Cheap Homes for Rent near North Merritt Island, FL from $1,300 (6 Rentals)

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

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.

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.

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

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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Frequently Asked Questions about North Merritt Island

What type of rentals are currently available in North Merritt Island?

There are currently 30 Apartments for Rent in North Merritt Island, FL with pricing that ranges from $925 to $5,048. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Merritt Island ranging from $1,300 to $8,250.

What is the current price range for Rental Homes in North Merritt Island?

Today's rental pricing for Homes for Rent, Condos and Townhomes in North Merritt Island ranges from $1,300 to $8,250 with an average monthly rent of $2,681.

How much are larger Three and Four Bedroom Rentals in North Merritt Island?

For those who are looking for larger living arrangements, Three Bedroom Apartments in North Merritt Island range from $1,385 to $3,050, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $5,000. Four Bedroom Single-Family rentals are also available starting from $3,100 and Four Bedroom Apartments start at $1,656.

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.

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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.

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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.