Apartments for Rent in Merritt Island, FL Under $1,500 (55 Rentals)

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property at 360 Schoolhouse Ln

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500

3 Bedroom, 2 Bath Home for Rent

Available Now

360 Schoolhouse Ln

Merritt IslandFL32953
property at 55 Needle Blvd

$1,500 - $1,550

2 Bedroom Rentals

Available Now

55 Needle Blvd

Merritt IslandFL32953

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Topaz Cay
Rent Specials
$1,199 - $1,699
Total Monthly Price

Total Monthly Price

Base Rent
$1,199 - $1,699
Total Monthly Price
$1,199 - $1,699
1 to 3 Bedroom Apartments Available Now

Topaz Cay

1900 Post RdMelbourne, FL 32935
Affordability
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 1701 Post Rd

$1,375

Total Monthly Price

Total Monthly Price

Base Rent
$1,375
Total Monthly Price
$1,375

1 Bedroom, 1 Bath Home for Rent

Available Jul 1

1701 Post Rd

MelbourneFL32935
property at 3135 Shady Dell Ln

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

1 Bedroom, 2 Bath Condo for Rent

Available Now

3135 Shady Dell Ln, Unit 233, Unit 233

3135 Shady Dell Ln
MelbourneFL32935
property at 1440 Parkway Dr

$1,250 - $1,495

1 To 2 Bedroom Rentals

Available Now

1440 Parkway Dr

MelbourneFL32935
property at 1558 University Ln

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

2 Bedroom, 2 Bath Condo for Rent

Available Now

1558 University Ln, Unit 505, Unit 505

1558 University Ln
CocoaFL32922
property at 613 Paw Paw St

$1,050 - $1,175

2 Bedroom Rentals

Available Now

613 Paw Paw St

CocoaFL32922
property at 700 Hughlett Ave

$675

Total Monthly Price

Total Monthly Price

Base Rent
$675
Total Monthly Price
$675

1 Bedroom, 1 Bath Home for Rent

Available Now

700 Hughlett Ave

CocoaFL32922
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Rivercrest Racquet
1 to 2 Bedroom Apartments

Rivercrest Racquet

3320 Rivercrest DrMelbourne, FL 32935
  • Utilities Included
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Riverpark Apartments
1 to 2 Bedroom Apartments

Riverpark Apartments

1304-1305 N Fiske BlvdCocoa, FL 32922
  • Utilities Included
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Clear Pond Estates
2 to 3 Bedroom Apartments

Clear Pond Estates

811 Crestview DrCocoa, FL 32922
  • Utilities Included
Showing Results 1-50, Page 1 of 2

Merritt Island, FL Local Guide

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Best Local Schools in
Merritt Island, FL

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
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Explore Merritt Island, FL Rentals by Map

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See the most popular apartments and homes in Merritt Island, FL

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Frequently Asked Questions about Merritt Island

How much are Studio apartments in Merritt Island?

There are currently 119 Studio Apartments in Merritt Island with rent ranges from $975 to $2,854 with an average price of $1,278.

What is the current price range for One Bedroom Merritt Island Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Merritt Island ranges from $997 to $3,635 with an average monthly rent of $1,603.

What does renting a Two Bedroom Apartment in Merritt Island cost?

The monthly rent prices of Two Bedroom Apartments currently available in Merritt Island range from $1,050 to $4,462. Today's average rental price for Two Bedrooms here is $1,917.

How expensive are Merritt Island Three Bedroom Apartments?

There are currently 38 Three Bedroom Apartments listings available in Merritt Island on ApartmentHomeLiving.com. The pricing ranges from $1,363 to $9,994 - averaging $3,020 for the location.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.