What is the median rent in Cape Canaveral, FL?
The median gross rent in Cape Canaveral, FL is $1,318 (±$150) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 2,413 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Cape Canaveral, the median gross rent went from $893 in 2015–2019 to $1,318 in 2020–2024 (+47.6%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median gross rent
- $1,318 (±$150)
- Rented homes
- 2,413 (±432)
- $2,000 or more
- 15.5%
- Since 2015–2019
- +47.6%
How much rent costs in Cape Canaveral
| Monthly gross rent | Cape Canaveral | Brevard County | Florida | United States |
|---|---|---|---|---|
| Less than $500 | 0.7% (±0.8 points) | 2.7% | 3.6% | 6.3% |
| $500 to $999 | 32.8% (±10.9 points) | 12.8% | 10.7% | 20.2% |
| $1,000 to $1,499 | 28.5% (±8.5 points) | 31.0% | 26.0% | 28.1% |
| $1,500 to $1,999 | 22.5% (±9.3 points) | 31.4% | 28.8% | 21.1% |
| $2,000 to $2,499 | 7.0% (±4.8 points) | 14.7% | 17.4% | 12.0% |
| $2,500 to $2,999 | 3.1% (±3.1 points) | 4.1% | 7.2% | 5.5% |
| $3,000 or more | 5.4% (±4.6 points) | 3.3% | 6.3% | 6.8% |
The most common range is $500 to $999, paid by 32.8% of renting households.
15.5% of rented homes in Cape Canaveral cost $2,000 or more a month.
Cape Canaveral against Brevard County, its state and the nation
| Cape Canaveral | Brevard County | Florida | United States | |
|---|---|---|---|---|
| Median gross rent | $1,318 (±$150) | $1,556 (±$27) | $1,669 (±$5) | $1,413 |
| Rented homes paying rent | 2,413 (±432) | 57,328 (±1,659) | 2,716,443 (±16,958) | 42,849,984 |
In Cape Canaveral, median gross rent is lower than in Brevard County ($1,556).
It is also lower than in Florida ($1,669).
It is not measurably different from the national figure ($1,413).
In Brevard County, Cape Canaveral ranks 19 of 26 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 528 of 793.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Cape Canaveral has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $893 (±$52) | $1,318 (±$150) | +47.6% | Up after inflation |
| Households that rent | 37.3% (±4.3 points) | 41.4% (±6.4 points) | +4.1 percentage points | Not a measurable change |
| Rental vacancy rate | 20.6% (±6.7 points) | 23.9% (±6.4 points) | +3.3 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near Cape Canaveral
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Cape Canaveral | — | $1,318 (±$150) | — |
| Cocoa Beach | 4.6 mi | $1,569 (±$240) | Not measurably different |
| Tropical Park | 6.3 mi | $1,179 (±$160) | Not measurably different |
| Merritt Island | 7.2 mi | $1,441 (±$77) | Not measurably different |
| North Merritt Island | 8.1 mi | $1,274 (±$246) | Not measurably different |
| Rockledge | 9.5 mi | $1,820 (±$87) | Higher |
| Cocoa | 9.7 mi | $1,274 (±$123) | Not measurably different |
| Sharpes | 10 mi | $856 (±$89) | Lower |
| Cocoa West | 10 mi | $1,162 (±$64) | Not measurably different |
Nearby places with a measurably lower figure: Sharpes, FL ($856).
Nearby places with a measurably higher figure: Rockledge, FL ($1,820).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Brevard County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 13 | Indialantic | $1,554 (±$741) |
| 14 | Melbourne | $1,525 (±$51) |
| 15 | Melbourne Village | $1,473 (±$567) |
| 16 | Merritt Island | $1,441 (±$77) |
| 17 | Micco | $1,430 (±$155) |
| 18 | Titusville | $1,334 (±$68) |
| 19 | Cape Canaveral | $1,318 (±$150) |
| 20 | Melbourne Beach | $1,307 (±$538) |
| 21 (tie) | Cocoa | $1,274 (±$123) |
| 21 (tie) | North Merritt Island | $1,274 (±$246) |
| 23 | Mims | $1,250 (±$470) |
| 24 | Tropical Park | $1,179 (±$160) |
| 25 | Cocoa West | $1,162 (±$64) |
Showing 13 of 26 places in Brevard County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Cape Canaveral
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Cape Canaveral, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Cape Canaveral beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Cape Canaveral, and send estimates and invoices from your phone.
Questions about Cape Canaveral
What is the average rent in Cape Canaveral, FL?
The Census Bureau publishes the median rather than the average: the median gross rent in Cape Canaveral is $1,318 (±$150) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Cape Canaveral?
In Cape Canaveral, the median gross rent went from $893 in 2015–2019 to $1,318 in 2020–2024 (+47.6%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
How many rentals in Cape Canaveral cost more than $2,000 a month?
15.5% of rented homes in Cape Canaveral have a gross rent of $2,000 or more a month, and 0.7% cost less than $500.
Is rent in Cape Canaveral higher than in Brevard County?
In Cape Canaveral, median gross rent is lower than in Brevard County ($1,556).
It is also lower than in Florida ($1,669).
It is not measurably different from the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Cape Canaveral city, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Cape Canaveral city, Florida
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Cape Canaveral city, Florida
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Cape Canaveral city, Florida (place:10250, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Cape Canaveral at a glance
- Rent by bedrooms in Cape Canaveral
- Rent burden in Cape Canaveral
- Renters and owners in Cape Canaveral
- Income and affordability in Cape Canaveral
- Home values in Cape Canaveral
- Homeowner costs in Cape Canaveral
- Property taxes in Cape Canaveral
- Types of homes in Cape Canaveral
- Bedrooms in Cape Canaveral
- Age of homes in Cape Canaveral
- Vacancy rate in Cape Canaveral
- Heating fuel in Cape Canaveral
- Commute and cars in Cape Canaveral
- Population growth in Cape Canaveral
- How long people stay in Cape Canaveral
- Crowding and facilities in Cape Canaveral
- Florida landlord and tenant rules
- Housing across Brevard County
- Florida places ranked by median rent
- Housing data for every place in Florida