3-Bedroom Apartment Rent in Merritt Island, FL
Median asking rent for a 3-bedroom apartment in Merritt Island, Florida as of July 2026. That's +1% lower than the citywide median of $2,092 and +3% below the national 3-bedroom median of $2,130.
Income needed for a 3-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 3-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 3-bedroom in Florida
| # | City | 3-Bedroom rent |
|---|---|---|
| 1 | Pinewood | $1,249 |
| 2 | Bunnell | $1,270 |
| 3 | Palatka | $1,310 |
| 4 | Lake City | $1,350 |
| 5 | Polk City | $1,363 |
| 6 | Belleview | $1,460 |
| 7 | Auburndale | $1,520 |
| 8 | Bartow | $1,520 |
| 9 | Lake Alfred | $1,520 |
| 10 | Ocklawaha | $1,520 |
| 11 | Hernando | $1,530 |
| 12 | Crawfordville | $1,540 |
| 13 | Valparaiso | $1,547 |
| 14 | Crystal River | $1,555 |
| 15 | Sebring | $1,570 |
Most expensive cities for a 3-bedroom in Florida
| # | City | 3-Bedroom rent |
|---|---|---|
| 1 | Weston | $4,747 |
| 2 | Key Biscayne | $4,510 |
| 3 | Parkland | $4,410 |
| 4 | Doral | $4,310 |
| 5 | Aventura | $4,210 |
| 6 | Loxahatchee | $4,150 |
| 7 | Pembroke Pines | $4,143 |
| 8 | Plantation | $3,997 |
| 9 | Coral Gables | $3,935 |
| 10 | Miami Beach | $3,880 |
| 11 | The Hammocks | $3,820 |
| 12 | Lithia | $3,800 |
| 13 | Bal Harbour | $3,760 |
| 14 | Sunrise | $3,730 |
| 15 | The Crossings | $3,710 |
Nearby cities — 3-bedroom rent
Considering nearby alternatives? 4 of these cities have cheaper 3-bedroom rents than Merritt Island.
| City | Distance | 3-Bedroom rent | vs Merritt Island |
|---|---|---|---|
| Cape Canaveral, FL | 4.8 mi | $1,740 | $-330 (-16%) |
| Cocoa Beach, FL | 5.5 mi | $2,480 | +$410 (+20%) |
| Rockledge, FL | 6.3 mi | $2,560 | +$490 (+24%) |
| Cocoa, FL | 7.8 mi | $1,923 | $-147 (-7%) |
| Satellite Beach, FL | 14.7 mi | $2,690 | +$620 (+30%) |
| Titusville, FL | 16.9 mi | $1,940 | $-130 (-6%) |
| Indian Harbour Beach, FL | 17 mi | $2,222 | +$152 (+7%) |
| Melbourne, FL | 17.3 mi | $2,572 | +$502 (+24%) |
| Indialantic, FL | 19.7 mi | $2,720 | +$650 (+31%) |
| West Melbourne, FL | 20.9 mi | $1,904 | $-166 (-8%) |
| Palm Bay, FL | 27.3 mi | $2,323 | +$253 (+12%) |
| Melbourne Beach, FL | 32 mi | $2,670 | +$600 (+29%) |
3-Bedroom rent in Merritt Island — common questions
How much is a 3-bedroom apartment in Merritt Island?
As of July 2026, the median 3-bedroom apartment rent in Merritt Island, Florida is $2,070 per month. This is +1% below the citywide median of $2,092.
What income do you need to afford a 3-bedroom in Merritt Island?
Using the standard 30% rent-to-income rule, you would need an annual income of about $82,800 ($6,900/month gross), which works out to roughly $39.81/hour at a full-time job.
Is Merritt Island expensive for a 3-bedroom compared to the rest of the US?
Merritt Island's 3-bedroom median of $2,070 is +3% below the national 3-bedroom median of $2,130. It ranks in the 47th percentile of US cities tracked.
How does Merritt Island rank for 3-bedroom rent in Florida?
Among the 276 cities in Florida with 3-bedroom data, Merritt Island ranks #60 from cheapest to most expensive.
Are there cheaper 3-bedroom options near Merritt Island?
Yes — nearby cities with cheaper 3-bedroom rents include Cape Canaveral ($1,740), Cocoa ($1,923), Titusville ($1,940).