Last updated on July 31, 2026

Average rent in
Merritt Island, FL

Median rent

Median rent in Merritt Island

$1,972/mo

decreased by10%

vs previous year

The average rent in Merritt Island is $1,972 per month as of July 2026. This is 2% above the national average rent, or $42 more per month.

$1.34

average price per square foot

Total rentals

Available rentals in Merritt Island

49

for rent on Zumper.com as of July 2026

Rent price distribution

Share of Merritt Island rentals at each price point

55%41%28%14%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 decreased by 24% over the last month and have decreased by 10% 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 $1,449, whereas a house costs $2,850. 1-bedroom apartments in Merritt Island run $1,425 on average, while 2-bedroom apartments are $1,595.

Listings

Studio

$1,100

No Change

42%

1 bedroom

$1,429

10%

3%

2 bedroom

$1,575

12%

15%

3 bedroom

$2,600

11%

4%

4 bedroom

$3,275

7%

10%

Studio

Average rent

$1,100

Last 30 days

No Change

Last year

42%

1 bedroom

Average rent

$1,429

Last 30 days

10%

Last year

3%

2 bedroom

Average rent

$1,575

Last 30 days

12%

Last year

15%

3 bedroom

Average rent

$2,600

Last 30 days

11%

Last year

4%

4 bedroom

Average rent

$3,275

Last 30 days

7%

Last year

10%

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$1,972
increased by2%

higher than the national median

Median rent price$1,950
increased by1%

higher than the national median

Takeaway

The median rent for all rentals in Merritt Island, FL is 1% 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

6876 Marilane St #CO95 - Photo 1 of 1

5d+ ago

Apartment for rent in Merritt Island

MANUFACTURED - Merritt Island, FL

6876 Marilane St #CO95, Merritt Island, FL 32953

2 beds

2 baths

$1,300

Apartment for rent

6876 Marilane St #CO59 - Photo 1 of 1

5d+ ago

Apartment for rent in Merritt Island

MANUFACTURED - Merritt Island, FL

6876 Marilane St #CO59, Merritt Island, FL 32953

2 beds

2 baths

$1,300

Apartment for rent

6876 Marilane St #CO62 - Photo 1 of 1

5d+ ago

Apartment for rent in Merritt Island

MANUFACTURED - Merritt Island, FL

6876 Marilane St #CO62, Merritt Island, FL 32953

2 beds

2 baths

$1,300

Apartment for rent

Stay up to date with rental market insights

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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 $1,972 per month as of July 25, 2026.

Is rent up or down in Merritt Island?

Average rent prices in Merritt Island have decreased by 24% over the last month and have decreased by 10% since last year.

How does Merritt Island rent compare to the national average?

Rent in Merritt Island is 2% above the national average, which means renters are paying approximately $42 more per month.

Which neighborhoods are most affordable in Merritt Island?

The most affordable neighborhoods in Merritt Island are Villa De Palmas Sykes Cove ($1,212/mo), Hampton Homes ($1,500/mo), and Diana Shores ($1,500/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 $79,000/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?

Based on Zumper's July 2026 data, one-bedroom apartments in Merritt Island average around $1,410/month and two-bedrooms approximately $1,620/month.

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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