Last updated on June 15, 2026

Average rent in
Merritt Island, FL

Key takeaways for renters

  • Where Merritt Island rent stands today

    Merritt Island, FL rent rose 18.5% year over year to a current median of $2,608/month. This extends the recent upward trend, with rent increasing $980 per month compared to last year and climbing 6.0% month over month to reach the peak of $2,650/month in June 2026.

  • Vs. national rents

    Merritt Island runs roughly 1.3× the $1,950/month national median, placing it among pricier Florida metros. The market offers 59 total rentals, a smaller but active inventory for renters.

  • Price ranges

    Studio rents start at $1,050/month, 1-bedrooms at $1,484/month, and 2-bedrooms at $1,612/month, with 3-bedrooms rising to $2,725/month and 4+ bedrooms reaching $4,550/month. Apartments have a median rent of $4,094/month compared to $2,608/month for houses, indicating distinct price tiers by property type.

  • Neighborhood spotlight

    Surfside Estates rents fell 57.5% year over year to $1,425/month, and Canaveral dropped 58.0% to $1,795/month, contrasting with the citywide 18.5% rise. These steep local declines reveal significant variation within Merritt Island's rental market.

Median rent

Median rent in Merritt Island

$2,607/mo

increased by19%

vs previous year

The average rent in Merritt Island is $2,607 per month as of June 2026. This is 34% above the national average rent, or $657 more per month.

$1.84

average price per square foot

Total rentals

Available rentals in Merritt Island

59

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Merritt Island rentals at each price point

50%38%25%13%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Merritt Island, FL

Average rent prices in Merritt Island have increased by 6% over the last month and have increased by 19% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Merritt Island, FL

Rent prices in Merritt Island vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Merritt Island is $4,094, whereas a house costs $2,607. 1-bedroom apartments in Merritt Island run $1,425 on average, while 2-bedroom apartments are $1,625.

Listings

Studio

$1,050

No Change

5%

1 bedroom

$1,484

5%

1%

2 bedroom

$1,612

16%

27%

3 bedroom

$2,725

10%

8%

4 bedroom

$4,550

14%

83%

Studio

Average rent

$1,050

Last 30 days

No Change

Last year

5%

1 bedroom

Average rent

$1,484

Last 30 days

5%

Last year

1%

2 bedroom

Average rent

$1,612

Last 30 days

16%

Last year

27%

3 bedroom

Average rent

$2,725

Last 30 days

10%

Last year

8%

4 bedroom

Average rent

$4,550

Last 30 days

14%

Last year

83%

The table above reflects average rent prices in Merritt Island, FL, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Merritt Island, FL compare to other cities?

Compare median rent prices in Merritt Island and Cape Canaveral by all bedroom counts and property types.

Merritt Island

Median rent price$2,607
increased by34%

higher than the national median

Median rent price$2,150
increased by10%

higher than the national median

Takeaway

The median rent for all rentals in Merritt Island, FL is 21% higher than the median rent in Cape Canaveral, FL.

Discover rentals in Merritt Island, FL

180 Minna Ln #306 - Photo 1 of 1

5d+ ago

Condo for rent in Merritt Island

CONDOS - Merritt Island, FL

180 Minna Ln #306, Merritt Island, FL 32953

2 beds

1 bath

$1,200

Condo for rent

140 Minna Ln - Photo 1 of 1

5d+ ago

Condo for rent in Merritt Island

Condo for rent

1527 Schoolhouse St #A3 - Photo 1 of 1

5d+ ago

Apartment for rent in Merritt Island

Apartment for rent

255 Spring Dr #2 - Photo 1 of 1

3d ago

Condo for rent in Merritt Island

CONDOS - Merritt Island, FL

255 Spring Dr #2, Merritt Island, FL 32953

2 beds

2 baths

$1,400

Condo for rent

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Merritt Island, FL

Quick answers to common questions about the Merritt Island rental market.

How much is rent in Merritt Island?

The average rent in Merritt Island is $2,607 per month as of June 13, 2026.

Is rent up or down in Merritt Island?

Average rent prices in Merritt Island have increased by 6% over the last month and have increased by 19% since last year.

How does Merritt Island rent compare to the national average?

Rent in Merritt Island is 34% above the national average, which means renters are paying approximately $657 more per month.

Which neighborhoods are most affordable in Merritt Island?

The most affordable neighborhoods in Merritt Island are Courtenay Springs ($1,595/mo), Hampton Homes ($1,600/mo), and Merritt Ridge ($1,650/mo).

What salary do I need to afford rent in Merritt Island?

To comfortably afford rent in Merritt Island, you'd need to earn approximately $104,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Merritt Island?

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.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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