Brevard County
Florida ยท Pop. 616,742
Ranked #105 of 200 counties
40Moderate
Median Home Price
๐$350K
4.2% YoY
Median Rent
๐$1,600
Median Income
๐ฐ$58K
Rent Burden
๐33.0%
% of income to rent
Housing Shortage
๐๏ธ15,000
estimated unit deficit
Building Permits (2024)
๐5,800
Price-to-Income Ratio
โ๏ธ6.0x
Homeownership Rate
๐ก68.5%
How Brevard County Compares
| Metric | Brevard County | Florida | National |
|---|---|---|---|
| Home Price | $350K | $381K | $410K |
| Rent | $1,600 | $1,719 | $1,500 |
| Income | $58K | $73K | $75K |
| Rent Burden | 33.0% | 37.8% | 30.0% |
| Homeownership | 68.5% | 68.0% | 65.0% |
Key Takeaways
- โข Home prices are 15% below the national average.
- โข Rent is 7% above the national average.
- โข The county has an estimated housing shortage of 15,000 units.
- โข 5,800 building permits were issued in 2024.
- โข Year-over-year home prices changed by 4.2%.