$2,100 Per Month
- 3 Beds
- 2 Baths
- 1,008 Sq Ft
- House for Rent
1419 Melrose St, Cocoa, FL 32922
1419 Melrose St, Cocoa, FL 32922
Frequently Asked Questions
How much does it cost to rent a home in Cocoa, FL?
The median rent for a home in Cocoa, FL is $1,940 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Cocoa, FL?
To comfortably afford the median rent in Cocoa, FL, a household needs to earn roughly $77,600 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,940 per month in Cocoa, FL, renters typically need to show $5,820 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Cocoa, FL?
In Cocoa, FL, the price-to-rent ratio is 14.2, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Cocoa, FL are best for renting a home?
The best neighborhood for renting in Cocoa, FL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Suntree, Pineda and Paradise Beach, each with its own character and price range.
