Meritt Island, FL Rental Market Trends
The average rent for an apartment in Meritt Island is $821, a 4% increase compared to the previous year, when the average rent was $787.
Average Rent in Meritt Island, FL
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$821||4%||829 sq. ft.|
The average size for a Meritt Island, FL apartment is 829 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Meritt Island, FL Apartment Rent Ranges
Meritt Island, FL Occupied Housing Units
- Renter-occupied Households36%
- Owner-occupied Households63%
2,731 or 36% of the households in Meritt Island, FL are renter-occupied while 4,802 or 63% are owner-occupied.
Meritt Island, FL Rent Trends
|Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Feb / 2020|
How Meritt Island Compares to Other Cities
|Average Rent||Y-o-Y Change|
For more information about the Meritt Island rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!