Melbourne vs St. Petersburg: Housing
| Melbourne | St. Petersburg | |
|---|---|---|
| Median Home Value | $306,400 | $371,100 |
| Median Gross Rent | $1,525/mo | $1,663/mo |
| Homeownership Rate | 59.7% | 62.8% |
| Rent as Share of Income | 27.3% | 26.5% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.