• Renter Tools
    • Favorites
    • Saved Searches
  • Manage Rentals
  • Apartments For Rent
  • Houses For Rent
  • Condos For Rent
  • Townhomes For Rent
  • Help Center
  • Area Guide
  • Rent Calculator

Language

Apartments.com Logo
Manage Rentals      Sign Up / Sign In
Add a Property

Rental Market Trends in Cape Canaveral, FL

What is the average rent in Cape Canaveral, FL?

$1,211/month

Average Rent

610 Sq Ft

Average Apartment Size

-2.2%

Decrease in the Last Year

As of April 2026, the average rent in Cape Canaveral, FL is $1,211 per month. This is 26% lower than the national average rent of $1,641/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 $1,137 per month for a studio, $1,211 for a one-bedroom apartment, and around $1,384 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,609 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,137/month
535 Sq Ft
One Bedroom
$1,211/month
610 Sq Ft
Two Bedroom
$1,384/month
753 Sq Ft
Three Bedroom
$1,609/month
850 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,258/month
860 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,498/month
616 Sq Ft
Two Bedroom
$2,297/month
1,113 Sq Ft
Three Bedroom
$2,798/month
1,939 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,150/month
1,173 Sq Ft
Three Bedroom
$3,002/month
1,723 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Cape Canaveral, FL
Last Updated April 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 $1,211, you’ll want to make about $4,036 per month or $48,432 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

186 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

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

$1,195 - $1,595

Studio - 2 Beds

Oceanside Palms

Oceanside Palms

321 Johnson Ave,
Cape Canaveral, FL 32920

$1,375 - $1,875

1-2 Beds

Ayana Blu

Ayana Blu

211 Caroline St,
Cape Canaveral, FL 32920

$1,170 - $1,545

Studio - 2 Beds

363 Harbor Dr

363 Harbor Dr

363 Harbor Dr,
Cape Canaveral, FL 32920

$6,100 Total Monthly Price

3 Beds

Learn More with Helpful Articles

When Is the Best Time to Move?

The pros and cons of moving during each season.

Tips for Finding an Apartment in a New City

Concrete jungle or small-town suburb? Your new home awaits.

Non-Monetary Factors to Consider When Renting or Buying a Home

Money isn't the only matter.

How to Choose an Apartment Community You’ll Love

Avoid renter's remorse - know what to look for in your next apartment.

Explore the Renterverse

Rental management, simplified

Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com

Start managing your rentals
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 February 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.

  • About Us
  • Advertise
  • Legal Notices
  • Privacy Notice
  • Avoid Scams
  • Accessibility
  • Blog
  • Newest Listings
  • Sitemap
apartments.com
© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity