Cost of Living in Brevard County, Florida

$1,456/mo
Median Monthly Rent
$304,400
Median Home Value

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

National Ranking

Affordability Rank

Brevard County ranks #2,446 of 3,144 counties for affordability (bottom 22%)

Most AffordableLeast Affordable

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.

Cost of Living Advisory: Brevard County

Affordability Verdict

Brevard County is affordable for renters, with a median gross rent of $1,456/month representing approximately 23.0% of median household income. The rent burden (GRAPI) stands at 32.0%.

Rent vs. Own

The median rent in Brevard County is $1,456/month, while owner costs run $1,144/month. Owning saves approximately $312/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $58,240/year. For owner costs at the 28% rule, the required income is roughly $49,029/year. With a median household income of $75,817, most households can comfortably afford rent here. Notably, 32.0% of renter households in Brevard County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Pinellas County where rent averages $1,525/month, Brevard County is approximately 5% less expensive.

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%

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: $75,817Needed: $58,240
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $75,817Needed: $49,029
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $75,817Needed: $70,842

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 $1,456/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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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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