Cheap Apartments for Rent near North Merritt Island, FL from $925 (33 Rentals)

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Search the lowest-cost Apartments available for rent right now in North Merritt Island.

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Hammock Harbor
Rent Specials
$1,099 - $1,875
Total Monthly Price

Total Monthly Price

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$1,099 - $1,875

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1 to 4 Bedroom Apartments Available Now

Hammock Harbor

1330 Naples CirRockledge, FL 32955
Affordability
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  • Utilities Included

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Cirrus Apartments
Rent Specials
$1,706 - $2,701
Total Monthly Price

Total Monthly Price

Base Rent
$1,706 - $2,701

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Studio to 3 Bedroom Apartments Available Now

Cirrus Apartments

3070 Cirrus DrCocoa, FL 32926
Family Friendly
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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.

North Merritt Island, FL Local Guide

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 ListingModel NameBed/BathPriced From
Cocoa Village FlatsStudioStudio,1BA$950
Addison CoveStudioStudio,1BA$975
Marella BayStudioStudio,1BA$1,095
Costa VueStudioStudio,1BA$1,099
Hammock HarborAshton1BR,1BA$1,099
Marina Isle1 Bedroom 1 Bathroom1BR,1BA$1,100
Sunrise Apartments1 Bed 1 Bath1BR,1BA$1,149
Villas of Cocoa1 Bd 1 Bath1BR,1BA$1,160
Ayana BluStudioStudio,1BA$1,225
Cocoa Hilltops2bd 1ba2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Riverwalk GrandEndeavour3BR,2BA$1.17
North Island Villas Rental HomesNorth Island Villas Townhome3BR,2.5BA$1.70
Solamere Grand2 Bedroom2BR,2BA$1.24
Integra TrailsB12BR,2BA$1.55
Arbours at Cocoa LandingThe Lovell2BR,2BA$1.74
Hammock HarborCharleston (b)3BR,2BA$1.71
Cocoa Hilltops2bd 1ba2BR,1BA$1.31
Manatee Bay ApartmentsDeluxe Two bedroom, One Bathroom, Second Floor2BR,1BA$1.70
Costa VueStudioStudio ,1BA$1.83
Marina Isle1 Bedroom 1 Bathroom1BR,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.

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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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Remember the 3 Rules of Real Estate:
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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

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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.

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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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.