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Apartments Near Florida Institute of Technology

121 - 150 of 240 Results
92
$1,537 - 2,378
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
Dog Friendly
Cat Friendly
Luxury
Balcony/Deck/Patio
Fitness Center
74
$1,769
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
1
$1,325
1350 Westover St
Melbourne, FL
1 BR | Available Now
4.6 miles from center of campus
Contact
Dog Friendly
Cat Friendly
12
$3,000
340 Sea Grape St
Indialantic, FL
3 BR | Available Now
4.6 miles from center of campus
Contact
13
$1,850
2100 Cheryl Ct
Melbourne, FL
3 BR | Available Now
4.6 miles from center of campus
Contact
1
$2,750
Beautiful 3 Bedroom 2 Bath Home Across From Beach !!! $2750!!!!
1953 Cato Ct Indialantic, FL
3 BR | Available Now
4.7 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
Disability Access
28
$1,700
831 Greenwood Manor Cir
West Melbourne, FL
2 BR | Available Now
4.7 miles from center of campus
Contact
11
$1,400
1562 Guava Ave
Melbourne, FL
2 BR | Available Now
4.7 miles from center of campus
Contact
20
$1,475
732 Ridge Club Dr
Melbourne, FL
2 BR | Available Now
4.7 miles from center of campus
Contact
16
$1,700
793 Yukon St NE
Palm Bay, FL
3 BR | Available Now
4.8 miles from center of campus
Contact
10
$1,295
Thor
210 Thor Ave Palm Bay, FL
2 BR | Available Now
4.8 miles from center of campus
Contact
Surface Parking
Storage
Dishwasher
32
$2,850
1654 Highland Ave
Melbourne, FL
2 BR | Available Now
4.8 miles from center of campus
Contact
1
$1,425
2181 Agora Cir SE
Palm Bay, FL
2 BR | Available Now
4.8 miles from center of campus
Contact
Dog Friendly
Cat Friendly
23
$3,000
1251 Beachside Ln
Indialantic, FL
2 BR | Available Now
4.8 miles from center of campus
Contact
1
$1,450
1984 Agora Cir #102 SE
Palm Bay, FL
2 BR | Available Now
4.8 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
48
$1,450 - 1,500
1984 Agora Cir SE
Palm Bay, FL
2 BR | Available Now
4.8 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
13
$3,500
693 Law St
Melbourne, FL
4 BR | Available Now
4.8 miles from center of campus
Contact
20
$2,500
1455 Isabella Dr
Melbourne, FL
3 BR | Available Now
4.9 miles from center of campus
Contact
9
$1,200
1032 Ellen Ct
Melbourne, FL
1 BR | Available Now
4.9 miles from center of campus
Contact
17
$1,250
1034 Ellen Ct
Melbourne, FL
1 BR | Available Now
4.9 miles from center of campus
Contact
30
$2,300 - 2,500
2160 North Hwy
Indialantic, FL
2 BR | Available Now
4.9 miles from center of campus
Contact
33
$1,200
Coral Gardens One Bedroom Condo
2793 Patty Ln Melbourne, FL
1 BR | Available Now
4.9 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Fitness Center
Dishwasher
Pool
1
$1,475
Avocado 1734 Avocado Ave
1734 Avocado Ave Melbourne, FL
2 BR | Available Now
4.9 miles from center of campus
Contact
Dog Friendly
Cat Friendly
13
$1,250
1072 Mollie Ln
Melbourne, FL
1 BR | Available Now
4.9 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
1
$1,475 - 1,495
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
1
$1,225
1914 Agora Circle Se #107
1914 Agora Cir Palm Bay, FL
1 BR | Available Now
4.9 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
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
42
$1,439
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
121 - 150 of 240 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 4,526 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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