Merritt Island, FL Rent History

57 months of data, 20212026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-06)
$2,092
1-year change
+23.2%
$394/mo
5-year change
+36.6%
$561/mo

Monthly rent trend

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Year-by-year rent in Merritt Island

YearMedian rentYoY changevs 2021
2021$1,531/mo0.0%
2022$1,688/mo+10.3%+10.3%
2023$1,804/mo+6.9%+17.8%
2024$1,840/mo+2.0%+20.2%
2025$1,681/mo-8.6%+9.8%
2026$1,905/mo+13.3%+24.4%

Frequently asked questions

How much has rent in Merritt Island changed since 2021?

Median rent in Merritt Island, FL was $1,531 in 2021-10 and is $2,092 as of 2026-06 — a change of $561 per month over 5 years.

How much has Merritt Island rent increased in the last 5 years?

Over the past 5 years, median rent in Merritt Island, FL has changed +36.6% ($561 per month). The current median is $2,092.

Is rent in Merritt Island going up or down year over year?

Year over year, median rent in Merritt Island, FL has increased +23.2% ($394/mo). Current median: $2,092.

See full rent data for Merritt Island, FL
Methodology: Rent figures use ZORI (Zillow Observed Rent Index) monthly smoothed seasonally-adjusted values for all properties (single family + condo + multifamily). Year-by-year table uses April readings (or nearest available month) for consistency across years. 1-/5-/10-year change uses the same month 2026 as the anchor.