RentYield Atlas

ZIP 32953 — Merritt Island, FL: rental yield & market data

Gross rental yield of 5.96% — ranked #497 of 687 Florida ZIP codes. June 2026 data.

Gross rental yield
5.96%
Home value
$428,756
Market rent / mo
$2,131
Price-to-rent
16.8

Trend

Metric1-year change5-year change
Home value-0.9% +21.0%
Market rent+3.1%

Metro: Palm Bay-Melbourne-Titusville, FL · County: Brevard County · Annual rent: $25,572

Comparable ZIP codes in Florida

Similar home values, sorted by yield — the cheapest way to see if 32953 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
33128MiamiFL$428,676$2,6347.37%13.6-4.9%
33054Opa-lockaFL$427,295$2,6157.34%13.6-0.8%
34637Land O LakesFL$428,529$2,5927.26%13.8-5.3%
34996StuartFL$429,279$2,5607.15%14.0-2.6%
33406West Palm BeachFL$428,335$2,4856.96%14.4+0.0%
33142BrownsvilleFL$427,877$2,3656.63%15.1-1.6%
34997StuartFL$430,040$2,1235.92%16.9-3.1%
32708Winter SpringsFL$427,105$1,9955.60%17.8-2.1%

Top rental yields in all of Florida →

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