Average Rent in Cocoa Beach-Cape Canaveral, FL

Current Versus Historical Cocoa Beach-Cape Canaveral, FL Rents

Cocoa Beach-Cape Canaveral rentals average $1,600 for a studio rental to $4,980 for a 4-bedroom rental. The median price of all currently available listings is $2,500, or roughly $2 per square feet.
For the apartment units and housing in November 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $674 (72.82%) year-over-year from $926 to $1,600. 1-bedroom rentals prices have increased by $150 (11.11%) year-over-year from $1,350 to $1,500. 2-bedroom rentals prices have increased by $458 (23.61%) year-over-year from $1,942 to $2,400. 3-bedroom rentals prices have decreased by $108 (-3.51%) year-over-year from $3,083 to $2,975. 4-bedroom rentals prices have increased by $488 (10.87%) year-over-year from $4,492 to $4,980. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 14.29% this month. 1-bedroom rents have gone down by 7.22% this month. 2-bedroom rents have gone up by 2.87% this month. 3-bedroom rents have gone down by 1.60% this month. 4-bedroom rents have gone up by 10.83% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.56 $1,600 $926 (72.82%) $1,058 (51.18%)
1 BR $2.49 $1,500 $1,350 (11.11%) $1,558 (-3.74%)
2 BR $2.14 $2,400 $1,942 (23.61%) $2,008 (19.50%)
3 BR $2.08 $2,975 $3,083 (-3.51%) $2,687 (10.73%)
4+ BR $1.63 $4,980 $4,492 (10.87%) $6,783 (-26.58%)

Historical Rents in Cocoa Beach-Cape Canaveral, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Cocoa Beach-Cape Canaveral

There are a total of 3 cities nearby Cocoa Beach-Cape Canaveral. The average rent in Cocoa Beach-Cape Canaveral is currently $2,400 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Cape Canaveral, FL, with an average rent of $2,200, is the most affordable city nearby. In contrast, the most expensive city near Cocoa Beach-Cape Canaveral, FL is Cocoa Beach, FL. Monthly rents here are on average $2,800 per month.

Let's compare Cocoa Beach-Cape Canaveral, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in Cocoa Beach-Cape Canaveral, FL is 39.22% more expensive than other cities nearby. One bedrooms are equivalent to other nearby cities' one bedroom rents. Two bedrooms in Cocoa Beach-Cape Canaveral, FL are about 12.24% more expensive. Finally, rent for three bedrooms are about 12.50% more expensive. Want more information? Check out the top 3 cities near Cocoa Beach-Cape Canaveral, FL in the following chart.
City Studio 1 Bed 2 Bed All
Cape Canaveral, FL N/A $1,500 $2,150 $2,200
Merritt Island, FL $973 N/A $1,675 $2,400
Cocoa Beach, FL $1,600 $1,500 $2,725 $2,800

Top Neighborhoods Near Cocoa Beach-Cape Canaveral



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Cocoa Beach-Cape Canaveral

Some of these counties include Cocoa-Rockledge, FL, Merritt Island, FL, and Indialantic-Melbourne Beach, FL. The average rent for rentals in these counties is $2,400. That's roughly around $2 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Cocoa-Rockledge, FL. It's average rent per month is $2,145. Vice versa, with an average rent of $2,800, Indialantic-Melbourne Beach, FL is the most expensive county by Cocoa Beach-Cape Canaveral, FL.

In comparison, rent for one bedroom listings in Cocoa Beach-Cape Canaveral, FL is 3.33% more expensive than other counties nearby. Finally, rent for two bedrooms in Cocoa Beach-Cape Canaveral, FL is 30.61% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Cocoa-Rockledge, FL N/A $1,450 $1,700 $2,145
Merritt Island, FL $973 N/A $1,675 $2,400
Indialantic-Melbourne Beach, FL N/A $1,900 $2,650 $2,800

Top Zipcodes Near Cocoa Beach-Cape Canaveral

There is one zipcode in or near Cocoa Beach-Cape Canaveral, FL. The average rent for this zipcode is $1,750.

The following chart includes the zipcode in or near Cocoa Beach-Cape Canaveral, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
32935, Melbourne, FL N/A $1,300 $1,550 $1,750

Frequently Asked Questions - Cocoa Beach-Cape Canaveral Average Rents

What is the average rent price in Cocoa Beach-Cape Canaveral, FL?
The average monthly rental price for Cocoa Beach-Cape Canaveral, FL apartments for rent is approximately $2,500. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Cocoa Beach-Cape Canaveral, FL rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Cocoa Beach-Cape Canaveral, FL.
How much is a studio apartment in Cocoa Beach-Cape Canaveral, FL?
The average monthly rental price for studio apartments is $1,600 and an average price per square feet of $3.56. There are a total of 3 studio apartment listings currently available for rent in Cocoa Beach-Cape Canaveral.
How much is a one bedroom apartment in Cocoa Beach-Cape Canaveral, FL?
The average monthly rental price for one bedroom apartments is $1,500 and an average price per square feet of $2.49. There are a total of 35 one bedroom apartment listings currently available for rent in Cocoa Beach-Cape Canaveral.
How much is a two bedroom apartment in Cocoa Beach-Cape Canaveral, FL?
The average monthly rental price for two bedroom apartments is $2,450 and an average price per square feet of $2.14. There are a total of 98 two bedroom apartment listings currently available for rent in Cocoa Beach-Cape Canaveral.
How have rent prices in Cocoa Beach-Cape Canaveral, FL changed this year?
Rent prices for rentals in Cocoa Beach-Cape Canaveral, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.73%, one bedroom rental prices have changed by 0.11%, two bedroom rental prices have changed by 0.24%, and three bedroom rental prices have changed by -0.04% year-over-year.
What is a reasonable rent price in Cocoa Beach-Cape Canaveral, FL?
A reasonable rent price in Cocoa Beach-Cape Canaveral, FL is around $2,000/month. You can search for these reasonably priced rental listings on RentHop.
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