Average Rent in Palmetto, Merritt Island, FL and Rent Price Trends

Rent price trends in
Palmetto, Merritt Island, FL

Rent price trends

Rent prices for all bedroom counts and property types in Palmetto, Merritt Island, FL have decreased by 4% in the last month.

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

Rent comparables in
Palmetto, Merritt Island, FL
The monthly rent for an apartment in Palmetto, Merritt Island, FL is $1,225. A 1-bedroom apartment in Palmetto, Merritt Island, FL costs about $1,110 on average, while a 2-bedroom apartment is $1,300. Houses for rent in Palmetto, Merritt Island, FL are more expensive, with an average monthly cost of $2,600.


1 bedroom	$1,200	-	-
2 bedroom	$1,600	-	-
3 bedroom	$2,600	-	-
4 bedroom	$3,000	1%	-
Studio	$900	-	-

		Comparables
Crestview	$1,450
Golfview	$1,895
Ocean Woods	$2,100
River Ridge	$1,800
Riverside	$2,000
Shepards Park Acres	$1,725


Apartments	$1,225	-	No Change
Condos	$1,600	-	No Change
Houses	$2,600	4%	No Change

Studio

Average rent

$900

1 bedroom

Average rent

$1,200

2 bedroom

Average rent

$1,600

3 bedroom

Average rent

$2,600

4 bedroom

Average rent

$3,000

Last 30 days

The table above reflects average rent prices in Palmetto, 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 rent prices in Palmetto, Merritt Island, FL to other neighborhoods

Median rent prices in Palmetto, Merritt Island, FL for all bedroom counts and property types compared to Ocean Woods, Cape Canaveral, FL.

Palmetto

Median rent price$1,450

25%

lower than the national median

Median rent price$2,100

higher than the national median

Takeaway

The median rent for all rentals in Palmetto, Merritt Island, FL is 31% lower than the median rent in Ocean Woods, Cape Canaveral, FL.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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