2026 Affordability Data
Most Affordable Neighborhoods in Merritt Island - 2026 Data
Median rent is $1,210/month. We ranked 15 neighborhoods by affordability to help you find the best value in the Merritt Island, FL area.
Key Takeaways: Affordability in Merritt Island
- 1The most affordable neighborhood in Merritt Island is Sanford, with a median home value of $77,800.
- 2Median rent in Merritt Island is $1,210/month, 4% above nat'l avg (national: $1,163/month).
- 3We analyzed 15 neighborhoods in Merritt Island to find the most affordable areas based on home values, rent, and affordability index.
Merritt Island Affordability Overview
Median Home Value
N/A
Median Rent
$1,210/mo
4% above nat'l avg
Median Income
N/A
Affordability Index
N/A
Most Affordable Neighborhoods in Merritt Island (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | SanfordFL | $77,800 |
| 2 | AuburndaleFL | $229,400 |
| 3 | North Palm Beach villageFL | $418,100 |
| 4 | Haines CityFL | $222,100 |
| 5 | SeminoleFL | $279,000 |
| 6 | BartowFL | $195,200 |
| 7 | Belle GladeFL | $136,500 |
| 8 | SebringFL | $152,000 |
| 9 | LakelandFL | $207,800 |
| 10 | MinneolaFL | $348,700 |
| 11 | Holly HillFL | $155,600 |
| 12 | North LauderdaleFL | $234,300 |
| 13 | West ParkFL | $305,400 |
| 14 | Wellington villageFL | $492,300 |
| 15 | Lake WalesFL | $208,500 |
Detailed Neighborhood Profiles
Home Value: $77,800
Rent: $1,233/mo
Affordability: 258
Population: 1,397
Walk Score: 68/100
Home Value: $229,400
Rent: $776/mo
Affordability: 214
Population: 16,432
Home Value: $418,100
Rent: $776/mo
Affordability: 214
Population: 13,092
4
Home Value: $222,100
Rent: $776/mo
Affordability: 214
Population: 28,922
5
Home Value: $279,000
Rent: $776/mo
Affordability: 214
Population: 19,287
6
Home Value: $195,200
Rent: $776/mo
Affordability: 214
Population: 19,424
7
Home Value: $136,500
Rent: $776/mo
Affordability: 214
Population: 16,896
8
Home Value: $152,000
Rent: $776/mo
Affordability: 214
Population: 11,006
9
Home Value: $207,800
Rent: $776/mo
Affordability: 214
Population: 114,404
10
Home Value: $348,700
Rent: $776/mo
Affordability: 214
Population: 14,406
11
Home Value: $155,600
Rent: $776/mo
Affordability: 214
Population: 12,919
12
Home Value: $234,300
Rent: $776/mo
Affordability: 214
Population: 44,635
13
Home Value: $305,400
Rent: $776/mo
Affordability: 214
Population: 15,074
14
Home Value: $492,300
Rent: $776/mo
Affordability: 214
Population: 61,373
15
Home Value: $208,500
Rent: $776/mo
Affordability: 214
Population: 16,455
Frequently Asked Questions About Affordability in Merritt Island
What is the most affordable neighborhood in Merritt Island, FL?▾
Based on 2026 data, Sanford is the most affordable neighborhood in Merritt Island with a median home value of $77,800. Kurby analyzed 15 neighborhoods in the Merritt Island area to compile these rankings.
What is the average rent in Merritt Island, FL?▾
The median monthly rent in Merritt Island is $1,210. This is 4% above nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
How many neighborhoods in Merritt Island are below the national average home price?▾
11 out of 15 ranked neighborhoods in Merritt Island have a median home value below the national average of $281,900. The most affordable is Sanford at $77,800 (Source: Kurby, 2026).