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Rental Market Trends in Cape Canaveral, FL

What is the average rent in Cape Canaveral, FL?

$1,216/month

Average Rent

610 Sq Ft

Average Apartment Size

-2.2%

Decrease in the Last Year

As of October 2025, the average rent in Cape Canaveral, FL is $1,216 per month. This is 25% lower than the national average rent of $1,630/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 $1,123 per month for a studio, $1,216 for a one-bedroom apartment, and around $1,350 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,606 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,123/month
535 Sq Ft
One Bedroom
$1,216/month
610 Sq Ft
Two Bedroom
$1,350/month
753 Sq Ft
Three Bedroom
$1,606/month
850 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,460/month
1,061 Sq Ft
Three Bedroom
$4,280/month
1,256 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,526/month
664 Sq Ft
Two Bedroom
$2,299/month
1,088 Sq Ft
Three Bedroom
$3,294/month
1,834 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,114/month
1,227 Sq Ft
Three Bedroom
$3,121/month
1,811 Sq Ft

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

In the past year, rent has decreased by 2.2%, which averages out to $26 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated October 2025
Legend
2024 2025
Market Trends Over Time

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
$1,425/month
684 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
$1,425/month
684 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
$1,425/month
684 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 $1,216, you’ll want to make about $4,053 per month or $48,636 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

204 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
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
Search

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

299 E Central Blvd

299 E Central Blvd

299 E Central Blvd,
Cape Canaveral, FL 32920

$1,600

2 Beds

Ayana Blu

Ayana Blu

211 Caroline St,
Cape Canaveral, FL 32920

$1,295 - $1,595

Studio - 2 Beds

Oceanside Palms

Oceanside Palms

321 Johnson Ave,
Cape Canaveral, FL 32920

$1,375 - $1,875

1-2 Beds

Harbor Blu

Harbor Blu

201 Chandler St,
Cape Canaveral, FL 32920

$1,195 - $1,495

Studio - 2 Beds

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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 September 2025.

* Percentages may not total 100 due to rounding.

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© 2025 CoStar Group, Inc.

Equal Housing Opportunity