Can A Real Estate Agent Afford Rent in Cocoa, FL?

Stretched but workable — rent takes 38% of gross income.

Cocoa rent: June 2026. Salary: BLS OEWS May 2024 (Florida state estimate).

Cocoa median rent
$1,931/mo
Real Estate Agent salary (Florida)
$60,989/yr
Rent as % of income
38%
Gross monthly income works out to about $5,082, and the 30% rule supports up to $1,525/mo in rent. Cocoa's median rent of $1,931 exceeds that threshold by $406/mo, putting a real estate agent salary into the rent-burdened range here. A real estate agent works roughly 65.9 hours a month to cover that rent.

About rent and a real estate agent salary

Real estate agent pay is commission-driven and varies widely with local market conditions. The BLS mean averages high and low producers. At the national-average agent salary, the 30% rule supports about $1,640 a month in rent — though successful agents in active markets earn well above this.

Cheaper rent nearby

These Florida cities have lower median rent than Cocoa, which improves the affordability math on a real estate agent salary:

Lake Mary, FL
$1,930/mo (38% of income)
Bartow, FL
$1,930/mo (38% of income)
Pinellas Park, FL
$1,930/mo (38% of income)

Compare with full rent data for Cocoa

View full rent data for Cocoa, FL

Frequently asked questions

Can a real estate agent afford rent in Cocoa, FL?

Median rent in Cocoa is $1,931 a month. A typical real estate agent in Florida earns about $60,989 a year, which makes that rent 38% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can a real estate agent afford in Cocoa?

Using the 30% rule, a real estate agent salary in Florida (~$60,989/yr) supports up to $1,525 a month in rent. Cocoa's current median rent is $1,931/mo, which is $406/mo over the affordability threshold.

How many hours does a real estate agent work to cover rent in Cocoa?

At an hourly equivalent of about $29 an hour, a real estate agent in Florida works roughly 65.9 hours a month to cover Cocoa's median rent of $1,931.

Where is rent cheaper than Cocoa for a real estate agent?

Nearby Florida cities with lower median rent include Lake Mary ($1,930/mo), Bartow ($1,930/mo), Pinellas Park ($1,930/mo). Each shifts the affordability math materially on a real estate agent salary.

Methodology: Salary uses the BLS-derived Florida state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Cocoa, FL. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.