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Apartments Near Florida Institute of Technology

91 - 120 of 156 Results
92
$1,478 - 2,770
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
$1,834
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
20
$1,475
732 Ridge Club Dr
Melbourne, FL
2 BR | Available Now
4.7 miles from center of campus
Contact
58
$3,400
2077 Seawind Ct Unit 2077
Indialantic, FL
3 BR | Dec. 15, 2026
4.8 miles from center of campus
Contact
Dog Friendly
Balcony/Deck/Patio
Storage
Dishwasher
32
$2,850
1654 Highland Ave
Melbourne, FL
2 BR | Available Now
4.8 miles from center of campus
Contact
1
$2,045
3/2 Condo On The River
5011 S Dixie Highway #a311 Palm Bay, FL
3 BR | Available Now
4.8 miles from center of campus
Contact
Storage
Dishwasher
1
$1,395
2181 Agora Cir SE
Palm Bay, FL
2 BR | Sep. 10, 2026
4.8 miles from center of campus
Contact
Dog Friendly
Cat Friendly
91
$1,525
421 Aviation Ave NE
Palm Bay, FL
3 BR | Ask for Availability
4.8 miles from center of campus
Contact
91
$1,525
421 Aviation Ave NE
Palm Bay, FL
3 BR | Ask for Availability
4.8 miles from center of campus
Contact
1
$1,100
1br Condo
2779 Patty Ln Melbourne, FL
1 BR | Available Now
4.8 miles from center of campus
Contact
1
$1,075
3412 Overlook Dr
Palm Bay, FL
1 BR | Available Now
4.8 miles from center of campus
Contact
House
Storage
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
1
$1,475
Avocado - 1727 Avocado Ave.
1727 Avocado Ave Melbourne, FL
2 BR | Sep. 10, 2026
4.9 miles from center of campus
Contact
Dog Friendly
Cat Friendly
1
$1,200
1914 Agora Circle Se #106
1914 Agora Cir Palm Bay, FL
1 BR | Available Now
4.9 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
Storage
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
21
$1,529
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
1
$1,900
Single Family Home
154 Bamboo Ave SE Palm Bay, FL
3 BR | Available Now
5.0 miles from center of campus
Contact
House
1
$1,500
2244 Shelby Dr
Melbourne, FL
2 BR | Available Now
5.0 miles from center of campus
Contact
House
1
$2,200
4 Br 2 Ba Annual Rental In Gated Community With Community Pool
4210 Aria Dr Melbourne, FL
4 BR | Sep. 1, 2026
5.1 miles from center of campus
Contact
House
Dishwasher
33
$1,395 - 1,540
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
Fitness Center
Pool
20
$1,395
1225 N Wickham Rd
Melbourne, FL
2 BR | Available Now
5.1 miles from center of campus
Contact
1
$1,750
Charming 1 Story Stucco Home - 3 Bed 2 Bath & 2 Car Garage With Large Back Yard!
843 Emden Ave NW Palm Bay, FL
3 BR | Available Now
5.2 miles from center of campus
Contact
House
Dishwasher
36
$2,500
525 Justine Ave
Palm Bay, FL
3 BR | Available Now
5.2 miles from center of campus
Contact
House
Dishwasher
22
$2,700
1981 Guava Ave
Melbourne, FL
2 BR | Available Now
5.2 miles from center of campus
Contact
31
$1,622 - 4,324
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
$2,550
New Home
5039 Sunnytime St West Melbourne, FL
4 BR | Available Now
5.3 miles from center of campus
Contact
Dog Friendly
House
Dishwasher
24
$1,299
Mercury Cove Apartments Too
497 & 499 Mercury Avenue SE Palm Bay, FL
2 BR | Ask for Availability
5.3 miles from center of campus
Contact
Dog Friendly
Cat Friendly
1
$2,200
New Construction 4 Bedroom In Palm Bay
350 Dolphin St SE Palm Bay, FL
4 BR | Available Now
5.4 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
91 - 120 of 156 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 5,125 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 $1,490 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 $1,440 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 $1,620 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 $1,620 per month, which is similar to the national average of $1,630 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 $60,000 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:
August Rent Report

Welcome to the August 2026 Melbourne Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the August 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

$50
$40
$30
$10
$0
Sep. 2025
Oct. 2025
Nov. 2025
Dec. 2025
Jan. 2026
Feb. 2026
Mar. 2026
Apr. 2026
May. 2026
Jun. 2026
Jul. 2026
Aug. 2026
1 BR       2 BR

Melbourne Rent Prices Decrease From July to August

Melbourne rent prices decreased over the last month. From July to August, 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 July to August, 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 $.

August 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.

August 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 August 1 BR M/M % Change 2 BR August 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
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