CostBy County

Cost of Living in Brevard County, Florida

$1,556/mo
Median Monthly Rent
$339,600
Median Home Value

At a Glance

Median Monthly Rent
$1,556/mo
19% above state average
Median Home Value
$339,600
2% above national
Census GRAPI
33.3%
Median gross rent as % of renter income

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

Affordability Rating
Stretched
Median gross rent is 30–50% of renter household income

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

Brevard County$1,556/mo
Florida Average$1,304/mo
National Median$1,413/mo

Detailed Housing Stats

$1,556/mo
Median Gross Rent
$339,600
Median Home Value
$1,233/mo
Monthly Owner Cost
33.3%
Census GRAPI

National Ranking

Affordability Rank

Brevard County ranks #2,760 of 3,142 counties for affordability (bottom 12%)

Most AffordableLeast Affordable

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.

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

Your entered rent as a share of entered income23.8%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $78,476Needed: $62,240
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $78,476Needed: $52,843
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? No
Your income: $78,476Needed: $79,034

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?
Brevard County, Florida has a median monthly rent of $1,556/mo and a median home value of $339,600. The affordability rating is Stretched, with median gross rent equal to approximately 33.3% of renter household income.
What is the median rent in Brevard County?
The median gross rent in Brevard County is $1,556/mo. This is 19% above state average for Florida.
Is Brevard County affordable?
Brevard County is rated Stretched using the Census median gross-rent-as-a-percentage-of-income measure of 33.3%. Median gross rent is 30–50% of renter household income.
How does Brevard County's rent compare to the state average?
Brevard County's median rent of $1,556/mo is 19% above state average of $1,304/mo for Florida.
What is the median home value in Brevard County?
The median home value in Brevard County, Florida is $339,600. This is 2% above the national median home value of $332,700.

Counties with Similar Housing Costs

Sponsored

Planning a Move?

Researching the cost of living in Brevard County, Florida? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes
Sponsored

Compare Mortgage Rates in Brevard County

Whether you're buying in Brevard County, Florida, or refinancing, compare rates from top lenders using the terms each lender provides.

See Today's Rates
Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.