Brevard County, Florida Housing Market Prices
Brevard County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 18% below the Florida median$253,794
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Median rent 7% below the Florida median More expensive than 70% of counties in Florida$1,556
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Brevard County | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $253,794 | $311,338 | $248,835 |
| Price Trend (Annual %) | 7.1% | 11.2% | 7.5% |
| Median Gross Rent | $1,556 | $1,668 | $1,407 |
| Rent Trend (Annual %) | 6.6% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Brevard County is about 18% lower than in Florida. Rent is about 7% lower than the Florida average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Brevard County, up about 7.1% and 6.6% a year respectively. Home prices are changing faster.
Median rent in Brevard County rose about 71.2% between 2015 and 2024, from $909 to $1,556. Over the same span, rent in Florida rose about 66.5%.
Affordability
On average, housing unit costs 3.2 yearly household incomes in Brevard County.
Buying the median-priced home in Brevard County costs roughly 13.6 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Brevard County. The price-to-rent ratio in Florida is about 15.6.
| Metric | Brevard County | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $253,794 | $311,338 | $248,835 |
| Median Household Income | $79,568 | $74,580 | $80,455 |
| Price-to-Income Ratio | 3.2 | 4.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Brevard County rose about 133.2%, while median household income rose about 52.8% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Brevard County | Florida Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 66.0% | 57.7% | 58.5% |
| Rental Rate | 20.1% | 27.7% | 31.2% |
| Vacancy Rate | 13.9% | 14.6% | 10.2% |
| Median Tenure (years) | 14.0 | 13.0 | 15.0 |
| Median Year Moved In | 2012 | 2013 | 2011 |
Brevard County has a homeownership rate of 66.0%, higher than the Florida average of 57.7%. Its housing vacancy rate is 13.9%, compared with 14.6% in Florida.
Housing Stock
| Metric | Brevard County | Florida Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.42 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1988 | 1988 | 1978 |
| Median Number of Rooms | 5.5 | 5.2 | 5.5 |
The typical housing unit in Brevard County was built around 1988. On average, 2.4 people live in a home with about 5.5 rooms, staying for about 14.0 years on average.
Brevard County, FL Housing Compared With Nearby Counties
Brevard County, FL is the 2nd largest of the 6 counties compared here, 628,683 residents against a local median of 481,459. Brevard County, FL's median home price, at $253,794, runs 19% below the $314,989 typical of the counties around it.
Homeownership tells the same story from another angle: 76.7% against a local median of 66.2%, 16% above it. The one measure here that carries a verdict is homeownership, and at 16% above the local median it puts Brevard County, FL at the better end of the local range. The counties themselves spread $131,623 on median home price, so Brevard County, FL sits at one end of an already wide local range rather than apart from it. Brevard County, FL has the 5th highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Brevard County, FL | 628,683 | $253,794 #5/6 | $1,556 #4/6 | 76.7% #2/6 |
| Osceola County, FL | 427,393 | $385,267 | $1,745 | 65.3% |
| Indian River County, FL | 166,866 | $253,645 | $1,357 | 80.1% |
| Orange County, FL | 1,470,874 | $314,989 | $1,774 | 56.8% |
| Seminole County, FL | 481,459 | $348,990 | $1,783 | 66.2% |
| Volusia County, FL | 579,612 | $267,348 | $1,467 | 73.7% |
Frequently Asked Questions
Common questions about the housing market in Brevard County, Florida.
What is the median home price in Brevard County, Florida?
The median home price in Brevard County, Florida is $253,794, lower than the Florida average of $311,338.
What is the average home price in Brevard County, Florida?
The typical home price in Brevard County, Florida, reported as the median sale price, is $253,794. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Brevard County, Florida?
The median gross rent in Brevard County, Florida is $1,556 per month, lower than the Florida average of $1,668.
What was the median gross rent in Brevard County in 2020?
In 2020, the median gross rent in Brevard County, Florida was $1,111 per month.
What is the price-to-rent ratio in Brevard County, Florida?
The price-to-rent ratio in Brevard County, Florida is about 13.6, meaning it would take roughly 13.6 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Brevard County.
Are home prices or rent rising faster in Brevard County, Florida?
Both home prices and rent are rising in Brevard County, up about 7.1% and 6.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in Brevard County, Florida?
66.0% of households in Brevard County, Florida own their home, higher than the Florida average of 57.7%.
What is the vacancy rate in Brevard County, Florida?
The housing vacancy rate in Brevard County, Florida is 13.9%, lower than the Florida average of 14.6%.
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