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2024 Compare Cities Housing:
Palm Bay, FL vs Cape Canaveral, FL

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Highlights
- The median age of a home in Palm Bay is 16.1% younger than the median age of a home in Cape Canaveral.
 Palm Bay, FLCape Canaveral, FLUnited States
 Median Home Age313642
 Median Home Cost$301,500$362,300$338,100
 Home Appr. Last 12 months26.8%26.8%16.6%
 Home Appr. Last 5 yrs.85.7%85.7%57.0%
 Home Appr. Last 10 yrs.211.6%211.6%101.1%
 Property Tax Rate$6.8$7.0$11.0
 Homes Owned71.0%39.4%57.4%
 Housing Vacant9.3%34.3%11.2%
 Homes Rented19.7%26.4%31.4%
 space
 Avg Rent For Home Or Apartment
 Palm Bay, FLCape Canaveral, FLUnited States
 Average Rent$1,860$1,460$1,840
 Studio Apartment$990$780$1,080
 1 Bedroom Home or Apartment$1,170$920$1,180
 2 Bedroom Home or Apartment$1,420$1,110$1,430
 3 Bedroom Home or Apartment$1,890$1,480$1,860
 4 Bedroom Home or Apartment$2,240$1,760$2,160
 space1
 Vacant Housing
 Palm Bay, FLCape Canaveral, FLUnited States
 Vacant For Rent1.1%5.1%1.9%
 Vacant Rented0.4%0.2%0.4%
 Vacant For Sale0.6%0.4%0.7%
 Vacant Sold0.5%0.0%0.4%
 Vacant Vacation4.5%24.8%3.6%
 Vacant Other2.3%3.8%4.1%
 space2
 Owner-Occupied Housing Value
 Palm Bay, FLCape Canaveral, FLUnited States
 Less Than $20,0002.5%5.2%2.6%
 $20,000 to $39,9990.8%1.1%2.4%
 $40,000 to $59,9991.7%0.5%2.8%
 $60,000 to $79,9992.8%1.5%3.9%
 $80,000 to $99,9995.2%2.9%4.5%
 $100,000 to $149,99915.3%6.8%11.3%
 $150,000 to $199,99930.0%11.5%13.0%
 $200,000 to $299,99931.5%28.7%20.1%
 $300,000 to $399,9997.6%23.9%13.6%
 $400,000 to $499,9991.5%6.6%8.3%
 $500,000 to $749,9990.4%9.4%9.7%
 $750,000 to $999,9990.5%1.6%3.9%
 $1,000,000 to $1,499,9990.1%0.0%2.2%
 $1,500,000 to $1,999,9990.0%0.0%0.8%
 $2,000,000 and over0.1%0.3%1.1%
 space3
 Housing Units By Year Built
 Palm Bay, FLCape Canaveral, FLUnited States
 2015 and Newer0.2%0.3%0.2%
 2010 to 201426.6%25.4%13.6%
 2000 to 200926.6%25.4%13.6%
 1990 to 199917.9%10.3%13.6%
 1980 to 198933.6%25.2%13.2%
 1970 to 197911.4%13.6%14.8%
 1960 to 196917.9%10.3%13.6%
 1950 to 19591.0%5.6%10.0%
 1940 to 19490.3%0.4%4.7%
 1939 or Earlier0.2%0.5%12.2%
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Reviews for Palm Bay    27 Reviews
D · Palm Bay, FL
Palm Bay has High Cost of Living
Over 1 years ago

I moved to Palm Bay in 2020 and the cost of living has skyrocketed! A two bedroom apartment was around $900/month in 2020. Now it's $1600 and up. Mostly up. A three  More

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David · Palm Bay, FL
Lovin' Palm Bay For Over 20 Years Now!!??
Over 4 years ago

My family of 4 have lived here in NW Palm Bay for over 10 years. My wife and my son from another marriage lived here for over 7 before that. I myself have lived here for  More

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Bonnie · Salisbury Center, NY
It's Safer in New England
Over 5 years ago

I lived in Palm Bay for 12 years. It's a very unfriendly and crowded place to live. It's well into the 90's from late April till right around the 10th of November. The  More

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Reviews for Cape Canaveral    2 Reviews
Elfin1218 · Cape Canaveral, FL
Prepplanning a move
Over 15 years ago

I haven't been on this site long enough to comment. Looking for cheap places to  More

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Tiana · Cape Canaveral, FL
Great weather, dumpy town. . .
Over 18 years ago

When I first moved to CC a year ago, I thought proximity to the Kennedy Space Center meant I would be living in a modern, state-of-the-art, steel and glass community.  More

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Learn More About Palm Bay, Florida
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Learn More About Cape Canaveral, Florida
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