City Report · FL

Cocoa Beach

Pop. 11,377·123rd most expensive in Florida·Cocoa Beach rents have dropped 17.4%, currently a renter's market
Median rent (all units)
$2,247/mo
Year-over-Year
-17.4%
Month-over-Month
+0.9%
vs US Median
+$282
Rising (Monthly)
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Most AffordableMost Expensive
Cocoa Beach · $2,247
More expensive than 71% of US cities · National median $1,965/mo
Rent Reality Score
86/100
Great value
OverheatedFairGreat value

Rents are 18% below what Cocoa Beach's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,247/mo
Expected by trend
$2,740/mo
The Rent Reality Score compares today's median rent to where Cocoa Beach's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,340
1 BR
$1,570
2 BR
$1,820
3 BR
$2,480
4 BR+
$2,830
Research median
$1,820/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$26,964/yr
At $2,247/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 17.4% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-17.4% YoY, +0.9% MoM), not inventory.
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Demographics

Who lives here

Cocoa Beach, FL is majority owner-occupied, has a large retiree population, 49.7% of residents hold a bachelor's degree or higher.

Population
11,377
Median income
$87,990
Median age
59.2
Renters
21.2%
Age distribution
20.2%
25.2%
36.3%
Under 189.2%
18–349.1%
35–5420.2%
55–6425.2%
65+36.3%
Gender
52.2%
47.8%
Male52.2%
Female47.8%
Race & ethnicity
90.1%
White90.1%
Black0.7%
Hispanic6.3%
Asian1.6%
Other1.3%
Education (25+)
16.2%
30.5%
49.7%
No HS diploma3.6%
HS diploma16.2%
Some college30.5%
Bachelor's+49.7%
Housing tenure
78.8%
21.2%
Owner78.8%
Renter21.2%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2022 vs 2026

How Cocoa Beach, FL has changed in 5 years

Rent
$2,198 → $2,247
up 2.2%
Income
$73,901 → $87,990
up 19.1%
Population
11,316 → 11,377
up 0.5%
Renter share
28.6% → 21.2%
-7.4 pts
Bachelor's+
48.7% → 49.7%
+1.0 pts
Median age
57.9 → 59.2
+1.3 yrs

Since 2022, the typical rent in Cocoa Beach, FL has increased from $2,198 to $2,247, a 2.2% change over five years. Household income in the area moved from $73,901 to $87,990 across the same window, up 19.1% versus 2021. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. Renters now make up 21.2% of households, compared with 28.6% five years ago. Reading these numbers side by side helps frame whether current listings in Cocoa Beach, FL look reasonable against where the market sat half a decade ago.

Community

Discussions about Cocoa Beach

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View Cocoa Beach rent history (2015–2026) →
Salary vs rent

Can you afford rent in Cocoa Beach on your salary?

At $2,247/mo, how Cocoa Beach rent compares to typical pay (30% rule).

By apartment size

Cocoa Beach rent by bedroom count

Median rent for each apartment size in Cocoa Beach. Click any size for full breakdown.

Local insights

Tips for renters in Cocoa Beach

About renting in Cocoa Beach, FL

Last updated: July 20, 2026

The median rent in Cocoa Beach is $2,247/mo as of July 2026. A studio apartment averages $1,340/mo while a 2-bedroom runs $1,820/mo. One-bedroom apartments average $1,570/mo and 3-bedroom units go for $2,480/mo.

At 31% of local median household income ($87,990/yr), Cocoa Beach ranks as moderate compared to the national benchmark of 30%. Rents have decreased 17.4% over the past year.

FAQ

Frequently asked questions

Is Cocoa Beach an affordable city for renters?

Cocoa Beach is considered moderate for renters. At $2,247/mo, rent takes approximately 31% of the local median household income ($87,990/yr). The standard benchmark is 30%. Cocoa Beach slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Cocoa Beach?

To keep rent at or below 30% of gross income, you would need to earn at least $90,000/year (~$43/hour full-time) to afford the median rent of $2,247/mo in Cocoa Beach. The local median household income is $87,990/yr, meaning the typical Cocoa Beach household falls short of that threshold.

Is rent going up or down in Cocoa Beach?

Rent in Cocoa Beach has decreased 17.4% over the past year as of July 2026, offering some relief compared to 12 months ago.

How does Cocoa Beach rent compare to other cities in Florida?

Cocoa Beach is middle-of-the-pack for Florida for rent, ranking #123 out of 288 tracked cities at $2,247/mo.

Which nearby cities are cheaper to rent in than Cocoa Beach?

Several nearby cities have lower median rents than Cocoa Beach ($2,247/mo): Rockledge ($1,935/mo), Cape Canaveral ($2,051/mo), Merritt Island ($2,092/mo).

What percentage of Cocoa Beach residents rent vs. own?

According to Census data, approximately 21.2% of Cocoa Beach households are renters, while 78.8% are owner-occupied. Cocoa Beach leans toward homeownership, which can mean a smaller rental inventory.

How does Cocoa Beach rent compare to the national average?

Cocoa Beach's median rent of $2,247/mo is $282 (14%) above the US national median of $1,965/mo. Within Florida, it ranks #123 out of 288 tracked cities.
Income Affordability
31%
MODERATE

At $2,247/mo, rent takes ~31% of Cocoa Beach's median household income ($87,990/yr). The standard benchmark is 30%.

Cocoa Beach 31%Benchmark 30%
State income taxNone
Run the Cocoa Beach affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Cocoa Beach, FL

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