2-Bedroom Apartment Rent in Merritt Island, FL
Median asking rent for a 2-bedroom apartment in Merritt Island, Florida as of July 2026. That's +27% lower than the citywide median of $2,092 and +8% below the national 2-bedroom median of $1,655.
Income needed for a 2-bedroom in Merritt Island
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 2-bedroom at the current median rent.
Rent by apartment size in Merritt Island
Compare Merritt Island's median rent across every apartment size.
Cheapest cities for a 2-bedroom in Florida
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Valparaiso | $892 |
| 2 | Polk City | $952 |
| 3 | Bunnell | $999 |
| 4 | Palatka | $1,030 |
| 5 | Hernando | $1,090 |
| 6 | Lake City | $1,110 |
| 7 | Ave Maria | $1,115 |
| 8 | Crystal River | $1,115 |
| 9 | Auburndale | $1,130 |
| 10 | Bartow | $1,130 |
| 11 | Lake Alfred | $1,130 |
| 12 | Belleview | $1,140 |
| 13 | Lake Wales | $1,170 |
| 14 | Homosassa | $1,190 |
| 15 | Ocklawaha | $1,190 |
Most expensive cities for a 2-bedroom in Florida
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Highland Beach | $3,501 |
| 2 | Key Biscayne | $3,490 |
| 3 | Weston | $3,440 |
| 4 | Doral | $3,340 |
| 5 | Aventura | $3,260 |
| 6 | Parkland | $3,195 |
| 7 | Loxahatchee | $3,180 |
| 8 | Coral Gables | $3,045 |
| 9 | Miami Beach | $3,003 |
| 10 | Pembroke Pines | $3,000 |
| 11 | Lithia | $2,970 |
| 12 | The Hammocks | $2,960 |
| 13 | Bal Harbour | $2,910 |
| 14 | Plantation | $2,893 |
| 15 | The Crossings | $2,870 |
Nearby cities — 2-bedroom rent
Considering nearby alternatives? 3 of these cities have cheaper 2-bedroom rents than Merritt Island.
| City | Distance | 2-Bedroom rent | vs Merritt Island |
|---|---|---|---|
| Cape Canaveral, FL | 4.8 mi | $1,280 | $-245 (-16%) |
| Cocoa Beach, FL | 5.5 mi | $1,820 | +$295 (+19%) |
| Rockledge, FL | 6.3 mi | $1,880 | +$355 (+23%) |
| Cocoa, FL | 7.8 mi | $1,413 | $-112 (-7%) |
| Satellite Beach, FL | 14.7 mi | $1,980 | +$455 (+30%) |
| Titusville, FL | 16.9 mi | $1,425 | $-100 (-7%) |
| Indian Harbour Beach, FL | 17 mi | $1,842 | +$317 (+21%) |
| Melbourne, FL | 17.3 mi | $1,892 | +$367 (+24%) |
| Indialantic, FL | 19.7 mi | $2,000 | +$475 (+31%) |
| West Melbourne, FL | 20.9 mi | $1,981 | +$456 (+30%) |
| Palm Bay, FL | 27.3 mi | $1,708 | +$183 (+12%) |
| Melbourne Beach, FL | 32 mi | $1,960 | +$435 (+29%) |
2-Bedroom rent in Merritt Island — common questions
How much is a 2-bedroom apartment in Merritt Island?
As of July 2026, the median 2-bedroom apartment rent in Merritt Island, Florida is $1,525 per month. This is +27% below the citywide median of $2,092.
What income do you need to afford a 2-bedroom in Merritt Island?
Using the standard 30% rent-to-income rule, you would need an annual income of about $61,000 ($5,083/month gross), which works out to roughly $29.33/hour at a full-time job.
Is Merritt Island expensive for a 2-bedroom compared to the rest of the US?
Merritt Island's 2-bedroom median of $1,525 is +8% below the national 2-bedroom median of $1,655. It ranks in the 42th percentile of US cities tracked.
How does Merritt Island rank for 2-bedroom rent in Florida?
Among the 282 cities in Florida with 2-bedroom data, Merritt Island ranks #51 from cheapest to most expensive.
Are there cheaper 2-bedroom options near Merritt Island?
Yes — nearby cities with cheaper 2-bedroom rents include Cape Canaveral ($1,280), Cocoa ($1,413), Titusville ($1,425).