ZIP Code · FL

ZIP 32931

Part of Cocoa Beach, FL

Pop. 14,174·Brevard County·149th most expensive ZIP in Florida

Median rent (all units)

$2,496/mo

Year-over-Year

+7.0%

Month-over-Month

Stable

vs US Median

+$564

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 32931 · $2,496

More expensive than 80% of US ZIP codes · National median $1,932/mo

Rent check

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,380

1 BR

$1,610

2 BR

$1,860

3 BR

$2,540

4 BR+

$2,880

Research median

$1,860/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 32931 is 0% below its high of $2,496 in August 2026, at $2,496 as of September 2026.

Past year vs. the rest of Florida

Rent in ZIP 32931 changed +7.0% over the year to September 2026. Across the 623 Florida ZIP codes Zillow tracks, the typical change was +1.8%.

What a typical income covers

30% of the median household income ($89,457) is $2,236 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,860); a 3-bedroom is $2,540.

Cheaper nearby

ZIP 32952, 2 miles away, rents for 14% less ($2,159/mo), about $4,000 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 32931. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$29,952/yr

At $2,496/mo median

Location

CityCocoa Beach

StateFL

CountyBrevard County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 7.0% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+7.0% YoY, +0.0% MoM), not inventory.

Demographics

Who lives here

ZIP 32931 (Cocoa Beach, FL) is majority owner-occupied, has a large retiree population, has a median income above the national average, 51.1% of residents hold a bachelor's degree or higher.

Population

14,174

Median income

$89,457

Median age

59.2

Renters

21.2%

Age distribution

21%

26.5%

35%

Under 188.7%

18–348.8%

35–5421%

55–6426.5%

65+35%

Gender

52.6%

47.4%

Male52.6%

Female47.4%

Race & ethnicity

88.8%

White88.8%

Black1.6%

Hispanic6.6%

Asian1.5%

Other1.5%

Education (25+)

15.4%

30%

51.1%

No HS diploma3.5%

HS diploma15.4%

Some college30%

Bachelor's+51.1%

Housing tenure

78.8%

21.2%

Owner78.8%

Renter21.2%

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

2022 vs 2026

How ZIP 32931 in Cocoa Beach, FL has changed in 5 years

Rent

$2,082 → $2,496

up 19.9%

Income

$75,126 → $89,457

up 19.1%

Population

13,469 → 14,174

up 5.2%

Renter share

28.8% → 21.2%

-7.6 pts

Bachelor's+

49.4% → 51.1%

+1.7 pts

Median age

58.2 → 59.2

+1.0 yrs

Compared with 2022, rent in ZIP 32931 in Cocoa Beach, FL has climbed by $414 per month, settling near $2,496 after starting the period at $2,082. Household income in the area moved from $75,126 to $89,457 across the same window, up 19.1% versus 2021. Headcount in the area went from 13,469 to 14,174 between 2021 and 2024, a 5.2% change. About 21.2% of households rent today, against 28.8% in 2021. Reading these numbers side by side helps frame whether current listings in ZIP 32931 in Cocoa Beach, FL look reasonable against where the market sat half a decade ago.

Community

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Local insights

Tips for renters in ZIP 32931

About renting in ZIP 32931

Last updated: October 17, 2026

ZIP code 32931 covers Cocoa Beach, FL. The median rent here is $2,496/mo as of October 2026. A 1-bedroom rents for a median of $1,610/mo. A 2-bedroom rents for a median of $1,860/mo.

At 33% of local median household income ($89,457/yr), ZIP 32931 ranks as moderate compared to the national benchmark of 30%. Rents have increased 7.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 32931?

To keep rent at or below 30% of gross income, you would need to earn at least $100,000/year (about $48/hour full-time) to afford the median rent of $2,496/mo in ZIP 32931. The local median household income is $89,457/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 32931?

Rent in ZIP 32931 has risen 7.0% over the past year as of September 2026. It sits 0% below its high of $2,496 in August 2026.

How does ZIP 32931 compare to other ZIPs in Florida?

ZIP 32931 is one of the pricier among Florida ZIP codes for rent, ranking #149 of 656 at $2,496/mo. Over the year to September 2026, rent in ZIP 32931 changed +7.0%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.