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Rental Market Trends in Cape Canaveral, FL

What is the average rent in Cape Canaveral, FL?

$1,210/month

Average Rent

610 Sq Ft

Average Apartment Size

+0.1%

Increase in the Last Year

As of July 2025, the average rent in Cape Canaveral, FL is $1,210 per month. This is 26% lower than the national average rent of $1,637/month, making renting in Cape Canaveral more affordable than most cities in the US. When you rent an apartment in Cape Canaveral, you can expect to pay about $1,176 per month for a studio, $1,210 for a one-bedroom apartment, and around $1,378 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,600 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,176/month
535 Sq Ft
One Bedroom
$1,210/month
610 Sq Ft
Two Bedroom
$1,378/month
753 Sq Ft
Three Bedroom
$1,600/month
850 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$4,085/month
1,159 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,593/month
624 Sq Ft
Two Bedroom
$2,113/month
1,070 Sq Ft
Three Bedroom
$3,179/month
1,796 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,286/month
1,130 Sq Ft
Three Bedroom
$2,469/month
1,559 Sq Ft

How much has average rent changed in Cape Canaveral, FL?

In the past year, rent has increased by 0.1%, which averages out to $2 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Cape Canaveral, FL
Last Updated July 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Cape Canaveral, FL
Percentage*
Rent Range
11% Below $700/month
33% $700 - $1,000/month
44% $1,001 - $1,500/month
11% $1,501 - $2,000/month
0% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Cape Canaveral?

Based on current rent prices, Cape Caneveral Beach Gardens is the most affordable neighborhood in Cape Canaveral.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Cape Caneveral Beach Gardens
$1,302/month
580 Sq Ft

What are the most expensive neighborhoods in Cape Canaveral?

Based on current rent prices, Cape Caneveral Beach Gardens is the most expensive neighborhood in Cape Canaveral.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Cape Caneveral Beach Gardens
$1,302/month
580 Sq Ft

Which Cape Canaveral neighborhoods have the most rentals available?

The neighborhood in Cape Canaveral with the most apartments available is Cape Caneveral Beach Gardens .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Cape Caneveral Beach Gardens
$1,302/month
580 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Cape Canaveral, FL?

Because the average rent in Cape Canaveral is $1,210, you’ll want to make about $4,033 per month or $48,396 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Cape Canaveral, FL

210 Available Apartments for Rent

Search for Nearby Apartments

How does Cape Canaveral, FL compare to other nearby cities and neighborhoods?

Use the tool below to compare Cape Canaveral, FL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Cape Canaveral, FL

Apartment Averages

Cape Caneveral Beach Gardens

Cape Canaveral, FL

Cape Caneveral Beach Gardens

Cape Canaveral, FL

Studio
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One Bedroom
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-
Two Bedroom
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Three Bedroom
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Nearby City Rent Trends

  • Cocoa Beach Average Rent
  • Merritt Island Average Rent
  • Rockledge Average Rent
  • Cocoa Average Rent

Apartment communities in Cape Canaveral we think you'll love

Harbor Blu

Harbor Blu

201 Chandler St,
Cape Canaveral, FL 32920

Studio - 2 Beds | $1,150 - $1,595

Ayana Blu

Ayana Blu

211 Caroline St,
Cape Canaveral, FL 32920

Studio - 2 Beds | $1,170 - $1,545

Oceanside Palms

Oceanside Palms

321 Johnson Ave,
Cape Canaveral, FL 32920

2 Beds | $1,050 - $1,150

211 Circle Dr

211 Circle Dr

211 Circle Dr,
Cape Canaveral, FL 32920

1 Bed | $1,450

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United States Florida Cape Canaveral Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity