Woodlake Village
1700 Woodlake Dr NE,
Palm Bay, FL 32905
$1,240 - $1,850
1-3 Beds
Florida Institute of Technology
Melbourne, FL
Florida Institute of Technology - Melbourne, FL Area Guide
Feel that Panther stomp in your crimson and gray
FIT
•
Florida Tech
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Panthers
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Private
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Diverse
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Research-Oriented
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Welcoming
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Rigorous
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Founded in 1958, the Florida Institute of Technology offers undergraduate, master’s, and doctoral programs in science, engineering, aeronautics, business, humanities, mathematics, cybersecurity, psychology, communication, and education. Students leave Florida Tech prepared to enter the global workforce, seek higher-education opportunities, and serve within their communities. Located on Florida’s Space Coast, FIT is proximate to a variety of apartments, houses, and townhomes available for rent in Melbourne and Palm Bay. Convenience to Route 507 and U.S. 192 as well as I-95 makes commuting and traveling from the FIT campus simple. Florida Tech is home to a positive and stimulating campus life with over 100 student clubs and organizations, NCAA Division II Panther athletics, and various special events. Beach access, the NASA Kennedy Space Center, Brevard Zoo, and a range of restaurants and museums are just a short drive from campus. Options for day trips and weekend getaways are plentiful with Orlando, Tampa, and Miami all within a three-hour drive of FIT.
Explore the College
The Clemente Center is a state-of-the-art fitness center
The Olin Engineering Complex includes laboratories and an auditorium
The Olin Physical Sciences Center is home to a research telescope and a geospace laboratory
At 32,000 square feet, the Panther Aquatic Center features pools for competition and recreation
Rent Trends
As of April 2026, the average apartment rent in Melbourne, FL is $1,259 for a studio, $1,472 for one bedroom, $1,685 for two bedrooms, and $2,166 for three bedrooms. Apartment rent in Melbourne has decreased by -3.0% in the past year.
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Studio
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332 sq ft
Average Sq Ft
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$1,259/month
Average Rent
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1 BR
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727 sq ft
Average Sq Ft
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$1,472/month
Average Rent
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2 BR
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1,056 sq ft
Average Sq Ft
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$1,685/month
Average Rent
-
3 BR
-
1,328 sq ft
Average Sq Ft
-
$2,166/month
Average Rent
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Florida Institute of Technology - Melbourne, FL (University) is for everyday living.
Fairly Walkable
Walkability
50
/ 100
Limited Public Transit
Transit
30
/ 100
Exceptionally Drivable
Drivability
100
/ 100
Moderately Bikeable
Bikeability
60
/ 100
Daily Essentials
Essentials are more spread out in Florida Institute of Technology - Melbourne, FL (University), so everyday errands require more planning.
No Supermarkets Within a 30 Minute Walk
Groceries
10
/ 100
Fair Restaurant Variety Nearby
Restaurants
50
/ 100
Limited Café Variety Nearby
Cafes
20
/ 100
Fair Variety of Shops Nearby
Shopping
50
/ 100
Local Vibe
Get a sense of what it’s like to live in Florida Institute of Technology - Melbourne, FL (University) from everyday activity to noise and nightlife.
Mostly Calm Atmosphere
Vibrancy
30
/ 100
Limited Nightlife Variety Nearby
Nightlife
20
/ 100
Moderately Noisy
Quiet Score
50
/ 100
Scores provided by
Schools
Public
Grades PK-5
691 Students
Public
Grades PK-5
600 Students
Public
Grades PK-5
458 Students
Public
Grades PK-5
631 Students
Public
Grades PK-5
503 Students
Westshore Junior/Senior High School
Public
Grades 6-12
930 Students
Lyndon B. Johnson Middle School
Public
Grades 6-8
610 Students
Palm Bay Magnet Senior High School
Public
Grades PK & 6-12
1,486 Students
Public
Grades 6-8
670 Students
Westshore Junior/Senior High School
Public
Grades 6-12
930 Students
Public
Grades 9-12
2,249 Students
Public
Grades PK & 9-12
1,586 Students
Palm Bay Magnet Senior High School
Public
Grades PK & 6-12
1,486 Students
School data provided by
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
Points of Interest
Shopping Centers
Parks and Recreation
- Florida Tech Botanical Garden
- Erna Nixon Nature Center
- Turkey Creek Sanctuary (Margaret Hames Nature Center)
- Goode Park
- Malabar Scrub Sanctuary
Airports
- Melbourne Orlando International
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.