What is the median rent in Merritt Island, FL?

Name: Median rent in Merritt Island, FL, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median gross rent in Merritt Island, FL is $1,441 (±$77) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 2,648 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Merritt Island, the median gross rent went from $1,019 in 2015–2019 to $1,441 in 2020–2024 (+41.4%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on November 12, 2026.

Median gross rent: $1,441 (±$77)
Rented homes: 2,648 (±334)
$2,000 or more: 16.3%
Since 2015–2019: +41.4%

How much rent costs in Merritt Island

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rent	Merritt Island	Brevard County	Florida	United States
Less than $500	3.1% (±2.7 points)	2.7%	3.6%	6.3%
$500 to $999	14.2% (±5.0 points)	12.8%	10.7%	20.2%
$1,000 to $1,499	37.7% (±7.5 points)	31.0%	26.0%	28.1%
$1,500 to $1,999	28.7% (±6.7 points)	31.4%	28.8%	21.1%
$2,000 to $2,499	11.4% (±4.2 points)	14.7%	17.4%	12.0%
$2,500 to $2,999	2.5% (±1.9 points)	4.1%	7.2%	5.5%
$3,000 or more	2.4% (±1.5 points)	3.3%	6.3%	6.8%

The most common range is $1,000 to $1,499, paid by 37.7% of renting households.

16.3% of rented homes in Merritt Island cost $2,000 or more a month.

Merritt Island against Brevard County, its state and the nation

Estimate (90% margin of error)
	Merritt Island	Brevard County	Florida	United States
Median gross rent	$1,441 (±$77)	$1,556 (±$27)	$1,669 (±$5)	$1,413
Rented homes paying rent	2,648 (±334)	57,328 (±1,659)	2,716,443 (±16,958)	42,849,984

In Merritt Island, median gross rent is lower than in Brevard County ($1,556).

It is also lower than in Florida ($1,669).

It is not measurably different from the national figure ($1,413).

In Brevard County, Merritt Island ranks 16 of 26 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 452 of 793.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Merritt Island has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median gross rent	$1,019 (±$60)	$1,441 (±$77)	+41.4%	Up after inflation
Households that rent	22.9% (±1.9 points)	20.0% (±2.2 points)	−2.9 percentage points	Not a measurable change
Rental vacancy rate	16.1% (±4.7 points)	18.3% (±5.7 points)	+2.2 percentage points	Not a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median gross rent in places near Merritt Island

Nearest places with a published estimate, compared with Merritt Island
Place	Distance	Median gross rent	Compared with this place
Merritt Island	—	$1,441 (±$77)	—
Cocoa Beach	3.3 mi	$1,569 (±$240)	Not measurably different
Rockledge	3.9 mi	$1,820 (±$87)	Higher
Viera East	4.0 mi	$1,681 (±$235)	Not measurably different
Tropical Park	5.3 mi	$1,179 (±$160)	Lower
Viera West	5.9 mi	$2,182 (±$201)	Higher
Patrick AFB	6.7 mi	$2,190 (±$89)	Higher
Cocoa West	6.7 mi	$1,162 (±$64)	Lower
Cocoa	7.1 mi	$1,274 (±$123)	Lower

Nearby places with a measurably lower figure: Tropical Park, FL ($1,179), Cocoa West, FL ($1,162), Cocoa, FL ($1,274).

Nearby places with a measurably higher figure: Rockledge, FL ($1,820), Viera West, FL ($2,182), Patrick AFB, FL ($2,190).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent across Brevard County, place by place

Rank	Place	Median gross rent
10	Viera East	$1,681 (±$235)
11	Palm Bay	$1,601 (±$71)
12	Cocoa Beach	$1,569 (±$240)
13	Indialantic	$1,554 (±$741)
14	Melbourne	$1,525 (±$51)
15	Melbourne Village	$1,473 (±$567)
16	Merritt Island	$1,441 (±$77)
17	Micco	$1,430 (±$155)
18	Titusville	$1,334 (±$68)
19	Cape Canaveral	$1,318 (±$150)
20	Melbourne Beach	$1,307 (±$538)
21 (tie)	Cocoa	$1,274 (±$123)
21 (tie)	North Merritt Island	$1,274 (±$246)

Showing 13 of 26 places in Brevard County, ranked from highest to lowest.

Merritt Island is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Merritt Island

What is the average rent in Merritt Island, FL?

The Census Bureau publishes the median rather than the average: the median gross rent in Merritt Island is $1,441 (±$77) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much has rent gone up in Merritt Island?

In Merritt Island, the median gross rent went from $1,019 in 2015–2019 to $1,441 in 2020–2024 (+41.4%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

How many rentals in Merritt Island cost more than $2,000 a month?

16.3% of rented homes in Merritt Island have a gross rent of $2,000 or more a month, and 3.1% cost less than $500.

Is rent in Merritt Island higher than in Brevard County?

In Merritt Island, median gross rent is lower than in Brevard County ($1,556).

It is also lower than in Florida ($1,669).

It is not measurably different from the national figure ($1,413).

Is this the rent for an apartment listed today?

No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Merritt Island CDP, Florida (place:44275, in state:12).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.