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 217 Results
24
$2,500
1781 Brookshire Cir
Melbourne, FL
3 BR | Available Now
2.6 miles from center of campus
Contact
16
$1,300
2100 Forest Knoll Dr NE
Palm Bay, FL
2 BR | Available Now
2.6 miles from center of campus
Contact
1
$1,300
2100 Forest Knoll Dr
Palm Bay, FL
2 BR | Available Now
2.6 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
Storage
Dishwasher
1
$1,350
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
50
$1,350
2130 Forest Knoll Dr
Palm Bay, FL
2 BR | Available Now
2.6 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
45
$1,295 - 1,801
10X Harbour Bay
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
30
$2,150
2719 Ben Hogan Ct Unit Townhouse
Melbourne, FL
3 BR | Available Now
2.8 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Dishwasher
25
$1,350
2836 Shwonda Ave NE
Palm Bay, FL
2 BR | Available Now
2.9 miles from center of campus
Contact
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
Contact
House
Storage
38
$1,975 - 2,300
1625 Par St
Palm Bay, FL
2 - 3 BR | Available Now
3.0 miles from center of campus
Contact
50
$2,200
3319 Kirkland Rd NE
Palm Bay, FL
2 BR | Available Now
3.1 miles from center of campus
Contact
1
$1,895
1924 Sugarberry Ct NE
Palm Bay, FL
3 BR | Available Now
3.1 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
1
$1,150
Circ5
5 Circle Ave Melbourne, FL
2 BR | Available Now
3.3 miles from center of campus
Contact
12
$2,000
1131 Glenham Dr NE
Palm Bay, FL
3 BR | Available Now
3.4 miles from center of campus
Contact
House
Dishwasher
1
$1,550
Peaceful Neighborhood With 2 Bedrooms And Large Back Yard
466 Laurie St Melbourne, FL
2 BR | Available Now
3.5 miles from center of campus
Contact
House
Storage
11
$1,650
468 Poinciana Dr
Melbourne, FL
3 BR | Available Now
3.5 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
22
$2,000
1837 Ardmore St NE
Palm Bay, FL
3 BR | Available Now
3.6 miles from center of campus
Contact
8
$1,700
1970 Knotty Pine Rd
Melbourne, FL
3 BR | Available Now
3.7 miles from center of campus
Contact
1
$3,650
Beautiful Beachside Home!
530 Bahama Dr Indialantic, FL
4 BR | Available Now
3.7 miles from center of campus
Contact
House
Dishwasher
29
$2,300
971 Fulton Ln NE
Palm Bay, FL
3 BR | Available Now
3.8 miles from center of campus
Contact
1
$1,950
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
29
$2,000
1848 Edith St NE
Palm Bay, FL
3 BR | Available Now
3.9 miles from center of campus
Contact
1
$2,100
Monthly Rental -melbourne Beach Condo -all 3 Peak Season Months Available Now!
419 Ocean Ave #406 Melbourne Beach, FL
1 BR | Jan. 3, 2026
3.9 miles from center of campus
Contact
Disability Access
12
$1,750
622 Plymouth St
Melbourne, FL
3 BR | Available Now
4.0 miles from center of campus
Contact
14
$2,650 - 3,100
The Wave Beachfront Apartments
904 Wave Crest Ave Indialantic, FL
2 BR | Available Now
4.0 miles from center of campus
Contact
Dog Friendly
Cat Friendly
16
$2,325
1711 Barker St NE
Palm Bay, FL
3 BR | Available Now
4.1 miles from center of campus
Contact
26
$4,500
1103 Orange St
Melbourne Beach, FL
4 BR | Available Now
4.1 miles from center of campus
Contact
1
$1,550
Cozy And Roomy! Nice Corner Lot Home 2 Bedrooms 2 Baths With 1 Car Garage And Huge Backyard. Pets Consider!
895 Dupont St Palm Bay, FL
2 BR | Available Now
4.1 miles from center of campus
Contact
House
14
$3,500
877 N Hwy
Indialantic, FL
2 BR | Available Now
4.2 miles from center of campus
Contact
34
$2,150
142 Palmetto Ave
Indialantic, FL
2 BR | Available Now
4.2 miles from center of campus
Contact
61 - 90 of 217 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 4,313 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 $1,670 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 $1,810 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 $1,810 per month, which is higher than 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:
December Rent Report

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

Melbourne Rent Prices Decrease From November to December

Melbourne rent prices decreased over the last month. From November to December, 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 November to December, 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 $.

December 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.

December 2025 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 December 1 BR M/M % Change 2 BR December 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