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Apartments Near Florida Institute of Technology

31 - 60 of 140 Results
3
$2,249
Melbourne - Airport
1701 Evans Rd Melbourne, FL
Studio | Available Now
2.2 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
27
$2,129
Melbourne - Palm Bay
4450 Hollywood Blvd West Melbourne, FL
Studio | Available Now
2.5 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
49
$1,790 - 2,050
1700 Forest
1701 Forest Knoll Dr NE Palm Bay, FL
2 - 3 BR | Available Now
2.6 miles from center of campus
Contact
Dog Friendly
Cat Friendly
1
$1,900
1460 Sheafe Ave Apt 105 NE
Palm Bay, FL
3 BR | Available Now
2.3 miles from center of campus
Contact
House
Dishwasher
14
$1,800
805 Camellia Dr
Melbourne, FL
3 BR | Available Now
2.3 miles from center of campus
Contact
1
$1,500
Short Term Fully Furnished
1440 Sheafe Ave Palm Bay, FL
2 BR | Available Now
2.3 miles from center of campus
Contact
Furnished
House
Storage
Disability Access
Dishwasher
1
$1,350
Furnished Seasonal Condo
993 Sonesta Ave #a-103 NE Palm Bay, FL
2 BR | Available Now
2.4 miles from center of campus
Contact
Furnished
Balcony/Deck/Patio
Dishwasher
Pool
1
$1,550
915 Sonesta Ave #203 NE
Palm Bay, FL
2 BR | Available Now
2.5 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Balcony/Deck/Patio
1
$1,350
Spacious Ground-floor 2-bed/2-bath Condo In Gated Community!
2160 Forest Knoll Dr Palm Bay, FL
2 BR | Available Now
2.6 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Pool
19
$1,100
2130 Forest Knoll Dr NE
Palm Bay, FL
2 BR | Available Now
2.6 miles from center of campus
Contact
48
$1,355 - 1,745
10X Harbour Bay
Deal
100 Larch Cir NE Palm Bay, FL
1 - 2 BR | Available Now
2.6 miles from center of campus
Contact
In Unit Laundry
30
$1,320 - 2,395
Magnolia at Palm Bay
Deal
1451 Sportsman Ln NE Palm Bay, FL
Studio - 3 BR | Available Now
2.7 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Luxury
Surface Parking
1
$1,600
2824 Coleman
2824 Coleman Ct W Melbourne, FL
2 BR | Available Now
2.8 miles from center of campus
Contact
Dishwasher
15
$1,565
120 Laurel Oak St
Melbourne, FL
2 BR | Available Now
2.8 miles from center of campus
Contact
1
$1,450
2 Bedroom Duplex With Garage, Washer And Dryer, Close To Everything!!!!
122 Laurel Oak St West Melbourne, FL
2 BR | Available Now
2.9 miles from center of campus
Contact
House
1
$1,500
Great Location Two Bedroom One Bath With A Garage
120 Laurel Oak St West Melbourne, FL
2 BR | Available Now
2.9 miles from center of campus
Contact
House
Storage
39
$2,300
1625 Par St
Palm Bay, FL
3 BR | Available Now
3.0 miles from center of campus
Contact
24
$2,500
2152 Spring Creek Cir
Palm Bay, FL
3 BR | Available Now
3.0 miles from center of campus
Contact
1
$1,800
2/2 In Palm Bay For Rent
997 Mariposa Dr Palm Bay, FL
2 BR | Available Now
3.0 miles from center of campus
Contact
House
Storage
Disability Access
50
$2,200
3319 Kirkland Rd NE
Palm Bay, FL
2 BR | Available Now
3.1 miles from center of campus
Contact
24
$4,000
127 Memory Ln NE
Palm Bay, FL
3 BR | Available Now
3.5 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Dishwasher
17
$2,250
1873 Brookside St
Palm Bay, FL
4 BR | Available Now
3.7 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Storage
1
$1,900
356 Pipit St NE
Palm Bay, FL
3 BR | Available Now
3.7 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
Storage
Dishwasher
15
$1,800
1501 Shannon Ave
Indialantic, FL
2 BR | Available Now
3.8 miles from center of campus
Contact
36
$1,850
419 Ocean Ave
Melbourne Beach, FL
1 BR | Available Now
3.8 miles from center of campus
Contact
1
$1,100
Charming Half Duplex Unit
1199 Jordan Ct Palm Bay, FL
2 BR | Available Now
3.9 miles from center of campus
Contact
House
32
$2,450
900 Paddleboard Ct
Melbourne, FL
2 BR | Available Now
3.9 miles from center of campus
Contact
1
$1,700
Monthly Rental -melbourne Beach Condo Available! 2027 Peak Season Available Now!
419 Ocean Ave #406 Melbourne Beach, FL
1 BR | Available Now
3.9 miles from center of campus
Contact
Disability Access
1
$1,995
Meadow Lake Subdivision
1723 Vista Lake Cir Melbourne, FL
3 BR | Available Now
4.0 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
6
$5,500
311 3rd Ave
Melbourne Beach, FL
4 BR | Available Now
4.0 miles from center of campus
Contact
House
Air Conditioning
Dishwasher
31 - 60 of 140 Results
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  2. Melbourne
  3. Florida Institute of Technology
Frequently Asked Questions

How many apartments are available in Melbourne, FL on Rentable.co?

Rentable.co has over 4,723 apartments available in Melbourne.

What is the average rent for a studio apartment in Melbourne, FL?

The average rent for a studio apartment in Melbourne is around $1,650 per month.

What is the average rent for a one-bedroom apartment in Melbourne, FL?

The average rent for a one-bedroom apartment in Melbourne is around $1,500 per month.

What is the average rent for a two-bedroom apartment in Melbourne, FL?

The average rent for a two-bedroom apartment in Melbourne is around $1,710 per month.

How expensive is it to rent an apartment in Melbourne, FL?

For a two-bedroom apartment in Melbourne, the average rent price is $1,710 per month, which is similar to the national average of $1,640 per month.

Can I afford an apartment for rent in Melbourne, FL?

Based on average rent prices in Melbourne, to afford a studio apartment you would need an annual household income of $66,000 to live comfortably.

Florida Institute of Technology

Most students at FIT bring a vehicle to school with them (65%), even though the campus is small and walkable. This shows that the majority of off-campus students need vehicles to commute to FIT. The only exception are the students who take public transportation (SCAT’s Bus 26) to class. FIT is just a few miles from Interstate 95 to the west and US Route 192 to the north. A lot of students look towards Palm Bay for off-campus housing, as its only four miles away. Wilson Gardens and West Melbourne are two other popular local areas, and both feature short commutes to FIT’s campus. Melbourne, FIT’s home, is one of Florida’s most beautiful coastal cities. This is especially apparent when you cross over 5th Avenue to the thin strip of land sitting on the Atlantic Ocean. This is where many of beaches are, and where you can find a lot of FIT’s students on the weekends or after class on sunny weekdays. Everyone knows that Florida’s beaches are perfect for students, but Melbourne is a great city for them to explore. There are historic sites, museums, plenty of culture, and over 30 parks for exercise and recreation.

Melbourne:
May Rent Report

Welcome to the May 2026 Melbourne Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2026 key findings and figures for the Melbourne rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Melbourne and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Melbourne average rent prices in the chart below.

Monthly Rent Report

$1,750
$1,310
$880
$440
$0
Jun. 2025
Jul. 2025
Aug. 2025
Sep. 2025
Oct. 2025
Nov. 2025
Dec. 2025
Jan. 2026
Feb. 2026
Mar. 2026
Apr. 2026
May. 2026
1 BR       2 BR

Melbourne Rent Prices Decrease From April to May

Melbourne rent prices decreased over the last month. From April to May, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Melbourne one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from April to May, Melbourne experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Melbourne two-bedroom apartments currently stands at $.

May Prices: Melbourne vs. Surrounding Areas

Rent Prices in Melbourne and Surrounding Areas

Rent prices have decreased in Melbourne over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Melbourne suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Melbourne suburbs

  • Rents did not decrease in any of the Melbourne suburbs.

May 2026 Pricing Trends: Melbourne vs. National Comparisons

Melbourne Rent Prices More Affordable Than Major Cities

Rent growth in Melbourne over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Melbourne average rent prices appear to be relatively affordable for local residents.

The price for a Melbourne one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Melbourne and surrounding area rent prices, take a look at the complete data set below.

Data set for Melbourne and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

Browse Melbourne Apartments
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