Rockledge, Florida Real Estate & Housing Market

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Rockledge Housing Information

Index	Rockledge	Florida	National
Median home price	$150,100	$166,800	$184,700
Median rent asked	$1,087	$1,032	$949
Avg. people per household	2.6	2.6	2.6
Owner occupied households	76.4%	64.8%	63.6%
Renter occupied households	23.6%	35.2%	36.4%

A general overview of the Rockledge, FL real estate market is displayed above. The median home price for homes in Rockledge, FL is $150,100, which is 10% lower than the Florida average. This means that real estate in the Rockledge, FL area is generally more affordable than the rest of Florida. The median rent price in Rockledge, FL is $1,087 which is 5% higher than the Florida average. In Rockledge, FL, 76.4% of people are home owners and an average of 2.6 people occupy each home. From luxury houses to affordable condos to urban townhomes, there are many different types of real estate in Rockledge, FL. We make it easy to find Rockledge, FL real estate listings and homes for sale by filtering location, price, bedrooms and bathrooms in the search area above.

Rockledge Home Affordability

Home affordability can be a very important factor when determining where to purchase real estate in Rockledge, FL. One method that can be used to calculate home affordability is the home price to median household income ratio. The median home price in Rockledge, FL is $150,100 and the median household income is $57,054. This results in a home price to income ratio of 2.6x, which is 23% lower than the Florida average. The home affordability ratio is calculated by dividing the median home price by the median home income. A lower than average home price to income ratio means that homes in Rockledge, FL are more affordable based on the median price of homes compared to home income. Of course, there are many other factors to consider when focusing on home affordability. Use the home affordability calculator below to see exactly how much you can afford to pay for real estate in Rockledge, FL.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Patrick AFB, FL	1,457	$0	100%
Sharpes, FL	2,928	$54,100	71%
Cocoa West, FL	5,115	$66,800	64%
Cocoa, FL	17,558	$93,200	50%
Port St. John, FL	11,223	$103,000	44%
Rockledge, FL	26,144	$150,100	19%

Cities with similar population

City, State	Population	Home Price	National Avg.
Clinton, IA	26,148	$92,600	50%
University Park, FL	26,150	$249,500	35%
East Lake-Orient Park, FL	26,160	$87,200	53%
Shoreview, MN	26,161	$238,100	29%
Smithtown, NY	26,162	$473,100	156%
Rockledge, FL	26,144	$150,100	19%

Source: The Rockledge, FL housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).