RentDataNowRentDataNow
ZIP Code · FL

ZIP 32953

Pop. 24,759·Brevard County·312th most expensive ZIP in Florida
Median rent (all units)
$2,131/mo
Year-over-Year
+45.3%
Month-over-Month
-8.8%
vs US Median
+$166
Falling (Monthly)
Be the first to discuss 32953 rents ↓
Most AffordableMost Expensive
ZIP 32953 · $2,131
More expensive than 67% of US ZIP codes · National median $1,965/mo
Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$1,130
1 BR
$1,310
2 BR
$1,520
3 BR
$2,070
4 BR+
$2,350
Research median
$1,520/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost
$25,572/yr
At $2,131/mo median
Location
StateFL
CountyBrevard County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 45.3% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+45.3% YoY, -8.8% MoM), not inventory.
Demographics

Who lives here

ZIP 32953 (Merritt Island, FL) is majority owner-occupied, has a large retiree population, 34.5% of residents hold a bachelor's degree or higher.

Population
24,759
Median income
$87,262
Median age
49.1
Renters
26.1%
Age distribution
19.1%
16.6%
22.1%
16%
26.1%
Under 1819.1%
18–3416.6%
35–5422.1%
55–6416%
65+26.1%
Gender
50.9%
49.1%
Male50.9%
Female49.1%
Race & ethnicity
80.4%
White80.4%
Black6.1%
Hispanic12%
Asian2.9%
Education (25+)
25.1%
35.9%
34.5%
No HS diploma4.6%
HS diploma25.1%
Some college35.9%
Bachelor's+34.5%
Housing tenure
73.9%
26.1%
Owner73.9%
Renter26.1%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 32953 in Merritt Island, FL has changed in 5 years

Income
$75,188 → $87,262
up 16.1%
Population
23,853 → 24,759
up 3.8%
Renter share
23.1% → 26.1%
+3.0 pts
Bachelor's+
36.4% → 34.5%
-1.9 pts
Median age
48.5 → 49.1
+0.6 yrs

On the earnings side, the typical household in ZIP 32953 in Merritt Island, FL now reports about $87,262, up from $75,188 in 2021. The population has grown by 3.8% since 2021, moving from about 23,853 residents to roughly 24,759. Renters now make up 26.1% of households, compared with 23.1% five years ago.

Community

Discussions about ZIP 32953

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 32953

About renting in ZIP 32953

Last updated: July 20, 2026

ZIP code 32953 covers Merritt Island, FL. The median rent here is $2,131/mo as of July 2026. A 1-bedroom rents for a median of $1,310/mo. A 2-bedroom rents for a median of $1,520/mo.

At 29% of local median household income ($87,262/yr), ZIP 32953 ranks as affordable compared to the national benchmark of 30%. Rents have increased 45.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 32953?

As of July 20, 2026, the median monthly rent in ZIP 32953 (Merritt Island, FL) is $2,131. This is based on aggregated data from public sources and community submissions.

How does ZIP 32953 rent compare to the US average?

ZIP 32953's median rent of $2,131/mo is $166 (8%) above the US national median of $1,965/mo.

How does ZIP 32953 compare to other ZIPs in Florida?

ZIP 32953 falls in the middle range for Florida, ranking #312 out of 662 ZIPs at $2,131/mo.

How much income do you need to rent in ZIP 32953?

To keep rent at or below 30% of gross income, you would need to earn at least $85,000/year (~$41/hour full-time) to afford the median rent of $2,131/mo in ZIP 32953. The local median household income is $87,262/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 32953?

Rent in ZIP 32953 has increased 45.3% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 32953 an affordable place to rent?

ZIP 32953 is considered affordable for renters. At $2,131/mo, rent takes approximately 29% of the local median household income ($87,262/yr). The standard benchmark is 30%. ZIP 32953 falls comfortably within that range.

What percentage of ZIP 32953 residents rent vs. own?

According to Census data, approximately 26.1% of ZIP 32953 households are renters, while 73.9% are owner-occupied. ZIP 32953 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 32953 compare to the rest of Merritt Island?

ZIP 32953 is pricier than Merritt Island as a whole. At $2,131/mo, it's $39 above the Merritt Island citywide median of $2,092/mo.

When was rent data for ZIP 32953 last updated?

Rent data for ZIP 32953 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
29%
AFFORDABLE

At $2,131/mo, rent takes ~29% of ZIP 32953's median household income ($87,262/yr). The standard benchmark is 30%.

ZIP 32953 29%Benchmark 30%
State income taxNone
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Schools nearby

Public schools near ZIP 32953 (Merritt Island, FL)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.