Rental numbers for Brevard County, FL
The typical home here runs -$941 a month at 7.78% with 25% down, breaking even at about 1.6%. 0 of 22 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 7.0%.
- Gross yield
- 6.7%
- typical home, Zillow
- Median ZIP yield
- 7.0%
- 22 ZIPs with full data
- Cash flow
- -$941/mo
- at 7.78%, 25% down
- Typical price
- $342,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,898/mo
- Zillow ZORI, Aug 2026
ZIP codes in Brevard County
26 with published figures
| 32976Micco | $222,000 | $1,570* | 8.5% | 3.9% | -$469 | n/a |
| 32907Palm Bay | $303,000 | $2,134 | 8.5% | 4.7% | -$442 | +4.0% |
| 32927Cocoa | $305,000 | $2,091 | 8.2% | 4.5% | -$491 | +1.2% |
| 32905Palm Bay | $235,000 | $1,578 | 8.1% | 4.0% | -$480 | -1.1% |
| 32908Palm Bay | $318,000 | $2,038 | 7.7% | 4.1% | -$635 | +3.6% |
| 32901Melbourne | $269,000 | $1,683 | 7.5% | 3.7% | -$629 | -0.0% |
| 32922Cocoa | $200,000 | $1,251 | 7.5% | 3.3% | -$532 | +3.6% |
| 32909Palm Bay | $317,000 | $1,982 | 7.5% | 3.8% | -$693 | +1.6% |
| 32920Cape Canaveral | $316,000 | $1,957 | 7.4% | 3.8% | -$705 | +2.1% |
| 32926Cocoa | $326,000 | $1,991 | 7.3% | 3.7% | -$752 | +6.9% |
| 32796Titusville | $273,000 | $1,602 | 7.0% | 3.4% | -$707 | +1.9% |
| 32780Titusville | $275,000 | $1,605 | 7.0% | 3.3% | -$728 | +1.5% |
| 32935Melbourne | $268,000 | $1,554 | 7.0% | 3.2% | -$721 | -2.4% |
| 32937Satellite Beach | $495,000 | $2,672 | 6.5% | 3.3% | -$1,328 | +2.5% |
| 32953Merritt Island | $423,000 | $2,218 | 6.3% | 3.1% | -$1,194 | +4.0% |
| 32931Cocoa Beach | $455,000 | $2,367 | 6.2% | 3.0% | -$1,304 | +7.2% |
| 32952Merritt Island | $439,000 | $2,281 | 6.2% | 3.1% | -$1,246 | +4.5% |
| 32951Melbourne Beach | $617,000 | $3,170 | 6.2% | 3.2% | -$1,690 | n/a |
| 32904Melbourne | $377,000 | $1,928 | 6.1% | 2.8% | -$1,142 | +1.8% |
| 32955Rockledge | $369,000 | $1,867 | 6.1% | 2.7% | -$1,151 | +3.1% |
| 32903Indialantic | $561,000 | $2,739 | 5.9% | 2.8% | -$1,702 | +2.0% |
| 32940Melbourne | $490,000 | $2,189 | 5.4% | 2.3% | -$1,713 | +0.9% |
| 32950Malabar | $555,000 | $2,100* | 4.5% | 1.8% | -$2,173 | n/a |
| 32949Grant-Valkaria | $518,000 | $1,860* | 4.3% | 1.5% | -$2,165 | n/a |
| 32754Mims | $387,000 | $1,380* | 4.3% | 1.2% | -$1,696 | n/a |
| 32934Melbourne | $493,000 | $1,651 | 4.0% | 1.1% | -$2,198 | -2.4% |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- -0.9%
- Rent, 12 months
- +1.3%
- Rent minus price growth
- +2.2 pts
- Property tax
- 0.68%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $292,053 | $1,579 |
| Aug 2022 | $364,454 | $1,828 |
| Aug 2023 | $361,053 | $1,855 |
| Aug 2024 | $360,499 | $1,864 |
| Aug 2025 | $344,988 | $1,874 |
| Aug 2026 | $341,942 | $1,898 |
HUD Fair Market Rent
FY2027, Palm Bay-Melbourne-Titusville, FL MSA
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $1,327 | $1,525 | $1,779 | $2,382 | $2,707 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 18.9
- 4,880 units, last 12 months
- National percentile
- 89th
- among US counties
Tools
Test a listing in Brevard County against today's rate.
Open the calculatorPart of the Palm Bay, FL metro.
Questions
- Is Brevard County good for rental property?
- The typical home here runs -$941 a month at 7.78% with 25% down, breaking even at about 1.6%. 0 of 22 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 7.0%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Brevard County?
- About 0.68% of value, from Census ACS median taxes paid over median home value. On a $342,000 home that is about $2,329 a year.
- What is Fair Market Rent in Brevard County?
- HUD's FY2027 Fair Market Rent here is $1,525 for a 1-bedroom, $1,779 for a 2-bedroom and $2,382 for a 3-bedroom. Typical cash flow at today's rate is -$941 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.