
Cheap Apartments for Rent near North Merritt Island, FL from $925 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in North Merritt Island.


Cocoa Village Flats

Addison Cove

Oak Meadows Apartments

Marella Bay

Total Monthly Price
Hammock Harbor

Costa Vue

Marina Isle
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.

Sunrise Apartments

Villas of Cocoa

Harbor Blu

Ayana Blu

Manatee Bay Apartments

Apollo Landings

Dream Space Coast

The Sands on Clearlake
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.

Summerhill Apartments

Oceanside Palms

Integra Trails

The Lenox at Merritt Island

Rockledge Flats

Manatee Landing

Millwright

Arbours at Cocoa Landing
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.

Solamere Grand

Total Monthly Price
Cirrus Apartments

4810 Lake Michigan Ave

3788 W Railroad Ave

265 Spring Dr

7400 US-1

101 Summer Pl

100 Canebreakers Dr
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.

7030 US-1
North Merritt Island, FL Local Guide

How much does it cost to rent an apartment in North Merritt Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| North Merritt Island Studio Apartments | $1,567 | $925 | $5,043 |
| North Merritt Island 1 Bedroom Apartments | $1,704 | $1,014 | $2,075 |
| North Merritt Island 2 Bedroom Apartments | $2,057 | $1,208 | $2,800 |
| North Merritt Island 3 Bedroom Apartments | $2,344 | $1,385 | $3,411 |
| North Merritt Island 4 Bedroom Apartments | $1,765 | $1,656 | $1,875 |
Browse Top Apartments in North Merritt Island
See all Apartments in North Merritt IslandExplore North Merritt Island
North Merritt Island, FL Local Guide
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Cheapest Available North Merritt Island Apartments for Rent and Nearby
 The cheapest available apartment rental in North 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 North 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 |
| Marella Bay | Studio | Studio,1BA | $1,095 |
| Costa Vue | Studio | Studio,1BA | $1,099 |
| Hammock Harbor | Ashton | 1BR,1BA | $1,099 |
| Marina Isle | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,100 |
| Sunrise Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,149 |
| Villas of Cocoa | 1 Bd 1 Bath | 1BR,1BA | $1,160 |
| Ayana Blu | Studio | Studio,1BA | $1,225 |
| Cocoa Hilltops | 2bd 1ba | 2BR,1BA | $1,225 |
Best Value Apartments for Rent in North Merritt Island, FL and Nearby
As of August 24, 2026 the best value apartment in the North Merritt Island area is the $1.17 price per square foot Endeavour Model at Riverwalk Grand in the in the Titusville neighborhood starting from $2,177. The second greatest value North Merritt Island apartment is the North Island Villas Townhome Model at North Island Villas Rental Homes starting at $2,775 with a $1.70 price per square foot in the Merritt Island neighborhood. Here is today’s list of the best values for North Merritt Island apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Riverwalk Grand | Endeavour | 3BR,2BA | $1.17 |
| North Island Villas Rental Homes | North Island Villas Townhome | 3BR,2.5BA | $1.70 |
| Solamere Grand | 2 Bedroom | 2BR,2BA | $1.24 |
| Integra Trails | B1 | 2BR,2BA | $1.55 |
| Arbours at Cocoa Landing | The Lovell | 2BR,2BA | $1.74 |
| Hammock Harbor | Charleston (b) | 3BR,2BA | $1.71 |
| Cocoa Hilltops | 2bd 1ba | 2BR,1BA | $1.31 |
| Manatee Bay Apartments | Deluxe Two bedroom, One Bathroom, Second Floor | 2BR,1BA | $1.70 |
| Costa Vue | Studio | Studio ,1BA | $1.83 |
| Marina Isle | 1 Bedroom 1 Bathroom | 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 ArticleReal 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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore North Merritt Island, FL Rentals by Map
See the most popular apartments and homes in North Merritt Island, FL
Frequently Asked Questions about Cheap North Merritt Island Apartments
What is the Cheapest Studio apartment in North Merritt Island?
Currently the most affordable Cheap Studio Apartment in North Merritt Island is at Cocoa Village Flats listed at $950.
How much is rent for a Cheap One Bedroom North Merritt Island Apartment?
The lowest price for a Cheap One Bedroom North Merritt Island Apartment is $1,099 at Hammock Harbor.
What is the lowest price for a Cheap Two Bedroom North Merritt Island Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in North Merritt Island is starting from $1,225 at Cocoa Hilltops.
What is the most affordable North Merritt Island Three Bedroom Apartment?
The best deal on a cheap North Merritt Island Three Bedroom Apartment rental is at Hammock Harbor and starts from $1,498.
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.