Merritt Island, Florida Short-Term Rental Market
CMarket Score 62/100
Quick Answer: Merritt Island, Florida is an active short-term rental market. average occupancy is 60%. average monthly revenue is $3,956. average daily rate is $239. the top operator is Happy Palm Stays with 408 listings. market score is 62/100 (grade C).
Avg Monthly Revenue
$3,956
↓ 4% YoY
60%
Occupancy
↓ 3.5% YoY
$239
Avg Daily Rate
↑ 3.8% YoY
$144
RevPAR
↑ 0.2% YoY
54.5 days avg lead time4.9 avg length of stay
Market Score Breakdown
Five dimensions Apivex evaluates per market.
Regulation60
Seasonality67
Investability78
Rental Demand89
Revenue Growth48
Seasonal Patterns
| Month | Occupancy | ADR | Revenue |
|---|---|---|---|
| Jan | 65% | $173 | $3,058 |
| Feb | 81% | $187 | $3,585 |
| Mar | 81% | $213 | $4,525 |
| Apr | 63% | $200 | $3,428 |
| May | 61% | $187 | $3,168 |
| Jun | 71% | $209 | $3,958 |
| Jul | 72% | $201 | $3,984 |
| Aug | 56% | $179 | $2,915 |
| Sep | 49% | $160 | $2,254 |
| Oct | 56% | $163 | $2,531 |
| Nov | 57% | $166 | $2,433 |
| Dec | 59% | $176 | $2,695 |
Top Short-Term Rental Operators in Merritt Island
Ranked by total active listings. Useful for understanding the competitive landscape.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | Happy Palm Stays | 408 | 13,709 | ★ 4.82 |
| 2 | Beachside Vacation Rentals | 284 | 8,885 | ★ 4.70 |
| 3 | Evolve | 111 | 5,255 | ★ 4.69 |
| 4 | Beachside VR | 65 | 1,862 | ★ 4.49 |
| 5 | Vacasa | 63 | 1,562 | ★ 4.32 |
What Kind of STR Should I Buy in Merritt Island?
Revenue and pricing by property type, tier, and bedroom count.
Revenue by Bedroom Count
| 1 bed | 1,718 |
| 2 bed | 2,328 |
| 3 bed | 1,529 |
| 4 bed | 602 |
| 5 bed | 347 |
ADR by Property Tier
| Entire Home | $249 |
| Luxury | $410 |
| Professionally Managed | $272 |
Revenue by Dwelling Type
| Apartment | $3,627 |
| Entire Place | $4,157 |
| House | $4,364 |
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 34.6% |
| vrbo | 11.1% |
| both | 54.3% |
Investment Analysis
Revenue Trend (5 yr)
ADR & Occupancy Trends (5 yr)
Run a Free Address Analysis
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Analyze My Property →Home Value Trends (Merritt Island)
Typical Home Value
$431,185
Median Sale Price
$504,333
Days to Pending
43
Analyze Merritt Island Rentals
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