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Cocoa Beach city, FL

ZIP 32931 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 32931

Median Home Value
$478,300
Median Rent
$1,398
Affordability Snapshot
$132,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,072/mo PITI).

20%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

5.6x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

28.5 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 32931 in Cocoa Beach city, FL, a household would need roughly $132,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $3,072. That is about 56% above the local median household income ($84,769), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 32% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
77.0%+18% vs US avg
x
Vacancy Rate
32.2%+213% vs US avg
x
Broadband Access
89.2%+3% vs US avg
x
4+ Bedrooms
2.9%-80% vs US avg
x
Built Pre-1939
1.3%-90% vs US avg
x
Built Post-2014
0.5%-92% vs US avg
x
Rent Burden >30%
25.9%-48% vs US avg
x
Mortgage-Free
52.3%+37% vs US avg
x
$478,300
Home Value
$1,398
Rent
1976
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached27.7%
  • 1-unit attached3.9%
  • 2-9 units15.6%
  • 10+ units52.6%
  • Mobile home & other0.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$478,300
Median rent$1,398
Owner-occupied77.0%
Vacant32.2%
Price-to-income5.6x
Est. income to buy$132,000