Cheap Apartments for Rent in Merritt Island, FL
115 rentals
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- SPECIAL OFFERPET FRIENDLY$1,049 - $1,299/moStudio-2 Beds1 BathCosta Vue | 1155 N Courtenay Pkwy #5344528,
Merritt Island, FL 32953 - SPECIAL OFFERPET FRIENDLY
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- $1,425 - $1,595/mo1-2 Beds2 BathsThe Lenox at Merritt Island | 1200 S Courtenay Pkwy #111,
Merritt Island, FL 32952 - COZIE HOMES INC
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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 May 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,422 |
| Jul 2025 | $2,500 |
| Aug 2025 | $2,375 |
| Sep 2025 | $2,350 |
| Oct 2025 | $2,300 |
| 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 |
Average Rent By Bedroom and Home Type
In May 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 | $1,452 | $1,700 | $2,900 | $3,500 | $2,995 |
| Townhomes | — | $1,700 | $2,750 | — | $1,800 |
| Apartments and Condos | $1,600 | $2,800 | $3,805 | $8,015 | $3,683 |
| Houses | — | $1,600 | $2,845 | $3,500 | $3,000 |
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 $2,516 per month. This is about 30% higher than the national average.
- What is the average rent of a house in Merritt Island, FL?The average rent of a house in Merritt Island, FL is $3,000 per month. This is about 55% higher than the national average.
- What is the average rent of a townhome in Merritt Island, FL?The average rent of a townhome in Merritt Island, FL is $1,800 per month. This is about 7% lower than the national average.
- When is the average rent cheapest in Merritt Island, FL?In the last year, the average rent in Merritt Island, FL was lowest in Feb 2025 when it was $2,200 per month.
- 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 $1,452 per month. That is about $353 more than the cost of a studio apartment.
- How many available rental listings are in Merritt Island, FL?There are 223 available rental listings in Merritt Island, FL.
- 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.