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

Area Guide

Florida Institute of Technology Melbourne, FL

Feel that Panther stomp in your crimson and gray

FIT Florida Tech Panthers

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 June 2026, the average apartment rent in Melbourne, FL is $1,238 for a studio, $1,481 for one bedroom, $1,689 for two bedrooms, and $2,130 for three bedrooms. Apartment rent in Melbourne has decreased by -3.0% in the past year.

  • Studio

  • 332 sq ft

    Average Sq Ft

  • $1,238/month

    Average Rent

  • 1 BR

  • 730 sq ft

    Average Sq Ft

  • $1,481/month

    Average Rent

  • 2 BR

  • 1,058 sq ft

    Average Sq Ft

  • $1,689/month

    Average Rent

  • 3 BR

  • 1,332 sq ft

    Average Sq Ft

  • $2,130/month

    Average Rent

Getting Around

Fairly Walkable

Walkability

50 / 100

Limited Public Transit

Transit

30 / 100

Exceptionally Drivable

Drivability

100 / 100

Moderately Bikeable

Bikeability

60 / 100

Daily Essentials

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

Mostly Calm Atmosphere

Vibrancy

30 / 100

Limited Nightlife Variety Nearby

Nightlife

20 / 100

Moderately Noisy

Quiet Score

50 / 100

Schools

Viera Elementary School

Public

Grades PK-5

950 Students

Quest Elementary School

Public

Grades PK-5

671 Students

Sherwood Elementary School

Public

Grades PK-5

525 Students

Suntree Elementary School

Public

Grades PK-5

523 Students

Longleaf Elementary School

Public

Grades PK-5

532 Students

Westshore Junior/Senior High School

Public

Grades 6-12

941 Students

Lyndon B. Johnson Middle School

Public

Grades 6-8

553 Students

Palm Bay Magnet Senior High School

Public

Grades PK & 6-12

1,289 Students

Stone Magnet Middle School

Public

Grades 6-8

525 Students

Ged Testing

Public

Grades K-12

Westshore Junior/Senior High School

Public

Grades 6-12

941 Students

Melbourne Senior High School

Public

Grades 9-12

2,249 Students

Eau Gallie High School

Public

Grades PK & 9-12

1,331 Students

Palm Bay Magnet Senior High School

Public

Grades PK & 6-12

1,289 Students

Ged Testing

Public

Grades K-12

Points of Interest

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

Top Apartments Near Florida Institute of Technology

Houses Near Florida Institute of Technology

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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 June 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.