702 Hughlett Ave
CocoaFL32922
Cheap Homes for Rent in Merritt Island, FL from $600 (73 Rentals)
Search the lowest-cost Homes available for rent right now in Merritt Island.
2111 Warwick Rd
MelbourneFL32935
2111 Warwick Rd
MelbourneFL32935
734 Thomas Ln
CocoaFL32922
1708 University Ln
CocoaFL32922
2125 Highland Ave
MelbourneFL32935
140 Minna Ln
Merritt IslandFL32953
800 N Fiske Blvd
CocoaFL32922
180 Minna Ln
Merritt IslandFL32953
1895 Guava Ave
MelbourneFL32935
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
1050 N Fiske Blvd
CocoaFL32922
1050 N Fiske Blvd
CocoaFL32922
2135 N Courtenay Pkwy
Merritt IslandFL32953
1527 Schoolhouse St
Merritt IslandFL32953
1780 Manta Bay St
Merritt IslandFL32952
97 Lucas Rd
Merritt IslandFL32953
120 Olive St
CocoaFL32922
3135 Shady Dell Ln
MelbourneFL32935
225 S Tropical Trail
Merritt IslandFL32952
3135 Shady Dell Ln
MelbourneFL32935
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
319 Lucerne Dr
CocoaFL32922
248 Le Jeune Dr
Merritt IslandFL32953
1077 Shares Dr
RockledgeFL32955
283 Buffalo Pl
RockledgeFL32955
4135 Cedar Creek Cir
Merritt IslandFL32953
1720 Murrell Rd
RockledgeFL32955
50 Needle Blvd
Merritt IslandFL32953
2104 Mobiland Dr
MelbourneFL32935
1720 Murrell Rd
RockledgeFL32955
55 Sea Park Blvd
Satellite BeachFL32937
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.
1812 Guava Ave
MelbourneFL32935
205 Palmetto Ave
Merritt IslandFL32953
1951 Island Club Dr
MelbourneFL32903
250 N Banana River Dr
Merritt IslandFL32952
101 Summer Pl
Merritt IslandFL32953
93 Prospect Ave
CocoaFL32922
39 Carmalt St
CocoaFL32922
205 Palmetto Ave
Merritt IslandFL32953
55 Needle Blvd
Merritt IslandFL32953
360 Pomolo St
CocoaFL32922
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.
18 North Ct
IndialanticFL32903
802 Forrest Ave
CocoaFL32922
824 Faull Dr
RockledgeFL32955
290 Spring Dr
Merritt IslandFL32953
913 S Colonial Ct
Indian Harbour BeachFL32937
1365 Pineapple Ave
MelbourneFL32935
2700 N Highway A1A, Unit Bldg 20 201
2700 N Highway A1A
IndialanticFL32903
723 Players Ct
MelbourneFL32940
130 Moore Ave
Merritt IslandFL32952
200 S Banana River Dr
Merritt IslandFL32952
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Merritt Island, FL Local Guide
Merritt Island by Jared is licensed under CC BY 2.0
How much does it cost to rent a home in Merritt Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Merritt Island 2 Bedroom Homes for Rent | $2,044 | $1,200 | $3,800 |
| Merritt Island 3 Bedroom Homes for Rent | $2,878 | $1,550 | $8,000 |
| Merritt Island 4 Bedroom Homes for Rent | $3,979 | $1,850 | $10,000+ |
| Merritt Island 5 Bedroom Homes for Rent | $5,491 | $3,950 | $7,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Merritt Island
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Merritt Island, FL Local Guide
- Merritt Island Neighborhoods
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Cheapest Neighborhoods for Apartments in Merritt Island, FL
Pricing Updated: 02/22/2026Current apartment rentals in the Merritt Island, FL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Merritt Island Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Abby Marina | $9,228 | $899 | 24 |
Cheapest Available Merritt Island Apartments for Rent
The cheapest available apartment rental in Merritt Island, FL is a 1 Bed unit found at Orchid Lake in the Port St John Cocoa West neighborhood priced from $809. Addison Cove in the Abby Marina neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $899. Here is today’s list of the most affordable Merritt Island apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Orchid Lake | 1/1 Bedroom | 1BR,1BA | $809 |
| Addison Cove | Studio | Studio,1BA | $899 |
| Cocoa Village Flats | Studio | Studio,1BA | $950 |
| Marella Bay | Studio | Studio,1BA | $999 |
| The Sands on Clearlake | One Bedroom | 1BR,1BA | $1,095 |
| Villas of Cocoa | 1 Bd 1 Bath | 1BR,1BA | $1,126 |
| Marina Isle | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,195 |
| Costa Vue | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,199 |
| Vetra Indian Harbour Beach | E1 | Studio,1BA | $1,199 |
| Shore View Apartments | Studio | Studio,1BA | $1,250 |
Best Value Apartments for Rent in Merritt Island, FL
As of February 22, 2026 the best value apartment in the Merritt Island area is the $1.57 price per square foot North Island Villas Townhome Model at North Island Villas Rental Homes in the in the Abby Marina neighborhood starting from $2,575. The second greatest value Merritt Island apartment is the Cabana Model at The Brittany starting at $1,575 with a $1.32 price per square foot in the Coastal Brevard neighborhood. Here is today’s list of the best values for Merritt Island apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| North Island Villas Rental Homes | North Island Villas Townhome | 3BR,2.5BA | $1.57 |
| The Brittany | Cabana | 2BR,2BA | $1.32 |
| Harbour Pointe | Cobia | 2BR,1BA | $1.97 |
| Orchid Lake | 2/2 Bedroom | 2BR,2BA | $1.04 |
| Rivercrest Racquet | A-1 Bedroom 1 Bath | 1BR,1BA | $1.60 |
| Park Drive Apartments | 1 | 1BR,1BA | $1.63 |
| Costa Vue | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.71 |
| Shore View Apartments | Studio | Studio ,1BA | $1.84 |
| Villas of Cocoa | 1 Bd 1 Bath | 1BR,1BA | $1.95 |
| The Sands on Clearlake | One Bedroom | 1BR,1BA | $1.90 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read Article
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
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
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Merritt Island, FL Rentals by Map
See the most popular apartments and homes in Merritt Island, FL
Frequently Asked Questions about Merritt Island
What type of rentals are currently available in Merritt Island?
There are currently 278 Apartments for Rent in Merritt Island, FL with pricing that ranges from $809 to $33,329. There are also 299 Single Family Homes for rent, Condos, and Townhome rentals currently available in Merritt Island ranging from $600 to $15,000.
What is the current price range for Rental Homes in Merritt Island?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Merritt Island ranges from $600 to $15,000 with an average monthly rent of $2,959.
How much are larger Three and Four Bedroom Rentals in Merritt Island?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Merritt Island range from $1,363 to $33,329, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $8,000. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $3,940.
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
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.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.