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How Much Does a Home Cost on the Space Coast in 2026? | Brevard County Price Guide

Written by | Jan 1, 1970 12:00:00 AM

If you're relocating to Florida's Space Coast for work at SpaceX, Blue Origin, L3Harris, or another aerospace employer, the first question on your mind is probably: "How much will a home cost me?"

As a Space Coast relocation specialist, I answer this question daily. Here's the honest, comprehensive breakdown of what you'll pay in 2026—no fluff, just real numbers.

Space Coast Home Prices by Area (2026)

Brevard County offers something rare: affordable coastal living within commuting distance of major aerospace employers. Here's what each area costs:

Most Affordable: Palm Bay & Titusville ($275,000 - $400,000)

Palm Bay is Brevard's largest city and most affordable option. You'll find newer construction, larger lots, and family-friendly neighborhoods. The trade-off is a 40-50 minute commute to Kennedy Space Center.

Titusville offers the shortest commute to KSC (10-15 minutes) at affordable prices. It's experiencing a renaissance with downtown revitalization and direct rocket launch views.

Mid-Range: Melbourne, Rockledge & Viera ($350,000 - $550,000)

Melbourne is the Space Coast's cultural hub with a growing downtown, excellent restaurants, and diverse housing options. Commute to KSC is 35-45 minutes.

Viera is a master-planned community with top-rated schools, new construction, and resort-style amenities. Popular with families relocating from out of state. Prices range $400K-$600K for most homes.

Rockledge offers a central location with quick access to both Melbourne and KSC (25-30 minutes each way).

Beachside Premium: Satellite Beach, Indian Harbour Beach & Indialantic ($500,000 - $800,000)

These barrier island communities offer the beach lifestyle with ocean access, river views, and tight-knit communities. Expect to pay a 30-50% premium over mainland prices for similar square footage.

Luxury & Waterfront: Cocoa Beach & Merritt Island ($600,000 - $2,000,000+)

Cocoa Beach oceanfront condos start around $400K for older units, with newer or renovated units commanding $600K-$1M+. Single-family beachside homes are rare and typically $800K+.

Merritt Island is the sweet spot for many aerospace workers: 15-20 minutes to KSC, waterfront options on the Indian and Banana Rivers, and prices $100-200K less than equivalent beachside properties.

Hidden Costs to Budget For

  • Homeowner's Insurance: $3,000-$8,000/year depending on location, age, and construction type. Beachside and older homes cost more.
  • Flood Insurance: $500-$3,000/year if in a flood zone (most waterfront properties require this)
  • Property Taxes: Approximately 1% of assessed value annually. Florida has no state income tax, so property taxes fund local services.
  • HOA Fees: $100-$600/month for condos; $0-$200/month for single-family in planned communities
  • Wind Mitigation: Get a wind mitigation inspection—it can save 20-40% on insurance

Space Coast vs. California: The Real Comparison

If you're relocating from California (many SpaceX employees are), here's the reality:

FactorSpace Coast, FLLos Angeles/Bay Area
Median Home Price$400,000$800,000 - $1,500,000
State Income Tax0%9.3% - 13.3%
Property Tax Rate~1%~1.1%
Insurance CostsHigher (hurricanes)Higher (earthquakes/fire)

Bottom line: A $150K salary goes much further on the Space Coast. Many relocating professionals buy waterfront homes here for what a basic condo costs in California.

What Can You Afford?

A general rule: With current interest rates around 6-7%, budget approximately $6-7 per $1,000 borrowed for your monthly payment (principal + interest). Add taxes, insurance, and HOA for your total monthly cost.

Example: A $450,000 home with 20% down ($90,000) = $360,000 mortgage = approximately $2,160-$2,520/month P&I + $400/month taxes + $400/month insurance = $2,960-$3,320/month total

Ready to Know Your Budget?

Every situation is different. I help aerospace relocators understand exactly what they can afford and which neighborhoods fit their budget and lifestyle. Schedule a free consultation to get personalized guidance for your Space Coast move.

Alyssa Mills-Berry is a Space Coast relocation specialist helping aerospace professionals find their perfect Florida home. She serves all of Brevard County including Melbourne, Cocoa Beach, Merritt Island, Viera, and surrounding areas.