Cost of Living in Brevard County, Florida

$1,456/mo
Median Monthly Rent
$304,400
Median Home Value
18% above state averageUnaffordable

At a Glance

Median Monthly Rent
$1,456/mo
18% above state average
Median Home Value
$304,400
8% above national
Rent-to-Income Ratio
32.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Brevard County Compares

Median monthly rent comparison

Brevard County$1,456/mo
Florida Average$1,233/mo
National Median$1,163/mo

Detailed Housing Stats

$1,456/mo
Median Gross Rent
$304,400
Median Home Value
$1,144/mo
Monthly Owner Cost
32.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Brevard County, Florida

Brevard balances strong income with high rents

Brevard County renters spend 23.0% of income on housing—just below the national threshold—thanks to a median income of $75,817, above the U.S. average. At $1,456 monthly, rents are steep, but household earnings cushion the burden.

Premium coastal county with manageable burden

Brevard's 23.0% rent-to-income ratio sits slightly below Florida's 22.5% average, a rare win for a high-rent county. The Space Coast's $1,456 median rent ranks third-highest statewide, yet strong local incomes keep affordability reasonable.

Costlier than inland peers, worth the trade

Brevard's $1,456 rent exceeds Alachua ($1,255), Charlotte ($1,289), and most rural counties, rivaled only by Broward ($1,804). But Brevard's median income of $75,817 is among Florida's strongest, making the math work better than raw rent suggests.

Homeownership offers modest savings

Brevard renters and homeowners face similar burdens—23.0% and 18.1% respectively—but the $304,400 median home value is steep. Strong local incomes from aerospace and tech jobs make ownership achievable for higher earners, though it requires substantial down payments.

High-income professionals' space coast choice

Brevard County suits higher earners seeking coastal lifestyle without the Broward price shock—incomes here are among Florida's best. If you're tech or aerospace-employed with household income above $75,000, Brevard's 23% housing burden is quite manageable.

Affordability Calculator

See how your income compares to housing costs in Brevard County

$

Rent Burden

23.0%

of gross income

Max Housing (28% Rule)

$1,769

per month

Owner Cost Burden

18.1%

of gross income

The median home in Brevard County may be a stretch

Median home value is $304,400. Estimated monthly cost: $2,430 vs. your max of $1,769.

Rent Affordability Guide

Your rent-to-income ratio23.0%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Brevard County, Florida?
Brevard County, Florida has a median monthly rent of $1,456/mo and a median home value of $304,400. The affordability rating is Unaffordable, with rent making up approximately 32.0% of median household income.
What is the median rent in Brevard County?
The median gross rent in Brevard County is $1,456/mo. This is 18% above state average for Florida.
Is Brevard County affordable?
Brevard County is rated Unaffordable based on rent-to-income ratio of 32.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Brevard County's rent compare to the state average?
Brevard County's median rent of $1,456/mo is 18% above state average of $1,233/mo for Florida.
What is the median home value in Brevard County?
The median home value in Brevard County, Florida is $304,400. This is 8% above the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.