What is the average apartment size in Merritt Island?

The average size for a Merritt Island, FL apartment is 752 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.

What is the average rent in Merritt Island?

As of Apr / 2026, the average rent in Merritt Island is $1,243 per month, a 0.13% increase from last years average of $1,242.

How much does rent cost by apartment size in Merritt Island?

In Merritt Island, studios rent for $996 per month, one-bedroom units average $1,183 per month, two-bedrooms cost around $1,394 per month.

What is the average apartment size in Merritt Island?

The typical apartment in Merritt Island offers about 752 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

How large are apartments by bedroom count in Merritt Island?

Studio apartments in Merritt Island average 431 sq. ft., one-bedrooms offer 659 sq. ft., two-bedrooms are about 947 sq. ft.

Merritt Island, FL Rental Market Trends

Q: What's the typical rent budget in Merritt Island?

The typical rent budget in Merritt Island ranges from $1,001 to $1,500 per month, with 80% of rentals in this range.

Q: Do most people rent or own in Merritt Island?

In Merritt Island, 20% of households rent while 80% own their homes, based on the latest U.S. Census data.

Last updated: May 23, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Merritt Island is $1,243, a 0.13% increase compared to the previous year, when the average rent was $1,242.

Studio Apartments at $996 offer the most budget-friendly option with 431 square feet, ideal for single renters prioritizing location over space.

One-bedroom apartments provide 659 square feet for $1,183, balancing privacy and affordability.

Two-beedroom units at $1,394 offer 947 square feet, perfect for roommates or small families.

Average rent in Merritt Island, FL

Last updated: May 23, 2026

	Average Rent	Average Apartment Size
All Rentals	$1,243	752 sq. ft.
Studio	$996	431 sq. ft.
1 Bed	$1,183	659 sq. ft.
2 Beds	$1,394	947 sq. ft.
3 Beds	n/a	n/a

Merritt Island, FL rent trends

Rental prices in Merritt Island, FL have increased by 0.13% over the past year. The average rent moved from $1,242 to $1,243.

What's the typical rent budget in Merritt Island, FL?

The largest share of rentals in Merritt Island, FL (80%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Merritt Island, FL?

2,839 or 20% of the households in Merritt Island, FL are renter-occupied while 11,327 or 80% are owner-occupied.

How Merritt Island Compares to Other Cities

City	Average Rent
Merritt Island	$1,243
Jacksonville	$1,504
Miami	$2,770
Tampa	$2,010
Kissimmee	$1,804
Orlando	$1,792
Fort Myers	$1,727
Cape Coral	$1,708
West Palm Beach	$2,455
Miami Beach	$3,612
Port St. Lucie	$2,125
Meadow Woods	$2,012
University	$3,076
Azalea Park	$1,692
Goldenrod	$1,638
Hunters Creek	$1,925
Fairview Shores	$1,868
Glencoe	$1,582
Pine Castle	$1,473

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Merritt Island apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.