May 2025 | $1,400 |
| June 2025 | $1,400 |
| July 2025 | $1,400 |
| August 2025 | $1,427 |
| September 2025 | $1,438 |
| October 2025 | $1,408 |
| November 2025 | $1,395 |
| December 2025 | $1,408 |
| January 2026 | $1,399 |
| February 2026 | $1,373 |
| March 2026 | $1,367 |
| April 2026 | $1,339 |
| May 2026 | $1,353 |
| June 2026 | $1,404 |
Affordability calculator
Can I afford to live at 5275 N Highway 1 #2?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$48,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $48,000 annually to afford this 1-bedroom monthly rent price of $1,200.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| This month | $1,100 | 1 bed | 1 bath | ||
| 1 year ago | $1,450 | 1 bed | 1 bath | ||
| 1 year ago | $1,450 | 1 bed | 1 bath | ||
| 2 years ago | $1,475 | 1 bed | 1 bath | ||
| 2 years ago | $1,475 | 1 bed | 1 bath | ||
| 2 years ago | $1,425 | 1 bed | 1 bath | ||
| 2 years ago | $1,350 | 1 bed | 1 bath | ||
| 2 years ago | $1,475 | 2 bed | 1 bath | ||
| 2 years ago | $1,475 | 2 bed | 1 bath |
Schools near 5275 N Highway 1 #2
Viera Elementary School
8300 stadium pkwy
melbourne, FL, 32940
PK, K-6Public
A
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Internet available near 5275 N Highway 1 #2
Getting around Melbourne near 5275 N Highway 1 #2
Walking
2/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
2/10
Heads up, bike lanes and cyclist-friendly streets aren’t common.
Transit
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 5275 N Highway 1 #2, Melbourne
Groceries
0/10
Closest supermarket further than a 30-minute walk
Shopping
3/10
Some shops within walking distance
Cafes
1/10
Few or no cafés within walking distance
Restaurants
4/10
Some restaurants within a few minutes’ walk
Primary schools
6/10
At least one elementary school within a 20-minute walk
High schools
6/10
At least one high school within a 20-minute walk
Nightlife
3/10
Some bars within walking distance
Other units at this address
5275 N Highway 1, Palm Shores, FL
5275 N Highway 1 Palm Shores, FL
Occupied
4
1 Bed
1 Bath
$1,350
Ceiling Fan
Occupied
3
1 Bed
1 Bath
$1,450
Occupied
1 Bed, 1 Bath
1 Bed
1 Bath
$1,475
Occupied
1
2 Beds
1 Bath
$1,475
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