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Rental Market Trends in Cape Canaveral, FL

Updated September 2026

The average rent in Cape Canaveral, FL is $1,252/month.

Rent in Cape Canaveral is 25% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.

$1,252/month

Average Rent

610 Sq Ft

Average Size

+3.1%

Change / Year

180

Available Apartments

Cape Canaveral rent varies by unit size and layout:

  • Studio apartments in Cape Canaveral average $1,182 per month.
  • One-bedroom apartments in Cape Canaveral average $1,252 per month.
  • Two-bedroom apartments in Cape Canaveral average $1,451 per month.
  • Three-bedroom apartments in Cape Canaveral average $1,621 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,182/month
535 Sq Ft
One Bedroom
$1,252/month
610 Sq Ft
Two Bedroom
$1,451/month
742 Sq Ft
Three Bedroom
$1,621/month
850 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,687/month
627 Sq Ft
Two Bedroom
$2,177/month
1,106 Sq Ft
Three Bedroom
$3,007/month
1,846 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$2,199/month
1,134 Sq Ft
Three Bedroom
$2,766/month
1,667 Sq Ft
View Cape Canaveral Apartments

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

In the past year, rent has increased by 3.1%, which averages out to $39 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Cape Canaveral, FL

September 2026
$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

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

Because the average rent in Cape Canaveral is $1,252, you’ll want to make about $4,173 per month or $50,076 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

180 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.

View the Cape Canaveral Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Cocoa Beach

    Cocoa Beach

    Avg Rent: $977/month

  • Merritt Island

    Merritt Island

    Avg Rent: $1,154/month

  • Rockledge

    Rockledge

    Avg Rent: $1,649/month

  • Cocoa

    Cocoa

    Avg Rent: $1,441/month

Apartment Communities in Cape Canaveral We Think You'll Love

Harbor Blu

Harbor Blu

201 Chandler St,
Cape Canaveral, FL 32920

Studio - 2 Beds | $1,200 - $1,595

Ayana Blu

Ayana Blu

211 Caroline St,
Cape Canaveral, FL 32920

Studio - 2 Beds | $1,225 - $1,595

425 Pierce Ave

425 Pierce Ave

425 Pierce Ave,
Cape Canaveral, FL 32920

3 Beds | $3,800

Oceanside Palms

Oceanside Palms

321 Johnson Ave,
Cape Canaveral, FL 32920

1-2 Beds | $1,375 - $1,875

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Frequently Asked Questions

What is the average rent in Cape Canaveral?

The average rent in Cape Canaveral is $1,252 per month, which is 24.8% lower than the national average of $1,665.

What is the average rent for a townhome in Cape Canaveral?

The average rent for a townhome in Cape Canaveral, FL is $2,199 per month.

What is the average rent for a condo in Cape Canaveral?

The average rent for a condo in Cape Canaveral, FL is $1,687 per month.

Are rents going up or down in Cape Canaveral?

Rents in Cape Canaveral, FL are increasing, with prices up 3.1% year-over-year and $39 more per month.

What rent range is most common in Cape Canaveral?

In Cape Canaveral, FL, 44% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

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 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity