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Apartments Near Florida Institute of Technology

61 - 90 of 140 Results
92
$1,478 - 2,436
The Pointe at Palm Bay
Deal
970 Malabar Rd Palm Bay, FL
1 - 3 BR | Available Now
4.8 miles from center of campus
Contact
Luxury
Balcony/Deck/Patio
Fitness Center
Dishwasher
Pool
20
$2,069
Melbourne - I-95
2265 Coastal Ln Melbourne, FL
Studio | Available Now
4.7 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
17
$1,800
Sabal Palms
3001 Fountainhead Circle Melbourne, FL
3 BR | Available Now
4.8 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
In Unit Laundry
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
13
$2,000
1145 N Shannon Ave
Indialantic, FL
2 BR | Available Now
4.1 miles from center of campus
Contact
16
$1,200
359 Peggy Cir Unit 1 NE
Palm Bay, FL
1 BR | Available Now
4.1 miles from center of campus
Contact
Air Conditioning
13
$3,100
1014 Musgrass Circle
West Melbourne, FL
5 BR | Available Now
4.1 miles from center of campus
Contact
House
Dishwasher
5
$4,200
735 N Hwy
Indialantic, FL
3 BR | Available Now
4.1 miles from center of campus
Contact
1
$3,250
Pool Home In Melbourne Beach
217 Fifth Ave Melbourne Beach, FL
3 BR | Jul. 1, 2026
4.2 miles from center of campus
Contact
Dog Friendly
House
Dishwasher
34
$2,150
142 Palmetto Ave
Indialantic, FL
2 BR | Available Now
4.2 miles from center of campus
Contact
25
$1,082 - 1,652
The Harbours
Deal
1032 Hidden Harbour Dr Melbourne, FL
1 - 2 BR | Available Now
4.2 miles from center of campus
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
1
$2,450
512 Dijon Dr
Melbourne, FL
3 BR | Available Now
4.3 miles from center of campus
Contact
House
19
$814
Burn Dr NE
Palm Bay, FL
1 BR | Ask for Availability
4.3 miles from center of campus
Contact
25
$1,229 - 1,239
Palm Side
210 Interchange Drive Ne Palm Bay, FL
1 BR | Available Now
4.4 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
1
$2,250
3 Story, 3br/3.5ba Condo With Elevator
860 1 Vignoles Ave Palm Bay, FL
3 BR | Available Now
4.4 miles from center of campus
Contact
House
Air Conditioning
Balcony/Deck/Patio
Storage
Disability Access
13
$3,300
320 Pine Tree Dr
Indialantic, FL
3 BR | Available Now
4.5 miles from center of campus
Contact
10
$1,700
1040 Croton Rd
Melbourne, FL
3 BR | Available Now
4.5 miles from center of campus
Contact
16
$1,950
848 Comanche Ave
Melbourne, FL
3 BR | Available Now
4.5 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
16
$1,200
1420 Avocado Ave
Melbourne, FL
1 BR | Available Now
4.5 miles from center of campus
Contact
1
$1,400 - 1,500
1420 Avocado
1420 Avocado Ave Melbourne, FL
1 - 2 BR | Ask for Availability
4.5 miles from center of campus
Contact
1
$2,495
Spacious Three Bedroom Home Located On A Corner Lot With Pool
2913 Bayeux Ave Melbourne, FL
3 BR | Jun. 10, 2026
4.5 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
Disability Access
Dishwasher
1
$1,995
Beautiful 4/2 Home In Palm Bay
278 Emerson Dr NW Palm Bay, FL
4 BR | Available Now
4.5 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
28
$1,700
831 Greenwood Manor Cir
West Melbourne, FL
2 BR | Available Now
4.7 miles from center of campus
Contact
20
$1,475
732 Ridge Club Dr
Melbourne, FL
2 BR | Available Now
4.7 miles from center of campus
Contact
16
$1,700
793 Yukon St NE
Palm Bay, FL
3 BR | Available Now
4.8 miles from center of campus
Contact
32
$2,850
1654 Highland Ave
Melbourne, FL
2 BR | Available Now
4.8 miles from center of campus
Contact
1
$1,395
2181 Agora Cir SE
Palm Bay, FL
2 BR | Available Now
4.8 miles from center of campus
Contact
Dog Friendly
Cat Friendly
2
$1,250 - 1,550
2041 Agora
2041 Agora Cir SE Palm Bay, FL
1 - 2 BR | Available Now
4.8 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
20
$1,450
1984 Agora Cir SE
Palm Bay, FL
2 BR | Available Now
4.8 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
13
$3,500
693 Law St
Melbourne, FL
4 BR | Available Now
4.8 miles from center of campus
Contact
61 - 90 of 140 Results
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  2. Melbourne
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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.

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