Real Estate Investing in Brevard County, Florida

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

26 ZIP codes • Population: 619,294

Should you buy in Brevard County, FL? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (56/100)

Mixed β€” home prices are stretched relative to local incomes. Run the math on your specific situation.

πŸ“ˆ For Investors
MIXED
3.0 / 5 (52/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 15.1% of homes vacant β€” above national norms.

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3.0/ 5

Investability

County-wide average

3.0/ 5

Appreciation

4.2% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $379,487
Avg Monthly Rent $1,949
ZIP Codes 26

Investing in Brevard County Real Estate

This is a distressed-leaning county in Florida: Brevard has 15 cities, 26 ZIPs, and investment math that only works for investors with genuine local understanding.

A 3.0 rating and a 0.0% 5-year CAGR are the kinds of numbers that warrant real local underwriting. Brevard County sits firmly in that category.

Distressed-leaning demographics in Brevard β€” soft income growth, high rent burden, population shifts β€” are among the reasons the β˜…β˜…β˜…β˜†β˜† rating sits where it does.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in Brevard County, FL. Anonymous, moderated, never written by AI.

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Property managers serving Brevard County

Manage rentals here? List your business →

Solutions Property Management LLC offers residential, multi-family, commercial, and community association property management services in Melbourne, including marketing, tenant screening, rent collect summary from their website

Single-familySmall multifamilyCommercialHOA
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Aamerican Property Management provides services for renters, including rental FAQs, online applications, online payments, and maintenance requests. summary from their website

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All Brevard Property Management is a property management company. summary from their website

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Listings are shown for convenience β€” Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Avg Home Value
$379,487
Avg Monthly Rent
$1,949
1% Rule
βœ— Below
Landlord Friendly (FL)
β˜…β˜…β˜…β˜…β˜…

πŸŽ“ Colleges & Universities in Brevard County

5 Colleges 23,441 Students 4,610 Off-Campus Renters
B
Eastern Florida State College
4-Year Public Β· 13,601 students
πŸ“ ~4,610 students rent off-campus
C+
Florida Institute of Technology
4-Year Private Β· 8,516 students
C
The Salon Professional Academy-Melbourne
Vocational For-Profit Β· 132 students
C
Florida Institute of Technology-Online
4-Year Private Β· 1,071 students
C
Academy of Cosmetology
Vocational For-Profit Β· 121 students

Investor Insight: With 4,610 students living off-campus, Brevard County has substantial rental demand from the college population β€” typically stable, lease-renewing tenants.

Cities in Brevard County

ZIP Codes in Brevard County, FL

32940 β˜… β˜… β˜… β˜… β˜…
Melbourne
Population 49,288
Avg Home $492,859
Avg Rent $2,182/mo
32907 β˜… β˜… β˜… β˜… β˜…
Palm Bay
Population 48,352
Avg Home $304,197
Avg Rent $2,139/mo
32935 β˜… β˜… β˜… β˜… β˜…
Melbourne
Population 41,533
Avg Home $270,403
Avg Rent $1,587/mo
32955 β˜… β˜… β˜… β˜… β˜…
Rockledge
Population 40,413
Avg Home $373,924
Avg Rent $1,924/mo
32909 β˜… β˜… β˜… β˜… β˜…
Palm Bay
Population 39,611
Avg Home $319,759
Avg Rent $2,013/mo
32780 β˜… β˜… β˜… β˜… β˜…
Titusville
Population 39,429
Avg Home $277,135
Avg Rent $1,619/mo
32904 β˜… β˜… β˜… β˜… β˜…
Melbourne
Population 36,885
Avg Home $379,453
Avg Rent $1,920/mo
32901 β˜… β˜… β˜… β˜… β˜…
Melbourne
Population 28,565
Avg Home $269,079
Avg Rent $1,707/mo
32927 β˜… β˜… β˜… β˜… β˜…
Cocoa
Population 28,493
Avg Home $305,960
Avg Rent $2,131/mo
32937 β˜… β˜… β˜… β˜… β˜…
Satellite Beach
Population 27,524
Avg Home $499,548
Avg Rent $2,594/mo
32953 β˜… β˜… β˜… β˜… β˜…
Merritt Island
Population 24,834
Avg Home $426,993
Avg Rent $2,235/mo
32905 β˜… β˜… β˜… β˜… β˜…
Palm Bay
Population 24,473
Avg Home $234,776
Avg Rent $1,590/mo
32926 β˜… β˜… β˜… β˜… β˜…
Cocoa
Population 21,576
Avg Home $328,320
Avg Rent $1,988/mo
32952 β˜… β˜… β˜… β˜… β˜…
Merritt Island
Population 21,354
Avg Home $440,415
Avg Rent $2,328/mo
32796 β˜… β˜… β˜… β˜… β˜…
Titusville
Population 20,749
Avg Home $275,290
Avg Rent $1,612/mo
32934 β˜… β˜… β˜… β˜… β˜…
Melbourne
Population 18,904
Avg Home $496,326
Avg Rent $1,653/mo
32922 β˜… β˜… β˜… β˜… β˜…
Cocoa
Population 15,510
Avg Home $201,588
Avg Rent $1,332/mo
32908 β˜… β˜… β˜… β˜… β˜…
Palm Bay
Population 14,970
Avg Home $320,296
Avg Rent $2,089/mo
32903 β˜… β˜… β˜… β˜… β˜…
Indialantic
Population 13,925
Avg Home $566,078
Avg Rent $2,644/mo
32931 β˜… β˜… β˜… β˜… β˜…
Cocoa Beach
Population 13,893
Avg Home $460,529
Avg Rent $2,292/mo
32754 β˜… β˜… β˜… β˜… β˜…
Mims
Population 11,250
Avg Home $388,737
Avg Rent $1,242/mo
32951 β˜… β˜… β˜… β˜… β˜…
Melbourne Beach
Population 11,168
Avg Home $616,790
Avg Rent $2,869/mo
32920 β˜… β˜… β˜… β˜… β˜…
Cape Canaveral
Population 9,964
Avg Home $316,649
Avg Rent $2,001/mo
32976 β˜… β˜… β˜… β˜… β˜…
Micco
Population 9,237
Avg Home $221,805
Avg Rent $1,413/mo
32950 β˜… β˜… β˜… β˜… β˜…
Malabar
Population 4,573
Avg Home $560,975
Avg Rent $1,890/mo
32949 β˜… β˜… β˜… β˜… β˜…
Grant-Valkaria
Population 2,821
Avg Home $518,767
Avg Rent $1,674/mo

Screen every market in Brevard County

Filter this county’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo). Add weekly alerts when these markets move with Investor Pro+.

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Frequently Asked Questions About Brevard County

Is, FL better for rentals, flips, or BRRRR?

Investors usually favor careful cash-flow rentals with hands-on management in, FL. With home values at $379K and rents near $1,949/mo, other strategies can work but produce measured rather than outsized returns.

How much should I expect to pay for a home in, FL?

Median home price in, FL is near $379K, with a 5-year CAGR of 0.0%. Prices have been predictable and supportive of buy-and-hold strategies.

What is the average monthly rent in, FL?

Average rent in, FL is approximately $1,949/mo per month. Against $379K home values that yields a reasonable rent-to-price ratio.

Do landlords face vacancy issues in, FL?

Vacancy in, FL is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,949/mo.

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