Madison Grove
295 Royal Tern Cir,
Rockledge, FL 32955
1-3 Beds | $1,694 - $3,403
Rental Market Trends in Cocoa, FL
What is the average rent in Cocoa, FL?
$1,326/month
Average Rent
650 Sq Ft
Average Apartment Size
-2.6%
Decrease in the Last Year
As of July 2025, the average rent in Cocoa, FL is $1,326 per month. This is 19% lower than the national average rent of $1,637/month, making renting in Cocoa more affordable than most cities in the US. When you rent an apartment in Cocoa, you can expect to pay about $1,142 per month for a studio, $1,326 for a one-bedroom apartment, and around $1,635 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,216 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Cocoa, FL?
In the past year, rent has decreased by 2.6%, which averages out to $34 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 July 2025
Legend
2024
2025
Rent Ranges in Cocoa, FL
Last Updated July 2025
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
31%
$700 - $1,000/month
31%
$1,001 - $1,500/month
19%
$1,501 - $2,000/month
19%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Cocoa?
Based on current rent prices, Clear Lake Terrace, Port St John/Cocoa West and Coventry of Cocoa are the most affordable neighborhoods in Cocoa.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Cocoa?
Based on current rent prices, Coventry of Cocoa, Port St John/Cocoa West and Clear Lake Terrace are the most expensive neighborhoods in Cocoa.
Neighborhood
Average Rent
Average Sq Ft
Which Cocoa neighborhoods have the most rentals available?
The neighborhoods in Cocoa with the most apartments available are Port St John/Cocoa West, Coventry of Cocoa and Clear Lake Terrace .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Cocoa, FL?
Because the average rent in Cocoa is $1,326, you’ll want to make about $4,420 per month or $53,040 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.
How does Cocoa, FL compare to other nearby cities and neighborhoods?
Use the tool below to compare Cocoa, 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.
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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
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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.