What is the rental vacancy rate in Cape Canaveral, FL?
The rental vacancy rate in Cape Canaveral, FL is 23.9% (±6.4 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 2.0% (±2.1 points).
3,184 (±409) homes, 34.4% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Cape Canaveral, the rental vacancy rate went from 20.6% in 2015–2019 to 23.9% in 2020–2024 (+3.3 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 23.9% (±6.4 points)
- Homeowner vacancy rate
- 2.0% (±2.1 points)
- Vacant homes
- 3,184 (±409)
Vacancy in Cape Canaveral against Brevard County, its state and the nation
| Cape Canaveral | Brevard County | Florida | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 23.9% (±6.4 points) | 10.8% (±1.1 points) | 7.6% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 2.0% (±2.1 points) | 1.0% (±0.2 points) | 1.4% (±0.1 points) | 0.9% |
| Vacant housing units | 3,184 (±409) | 41,610 (±1,774) | 1,503,660 (±20,826) | 14,547,859 |
The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.
In Cape Canaveral, the rental vacancy rate is higher than in Brevard County (10.8%).
It is also higher than in Florida (7.6%).
It is higher than the national figure (5.5%).
Rental vacancy rate in places near Cape Canaveral
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Cape Canaveral | — | 23.9% (±6.4 points) | — |
| Cocoa Beach | 4.6 mi | 15.1% (±8.8 points) | Not measurably different |
| Tropical Park | 6.3 mi | 5.8% (±6.8 points) | Lower |
| Merritt Island | 7.2 mi | 18.3% (±5.7 points) | Not measurably different |
| North Merritt Island | 8.1 mi | 24.5% (±16.8 points) | Not measurably different |
| Rockledge | 9.5 mi | 10.7% (±5.0 points) | Lower |
| Cocoa | 9.7 mi | 24.0% (±5.0 points) | Not measurably different |
| Sharpes | 10 mi | 28.1% (±20.5 points) | Not measurably different |
| Cocoa West | 10 mi | 10.9% (±8.3 points) | Lower |
Nearby places with a measurably lower figure: Tropical Park, FL (5.8%), Rockledge, FL (10.7%), Cocoa West, FL (10.9%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Brevard County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 1 | Sharpes | 28.1% (±20.5 points) |
| 2 | North Merritt Island | 24.5% (±16.8 points) |
| 3 | Cocoa | 24.0% (±5.0 points) |
| 4 | Cape Canaveral | 23.9% (±6.4 points) |
| 5 | Melbourne Beach | 22.4% (±24.6 points) |
| 6 | Mims | 20.1% (±16.5 points) |
| 7 | Merritt Island | 18.3% (±5.7 points) |
| 8 | Titusville | 17.9% (±4.8 points) |
| 9 | Cocoa Beach | 15.1% (±8.8 points) |
| 10 | Cocoa West | 10.9% (±8.3 points) |
Showing 10 of 29 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.
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Questions about Cape Canaveral
Is it hard to find a rental in Cape Canaveral?
The rental vacancy rate in Cape Canaveral, FL is 23.9% (±6.4 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.
Is the rental market in Cape Canaveral tighter than it was?
In Cape Canaveral, the rental vacancy rate went from 20.6% in 2015–2019 to 23.9% in 2020–2024 (+3.3 percentage points), not a measurable change.
How many homes are vacant in Cape Canaveral?
An estimated 3,184 (±409) housing units, 34.4% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Cape Canaveral city, Florida
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Cape Canaveral city, Florida
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 DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM
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
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- Types of homes in Cape Canaveral
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- 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 rental vacancy rate
- Housing data for every place in Florida