Merritt Island, FL Rent History
60 months of data, 2021–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).
Today (2026-09)
$2,221
1-year change
+4.3%
$92/mo
5-year change
+27.9%
$484/mo
Monthly rent trend
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Year-by-year rent in Merritt Island
| Year | Median rent | YoY change | vs 2021 |
|---|---|---|---|
| 2021 | $1,737/mo | — | 0.0% |
| 2022 | $1,912/mo | +10.1% | +10.1% |
| 2023 | $2,044/mo | +6.9% | +17.7% |
| 2024 | $2,084/mo | +2.0% | +20.0% |
| 2025 | $2,111/mo | +1.3% | +21.5% |
| 2026 | $2,170/mo | +2.8% | +24.9% |
Frequently asked questions
How much has rent in Merritt Island changed since 2021?
Median rent in Merritt Island, FL was $1,737 in 2021-10 and is $2,221 as of 2026-09 — a change of $484 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 +27.9% ($484 per month). The current median is $2,221.
Is rent in Merritt Island going up or down year over year?
Year over year, median rent in Merritt Island, FL has increased +4.3% ($92/mo). Current median: $2,221.