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Apartments Near Florida Institute of Technology

121 - 150 of 160 Results
1
$1,500
3rd Floor Beach Club Condo In Indialantic, Fl!
1951 Island Club Dr Unit 56 Indialantic, FL
1 BR | Available Now
5.5 miles from center of campus
Contact
Furnished
Storage
Dishwasher
Pool
29
$1,695 - 2,690
The Brittany
Deal
4.8
1874 Brittany Drive Indialantic, FL
2 - 3 BR | Available Now
5.6 miles from center of campus
Contact
Balcony/Deck/Patio
Den
Dishwasher
1
$3,000
3230 Sand Dunes Ct
Melbourne Beach, FL
2 BR | Available Now
5.6 miles from center of campus
Contact
1
$2,295
For Rent: Spacious 3br/2ba Single-family Home In Sw Palm Bay On 0.67 Acre Lot
219 Wilton Ave SW Palm Bay, FL
3 BR | Available Now
5.6 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
26
$1,600
1022 Mary Joye Ave
Indian Harbour Beach, FL
2 BR | Ask for Availability
5.6 miles from center of campus
Contact
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
23
$2,400
3344 Sandy Reef Ct
Melbourne Beach, FL
2 BR | Available Now
5.7 miles from center of campus
Contact
1
$1,900
Welcome Home To This Beautifully Updated 3-bedroom, 2-bath Half-duplex Featuring A One-car Garage And Plenty Of Recent Upgrades!
1780 Stewart Pl Melbourne, FL
3 BR | Available Now
5.7 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
14
$1,900
1337 Helvenston St NW
Palm Bay, FL
3 BR | Available Now
5.8 miles from center of campus
Contact
20
$2,200
721 Highland Ave NW
Palm Bay, FL
3 BR | Nov. 1, 2026
5.9 miles from center of campus
Contact
House
Dishwasher
1
$4,295
Beachside Dream Home With Pool, Canal Views & No Hoa
279 Marion St Indian Harbour Beach, FL
4 BR | Available Now
5.9 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
1
$2,595
4br/2ba Home In Melbourne
1686 Rustic Way Melbourne, FL
4 BR | Available Now
6.0 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Storage
1
$2,100
Single Family Home
1660 Wake Forest Rd NW Palm Bay, FL
3 BR | Available Now
6.0 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
1
$1,799
Charming 3/2 Home With Open Floor Plan.
1120 Kareena St NW Palm Bay, FL
3 BR | Available Now
6.0 miles from center of campus
Contact
Cat Friendly
House
Dishwasher
37
$1,899
1297 Stone St NW
Palm Bay, FL
4 BR | Available Now
6.0 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
1
$2,300
New Home For Lease
771 Campina Ave SE Palm Bay, FL
3 BR | Available Now
6.0 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
1
$1,550
2bd/2ba Condo In Melbourne
209 Bristol Ln Melbourne, FL
2 BR | Available Now
6.1 miles from center of campus
Contact
Dishwasher
Pool
13
$2,500
893 Altura Ave SE
Palm Bay, FL
4 BR | Available Now
6.1 miles from center of campus
Contact
1
$2,100
Beautiful Townhome Close To The Beach!
113 Kristi Dr Indian Harbour Beach, FL
2 BR | Available Now
6.1 miles from center of campus
Contact
House
Storage
Dishwasher
1
$1,950
Three Bedroom Townhome In Lake Washington Villas
2635 Revolution St #104 Melbourne, FL
3 BR | Nov. 1, 2026
6.1 miles from center of campus
Contact
House
Dishwasher
16
$1,500
2673 Golf Lake Cir
Melbourne, FL
2 BR | Available Now
6.1 miles from center of campus
Contact
21
$1,895
1336 Pace Dr NW
Palm Bay, FL
3 BR | Available Now
6.1 miles from center of campus
Contact
31
$1,945
459 Treemont Ave SW
Palm Bay, FL
4 BR | Available Now
6.1 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
3
$1,795
2274 Emerson Dr
Palm Bay, FL
4 BR | Available Now
6.2 miles from center of campus
Contact
House
Dishwasher
1
$2,800
Completely Remodeled 4/3
1580 Jupiter Blvd Palm Bay, FL
4 BR | Dec. 1, 2026
6.2 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
20
$1,650
913 S Colonial Ct
Indian Harbour Beach, FL
2 BR | Available Now
6.2 miles from center of campus
Contact
6
$1,850
3600 Aurora Rd
Melbourne, FL
2 BR | Available Now
6.2 miles from center of campus
Contact
39
$1,774
550 Higgs Ave NW
Palm Bay, FL
3 BR | Available Now
6.2 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
7
$2,100
1043 Fairplay Ave NW
Palm Bay, FL
3 BR | Nov. 1, 2026
6.3 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Storage
121 - 150 of 160 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 5,276 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 $1,800 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 $1,450 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 $1,850 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 $1,850 per month, which is higher than the national average of $1,610 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 $72,000 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:
October Rent Report

Welcome to the October 2026 Melbourne Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the October 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
Nov. 2025
Dec. 2025
Jan. 2026
Feb. 2026
Mar. 2026
Apr. 2026
May. 2026
Jun. 2026
Jul. 2026
Aug. 2026
Sep. 2026
Oct. 2026
1 BR       2 BR

Melbourne Rent Prices Decrease From September to October

Melbourne rent prices decreased over the last month. From September to October, 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 September to October, 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 $.

October 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.

October 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 October 1 BR M/M % Change 2 BR October 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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