Bedroom count
Property type
Last updated on October 30, 2026
Last updated on October 30, 2026
Bedroom count
Property type
Merritt Island, FL rent rose 4.8% year over year, with a current median of $2,200/month. Renters today are paying $100 more per month on average than last year, extending a recent upward trend after a mid-year trough at $1,900/month.
Merritt Island runs 15.8% more expensive than the $1,900/month national median, placing it above average in cost among smaller Florida metros with 55 total rentals.
Studio rents in Merritt Island sit around $1,379/month, 1-bedrooms around $1,530/month, and 2-bedrooms around $1,595/month, while 3-bedrooms rise to $2,800/month and 4+ bedrooms to $3,200/month. These bedroom tiers represent a broad range of rental options for different household sizes.
Diana Shores rents fell 75.5% year over year to $1,225/month across 14 rentals, marking one of the largest declines in Merritt Island's rental market. Holiday Cove and Villa De Palmas also experienced steep declines of 64.7% and 62.9%, respectively, showing significant local variation.
Median rent in Merritt Island
$2,200/mo
vs previous year
The average rent in Merritt Island is $2,200 per month as of October 2026. This is 16% above the national average rent, or $300 more per month.
average price per square foot
Available rentals in Merritt Island
55
for rent on Zumper.com as of October 2026
Share of Merritt Island rentals at each price point
Average rent prices in Merritt Island have increased by 14% over the last month and have increased by 5% 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 $1,575, whereas a house costs $2,600. 1-bedroom apartments in Merritt Island run $1,538 on average, while 2-bedroom apartments are $1,575.
Listings | ||||
|---|---|---|---|---|
Studio | $1,379 | No Change | No Change | |
1 bedroom | $1,530 | 4% | 9% | |
2 bedroom | $1,595 | No Change | No Change | |
3 bedroom | $2,800 | No Change | 8% | |
4 bedroom | $3,200 | 7% | 3% |
Listings | ||
|---|---|---|
Catalina Isle Estates | $2,250 | |
Copperfield | $1,595 | |
Courtenay Springs | $1,650 | |
Fowlers | $2,600 | |
Hampton Homes | $1,575 | |
Merritt Ridge | $1,495 | |
Rockwell Estates | $2,050 | |
Skylark Estates | $1,575 | |
Sunny Acres | $1,934 | |
Villa De Palmas | $1,300 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,575 | 3% | No Change | |
Condos | $1,700 | 3% | 6% | |
Houses | $2,600 | 5% | 12% | |
Rooms | $1,086 | 11% | - |
Studio
Average rent
$1,379
Last year
No Change
1 bedroom
Average rent
$1,530
Last 30 days
4%
Last year
9%
2 bedroom
Average rent
$1,595
Last year
No Change
3 bedroom
Average rent
$2,800
Last year
8%
4 bedroom
Average rent
$3,200
Last 30 days
7%
Last year
3%
Catalina Isle Estates
Average rent
$2,250
Courtenay Springs
Average rent
$1,650
Merritt Ridge
Average rent
$1,495
Sunny Acres
Average rent
$1,934
Fowlers
Average rent
$2,600
Skylark Estates
Average rent
$1,575
Copperfield
Average rent
$1,595
Rockwell Estates
Average rent
$2,050
Hampton Homes
Average rent
$1,575
Villa De Palmas
Average rent
$1,300
Apartments
Average rent
$1,575
Last 30 days
3%
Last year
No Change
Condos
Average rent
$1,700
Last 30 days
3%
Last year
6%
Houses
Average rent
$2,600
Last 30 days
5%
Last year
12%
Rooms
Average rent
$1,086
Last 30 days
11%
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 7% higher than the median rent in Cape Canaveral, FL.
Explore rent trends in neighboring markets
Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.
Quick answers to common questions about the Merritt Island rental market.
The average rent in Merritt Island is $2,200 per month as of October 24, 2026.
Average rent prices in Merritt Island have increased by 14% over the last month and have increased by 5% since last year.
Rent in Merritt Island is 16% above the national average, which means renters are paying approximately $300 more per month.
The most affordable neighborhoods in Merritt Island are Villa De Palmas ($1,300/mo), Merritt Ridge ($1,495/mo), and Skylark Estates ($1,575/mo).
To comfortably afford rent in Merritt Island, you'd need to earn approximately $88,000/year, based on spending no more than 30% of your income on rent.
July offers the best rental deals in Merritt Island with the lowest rents of the year, running about 11% lower than March prices. September also provides good opportunities with the least competitive market conditions.
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).