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Apartments Near Florida Institute of Technology

91 - 120 of 240 Results
32
$2,450
900 Paddleboard Ct
Melbourne, FL
2 BR | Available Now
3.9 miles from center of campus
Contact
1
$1,850
Monthly Rental -melbourne Beach Condo Jan Feb Mar 2026 Available Now!
419 Ocean Ave #406 Melbourne Beach, FL
1 BR | Available Now
3.9 miles from center of campus
Contact
Disability Access
1
$2,200
Meadow Lake Subdivision
1723 Vista Lake Cir Melbourne, FL
3 BR | Available Now
4.0 miles from center of campus
Contact
Dog Friendly
House
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
1
$2,000
413 Deacon Ave NE
Palm Bay, FL
3 BR | Ask for Availability
4.0 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
28
$2,800
50 11th Ave
Indialantic, FL
2 BR | Available Now
4.0 miles from center of campus
Contact
18
$1,800
820 Tupelo Dr
Melbourne, FL
3 BR | Available Now
4.0 miles from center of campus
Contact
23
$1,800
2395 Port Malabar Blvd NE
Palm Bay, FL
3 BR | Available Now
4.0 miles from center of campus
Contact
23
$1,950
2901 Garden Ter NE
Palm Bay, FL
3 BR | Available Now
4.0 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
Storage
Dishwasher
20
$2,900
7935 Timberlake Dr
West Melbourne, FL
4 BR | Available Now
4.1 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Balcony/Deck/Patio
13
$2,000
1145 N Shannon Ave
Indialantic, FL
2 BR | Available Now
4.1 miles from center of campus
Contact
16
$1,800
137 Washington Ave
Indialantic, FL
2 BR | Available Now
4.1 miles from center of campus
Contact
5
$4,200
735 N Hwy
Indialantic, FL
3 BR | Available Now
4.1 miles from center of campus
Contact
27
$2,850
1623 Musgrass Cir
Melbourne, FL
5 BR | Available Now
4.2 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Dishwasher
11
$800
2050 N Shannon Ave
Indialantic, FL
Studio | 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
25
$1,192 - 1,600
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
33
$2,500
611 Americana Blvd NE
Palm Bay, FL
4 BR | Available Now
4.2 miles from center of campus
Contact
House
Air Conditioning
Dishwasher
18
$1,750
1228 E Azalea Ct
Melbourne, FL
2 BR | Available Now
4.3 miles from center of campus
Contact
1
$2,050
1923 Jefferson Ave
Melbourne, FL
4 BR | Available Now
4.4 miles from center of campus
Contact
House
Storage
Disability Access
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
$1,900
2245 Michigan St
Melbourne, FL
3 BR | Available Now
4.4 miles from center of campus
Contact
Dog Friendly
House
Dishwasher
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
$1,995
249 Americana Blvd NE
Palm Bay, FL
3 BR | Available Now
4.5 miles from center of campus
Contact
16
$1,200
1420 Avocado Ave
Melbourne, FL
1 BR | Available Now
4.5 miles from center of campus
Contact
19
$1,900
793 Bianca Dr NE
Palm Bay, FL
2 BR | Available Now
4.5 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
Storage
Dishwasher
1
$1,200 - 1,300
1420 Avocado
1420 Avocado Ave Melbourne, FL
1 BR | Available Now
4.5 miles from center of campus
Contact
1
$3,500
Beautiful Pool Home Only Blocks From The Ocean!
180 Waters Edge Ln Indialantic, FL
3 BR | Available Now
4.6 miles from center of campus
Contact
Dog Friendly
House
Dishwasher
45
$2,200
1467 Guava Ave
Melbourne, FL
2 BR | Available Now
4.6 miles from center of campus
Contact
91 - 120 of 240 Results
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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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