Cost of Living in Brevard County, Florida
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Brevard County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Brevard County ranks #2,760 of 3,142 counties for affordability (bottom 12%)
Sourced county brief
Brevard County Median Home Value and Housing Cost Analysis
The median home value in Brevard County was $339,600 during the 2020-2024 period, which is $55,275 above the Florida unweighted county mean of $284,325. Median gross rent in the county was estimated at $1,556 per month, exceeding the state unweighted county mean of $1,304. The official median gross rent as a percentage of household income (GRAPI) was 33.3%, which differs from the state unweighted county mean of 32.8% by 0.5 percentage points. For owner-occupied units, the median selected monthly owner cost was $1,233, compared to the state unweighted county mean of $1,039. Median renter-household income was recorded at $52,625. These snapshots are from the U.S. Census Bureau 2020-2024 American Community Survey. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Brevard County
Affordability Verdict
ACS B25071 estimates median gross rent at 33.3% of renter household income in Brevard County, which is between the 30% and 50% rent-burden benchmarks. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $1,556 per month; median selected monthly owner costs are $1,233. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $62,240 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Florida unweighted mean of county median rents is $1,304 per month. Brevard County's $1,556 median is 19.4% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Brevard County
Rent Burden
23.8%
of gross income
Max Housing (28% Rule)
$1,831
per month
Owner Cost Burden
18.9%
of gross income
The median home in Brevard County may be a stretch
Median home value is $339,600. Estimated monthly cost: $2,711 vs. your max of $1,831.
Rent Affordability Guide
Income Needed Calculator
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
What is the cost of living in Brevard County, Florida?
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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