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Apartments Near Florida Institute of Technology

61 - 90 of 240 Results
1
$1,225
Cozy 2 Bd/ 2 Ba Apartment In Palm Bay! Washer And Dryer Included!
2130 Forest Knoll Dr Unit 108 Palm Bay, FL
2 BR | Available Now
2.6 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
Pool
27
$1,225
2130 Forest Knoll Dr
Palm Bay, FL
2 BR | Available Now
2.6 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
5
$1,300 - 1,350
2130 Forest Knoll Dr NE
Palm Bay, FL
2 BR | Available Now
2.6 miles from center of campus
Contact
19
$1,395
4611 Tree Ridge Ln NE
Palm Bay, FL
2 BR | Available Now
2.6 miles from center of campus
Contact
48
$1,255 - 1,725
10X Harbour Bay
Deal
100 Larch Cir NE Palm Bay, FL
1 - 2 BR | Available Now
2.6 miles from center of campus
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
1
$2,600
Welcome To This Spacious Three-bedroom, Three-bath Home In The Heart Of Palm Bay
1326 Cherry Hills Rd NE Palm Bay, FL
3 BR | Available Now
2.7 miles from center of campus
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House
1
$1,700
2871 Coleman
2871 Coleman Ct W Melbourne, FL
2 BR | Mar. 6, 2026
2.8 miles from center of campus
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Dishwasher
15
$1,565
120 Laurel Oak St
Melbourne, FL
2 BR | Available Now
2.8 miles from center of campus
Contact
12
$2,100
1522 Breese St NE
Palm Bay, FL
4 BR | Available Now
2.9 miles from center of campus
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1
$1,565
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
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House
Storage
18
$1,250
1698 Sunny Brook Ln
Palm Bay, FL
1 BR | Available Now
3.0 miles from center of campus
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30
$2,100 - 2,300
1625 Par St
Palm Bay, FL
2 - 3 BR | Available Now
3.0 miles from center of campus
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24
$2,500
2152 Spring Creek Cir
Palm Bay, FL
3 BR | Available Now
3.0 miles from center of campus
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50
$2,200
3319 Kirkland Rd NE
Palm Bay, FL
2 BR | Available Now
3.1 miles from center of campus
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1
$2,100
1924 Sugarberry Ct NE
Palm Bay, FL
3 BR | Available Now
3.1 miles from center of campus
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22
$1,650
670 Cedar Side Cir NE
Palm Bay, FL
2 BR | Available Now
3.3 miles from center of campus
Contact
1
$1,150
Circ5
5 Circle Ave Melbourne, FL
2 BR | Available Now
3.3 miles from center of campus
Contact
31
$2,300
836 Riviera Dr NE
Palm Bay, FL
3 BR | Available Now
3.3 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Dishwasher
1
$1,550
1011 Clearmont St Unit 102-2 NE
Palm Bay, FL
2 BR | Available Now
3.3 miles from center of campus
Contact
House
12
$2,000
1131 Glenham Dr NE
Palm Bay, FL
3 BR | Available Now
3.4 miles from center of campus
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House
Dishwasher
11
$1,550
468 Poinciana Dr
Melbourne, FL
3 BR | Available Now
3.5 miles from center of campus
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Dog Friendly
Cat Friendly
House
50
$2,350
1936 Gloria Cir
Palm Bay, FL
3 BR | Available Now
3.6 miles from center of campus
Contact
36
$2,300
472 Ironwood Dr
Melbourne, FL
3 BR | Available Now
3.6 miles from center of campus
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22
$2,000
1837 Ardmore St NE
Palm Bay, FL
3 BR | Available Now
3.6 miles from center of campus
Contact
15
$1,800
1501 Shannon Ave
Indialantic, FL
2 BR | Available Now
3.8 miles from center of campus
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22
$3,500
501 N Palm Ave
Indialantic, FL
3 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
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29
$2,300
971 Fulton Ln NE
Palm Bay, FL
3 BR | Available Now
3.8 miles from center of campus
Contact
1
$1,800
Great Home On Quite Street
868 Vance Cir Palm Bay, FL
3 BR | Available Now
3.8 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
1
$2,295
820 Paddleboard Ct
Melbourne, FL
2 BR | Available Now
3.9 miles from center of campus
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Dog Friendly
Cat Friendly
House
Storage
61 - 90 of 240 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 4,526 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 $1,680 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 $1,820 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 $1,820 per month, which is higher than the national average of $1,650 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:
February Rent Report

Welcome to the February 2026 Melbourne Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the February 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
Mar. 2025
Apr. 2025
May. 2025
Jun. 2025
Jul. 2025
Aug. 2025
Sep. 2025
Oct. 2025
Nov. 2025
Dec. 2025
Jan. 2026
Feb. 2026
1 BR       2 BR

Melbourne Rent Prices Decrease From January to February

Melbourne rent prices decreased over the last month. From January to February, 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 January to February, 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 $.

February 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.

February 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 February 1 BR M/M % Change 2 BR February 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.

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