Brevard County

Florida ยท Pop. 616,742

Ranked #105 of 200 counties

40Moderate

Median Home Price

๐Ÿ 

$350K

4.2% YoY

Median Rent

๐Ÿ”‘

$1,600

Median Income

๐Ÿ’ฐ

$58K

Rent Burden

๐Ÿ“Š

33.0%

% of income to rent

Housing Shortage

๐Ÿ—๏ธ

15,000

estimated unit deficit

Building Permits (2024)

๐Ÿ“‹

5,800

Price-to-Income Ratio

โš–๏ธ

6.0x

Homeownership Rate

๐Ÿก

68.5%

How Brevard County Compares

MetricBrevard CountyFloridaNational
Home Price$350K$381K$410K
Rent$1,600$1,719$1,500
Income$58K$73K$75K
Rent Burden33.0%37.8%30.0%
Homeownership68.5%68.0%65.0%

Key Takeaways

  • โ€ข Home prices are 15% below the national average.
  • โ€ข Rent is 7% above the national average.
  • โ€ข The county has an estimated housing shortage of 15,000 units.
  • โ€ข 5,800 building permits were issued in 2024.
  • โ€ข Year-over-year home prices changed by 4.2%.