Cheap Homes for Rent in Merritt Island, FL from $900 (72 Rentals)

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property at 808 Forrest Ave

808 Forrest Ave

CocoaFL32922
property at 55 Sea Park Blvd

55 Sea Park Blvd

Satellite BeachFL32937

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.

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property at 50 Needle Blvd

50 Needle Blvd

Merritt IslandFL32953
property at 55 Needle Blvd

55 Needle Blvd

Merritt IslandFL32953

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.

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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 Article
property at 808 Forrest Ave

808 Forrest Ave

CocoaFL32922
property at 110 Summer Pl

110 Summer Pl

Merritt IslandFL32953

Cash 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.

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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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Showing Results 1-50, Page 1 of 2

Merritt Island, FL Local Guide

Cheapest Neighborhoods for Apartments in Merritt Island, FL

Pricing Updated: 09/16/2025

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Abby Marina$5,150$1,40042

Cheapest Available Merritt Island Apartments for Rent

 

The cheapest available apartment rental in Merritt Island, FL is a Studio unit found at Addison Cove in the Abby Marina neighborhood priced from $895. Cocoa Village Flats in the Diamond Square neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here is today’s list of the most affordable Merritt Island apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Addison CoveStudioStudio,1BA$895
Cocoa Village FlatsStudioStudio,1BA$950
Villas of CocoaStudioStudio,1BA$1,080
Topaz CayMessina1BR,1BA$1,149
Marella Bay1 Bedroom 1 Bathroom1BR,1BA$1,175
The Sands on ClearlakeOne Bedroom1BR,1BA$1,195
Marina Isle2 Bedroom 1 Bathroom2BR,1BA$1,275
Costa Vue2 Bedroom 1 Bathroom2BR,1BA$1,279
Rivercrest RacquetA-1 Bedroom 1 Bath1BR,1BA$1,283
Park Drive Apartments11BR,1BA$1,300

Best Value Apartments for Rent in Merritt Island, FL

As of September 16, 2025 the best value apartment in the Merritt Island area is the $1.65 price per square foot North Island Villas Townhome Model at North Island Villas Rental Homes in the in the Abby Marina neighborhood starting from $2,695. The second greatest value Merritt Island apartment is the Vista Model at The Brittany starting at $1,690 with a $1.41 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 ListingModel NameBed/BathPrice Per Sq.Ft.
North Island Villas Rental HomesNorth Island Villas Townhome3BR,2.5BA$1.65
The BrittanyVista2BR,1BA$1.41
Harbour PointeTarpon2BR,1.5BA$1.86
The Pines Resort and ApartmentsB22BR,2BA$1.58
Costa Vue2 Bedroom 1 Bathroom2BR,1BA$1.42
Marina Isle3 Bedroom 1 Bathroom3BR,1BA$1.82
Rivercrest RacquetA-1 Bedroom 1 Bath1BR,1BA$1.60
Park Drive Apartments11BR,1BA$1.63
Marella Bay1 Bedroom 1 Bathroom1BR,1BA$1.57
Topaz CayMessina1BR,1BA$1.86

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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

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

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Merritt Island, FL Rental Homes Map

Frequently Asked Questions about Merritt Island

What type of rentals are currently available in Merritt Island?

There are currently 254 Apartments for Rent in Merritt Island, FL with pricing that ranges from $750 to $9,000. There are also 324 Single Family Homes for rent, Condos, and Townhome rentals currently available in Merritt Island ranging from $950 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 $950 to $10,000 with an average monthly rent of $3,706.

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 $4,213, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $7,000. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $6,392.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.