Apartments for Rent in Merritt Island, FL

Prices and availability in Merritt Island, FL were last updated on 4 Jun 2026.

The best apartments in Merritt Island, FL are: Reese Merritt 1435, The Lenox at Merritt Island, 660 Wild Flower Street Merritt Island, FL 32953, 1643 Fishermans Street and 5870 North Courtenay Parkway, Unit 1.

The average rent in Merritt Island, FL is $1,240.

The price range for a 2-bedroom apartment in Merritt Island, FL is between $1,595 and $1,625.

The price range for a 3-bedroom apartment in Merritt Island, FL is between $1,425 and $2,900.

In Merritt Island, 20% of the residents are renting compared to 80% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 11% of Merritt Island's rentals, 37% are small-scale complexes with under 50 units, and 48% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Merritt Island are about 57 years old, on average. Of these, none have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Studio apartments in Merritt Island are around 19% of rentals, while 1-bedroom floor plans represent 32% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 45% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.