Cheap Apartments for Rent in Merritt Island, FL
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SENIOR HOUSINGPET FRIENDLY$1,425 - $1,595/mo
1-2 Beds
2 BathsThe Lenox at Merritt Island | 1200 S Courtenay Pkwy,
Merritt Island, FL 32952
APPLY INSTANTLYPET FRIENDLY
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NEW - 2 DAYS AGO
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SPECIAL OFFERPET FRIENDLY$1,928 - $3,012/mo1-3 Beds1-2 BathsWatershed Merritt Island | 251 Galactic Dr,
Merritt Island, FL 32952
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Average Rent Trends in Merritt Island, FL
Rent in Merritt Island, FL varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Oct 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Nov 2025 | $2,250 |
| Dec 2025 | $2,300 |
| Jan 2026 | $2,500 |
| Feb 2026 | $2,600 |
| Mar 2026 | $2,500 |
| Apr 2026 | $2,775 |
| May 2026 | $3,000 |
| Jun 2026 | $2,855 |
| Jul 2026 | $2,850 |
| Aug 2026 | $2,800 |
| Sep 2026 | $2,600 |
| Oct 2026 | $2,700 |
Average Rent By Bedroom and Home Type
In October 2026, Townhomes were the most affordable home type to rent compared with Houses and Apartments and Condos.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,245 | $1,500 | $2,900 | $3,200 | $2,689 |
| Townhomes | — | $1,500 | $2,800 | — | $1,650 |
| Apartments and Condos | $1,295 | $1,550 | $4,311 | $8,881 | $3,600 |
| Houses | — | $2,200 | $2,600 | $2,822 | $2,800 |
Frequently Asked Questions about Rentals in Merritt Island, FL
- What is the average rent of an apartment in Merritt Island, FL?The average rent of an apartment in Merritt Island, FL is $2,115 per month. This is about 9% higher than the national average.
- What are the cheapest months to find an apartment to rent in Merritt Island, FL?Last year, the cheapest month to find an apartment to rent was Feb 2025 when it was $2,200 per month.
- How many cheap apartments are available in Merritt Island, FL?There are 59 apartments to rent that are cheaper than the city’s average rent of $2,689.
- When is the average rent most expensive in Merritt Island, FL?In the last year, the average rent in Merritt Island, FL was highest in Jul 2025 when it was $2,500 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Merritt Island, FL?The average rent of a 1 bedroom apartment in Merritt Island, FL is $1,245 per month. That is about $150 more than the cost of a studio apartment.
- What are some neighborhoods in Merritt Island, FL?Some neighborhoods in Merritt Island, FL include: Angel City.
- What are some zip codes in Merritt Island, FL?
- What are some cities near Merritt Island, FL?Some nearby cities include: Cocoa Beach, Cape Canaveral, Cocoa, Rockledge, Titusville. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en Merritt Island, FL - 141 Rentas | Trulia