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Apartments Near Florida Institute of Technology

91 - 120 of 140 Results
21
$1,769
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
8
$1,390 - 1,590
Mercury Cove Apartments
Mercury Ave SE Palm Bay, FL
2 BR | Available Now
5.1 miles from center of campus
Contact
Dog Friendly
Cat Friendly
1
$1,500
Charming 2br/1ba Rental In Ne Palm Bay – Fenced Yard & Screened Porch!
153 Bayamo Ave Palm Bay, FL
2 BR | Jun. 1, 2026
4.8 miles from center of campus
Contact
House
Balcony/Deck/Patio
9
$1,200
1032 Ellen Ct
Melbourne, FL
1 BR | Available Now
4.9 miles from center of campus
Contact
43
$2,500
2160 North Hwy
Indialantic, FL
2 BR | Available Now
4.9 miles from center of campus
Contact
13
$2,465
1430 Isabella Dr
Melbourne, FL
3 BR | Available Now
4.9 miles from center of campus
Contact
1
$2,700
Spacious 4-bedroom Home With Modern Features & Fully Fenced Pet-friendly Yard
614 Lynbrook St NW Palm Bay, FL
4 BR | Available Now
4.9 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
1
$1,425 - 1,475
Avocado - 1727 Avocado Ave.
1727 Avocado Ave Melbourne, FL
2 BR | Available Now
4.9 miles from center of campus
Contact
Dog Friendly
Cat Friendly
16
$1,495
1727 Avocado Ave
Melbourne, FL
2 BR | Available Now
4.9 miles from center of campus
Contact
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
1
$1,100
1961 Convair
1961 Convair St Palm Bay, FL
1 BR | Available Now
5.0 miles from center of campus
Contact
20
$1,395
1225 N Wickham Rd
Melbourne, FL
2 BR | Available Now
5.1 miles from center of campus
Contact
1
$1,210
Great Features And Great Price!
421 Mercury Ave #8 Palm Bay, FL
2 BR | Available Now
5.2 miles from center of campus
Contact
House
Balcony/Deck/Patio
Dishwasher
20
$2,500 - 2,700
1981 Guava Ave
Melbourne, FL
Studio - 2 BR | Available Now
5.2 miles from center of campus
Contact
31
$1,400 - 4,680
Integra Station 2114
Deal
2114 Nebula Way West Melbourne, FL
1 - 3 BR | Available Now
5.2 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
1
$1,800
Palm Colony Indialantic, Ground Floor Full Furnished Unit
2700 N Hwy Indialantic, FL
2 BR | Jul. 1, 2026
5.3 miles from center of campus
Contact
Furnished
Dishwasher
Pool
$1,475 - 1,525
Mercury Cove Apartments Too
497 & 499 Mercury Avenue SE Palm Bay, FL
1 - 2 BR | Available Now
5.3 miles from center of campus
Contact
Dog Friendly
Cat Friendly
22
$3,500
180 Richards Rd
Melbourne Beach, FL
4 BR | Available Now
5.4 miles from center of campus
Contact
Dog Friendly
House
Balcony/Deck/Patio
Storage
Dishwasher
31
$5,900
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
1
$895
1001
2221 N Pineapple Ave Melbourne, FL
1 BR | Available Now
5.4 miles from center of campus
Contact
Storage
Disability Access
Dishwasher
42
$5,900
3037 S Hwy
Melbourne Beach, FL
4 BR | Available Now
5.4 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Dishwasher
13
$1,900
1850 Charlesmont Dr
Indialantic, FL
2 BR | Available Now
5.5 miles from center of campus
Contact
1
$1,500
3rd Floor Beach Club Condo In Indialantic, Fl!
1951 Island Club Dr Unit 56 Indialantic, FL
1 BR | Jul. 1, 2026
5.5 miles from center of campus
Contact
Furnished
Storage
Dishwasher
Pool
1
$1,750
2173 Stewart Rd
Melbourne, FL
2 BR | Ask for Availability
5.5 miles from center of campus
Contact
House
1
$3,000
Still Looking For Your Winter Getaway? Available November 19, 2025 – Mid-march 2026!
1841 Island Club Dr Melbourne, FL
2 BR | Available Now
5.6 miles from center of campus
Contact
Dog Friendly
Dishwasher
25
$1,560 - 2,490
The Brittany
Deal
4.8
1874 Brittany Drive Indialantic, FL
2 - 3 BR | Available Now
5.6 miles from center of campus
Contact
Dishwasher
1
$3,000
3230 Sand Dunes Ct
Melbourne Beach, FL
2 BR | Available Now
5.6 miles from center of campus
Contact
11
$1,695
650 Is Clb Ct Unit 139
Melbourne, FL
1 BR | Available Now
5.6 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Dishwasher
31
$2,500
3222 Beach View Way
Melbourne Beach, FL
2 BR | Available Now
5.7 miles from center of campus
Contact
18
$1,275
441 Vickers St
Melbourne, FL
2 BR | Available Now
5.7 miles from center of campus
Contact
91 - 120 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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