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from $975Studio to 3 Bedroom Apartments Available Now
Marella Bay
700 N Courtenay PkyMerritt Island, FL 32953
Cheap Apartments for Rent in Merritt Island, FL from $400 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in Merritt Island.
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from $975Studio to 1 Bedroom Apartments Available Now
Addison Cove
630 Kurek CtMerritt Island, FL 32953
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from $999Studio to 2 Bedroom Apartments Available Now
Costa Vue
1155 N Courtenay PkyMerritt Island, FL 32953
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from $975Studio to 2 Bedroom Apartments Available Now
Cocoa Village Flats
301 Forrest AveCocoa, FL 32922
650 Dixon Blvd
CocoaFL32922
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from $1,0201 to 2 Bedroom Apartments Contact Us For Availability
Riverpark Apartments
1304-1305 N Fiske BlvdCocoa, FL 32922
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from $1,080Studio to 2 Bedroom Apartments Available Now
Villas of Cocoa
1524 Clearlake RdCocoa, FL 32922
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Merritt Island, FL Local Guide
Merritt Island by Jared is licensed under CC BY 2.0
How much does it cost to rent an apartment in Merritt Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Merritt Island Studio Apartments | $1,120 | $975 | $1,584 |
| Cheap Merritt Island 1 Bedroom Apartments | $1,593 | $1,020 | $2,500 |
| Cheap Merritt Island 2 Bedroom Apartments | $1,863 | $1,175 | $4,175 |
| Cheap Merritt Island 3 Bedroom Apartments | $2,223 | $1,495 | $3,799 |
| Cheap Merritt Island 4 Bedroom Apartments | $3,200 | $2,400 | $4,000 |
Browse Top Apartments in Merritt Island
See all Apartments in Merritt IslandExplore Merritt Island
Merritt Island, FL Local Guide
- Merritt Island Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Apartments in Merritt Island, FL
Pricing Updated: 03/24/2025Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Abby Marina | $5,325 | $1,350 | 102 |
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 Downtown Cocoa neighborhood priced from $975. Cocoa Village Flats in the Diamond Square 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 Merritt Island apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Addison Cove | Studio | Studio,1BA | $975 |
| Cocoa Village Flats | Studio | Studio,1BA | $975 |
| Marella Bay | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,099 |
| Villas of Cocoa | 1 Bd 1 Bath | 1BR,1BA | $1,160 |
| Park Drive Apartments | 1 | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in Merritt Island, FL
As of March 25, 2025 the best value apartment in the Merritt Island area is the $1.67 price per square foot North Island Villas Townhome Model at North Island Villas Rental Homes in the in the Abby Marina neighborhood starting from $2,725. The second greatest value Merritt Island apartment is the 320 Myrtlewood Rd Model at 320 Myrtlewood Rd starting at $2,145 with a $1.74 price per square foot in the Suburban Melbourne neighborhood. Here is today’s list of the best values for Merritt Island apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| North Island Villas Rental Homes | North Island Villas Townhome | 3BR,2.5BA | $1.67 |
| 320 Myrtlewood Rd | 320 Myrtlewood Rd | 3BR,2BA | $1.74 |
| The Brittany | Cabana | 2BR,2BA | $1.29 |
| The Park at Topaz Cay | Roma | 3BR,2BA | $1.61 |
| Harbour Pointe | Tarpon | 2BR,1.5BA | $1.83 |
| Rivercrest Racquet | Junior "B" 2 Bedroom | 2BR,2BA | $1.38 |
| 1560 University Ln, Unit 606 | 1560 University Ln | 2BR,2BA | $1.79 |
| Costa Vue | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.54 |
| Marella Bay | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.52 |
| Park Drive Apartments | 1 | 1BR,1BA | $1.50 |
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Walk Score®
48 / 100
Car-Dependent
Most errands require a car
Bike Score®
41 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Merritt Island Apartments
What is the Cheapest Studio apartment in Merritt Island?
Currently the most affordable Cheap Studio Apartment in Merritt Island is at Addison Cove listed at $975.
How much is rent for a Cheap One Bedroom Merritt Island Apartment?
The lowest price for a Cheap One Bedroom Merritt Island Apartment is $1,099 at Marella Bay.
What is the lowest price for a Cheap Two Bedroom Merritt Island Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Merritt Island is starting from $1,295 at Marella Bay.
What is the most affordable Merritt Island Three Bedroom Apartment?
The best deal on a cheap Merritt Island Three Bedroom Apartment rental is at Marella Bay and starts from $1,595.
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.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.
How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.