Bedroom count
Property type
Last updated on June 15, 2026
Last updated on June 15, 2026
Bedroom count
Property type
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.
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.
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.
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 in Merritt Island
$2,607/mo
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.
average price per square foot
Available rentals in Merritt Island
59
for rent on Zumper.com as of June 2026
Share of Merritt Island rentals at each price point
Average rent prices in Merritt Island have increased by 6% over the last month and have increased by 19% since last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
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% |
Listings | ||
|---|---|---|
Canaveral | $1,795 | |
Copperfield | $1,760 | |
Courtenay Springs | $1,595 | |
Egrets Cove | $2,825 | |
Fowlers | $2,450 | |
Hampton Homes | $1,600 | |
Merritt Park Place | $2,400 | |
Merritt Ridge | $1,650 | |
Riviera Isles | $2,100 | |
The Villas At Newfound Habor | $1,650 |
Listings | ||||
|---|---|---|---|---|
Apartments | $4,094 | 15% | No Change | |
Condos | $1,700 | 22% | No Change | |
Houses | $2,607 | 9% | No Change |
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%
Courtenay Springs
Average rent
$1,595
Hampton Homes
Average rent
$1,600
Canaveral
Average rent
$1,795
Fowlers
Average rent
$2,450
Merritt Ridge
Average rent
$1,650
Egrets Cove
Average rent
$2,825
Copperfield
Average rent
$1,760
Riviera Isles
Average rent
$2,100
The Villas At Newfound Habor
Average rent
$1,650
Merritt Park Place
Average rent
$2,400
Apartments
Average rent
$4,094
Last 30 days
15%
Condos
Average rent
$1,700
Last 30 days
22%
Houses
Average rent
$2,607
Last 30 days
9%
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.
Compare median rent prices in Merritt Island and Cape Canaveral by all bedroom counts and property types.
Merritt Island
higher than the national median
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.
Explore rent trends in neighboring markets
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Quick answers to common questions about the Merritt Island rental market.
The average rent in Merritt Island is $2,607 per month as of June 13, 2026.
Average rent prices in Merritt Island have increased by 6% over the last month and have increased by 19% since last year.
Rent in Merritt Island is 34% above the national average, which means renters are paying approximately $657 more per month.
The most affordable neighborhoods in Merritt Island are Courtenay Springs ($1,595/mo), Hampton Homes ($1,600/mo), and Merritt Ridge ($1,650/mo).
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.
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.
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).