ZIP Code · FL

ZIP 32920

Part of Cape Canaveral, FL

Pop. 10,005·Brevard County·444th most expensive ZIP in Florida

Median rent (all units)

$1,886/mo

Year-over-Year

+1.7%

Month-over-Month

+0.3%

vs US Median

-$46

Reported rents

Stable (Monthly)

Be the first to discuss 32920 rents ↓

Most AffordableMost Expensive

ZIP 32920 · $1,886

More expensive than 55% of US ZIP codes · National median $1,932/mo

Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$990

1 BR

$1,160

2 BR

$1,340

3 BR

$1,830

4 BR+

$2,070

Research median

$1,340/mo

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

Rent trends

12-month history

Loading…

Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 32920 is 0.1% below its high of $1,888 in May 2026, at $1,886 as of September 2026.

Past year vs. the rest of Florida

Rent in ZIP 32920 changed +1.7% over the year to September 2026. Across the 623 Florida ZIP codes Zillow tracks, the typical change was +1.8%.

Recent direction

Rent has risen 3 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($66,955) is $1,674 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,340); a 3-bedroom is $1,830.

Cheaper nearby

ZIP 32922, 8 miles away, rents for 32% less ($1,279/mo), about $7,300 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 32920. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$22,632/yr

At $1,886/mo median

Location

CityCape Canaveral

StateFL

CountyBrevard County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (1.7% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+1.7% YoY, +0.3% MoM), not inventory.

Demographics

Who lives here

ZIP 32920 (Cape Canaveral, FL) is majority owner-occupied, has a large retiree population, 36.2% of residents hold a bachelor's degree or higher.

Population

10,005

Median income

$66,955

Median age

Renters

41.3%

Age distribution

19.5%

28.5%

35.7%

Under 185.1%

18–3411.2%

35–5419.5%

55–6428.5%

65+35.7%

Gender

51.2%

48.8%

Male51.2%

Female48.8%

Race & ethnicity

88.6%

White88.6%

Hispanic9.2%

Asian1.3%

Education (25+)

28.8%

31.2%

36.2%

No HS diploma3.8%

HS diploma28.8%

Some college31.2%

Bachelor's+36.2%

Housing tenure

58.7%

41.3%

Owner58.7%

Renter41.3%

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

2022 vs 2026

How ZIP 32920 in Cape Canaveral, FL has changed in 5 years

Rent

$1,644 → $1,886

up 14.7%

Income

$58,396 → $66,955

up 14.7%

Population

9,979 → 10,005

up 0.3%

Renter share

40.1% → 41.3%

+1.2 pts

Bachelor's+

34.8% → 36.2%

+1.4 pts

Median age

58.6 → 60

+1.4 yrs

Compared with 2022, rent in ZIP 32920 in Cape Canaveral, FL has climbed by $242 per month, settling near $1,886 after starting the period at $1,644. Local incomes tracked alongside that move, going from a median of $58,396 in 2021 to $66,955 more recently. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 32920 in Cape Canaveral, FL market of 2022.

Community

Discussions about ZIP 32920

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 32920

About renting in ZIP 32920

Last updated: October 17, 2026

ZIP code 32920 covers Cape Canaveral, FL. The median rent here is $1,886/mo as of October 2026. A 1-bedroom rents for a median of $1,160/mo. A 2-bedroom rents for a median of $1,340/mo.

At 34% of local median household income ($66,955/yr), ZIP 32920 ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 32920?

To keep rent at or below 30% of gross income, you would need to earn at least $75,000/year (about $36/hour full-time) to afford the median rent of $1,886/mo in ZIP 32920. The local median household income is $66,955/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 32920?

Rent in ZIP 32920 has risen 1.7% over the past year as of September 2026. It sits 0.1% below its high of $1,888 in May 2026.

How does ZIP 32920 compare to other ZIPs in Florida?

ZIP 32920 is one of the more affordable among Florida ZIP codes for rent, ranking #444 of 656 at $1,886/mo. Over the year to September 2026, rent in ZIP 32920 changed +1.7%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.