Apartments for rent in Cape Canaveral, FL

A small city located in Florida, Cape Canaveral has slightly more than 10,000 residents. Retirees make up a greater percentage of the population (35%) here than nationally (14%), while young adults figure less prominently in the demographics. Overall, the city's residents, with an average age of just under 52, are older than most cities in Florida. Most Cape Canaveral residents own their homes, and 43% of residents rent. Renters in the city benefit from a relatively low average rent of $939 a month, which is $214 a month less than the state average.

Cape Canaveral has an average commute time of about 25 minutes, quicker than the Florida average of about 29 minutes. Driving a car or truck is the typical means of commuting to work, opted for by 31% of workers, while public transportation is not extensively used. Walking isn't a common means of commuting to work.

Seven percent of the population in Cape Canaveral works in entertainment, making it the most common industry. Meanwhile, looking at job function, many of the city's residents work in sales, making it the top field in the city. Cape Canaveral workers earn an average annual income of around $61K, around $5,000 less than the state average. The city's average income also trails the national average ($73,345). Compared to the national average (7%), Cape Canaveral has a high concentration of residents over the age of 25 who have advanced degrees, as 10% possess a Master's degree or a Doctoral degree. In addition, 14% have earned a Bachelor's degree.