702 Hughlett Ave
CocoaFL32922
Cheap Homes for Rent in Merritt Island, FL from $640 (50 Rentals)
Search the lowest-cost Homes available for rent right now in Merritt Island.
700 Hughlett Ave
CocoaFL32922
920 Boardwalk Ln
CocoaFL32922
920 Boardwalk Ln
CocoaFL32922
920 Boardwalk Ln
CocoaFL32922
920 Boardwalk Ln
CocoaFL32922
765 Sara Jane Ln
Merritt IslandFL32952
140 Minna Ln
Merritt IslandFL32953
180 Minna Ln
Merritt IslandFL32953
833 Berkshire Dr
RockledgeFL32955
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
250 N Banana River Dr
Merritt IslandFL32952
3135 Shady Dell Ln, Unit 233
3135 Shady Dell Ln
MelbourneFL32935
800 N Fiske Blvd
CocoaFL32922
803 Rockledge Dr, Unit 3
803 Rockledge Dr
RockledgeFL32955
1527 Schoolhouse St
Merritt IslandFL32953
1602 University Ln
CocoaFL32922
114 Cocoa Pl
CocoaFL32922
1564 University Ln
CocoaFL32922
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$1,3501 Bedroom Apartments Available Now
7 Oak St, Unit 110
7 Oak StCocoa, FL 32922
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$1,3501 Bedroom Apartments Available Now
630 Brevard Ave, Unit 103
630 Brevard AveCocoa, FL 32922
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
1701 Post Rd
MelbourneFL32935
164 Ocean View Ln
IndialanticFL32903
1865 Guava Ave
MelbourneFL32935
1606 University Ln
CocoaFL32922
306 Melissa Ln
MelbourneFL32940
1720 Murrell Rd
RockledgeFL32955
50 Needle Blvd
Merritt IslandFL32953
55 Needle Blvd, Unit 64
55 Needle Blvd
Merritt IslandFL32953
55 Needle Blvd
Merritt IslandFL32953
925 Palm Springs Blvd
Indian Harbour BeachFL32937
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
3135 Shady Dell Ln, Unit 212
3135 Shady Dell Ln
MelbourneFL32935
913 S Colonial Ct
Indian Harbour BeachFL32937
1805 Guava Ave
MelbourneFL32935
1675 Jack Oates Blvd
RockledgeFL32955
3135 Shady Dell Ln
MelbourneFL32935
265 Spring Dr
Merritt IslandFL32953
435 Catamaran Dr, Unit #55
435 Catamaran Dr
Merritt IslandFL32952
505 Landings Way
Merritt IslandFL32952
354 Hibiscus Ave
Merritt IslandFL32953
909 S Colonial Ct
Indian Harbour BeachFL32937
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
909 S Colonial Ct
Indian Harbour BeachFL32937
422 Prospect Ave
CocoaFL32922
3150 N Harbor City Blvd
MelbourneFL32935
2135 N Courtenay Pkwy, Unit 241
2135 N Courtenay Pkwy
Merritt IslandFL32953
2135 N Courtenay Pkwy
Merritt IslandFL32953
101 Summer Pl
Merritt IslandFL32953
515 Landings Way
Merritt IslandFL32952
1927 Quail Ridge Ct
CocoaFL32926
420 Catamaran Dr
Merritt IslandFL32952
225 S Tropical Trail
Merritt IslandFL32952
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.
Showing Results 1-50, Page 1 of 1
Merritt Island, FL Local Guide
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 | $1,939 | $775 | $4,000 |
| Merritt Island 3 Bedroom Homes for Rent | $3,066 | $775 | $8,000 |
| Merritt Island 4 Bedroom Homes for Rent | $3,397 | $2,060 | $8,250 |
| Merritt Island 5 Bedroom Homes for Rent | $6,516 | $2,150 | $10,000+ |
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: 08/24/2026Current apartment rentals in the Merritt Island, FL area range in price from $975 to $10,273 with an overall median price of $1,645. 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 | $1,645 | $975 | 16 |
Cheapest Available Merritt Island Apartments for Rent
The cheapest available apartment rental in Merritt Island, FL is a Studio unit found at Cocoa Village Flats in the Cocoa neighborhood priced from $950. Addison Cove in the Merritt Island neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $975. Here is today’s list of the most affordable Merritt Island apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cocoa Village Flats | Studio | Studio,1BA | $950 |
| Addison Cove | Studio | Studio,1BA | $975 |
| Vetra Indian Harbour Beach | E1 | Studio,1BA | $1,002 |
| Marella Bay | Studio | Studio,1BA | $1,095 |
| Costa Vue | Studio | Studio,1BA | $1,099 |
| Marina Isle | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,100 |
| Topaz Cay | Messina | 1BR,1BA | $1,124 |
| Villas of Cocoa | 1 Bd 1 Bath | 1BR,1BA | $1,160 |
| Cocoa Hilltops | 2bd 1ba | 2BR,1BA | $1,225 |
Best Value Apartments for Rent in Merritt Island, FL
As of August 24, 2026 the best value apartment in the Merritt Island area is the $1.70 price per square foot North Island Villas Townhome Model at North Island Villas Rental Homes in the in the Merritt Island neighborhood starting from $2,775. The second greatest value Merritt Island apartment is the Paradise Model at The Brittany starting at $1,885 with a $1.31 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 | $1.70 |
| The Brittany | Paradise | 3BR,2BA | $1.31 |
| Legacy at Oakwood Landing | Model C2 | 3BR,2BA | $1.76 |
| Harbour Pointe | Cobia | 2BR,1BA | $1.79 |
| Casa Bella | 2BR/1.0BA | 2BR,1BA | $1.60 |
| Cocoa Hilltops | 2bd 1ba | 2BR,1BA | $1.31 |
| Park Drive Apartments | 1 | 1BR,1BA | $1.63 |
| Shore View Apartments | Studio | Studio ,1BA | $1.84 |
| Topaz Cay | Messina | 1BR,1BA | $1.82 |
| Costa Vue | Studio | Studio ,1BA | $1.83 |
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
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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Best Local Schools in Merritt Island, FL
School data provided by Great Schools
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 273 Apartments for Rent in Merritt Island, FL with pricing that ranges from $925 to $21,666. There are also 250 Single Family Homes for rent, Condos, and Townhome rentals currently available in Merritt Island ranging from $640 to $10,000.
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 $640 to $10,000 with an average monthly rent of $2,701.
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 $1,545 to $11,373, while Three Bedroom Homes, Condos, and Townhomes for rent range from $775 to $8,000. Four Bedroom Single-Family rentals are also available starting from $2,060 and Four Bedroom Apartments start at $3,200.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.