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Merritt Island, FL, offers a relaxed atmosphere with plenty of parks and access to nature, appealing to those who appreciate outdoor activities. Residents enjoy nearby beaches and enjoy the convenience of local shopping. The schools are often mentioned positively, contributing to a family-friendly vibe. However, some residents note concerns about traffic and the limited nightlife options, which can feel lacking for those seeking more urban amenities.
Merritt Island's 2025 rental market shows one-bedroom apartments averaging around $1,400 per month, while two-bedroom units rent for around $1,700 monthly. These figures reflect current market conditions with one-bedrooms representing 11% of available inventory and two-bedrooms making up 28% of rental listings.
Rents in Merritt Island, FL have generally increased, with a notable upswing of 6.5% in 2024. However, while 1-bedroom rents increased by 7.9%, 2-bedroom rents actually decreased by 6%.
July offers the lowest rental prices in Merritt Island, with an 11% difference compared to March when rents reach their peak levels. September presents the least competitive rental market with reduced demand, while April and June see higher competition among renters for available properties.
Hampton Homes leads as Merritt Island's most sought-after neighborhood, generating 1.08 times more inquiries than the market average with one-bedroom apartments at around $1,430 monthly. Merritt Ridge, Courtenay Springs, and Catalina Isle Estates also rank highly for their strong community connections and high walk scores that encourage neighborhood interaction.
Merritt Island offers excellent options for pet owners, with Catalina Isle Estates, Courtenay Springs, Merritt Ridge, and Villa de Palmas providing comprehensive pet amenities. These neighborhoods feature dedicated pet waste stations, pet grooming services, pet events, and policies with no breed restrictions, allowing pets to enjoy comfortable living without limitations.
Utilities are rarely included in Merritt Island rental properties, with only 2 total listings including utilities, representing approximately 0.02% of all available apartments. Three-bedroom apartments show the highest rate of utility inclusion at 0.03%, while other bedroom types have essentially no listings with utilities included.
Merritt Island's rental market features primarily ranch-style homes from the post-World War II suburban boom of the 1940s and 1950s, comprising 47.2% of available properties. Contemporary architecture represents 44.9% of the market, reflecting mid-20th century modern design with clean lines and integration with natural surroundings through materials like wood, stone, and glass.
Zumper’s proprietary rental data fuels our analysis. Rent and market trends, availability, neighborhood popularity, and lifestyle scores are all calculated using real-time and 2024 rental inventory and prices.
Our Lifestyle Categories ("great for eco-living," "great for social life," "great for pet owners," etc.) are determined by set criteria, against which we score each listing and its available features. At the neighborhood level, we calculate the listing count for each category to determine which lifestyles best fit each area.
Zumper, founded in 2012, is North America’s largest privately-owned rental platform, offering over 1 million listings across the U.S. and Canada. Stay informed on the latest trends and shifts in the rental market with our monthly National Rent Report, your go-to resource for key insights into the evolving rental landscape.
| 🔑Available apartment rentals | 57 |
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| ✨Popular amenities | |
| 🧦In-unit laundry | |
| 🍽With dishwasher | |
| 🏠With photos |