Indian River Shores, FL Real Estate

According to census data in the year 2000 there were 2,846 housing units in Indian River Shores. This represents a 24.1% growth from 2,294 in 1990.

Of those housing units, 2,759 were located in either urbanized areas or urban clusters, and 87 were located in what is classified as a rural area.

Homeownership rate in Indian River Shores is about 96.4%. Indian River Shores's vacancy rate, including seasonal lodging, is about 37.7%. Average household size is 1.86 people.

The majority of houses, apartments or condos in Indian River Shores were built after 1985.


Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom1.60%
Two Bedrooms39.90%
Three Bedrooms43.20%
Four Bedrooms12.70%
Five Bedrooms or more2.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size1.88
Median year structure was built1985
Median Value of occupied units$643,100
Median Price asked for vacant units$464,300

Rented Homes, Apartments and Condos

Average Household Size1.27
Median year structure was built1982
Median Monthly Rent asked for vacant units$850

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.20%
Second Mortgage2%
Home Equity Loan2.30%
Simple Mortgage30.80%
Debt Free63.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs12.5%