Cape Canaveral, FL Rental Market Trends
Last updated: November 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Cape Canaveral is $1,344, a 4.89% decrease compared to the previous year, when the average rent was $1,413.
Studio Apartments at $989 offer the most budget-friendly option with 540 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 647 square feet for $1,304, balancing privacy and affordability.
Two-beedroom units at $1,449 offer 801 square feet, perfect for roommates or small families.
Average rent in Cape Canaveral, FL
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,344 | 720 sq. ft. |
| Studio | $989 | 540 sq. ft. |
| 1 Bed | $1,304 | 647 sq. ft. |
| 2 Beds | $1,449 | 801 sq. ft. |
| 3 Beds | n/a | n/a |
Cape Canaveral, FL rent trends
Rental prices in Cape Canaveral, FL have decreased by 4.89% over the past year. The average rent moved from $1,413 to $1,344.
What's the typical rent budget in Cape Canaveral, FL?
The largest share of rentals in Cape Canaveral, FL (95%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Cape Canaveral, FL?
2,305 or 39% of the households in Cape Canaveral, FL are renter-occupied while 3,602 or 61% are owner-occupied.
How Cape Canaveral Compares to Other Cities
| City | Average Rent |
|---|---|
| Cape Canaveral | $1,344 |
| Miami | $2,721 |
| Jacksonville | $1,495 |
| Tampa | $2,009 |
| Kissimmee | $1,821 |
| Fort Myers | $1,758 |
| Fort Lauderdale | $2,727 |
| Orlando | $1,802 |
| Cape Coral | $1,705 |
| St. Petersburg | $2,028 |
| West Palm Beach | $2,407 |
| Palm Bay, FL | $1,542 |
| Sanford, FL | $1,710 |
| Oviedo, FL | $2,193 |
| Saint Cloud, FL | $2,059 |
| Deltona, FL | $1,823 |
| Winter Park, FL | $1,674 |
| Altamonte Springs, FL | $1,624 |
| Maitland, FL | $1,961 |
| Casselberry, FL | $1,622 |
| Rockledge, FL | $1,750 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Cape Canaveral apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.