Titusville has an estimated population of 46,580 and serves as the county seat in Brevard County, Florida. The city attracts tourists interested in the space program, with the TICO Warbird AirShow bringing in thousands of visitors every year. The nearby Windover Archeological Site, dubbed a National Historic Landmark, also drives tourism in this Florida city.
There are about 18,888 homes and apartments in Titusville, with the average rent price sitting at $910 per month. About 63% of homes in this city are single-family homes, with apartment complexes following at 21.6%. About 49% of homes have 3 bedrooms, while 30% of homes have 2 bedrooms. Out of the homes and apartments in Titusville, 46.8% were built between 1970-1999 and 34.8% between 1940-1969, with only 17.3% aged 2000 or younger. Studio apartments have an average rent of $725, 1-bedroom apartments have an average rent of $757, and 2-bedroom apartments have an average rent of $925.
Although most property owners live in their homes in Titusville, there are also many that rent them out, whether for the short or long term. Next to homeowners, renters make up the most of the city’s population, at 33%. Renting is a great way to experience living in a neighborhood without having to commit to a big investment. For property owners, on the other hand, it is an excellent way to earn extra income.
Managing a rental property is not as easy as it seems, though. There are a lot of duties involved, such as advertising your property, screening tenants, collecting rent, and keeping up with maintenance. You must also consider the legalities, making sure not to violate any state or local laws in the process. As such, many property owners turn to Titusville property management companies for help.
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