Rents are right about where Cape Canaveral's 10-year trend predicts.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,886 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
Rent in Cape Canaveral is 0.3% below its high of $1,891 in May 2026, at $1,886 as of September 2026.
Rent in Cape Canaveral changed +1.5% over the year to September 2026. Across the 270 Florida cities Zillow tracks, the typical change was +1.8%.
Rent has risen 3 months in a row, and rose in 6 of the last 12 months.
30% of the median household income ($67,276) is $1,682 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,280); a 3-bedroom is $1,740.
Titusville, 18 miles away, rents for 16% less ($1,585/mo), about $3,600 a year in savings.
From Zillow's monthly rent index (ZORI) for Cape Canaveral. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Cape Canaveral, FL is majority owner-occupied, has a large retiree population, 36.2% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Cape Canaveral, FL has changed in 5 years
Compared with 2022, rent in Cape Canaveral, FL has climbed by $240 per month, settling near $1,886 after starting the period at $1,646. On the earnings side, the typical household in Cape Canaveral, FL now reports about $67,276, up from $58,396 in 2021. For context, the 2022 to 2026 window covers an unusually volatile run for US rents nationally, and Cape Canaveral, FL reflects that arc in its own way.
Discussions about Cape Canaveral
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Can you afford rent in Cape Canaveral on your salary?
At $1,886/mo, how Cape Canaveral rent compares to typical pay (30% rule).
Cape Canaveral rent by bedroom count
Median rent for each apartment size in Cape Canaveral. Click any size for full breakdown.
Tips for renters in Cape Canaveral
Last updated: October 17, 2026
The median rent in Cape Canaveral is $1,886/mo as of October 2026. A studio apartment averages $940/mo while a 2-bedroom runs $1,280/mo. One-bedroom apartments average $1,100/mo and 3-bedroom units go for $1,740/mo.
At 34% of local median household income ($67,276/yr), Cape Canaveral ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.5% over the past year.
Frequently asked questions
How much income do you need to rent in Cape Canaveral?
Is rent going up or down in Cape Canaveral?
How does Cape Canaveral rent compare to other cities in Florida?
Which nearby cities are cheaper to rent in than Cape Canaveral?
At $1,886/mo, rent takes ~34% of Cape Canaveral's median household income ($67,276/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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