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Apartments Near Florida Institute of Technology

121 - 150 of 158 Results
1
$2,350
Completely Remodeled 3 Br+office 2 Bath Annual Rental Available Immediately Melbourne
1301 Kathwood Dr Melbourne, FL
3 BR | Available Now
5.3 miles from center of campus
Contact
House
1
$1,200
Charming 1br In Melbourne
2125 Highland Ave Melbourne, FL
1 BR | Available Now
5.3 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
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
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
$1,950
Palm Bay Home - Fenced Yard
906 Pace Dr NW Palm Bay, FL
3 BR | Available Now
5.5 miles from center of campus
Contact
House
Dishwasher
25
$1,565 - 2,485
The Brittany
4.8
1874 Brittany Drive Indialantic, FL
2 - 3 BR | Available Now
5.6 miles from center of campus
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Dishwasher
1
$3,000
3230 Sand Dunes Ct
Melbourne Beach, FL
2 BR | Available Now
5.6 miles from center of campus
Contact
4
$2,400
1036 Mary Joye Ave
Indian Harbour Beach, FL
3 BR | Available Now
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
24
$1,795
1048 Hazelwood Dr
Melbourne, FL
3 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
1
$2,000
Indian Harbour Beach Townhome
1015 Ashley Ave Indian Harbour Beach, FL
3 BR | Available Now
5.7 miles from center of campus
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Dog Friendly
House
Dishwasher
23
$2,400
3344 Sandy Reef Ct
Melbourne Beach, FL
2 BR | Available Now
5.7 miles from center of campus
Contact
1
$1,850
Gorgeous 4 Bedroom/ 2 Bathroom In Palm Bay!!
831 Highland Ave Palm Bay, FL
4 BR | Available Now
5.8 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
1
$1,995
*****stunning 4/2 Home In Palm Bay
443 Bridgeport Ave Palm Bay, FL
4 BR | Available Now
5.8 miles from center of campus
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Dog Friendly
Cat Friendly
House
Storage
14
$1,900
1337 Helvenston St NW
Palm Bay, FL
3 BR | Available Now
5.8 miles from center of campus
Contact
10
$1,750
294 Berkshire Ln
Melbourne, FL
2 BR | Available Now
5.9 miles from center of campus
Contact
1
$1,895
***spacious 3/2 Home In Palm Bay
837 Upland Ave SE Palm Bay, FL
3 BR | Available Now
6.0 miles from center of campus
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Dog Friendly
Cat Friendly
House
Storage
1
$1,900
2570 Revolution St Unit 101
Melbourne, FL
3 BR | Available Now
6.0 miles from center of campus
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House
Storage
Disability Access
Dishwasher
1
$1,550
2bd/2ba Condo In Melbourne
209 Bristol Ln Melbourne, FL
2 BR | Available Now
6.1 miles from center of campus
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Dishwasher
Pool
13
$2,500
893 Altura Ave SE
Palm Bay, FL
4 BR | Available Now
6.1 miles from center of campus
Contact
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
32
$1,845
615 Chaloupe St SE
Palm Bay, FL
3 BR | Available Now
6.2 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Dishwasher
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
23
$2,050
1474 Healey St NW
Palm Bay, FL
4 BR | Available Now
6.5 miles from center of campus
Contact
20
$2,550
1938 Jupiter Blvd SW
Palm Bay, FL
4 BR | Available Now
6.6 miles from center of campus
Contact
38
$2,095
1572 Holbrook Rd NW
Palm Bay, FL
3 BR | Available Now
6.9 miles from center of campus
Contact
121 - 150 of 158 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 4,639 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 $1,650 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:
April Rent Report

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

Melbourne Rent Prices Decrease From March to April

Melbourne rent prices decreased over the last month. From March to April, 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 March to April, 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 $.

April 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.

April 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 April 1 BR M/M % Change 2 BR April 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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