The median home in Cape Canaveral, Florida is valued at $313,720, down 4.6% year over year. Typical monthly rent is $2,004, producing a price-to-rent ratio of 13x — below the national average of 18x. Cape Canaveral is part of the Palm Bay-Melbourne-Titusville, FL metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Palm Bay-Melbourne-Titusville, FL stress score, crash risk, and 12-month forecast →

Home Value$313,720

-4.6%

Rent$2,004/mo

AFFORDABILITY

Enter your income for Cape Canaveral.

Income (annual)

Down Payment

$62,744 on $313,720

Stretch — 34.6% of income

Above 28% but manageable with cuts.

PITI$2,161

P/I34.6%

Afford$254K

Gap-$60K

P&I $1,586Tax $225Ins $350

Renting $157/mo cheaper ($2,004 rent)6.50% 30yr, 20% down, county tax + FL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Florida

Compare Cape Canaveral with other housing markets across Florida.

Jupiter Island$9494K Golden Beach$7499K Fisher Island$6393K Lake Buena Vista$6088K Jupiter Inlet Colony$3619K Manalapan$3569K Golf$2871K Boca Grande$2635K

Full Palm Bay-Melbourne-Titusville, FL analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Palm Bay-Melbourne-Titusville, FL metro.

View Palm Bay-Melbourne-Titusville, FL metro →

CAPE CANAVERAL, FL