ZIP Code · FL

ZIP 32927

Part of Cocoa, FL

Pop. 29,219·Brevard County·290th most expensive ZIP in Florida

Median rent (all units)

$2,142/mo

Year-over-Year

+0.5%

Month-over-Month

-0.1%

vs US Median

+$210

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 32927 · $2,142

More expensive than 68% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,160

1 BR

$1,360

2 BR

$1,570

3 BR

$2,140

4 BR+

$2,430

Research median

$1,570/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: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 32927 is 1.2% below its high of $2,168 in April 2026, at $2,142 as of September 2026.

Past year vs. the rest of Florida

Rent in ZIP 32927 changed +0.5% over the year to September 2026. Across the 623 Florida ZIP codes Zillow tracks, the typical change was +1.8%.

Recent direction

Rent has fallen 2 months in a row, and rose in 4 of the last 12 months.

What a typical income covers

30% of the median household income ($86,075) is $2,152 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,140); a 4-bedroom is $2,430.

Rank in Cocoa

3rd cheapest of 3 ZIP codes in Cocoa.

Cheaper nearby

ZIP 32780, 5 miles away, rents for 25% less ($1,606/mo), about $6,400 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 32927. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$25,704/yr

At $2,142/mo median

Location

CityCocoa

StateFL

CountyBrevard County

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (+0.5% YoY, -0.1% MoM), not inventory.

Demographics

Who lives here

ZIP 32927 (Cocoa, FL) is majority owner-occupied, 21.3% of residents hold a bachelor's degree or higher.

Population

29,219

Median income

$86,075

Median age

45.1

Renters

7.7%

Age distribution

15.7%

21.1%

25.9%

19.3%

18%

Under 1815.7%

18–3421.1%

35–5425.9%

55–6419.3%

65+18%

Gender

50.8%

49.2%

Male50.8%

Female49.2%

Race & ethnicity

84.4%

White84.4%

Black5.4%

Hispanic8.1%

Asian1.1%

Other1%

Education (25+)

29.9%

39.4%

21.3%

No HS diploma9.4%

HS diploma29.9%

Some college39.4%

Bachelor's+21.3%

Housing tenure

92.3%

Owner92.3%

Renter7.7%

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

2022 vs 2026

How ZIP 32927 in Cocoa, FL has changed in 5 years

Rent

$1,873 → $2,142

up 14.4%

Income

$72,276 → $86,075

up 19.1%

Population

28,618 → 29,219

up 2.1%

Renter share

11.5% → 7.7%

-3.8 pts

Bachelor's+

22% → 21.3%

-0.7 pts

Median age

40.9 → 45.1

+4.2 yrs

Five years ago, renters in ZIP 32927 in Cocoa, FL paid around $1,873 a month. That figure now sits near $2,142, up 14.4% from the 2022 baseline. On the earnings side, the typical household in ZIP 32927 in Cocoa, FL now reports about $86,075, up from $72,276 in 2021. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show ZIP 32927 in Cocoa, FL adding about 601 residents over the five-year window, up 2.1% on net. The renter share has eased from 11.5% to 7.7%, with owner-occupied housing accounting for the remainder. For context, the 2022 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 32927 in Cocoa, FL reflects that arc in its own way.

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About renting in ZIP 32927

Last updated: October 17, 2026

ZIP code 32927 covers Cocoa, FL. The median rent here is $2,142/mo as of October 2026. A 1-bedroom rents for a median of $1,360/mo. A 2-bedroom rents for a median of $1,570/mo.

At 30% of local median household income ($86,075/yr), ZIP 32927 ranks as moderate compared to the national benchmark of 30%. Rents have increased 0.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 32927?

To keep rent at or below 30% of gross income, you would need to earn at least $86,000/year (about $41/hour full-time) to afford the median rent of $2,142/mo in ZIP 32927. The local median household income is $86,075/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 32927?

Rent in ZIP 32927 has risen 0.5% over the past year as of September 2026. It sits 1.2% below its high of $2,168 in April 2026.

How does ZIP 32927 compare to other ZIPs in Florida?

ZIP 32927 is in the middle among Florida ZIP codes for rent, ranking #290 of 656 at $2,142/mo. Over the year to September 2026, rent in ZIP 32927 changed +0.5%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.