Merritt Island shares many of the great qualities that make Florida a desirable place to live.
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With hundreds of miles of sandy beaches, crystal-clear springs, and lush everglades, Florida is a paradise for visitors and residents alike. The state is also home to several professional sports teams, including the Miami Dolphins (NFL), Tampa Bay Buccaneers (NFL), Florida Panthers (NHL), Tampa Lighting (NHL), Miami Marlins (MLB), Orlando Magic (NBA), and Miami Heat (NBA). Experience all that Florida has to offer, from its stunning beaches and vibrant atmosphere to its rich traditions and thriving economy.
Discover the magic of living in Florida, where the sun shines bright, the economy thrives, and the quality of life is unparalleled, making it the perfect place to call home.
As of May 2025, Merritt Island's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Merritt Island's average rent is 7.5% ($163) higher than the Florida average of $2,161 and 29.6% ($531) higher than the U.S. average of $1,793.
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,295 | 4.1% ($55) | 29.7% ($546) |
| 2 Beds | $1,578 | 2% ($32) | 25.7% ($546) |
| 3 Beds | $2,740 | 0.2% ($6) | 7.1% ($181) |
| Nearby Cities | Average Rent | Avg. Rent vs. Merritt IslandAverage Rent vs. Merritt Island | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Cocoa Beach | $2,557 | 10% ($233) | 31 days |
| Rockledge | $1,758 | 24.4% ($566) | 28 days |
| Cape Canaveral | $2,032 | 12.6% ($292) | 30 days |
| Cocoa | $1,153 | 50.4% ($1171) | 28 days |
| Satellite Beach | $1,658 | 28.7% ($666) | 30 days |
Explore rental prices, market trends, and availability in Merritt Island, FL.
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