salaryRent is higher than in 50% of U.S. cities. A typical house costs about 5.1 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $66,320 a year. That is $32 an hour at a full-time job.
Is rent cheaper than other Florida cities?
Yes. Rent here is cheaper than in most of Florida. It is number 129 of 479 cities from cheapest to most expensive.
How much do households earn in Cape Canaveral?
Share of households by yearly income. 20.9% of households earn $100,000 or more.
Rent by apartment size in Cape Canaveral
| Size | Cape Canaveral | U.S. average |
|---|---|---|
| Studio | $1,236 | $1,338 |
| 1 bedroom | $945 | $1,324 |
| 2 bedrooms | $1,496 | $1,509 |
| 3 bedrooms | $2,514 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Cape Canaveral overall?
Everyday prices in Florida overall are 3% above the U.S. average (index 103.4, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Cape Canaveral, so the Florida figure is shown.
Taxes and bills in Cape Canaveral
Life in Cape Canaveral
Is it cheaper to rent or buy in Cape Canaveral?
Renting is cheaper right now: about $926 a month less.
Owning assumes a typical $372,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $37,240 for the down payment.
Frequently asked questions
What is the average rent in Cape Canaveral, FL?
Renting in Cape Canaveral costs a median of about $1,658 a month in 2026, including utilities. The Florida median is $1,963.
How much do I need to make to live in Cape Canaveral?
To keep rent under 30% of income, you need about $66,320 a year, or $32 an hour at a full-time job.
Is Cape Canaveral cheap or expensive?
Cape Canaveral is rated OK: rent takes 27.4% of the typical household income of $72,557. It ranks 129th cheapest of 479 Florida cities we track.
How much are property taxes in Cape Canaveral?
The median homeowner in Cape Canaveral pays $2,398 a year in property taxes, about 0.64% of the median home value.
Is Cape Canaveral more expensive than the national average?
Overall prices in Florida are 3% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Cape Canaveral?
The median home value in Cape Canaveral is $372,400, about 5.1 times the typical yearly household income.
10,006 people live in Cape Canaveral. Numbers are typical (middle) values.