Careers
Favorites
Advertise With Us
Log In
Create Search Alert
Get alerts when new listings become available in the Melbourne area that match this search.
Email address:

Subscribed
Error! Please try again later.
Contact Property
Your Name

Email Address

Phone Number
Desired Move In Date
Desired Number of Bedrooms
Request a Tour Date

Ask a Question

Error! Please try again later.

Apartments Near Florida Institute of Technology

1 - 30 of 144 Results
41
$2,158
Melbourne - Airport
1701 Evans Rd Melbourne, FL
Studio | Available Now
2.2 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
74
$2,158
Melbourne - Palm Bay
4450 Hollywood Blvd West Melbourne, FL
Studio | Available Now
2.5 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
7
$1,695
2br/2ba Condo In Palm Bay
1001 Abada Ct Palm Bay, FL
2 BR | Available Now
2.4 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
Pool
50
$1,275 - 1,525
Palmview Cove Apartments
Deal
3151 S Babcock St Melbourne, FL
1 - 2 BR | Available Now
0.4 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Fitness Center
0
$2,800
305 Edgewood Dr
Melbourne, FL
4 BR | Ask for Availability
0.5 miles from center of campus
Contact
House
$2,895
860 Spring Oak Dr
Melbourne, FL
4 BR | Available Now
0.5 miles from center of campus
Contact
House
Air Conditioning
Storage
Dishwasher
Pool
29
$758
Cameron St
Melbourne, FL
1 BR | Ask for Availability
0.6 miles from center of campus
Contact
17
$1,450 - 2,005
The Village At Melbourne
Deal
3502 D'avinci Way Melbourne, FL
2 - 3 BR | Available Now
0.8 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Fitness Center
Pool
30
$2,695
320 Tortuga Way
West Melbourne, FL
4 BR | Available Now
0.8 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Storage
0
$2,000
Corner Unit In Gated Community!
900 Fork Cir Melbourne, FL
3 BR | Available Now
1.2 miles from center of campus
Contact
House
Balcony/Deck/Patio
Dishwasher
7
$1,150
1624 Mitchell St Unit 2
Melbourne, FL
1 BR | Available Now
1.2 miles from center of campus
Contact
Dog Friendly
Cat Friendly
3
$1,275 - 1,295
115 Aria Apartment Homes
115 W Seminole Ave Melbourne, FL
1 BR | Available Now
1.3 miles from center of campus
Contact
Dog Friendly
Cat Friendly
25
$1,650 - 2,580
Highline Apartments
3.4
635 E New Haven Ave Melbourne, FL
Studio - 2 BR | Available Now
1.3 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
14
$1,311 - 1,996
Lake In The Woods
333 Lake In The Woods Dr Melbourne, FL
Studio - 3 BR | Available Now
1.5 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Fitness Center
35
$1,750
Completely Remodeled 3 Br 2 Bath Annual Rental Available Nov 2024 - Melbourne
814 Glenmore Cir Melbourne, FL
3 BR | Available Now
1.5 miles from center of campus
Contact
House
1
$2,200
Welcome To This Charming 2 Bedroom, 2 Bathroom House Located In Melbourne, Fl.
838 Barbados Ave Melbourne, FL
2 BR | Available Now
1.5 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
0
$1,650
San Paulo Village (next Generation)
117 San Paulo Cir & 266 San Paulo Ct. West Melbourne, FL
2 BR | Available Now
1.6 miles from center of campus
Contact
23
$1,950
4835 Lake Waterford Way Apt 4 W
Melbourne, FL
3 BR | Available Now
1.7 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
20
$1,550
2581 Spence Dr NE
Palm Bay, FL
2 BR | Ask for Availability
1.9 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
57
$3,900
New Built Riverfront Condo In Melbourne
1465 S Hbr Melbourne, FL
3 BR | Available Now
1.9 miles from center of campus
Contact
House
Storage
Dishwasher
25
$1,293 - 1,828
The Reserves Of Melbourne
2262 Crippen Ct Melbourne, FL
1 - 2 BR | Available Now
2.2 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Fitness Center
Dishwasher
0
$1,675
3 Bedroom 2 Bathroom With Fenced Backyard
308 Jonquil Ln Melbourne, FL
3 BR | Available Now
2.2 miles from center of campus
Contact
Dog Friendly
House
Dishwasher
18
$1,950
2562 Southover Dr NE
Palm Bay, FL
3 BR | Available Now
2.2 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
Storage
9
$1,495
2270 W New Haven Ave
West Melbourne, FL
2 BR | Available Now
2.3 miles from center of campus
Contact
Dishwasher
1
$1,495
2252 W New Haven Ave
West Melbourne, FL
2 BR | Available Now
2.3 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
Storage
Dishwasher
5
$1,155
Abada Ct NE
Palm Bay, FL
2 BR | Available Now
2.4 miles from center of campus
Contact
Dog Friendly
House
Air Conditioning
Storage
24
$1,800
1256 Dawn St NE
Palm Bay, FL
3 BR | Available Now
2.4 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
Storage
0
$1,025
3670 Dixie Hwy NE
Palm Bay, FL
Studio | Available Now
2.5 miles from center of campus
Contact
Dog Friendly
Cat Friendly
28
$2,225
2725 Bradfordt Dr
West Melbourne, FL
4 BR | Available Now
2.5 miles from center of campus
Contact
Dog Friendly
House
Air Conditioning
Dishwasher
45
$2,050
1700 Forest
1701 Forest Knoll Dr NE Palm Bay, FL
3 BR | Ask for Availability
2.6 miles from center of campus
Contact
1 - 30 of 144 Results
  1. Home
  2. Melbourne
  3. Florida Institute of Technology
Frequently Asked Questions

How many apartments are available in Melbourne, FL on Rentable.co?

Rentable.co has over 3,560 apartments available in Melbourne.

What is the average rent for a studio apartment in Melbourne, FL?

The average rent for a studio apartment in Melbourne is around $1,650 per month.

What is the average rent for a one-bedroom apartment in Melbourne, FL?

The average rent for a one-bedroom apartment in Melbourne is around $1,350 per month.

What is the average rent for a two-bedroom apartment in Melbourne, FL?

The average rent for a two-bedroom apartment in Melbourne is around $1,640 per month.

How expensive is it to rent an apartment in Melbourne, FL?

For a two-bedroom apartment in Melbourne, the average rent price is $1,640 per month, which is similar to the national average of $1,600 per month.

Can I afford an apartment for rent in Melbourne, FL?

Based on average rent prices in Melbourne, to afford a studio apartment you would need an annual household income of $66,000 to live comfortably.

Florida Institute of Technology

Most students at FIT bring a vehicle to school with them (65%), even though the campus is small and walkable. This shows that the majority of off-campus students need vehicles to commute to FIT. The only exception are the students who take public transportation (SCAT’s Bus 26) to class. FIT is just a few miles from Interstate 95 to the west and US Route 192 to the north. A lot of students look towards Palm Bay for off-campus housing, as its only four miles away. Wilson Gardens and West Melbourne are two other popular local areas, and both feature short commutes to FIT’s campus. Melbourne, FIT’s home, is one of Florida’s most beautiful coastal cities. This is especially apparent when you cross over 5th Avenue to the thin strip of land sitting on the Atlantic Ocean. This is where many of beaches are, and where you can find a lot of FIT’s students on the weekends or after class on sunny weekdays. Everyone knows that Florida’s beaches are perfect for students, but Melbourne is a great city for them to explore. There are historic sites, museums, plenty of culture, and over 30 parks for exercise and recreation.

Melbourne:
November Rent Report

Welcome to the November 2024 Melbourne Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Melbourne rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Melbourne and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Melbourne average rent prices in the chart below.

Monthly Rent Report

$1,750
$1,310
$880
$440
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Melbourne Rent Prices Decrease From October to November

Melbourne rent prices decreased over the last month. From October to November, the city experienced a -0.23% decrease for the price of a one-bedroom apartment. The rent price for a Melbourne one-bedroom apartments currently stands at $1,320.0.

When we take a look at the two-bedroom comparison from October to November, Melbourne experienced a -0.79% decrease for the price of a two-bedroom apartment. The rent price for a Melbourne two-bedroom apartments currently stands at $1,637.0.

November Prices: Melbourne vs. Surrounding Areas

Rent Prices in Melbourne and Surrounding Areas

Rent prices have decreased in Melbourne over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Melbourne suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Melbourne suburbs

  • Rents did not decrease in any of the Melbourne suburbs.

November 2024 Pricing Trends: Melbourne vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Melbourne Rent Prices More Affordable Than Major Cities

Rent growth in Melbourne over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Melbourne average rent prices appear to be relatively affordable for local residents.

The price for a Melbourne one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Melbourne and surrounding area rent prices, take a look at the complete data set below.

Data set for Melbourne and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

Browse Melbourne Apartments
Melbourne Apartments by Bedrooms
Melbourne Apartments by Affordability
Melbourne Apartments with Amenities
Melbourne Apartments by Type
Melbourne Apartments by Zip Code