Merritt Island, FL Rent History
57 months of data, 2021–2026. 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
| Year | Median rent | YoY change | vs 2021 |
|---|---|---|---|
| 2021 | $1,531/mo | — | 0.0% |
| 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.