Careers
Favorites
Advertise With Us
Log In
Create Search Alert
Get alerts when new listings become available in the Melbourne area that match this search.
Email address:

Subscribed
Error! Please try again later.
Contact Property
Your Name

Email Address

Phone Number
Desired Move In Date
Desired Number of Bedrooms
Request a Tour Date

Ask a Question

Error! Please try again later.

Apartments Near Florida Institute of Technology

61 - 90 of 109 Results
43
$1,649
Melbourne - West Melbourne
4650 W New Haven Ave West Melbourne, FL
Studio | Available Now
5.0 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
12
$2,700
1800 Noel Pl Unit 101
Melbourne, FL
3 BR | Jun. 1, 2024
4.8 miles from center of campus
Contact
House
Air Conditioning
Storage
Dishwasher
4
$1,020
3412 Overlook Dr
Palm Bay, FL
1 BR | Available Now
4.8 miles from center of campus
Contact
House
Storage
15
$1,000
4218 Overlook Dr
Palm Bay, FL
1 BR | Available Now
4.9 miles from center of campus
Contact
House
17
$2,175
613 Hamm St NW
Palm Bay, FL
3 BR | Available Now
4.9 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
15
$1,945
761 Kempten St Nw
Palm Bay, FL
3 BR | Available Now
4.9 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Dishwasher
0
$1,150 - 1,450
1135 N Wickham Rd
Melbourne, FL
1 - 2 BR | Available Now
5.0 miles from center of campus
Contact
Dog Friendly
Cat Friendly
10
$1,325
341 Mercury Ave Unit 201 SE
Palm Bay, FL
2 BR | Available Now
5.0 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
Storage
18
$1,325
341 Mercury Avenue Se, Unit 103, Palm Bay
341 Mercury Ave Unit 103 SE Palm Bay, FL
2 BR | Available Now
5.0 miles from center of campus
Contact
House
Storage
13
$2,695
275 Landings Road In Melbourne Beach
275 Landings RD Melbourne Beach, FL
3 BR | Available Now
5.1 miles from center of campus
Contact
House
Storage
$1,195
San Juan Village (discovery)
123&145 San Juan Cir Melbourne, FL
1 BR | Available Now
5.2 miles from center of campus
Contact
20
$2,799
Stunning Updated 5 Bedroom Home In Hammock Trace Preserve Community.
4083 Palladian Way Melbourne, FL
5 BR | Available Now
5.2 miles from center of campus
Contact
House
Balcony/Deck/Patio
Storage
Dishwasher
Pool
16
$2,600
Furnished 2 Bedroom, 2 Bath Condo Across From The Beach!
2700 N Hwy Indialantic, FL
2 BR | Available Now
5.3 miles from center of campus
Contact
$1,450
497 & 499 Mercury Avenue SE
Palm Bay, FL
2 BR | Available Now
5.3 miles from center of campus
Contact
Dog Friendly
Cat Friendly
7
$2,200
2619 Lorna Dr
Melbourne, FL
4 BR | Available Now
5.3 miles from center of campus
Contact
House
$3,100
Beautiful 3 Bedroom And 2 Bathroom House In Gated Community
3070 Purple Martin Ln Indialantic, FL
3 BR | Available Now
5.4 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
36
$1,600
3 Bedroom, 2 Bath Home With Big Back Yard.
174 Deauville Ave Palm Bay, FL
3 BR | Available Now
5.4 miles from center of campus
Contact
House
27
$2,875
Gorgeous 3 Bedroom 3 Bath Beachside Retreat!
14 South Ct Indialantic Beach, FL
3 BR | Available Now
5.4 miles from center of campus
Contact
Dog Friendly
House
Balcony/Deck/Patio
Storage
Pool
31
$5,950
3039 S Hwy
Melbourne Beach, FL
3 BR | Available Now
5.4 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
42
$5,950
3037 S Hwy
Melbourne Beach, FL
3 BR | Available Now
5.4 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Dishwasher
14
$2,870
Gorgeous 4 Bedrooms And 2.5 Bathrooms Single-family Home Located In Harbour Beach Fl!
285 Azalea Ter Indian Harbour Beach, FL
4 BR | Ask for Availability
5.5 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
26
$1,595 - 2,360
The Brittany
4.8
1874 Brittany Drive Indialantic, FL
2 BR | Available Now
5.6 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Dishwasher
7
$1,999
Incredible 4 Bedroom, 2 Bathroom Home In Palm Bay!!
1176 Lamplighter Dr Palm Bay, FL
4 BR | Available Now
5.7 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
$2,795
4br/2.5ba Home In Melbourne
2340 Canopy Dr Melbourne, FL
4 BR | Available Now
5.7 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
31
$1,750
2217 Flower Tree Circle Unit Emerald Park
Melbourne, FL
2 BR | Available Now
5.7 miles from center of campus
Contact
Air Conditioning
Dishwasher
21
$2,800
1009 Flotilla Club Dr
Indian Harbour Beach, FL
3 BR | Available Now
5.7 miles from center of campus
Contact
House
Dishwasher
9
$1,800
Sweet Beachside Villa
1020 Mary Joye Ave Indian Harbour Beach, FL
2 BR | Available Now
5.8 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
Storage
Dishwasher
30
$2,150
983 Pyracantha St NW
Palm Bay, FL
4 BR | Available Now
5.8 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
28
$2,150
Amazing 4 Bd/2ba Home In Palm Bay!!
983 Pyracantha St Palm Bay, FL
4 BR | Available Now
5.8 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
Disability Access
$3,200
277 Coastal Hill Dr
Indian Harbour Beach, FL
3 BR | Ask for Availability
5.8 miles from center of campus
Contact
House
61 - 90 of 109 Results
  1. Home
  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 3,537 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 $1,410 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 $1,640 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 $1,640 per month, which is similar to the national average of $1,620 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 2024 Melbourne Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 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

$1,700
$1,280
$850
$430
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Melbourne Rent Prices Increase From April to May

Melbourne rent prices increased over the last month. From April to May, the city experienced a 0.76% increase for the price of a one-bedroom apartment. The rent price for a Melbourne one-bedroom apartments currently stands at $1,329.0.

When we take a look at the two-bedroom comparison from April to May, Melbourne experienced a 1.95% increase for the price of a two-bedroom apartment. The rent price for a Melbourne two-bedroom apartments currently stands at $1,568.0.

May Prices: Melbourne vs. Surrounding Areas

Rent Prices in Melbourne and Surrounding Areas

Rent prices have increased 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 2024 Pricing Trends: Melbourne vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Melbourne Rent Prices More Affordable Than Major Cities

Rent growth in Melbourne over the past year has been on the rise. 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
Melbourne Apartments by Bedrooms
Melbourne Apartments by Affordability
Melbourne Apartments with Amenities
Melbourne Apartments by Type
Melbourne Apartments by Zip Code