In Cape Canaveral, a typical home is worth $372,400 and typical rent is $1,318 a month. Compared with all of Brevard County, typical rent is 15% lower, typical household income is 14% lower, and the share of households that own their home is 18 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $294,979 to $317,871.
Typical rent
$1,886a month
▲ 1.5% more than 12 months ago
Typical rent from Zillow, December 2021 to September 2026: from $1,517 to $1,886.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Cape Canaveral is in Brevard County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Brevard County. See the county
What this place has that others do not, from public data, most unusual first.
1
59% of households in Cape Canaveral own their home, against 77% in Brevard County.
2
Nearby, in Cocoa, the typical home value is $246,100: 34% less than in Cape Canaveral ($372,400).
3
Cape Canaveral has the 20th smallest share of rent-burdened renters of the 434 cities in Florida with more than 5,000 people (43%).
4
The typical rent in Cape Canaveral is $1,318 a month, 15% less than in Brevard County as a whole ($1,556).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Cape Canaveral
What homes there are in Cape Canaveral, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Cape Canaveral
Brevard County
Florida
United States
Kind of home: Cape Canaveral and its comparisons
Measure
Cape Canaveral
Brevard County
Florida
United States
Detached house
7%
66%
55%
61%
Attached house
12%
5%
7%
6%
Building of 2 to 4
14%
5%
6%
8%
Apartments (5 or more)
59%
17%
25%
19%
Mobile home
7%
7%
8%
6%
Boat, RV and other
Unreliable estimate
0%
0%
0%
In Cape Canaveral, the apartment is the most common kind of home: 59%, against 17% in Brevard County.
Year built
Before 19601960–19791980–19992000–20092010 or later
Cape Canaveral
Brevard County
Florida
United States
Year built: Cape Canaveral and its comparisons
Measure
Cape Canaveral
Brevard County
Florida
United States
Before 1960
6%
8%
10%
26%
1960–1979
32%
24%
24%
24%
1980–1999
36%
38%
34%
25%
2000–2009
23%
19%
18%
14%
2010 or later
4%
11%
14%
11%
By age, homes in Cape Canaveral look like those in Brevard County: the typical year built is 1985.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limitUnreliable estimate
Under $100K9%
$100K–$200K9%
$200K–$300K16%
$300K–$500K39%
$500K–$750K20%
FHA limit: $541,287
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Cape Canaveral and its comparisons
Measure
Cape Canaveral
Under $100K
9%
$100K–$200K
9%
$200K–$300K
16%
$300K–$500K
39%
$500K–$750K
20%
$750K–$1M
Unreliable estimate
$1M or more
Unreliable estimate
By price, most homes in Cape Canaveral sit under the FHA limit for Brevard County ($541,287): about 77%.
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$99933%
$1,000–$1,49929%
$1,500–$1,99923%
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Cape Canaveral and its comparisons
Measure
Cape Canaveral
Under $500
Unreliable estimate
$500–$999
33%
$1,000–$1,499
29%
$1,500–$1,999
23%
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable estimate
With a mortgage
$1,759 a month
Brevard County: $1,805 a month
Without a mortgage
$860 a month
Brevard County: $608 a month
Owners with a mortgage
40%
Brevard County: 56%
The typical cost for an owner with a mortgage in Cape Canaveral is $1,759 a month, near the figure in Brevard County ($1,805).
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Cape Canaveral+52%
Brevard County+73%
Florida+67%
United States+53%
Typical rent
Cape Canaveral+48%
Brevard County+46%
Florida+42%
United States+33%
Typical household income
Cape Canaveral+23%
Brevard County+38%
Florida+34%
United States+29%
Change since 2015–2019: Cape Canaveral and its comparisons
Measure
Cape Canaveral
Brevard County
Florida
United States
Typical home value
+52%
+73%
+67%
+53%
Typical rent
+48%
+46%
+42%
+33%
Typical household income
+23%
+38%
+34%
+29%
The typical home value in Cape Canaveral rose 52% since 2015–2019, less than in Brevard County (73%).
Much as in Brevard County, the typical rent in Cape Canaveral rose 48% since 2015–2019.
Here income did not keep up with housing: it rose 23%, while home values changed +52% and rent +48%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Cape Canaveral and its comparisons
Measure
Cape Canaveral
Brevard County
Florida
United States
Rental vacancy
23.9%
10.8%
7.6%
5.5%
Homeowner vacancy
Unreliable estimate
1.0%
1.4%
0.9%
More than one person per room
Unreliable estimate
1.5%
3.3%
3.4%
People per household
1.65
2.42
2.51
2.53
Drive alone
68%
75%
70%
69%
Carpool
Unreliable estimate
7%
9%
9%
Public transit
Unreliable estimate
1%
1%
3%
Walk or bike
Unreliable estimate
2%
2%
3%
Work from home
24%
15%
16%
15%
Other means
Unreliable estimate
1%
2%
2%
Typical commute
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
In Cape Canaveral, the rental vacancy rate is 23.9%; in Brevard County, 10.8%.
Households in Cape Canaveral are smaller: 1.65 people on average; in Brevard County, 2.42.
In Cape Canaveral, 24% of workers work from home, more than in Brevard County (15%).
Do the math
What would you pay each month for a home in Cape Canaveral?
A typical home costs more than the typical income allows
We start with a typical home in Cape Canaveral, worth $372,400, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 53% of the typical household income in Cape Canaveral, which is $67,276 a year. For that payment to be 28% of income, a household would need to earn about $128,381 a year.
The calculator's FHA and conventional loan limits are those of all of Brevard County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Cape Canaveral. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $13,034 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$2,996
at 7.18% · 30 years
Loan amount
$365,655
Total interest
$526,092
Paid off in
November 2056
Includes $6,289 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,570 a month
Tight
$1,570 to $2,018 a month
Hard
more than $2,018 a month
Your payment · 53%
Compared with the typical household income in Cape Canaveral ($67,276 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$2,477
Property tax
$199
Home insurance
$155
FHA mortgage insurance (MIP)
$165
You need at least $13,034 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $2,996; principal and interest $2,477.
The city and its county
Cape Canaveral and Brevard County
Cape Canaveral is in Brevard County, Florida. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Cape Canaveral
Map of Brevard County, Florida, with Cape Canaveral marked. Around it, the neighboring counties.
Cape Canaveral
Brevard County
Other cities with a page
Cape Canaveral's own numbers
Typical home value
$372,400
Typical monthly rent
$1,318
Typical yearly household income
$67,276
Households that own their home
59%
Effective property tax rate
0.64%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Brevard County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,779
Price change over 5 years (FHFA)
+54%
Homes in a high flood-risk zone
6.9%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Brevard County.
A typical home in Cape Canaveral is worth $372,400: 10% above the county and 4% above Florida. With the typical household income in Cape Canaveral ($67,276 a year), a typical home costs 5.5 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Cape Canaveral5.5 years
Brevard4.3 years
Florida4.8 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Brevard County
According to FHFA’s house price index, home prices in Brevard County rose 135% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Brevard County.
Yearly change in FHFA’s price index in Brevard County, 2016 to 2025
2016: +13.4% +13.4% 2016
2017: +11.5% +11.5% 2017
2018: +8.3% +8.3% 2018
2019: +5.2% +5.2% 2019
2020: +5.7% +5.7% 2020
2021: +15.9% +15.9% 2021
2022: +24.1% +24.1% 2022
2023: +7.1% +7.1% 2023
2024: +0.9% +0.9% 2024
2025: −0.8% −0.8% 2025
Change in FHFA’s price index in Brevard County, Florida and the United States
Period
County
Florida
U.S.
Last year (2025)
−0.8%
−0.5%
+2.9%
5 years (2020–2025)
+54%
+60%
+47%
10 years (2015–2025)
+135%
+127%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Cape Canaveral next to Brevard County, Florida and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Cape Canaveral$372,400
Brevard$339,600
Florida$359,000
United States$332,700
Typical monthly rent
Cape Canaveral$1,318
Brevard$1,556
Florida$1,669
United States$1,413
Typical yearly household income
Cape Canaveral$67,276
Brevard$78,476
Florida$74,568
United States$80,734
See the full table
Cape Canaveral next to Brevard County and Florida
Measure
Cape Canaveral
Brevard County
Florida
U.S.
Typical home value
$372,400 ▲10% above the county
$339,600
$359,000
$332,700
Typical monthly rent
$1,318 ▼15% below the county
$1,556
$1,669
$1,413
Typical yearly household income
$67,276 ▼14% below the county
$78,476
$74,568
$80,734
Households that own their home
59% ▼18 points below the county
77%
68%
65%
Typical yearly property tax
$2,398 ▲4% above the county
$2,311
$2,730
$3,119
Effective property tax rate
0.64% ▼0.04 points below the county
0.68%
0.76%
0.94%
Renters with high rent for their income
43% ▼12 points below the county
56%
60%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Brevard County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Cape Canaveral
For a typical $372,400 home in Cape Canaveral, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Cape Canaveral's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$2,996a month
Least cash to close
Down payment
$13,034
Cash to close
$24,206
Rate
7.18%
Mortgage insurance
FHA MIP · $165
Conventional, 5% down$2,927a month
Down payment
$18,620
Cash to close
$29,792
Rate
7.18%
Mortgage insurance
PMI · $177
Conventional, 20% down, no PMI$2,372a month
Down payment
$74,480
Cash to close
$85,652
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$2,716a month
Down payment
$55,860
Cash to close
$67,032
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Cape Canaveral
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$2,996
$13,034
$365,655
7.18%
FHA MIP · $165
$24,206
580
Conventional, 5% down
$2,927
$18,620
$353,780
7.18%
PMI · $177
$29,792
620*
Conventional, 20% down, no PMI
$2,372
$74,480
$297,920
7.18%
None
$85,652
620*
ITIN, 15% down (example)
$2,716
$55,860
$316,540
8.18%
None
$67,032
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Cape Canaveral is $1,318 a month: 15% below the county. In Cape Canaveral, 43% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Brevard County, by unit size. To pay the 2-bedroom one ($1,779 a month) without spending more than 30% of your income, you would need to earn $34.21 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Brevard County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,327
$25.52
$53,080
1 bedroom
$1,525
$29.33
$61,000
2 bedrooms
$1,779
$34.21
$71,160
3 bedrooms
$2,382
$45.81
$95,280
4 bedrooms
$2,707
$52.06
$108,280
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Cape Canaveral
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Cape Canaveral is in ZIP code 32920.
For 2 bedrooms it is $1,430: $349 less than the fair market rent for Brevard County ($1,779).
Fair market rent by ZIP code and size in Cape Canaveral, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
32920
$1,070
$1,230
$1,430
$1,910
$2,180
ZIP code2 bd3 bd
32920 $1,430$1,910
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Cape Canaveral when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
There is 1 HUD-approved agency with an office in Brevard County; none says it serves in Spanish.
No down payment, repair or rent-help program on our list is for Cape Canaveral or Brevard County. The ones below are statewide in Florida: they work in Cape Canaveral the same as in the rest of the state.
Florida Housing second loan with no interest and no monthly payments, repaid when you sell or refinance.Offered by Florida Housing Finance Corporation.
The HUD-approved agencies closest to the center of Cape Canaveral, in a straight line, nearest first. If one says it serves in Spanish, its card says so.
No legal help resource on our list is for Cape Canaveral or Brevard County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Cape Canaveral and all of Brevard County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Cape Canaveral?
The typical home value in Cape Canaveral is $372,400, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Brevard County it is $339,600.
How much does it cost to rent in Cape Canaveral?
Typical rent in Cape Canaveral is $1,318 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Brevard County is $1,779.
What is the FHA loan limit in Cape Canaveral?
Cape Canaveral uses the FHA limit for all of Brevard County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Cape Canaveral?
The typical homeowner in Cape Canaveral pays $2,398 a year, according to the U.S. Census Bureau. That is 0.64% of the home’s value; in Brevard County, the rate is 0.68%.
Where can I find free help to buy or rent in Cape Canaveral?
There is 1 HUD-approved counseling agency with an office in Brevard County. They can help you get ready to buy, with your credit, or with rent.
