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These days, finding an affordable place to live in the Cocoa area can be challenging. Home prices in Cocoa are now at a median cost of $271,681, lower than the Florida average of $396,783.
The average cost of rent is $1,529/mo in Cocoa, primarily driven by the current value of real estate in the Cocoa area. In Cocoa, 22.08% of households rent, and 40.47% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cocoa is $6,909 per month. Households that rent pay about 22.13% of their income on rent here. Cocoa’s most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cocoa West, FL: less expensive homes
- Port St. John, FL: equally priced homes
- Merritt Island, FL: higher priced homes
- Bellwood, FL: higher priced homes
- Rockledge, FL: higher priced homes
- Cape Canaveral, FL: higher priced homes
- Cocoa Beach, FL: higher priced homes
- Titusville, FL: equally priced homes
- Christmas, FL: higher priced homes
- Wedgefield, FL: higher priced homes
Cities with Similar Populations
- Zanesville, OH: less expensive homes
- Alvin, TX: less expensive homes
- Strongsville, OH: higher priced homes
- Taylors, SC: equally priced homes
- Thomasville, NC: less expensive homes
- Toa Alta, PR: less expensive homes
- Valrico, FL: higher priced homes
- Columbus, MS: less expensive homes
- Clarkston, MI: higher priced homes
- Chillicothe, OH: less expensive homes
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