What are the average rent costs in Palm Bay, FL?

The average rent in Palm Bay, FL is $1,417.

What are the average rent costs of a studio apartment in Palm Bay, FL?

The average rent for a studio apartment in Palm Bay, FL is $1,019.

What are the average rent costs of a one bedroom apartment in Palm Bay, FL?

The average rent for a 1 bedroom apartment in Palm Bay, FL is $1,417.

What are the average rent costs of a two bedroom apartment in Palm Bay, FL?

The average rent for a 2 bedroom apartment in Palm Bay, FL is $1,639.

What are the average rent costs of a three bedroom apartment in Palm Bay, FL?

The average rent for a 3 bedroom apartment in Palm Bay, FL is $1,927.

What are the average rent costs of a four bedroom apartment in Palm Bay, FL?

The average rent for a 4 bedroom apartment in Palm Bay, FL is $2,519.

Cheap Apartments for Rent in Palm Bay, FL

1,542 Rentals

1 BED, 1 BATH

$549

1931 Cleveland St NE

1931 Cleveland St NE, Palm Bay, FL 32905

Call (833) 686-7666
1 BED, 1 BATH

$599

1931 Cleveland St NE

1931 Cleveland St NE, Palm Bay, FL 32905

Call (833) 686-7666
1 BED, 1 BATH

$770

2421 Stone St

2421 Stone St, Melbourne, FL 32901
1 BED, 1 BATH

$795

1294 Drill Ave NE

1294 Drill Ave NE, Palm Bay, FL 32907

Call (321) 345-8958
1 BED, 1 BATH

$815

1623 Painter St SE

1623 Painter St SE, Palm Bay, FL 32909

Call (321) 345-8958
1 BED, 1 BATH

$830

793 Gerhard Ave SW

793 Gerhard Ave SW, Palm Bay, FL 32908

Call (321) 345-8958
1 BED, 1 BATH

$830

793 Gerhard Ave SW

793 Gerhard Ave SW, Palm Bay, FL 32908

Call (321) 345-8958
STUDIO

$900+

1 BED

$1,100+

2 BEDS

$1,600+

Riverview Apartments

2716 Riverview Dr, Melbourne, FL 32901
Discounts

Discounts

STUDIO

$949+

1 BED

$1,214+

Indian River Flats

4700 NE Dixie Hwy, Palm Bay, FL 32905

Call (321) 384-1085
STUDIO

$985+

1 BED

$1,185+

2 BEDS

$1,425+

Windwood Apartments

1530 NE Windwood Dr, Palm Bay, FL 32905

Call (321) 587-3918
Good Value

STUDIO

$985+

1 BED

$1,185+

2 BEDS

$1,425+

Palm Side Apartments

210 Interchange Dr NE, Palm Bay, FL 32907

Call (321) 334-4057
1 BED, 1 BATH

$995

1294 Drill Ave NE

1294 Drill Ave NE, Palm Bay, FL 32907

Call (321) 345-8958
Exceptional Value

1 BED

$1,046+

2 BEDS

$1,255+

3 BEDS

$1,454+

Park at Palm Bay Apartments

1200 SE Hadley Cir, Palm Bay, FL 32909

Call (321) 541-4883
1 BED, 1 BATH

$1,099

3008 Hanson Ave

3008 Hanson Ave, Melbourne, FL 32901
1 BED, 1 BATH

$1,100

4610 Lake Waterford Way

4610 Lake Waterford Way, Melbourne, FL 32901
1 BED, 1 BATH

$1,150

2865 Kirby Cir NE Unit B

2865 Kirby Cir NE, Palm Bay, FL 32905

Apply
Good Value

1 BED

$1,164

The Monroe on Monterey

1635 NE Monterey Dr, Palm Bay, FL 32905

Call (321) 341-8917
1 BED, 1 BATH

$1,195

341 Mercury Ave SE Unit 104

341 Mercury Ave SE, Palm Bay, FL 32909
2 BEDS, 1 BATH

$1,200

1875 Wabun Street Northeast Unit Apt A

1875 Wabun Street Northeast, Palm Bay, FL 32905

Apply
2 BEDS, 2 BATHS

$1,200

1113 Pinewood Dr NE

1113 Pinewood Dr NE, Palm Bay, FL 32905
Rent Special

Rent Special

1 BED

$1,200+

2 BEDS

$1,410+

3 BEDS

$1,950+

Windover Palms

310 Fitness Cir, Melbourne, FL 32901
Rent Special

Rent Special

1 BED

$1,224+

2 BEDS

$1,449+

Meadowdale Apartments

248 E University Blvd, Melbourne, FL 32901

Call (321) 384-9673
Rent Special

Rent Special

1 BED

$1,225+

2 BEDS

$1,294+

3 BEDS

$1,588+

Ascent of Palm Bay

3350 Wedgewood Dr NE, Palm Bay, FL 32905

Call (321) 341-2341
1 BED

$1,225+

2 BEDS

$1,375+

Stonewood Townhomes

325 E University Blvd, Melbourne, FL 32901

Call (321) 341-7693
Good Value

|

1 BED

$1,252+

2 BEDS

$1,455+

3 BEDS

$1,890+

Woodlake Village

1700 Woodlake Dr NE, Palm Bay, FL 32905

Call (321) 341-7465
Good Value

2 BEDS

$1,262

Palm Bay Club

1923 Pinewood Dr NE, Palm Bay, FL 32905

Call (321) 339-1622
Rent Special

Rent Special

|

1 BED

$1,295+

2 BEDS

$1,570+

3 BEDS

$2,005+

The Braxton

1000 Palm Place Dr NE, Palm Bay, FL 32905

Call (321) 499-9315
1 BED, 1 BATH

$1,295

Newly Renovated

1630 Bottlebrush Dr, Palm Bay, FL 32905
2 BEDS, 1 BATH

$1,295

341 Mercury Ave SE Unit 203

341 Mercury Ave SE, Palm Bay, FL 32909
2 BEDS, 1 BATH

$1,295

Charming 2BD/1BA in Prime Palm Bay Location Unit 204

341 Mercury Ave SE, Palm Bay, FL 32909
1 BED

$1,298+

2 BEDS

$1,445+

Malabar Lakes Apartments

1018 NE Malabar Lakes Dr, Palm Bay, FL 32905

Call (321) 341-7935
1 BED, 1 BATH

$1,300

1533 Richards Dr NE Unit Rear

1533 Richards Dr NE, Palm Bay, FL 32905
3 BEDS, 1 BATH

$1,300

940 Culpepper Ave SE

940 Culpepper Ave SE, Palm Bay, FL 32909

Apply
1 BED, 1 BATH

$1,300

4610 Lake Waterford Way Unit 5101

4610 Lake Waterford Way, Melbourne, FL 32901
2 BEDS, 1 BATH

$1,300

835 E University Blvd Unit 111

835 E University Blvd, Melbourne, FL 32901
1 BED, 1 BATH

$1,300

1641 Sunny Brook Ln Unit C107

1641 Sunny Brook Ln, Palm Bay, FL 32905
2 BEDS, 1 BATH

$1,300

1895 Convair St SE Unit 2204

1895 Convair St SE, Palm Bay, FL 32909
2 BEDS, 1 BATH

$1,300

1895 Convair St SE Unit 2201

1895 Convair St SE, Palm Bay, FL 32909
2 BEDS, 2 BATHS

$1,300

927 Sonesta Ave NE Unit 104

927 Sonesta Ave NE, Palm Bay, FL 32905
3 BEDS, 2 BATHS

$1,300

1248 Sandusky St SE

1248 Sandusky St SE, Palm Bay, FL 32909
$145 Off

Price Drop. $145 Off

|

1 BED

$1,303+

2 BEDS

$1,836+

3 BEDS

$2,087+

The Carlton of West Melbourne

4152 Merrillville Dr, West Melbourne, FL 32904

Call (321) 341-5715
Good Value

1 BED

$1,350+

2 BEDS

$1,545+

The Park at Topaz Tuscana

1245 Palm Bay Rd, Melbourne, FL 32905

Call (321) 541-4994

Showing 42 of 525 results, Page 1 of 13

Palm Bay at a Glance

Average Rent

$1,417

(All bedrooms and property types)

Learn more about

Average Rent in Palm Bay

School Rating

out of 10 Rating

Learn more about

Schools in Palm Bay

Some Transit

out of 100 TransitScore^® Rating

Learn more about

Transportation in Palm Bay

Somewhat Bikeable

out of 100 BikeScore^® Rating

Learn more about

Transportation in Palm Bay

Palm Bay, FL Apartments for Rent

Located along Florida's Space Coast, Palm Bay offers a blend of natural surroundings and suburban living. The city features an extensive parks system, including Fred Poppe Regional Park and Turkey Creek Sanctuary, where you can explore hiking trails and waterways. Palm Bay's rental market presents more affordable options compared to many Florida cities, with one-bedroom apartments typically available at rates below the state average, while still offering easy access to Atlantic coast beaches.

Palm Bay's location provides access to major employers in the aerospace and technology sectors, while maintaining a peaceful residential atmosphere. The city connects easily to neighboring communities via Interstate 95 and U.S. Route 1, making commutes to Melbourne straightforward. Recent transportation improvements, including the St. John's Heritage Parkway, have enhanced mobility throughout the area. The combination of housing value, employment opportunities, and proximity to both outdoor recreation and city conveniences makes Palm Bay a notable option on Florida's Space Coast.

Renting in Palm Bay

Average Rental Rates and Apartment Sizes

Apartment Type Average Sq Ft Average Rent
Studio 313 Sq Ft $1,019 / mo
1 Bedroom 700 Sq Ft $1,417 / mo
2 Bedrooms 1,007 Sq Ft $1,639 / mo
3 Bedrooms 1,288 Sq Ft $1,927 / mo
4 Bedrooms 1,828 Sq Ft $2,519 / mo

Top Budget-Friendly Neighborhoods in Palm Bay

(For 1 bedroom apartments)

Neighborhoods Average Sq Ft Average Rent
Palm Bay Colony 876 Sq Ft $1,741/mo
Driskell Heights 877 Sq Ft $1,745/mo
The Shire 871 Sq Ft $1,748/mo
Oakwood Villas 787 Sq Ft $1,884/mo

Getting Around Palm Bay

Transportation

Car-Dependent

out of 100 WalkScore^® Rating

You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.

Somewhat Bikeable

out of 100 BikeScore^® Rating

You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.

Minimal Transit

out of 100 TransitScore^® Rating

You'll likely want a car when living in this area since it has few transit options.

Scores provided by Walk Score^ⓘ

Education

College/University High School Middle School

EFSC Palm Bay Palm Bay Campus

Public University

Florida Tech

Private University

EFSC Melbourne Campus Melbourne Campus

Public University

GreatSchools Rating

Bayside High School

Public High School

Public

Grades 9-12

1,854 Students

GreatSchools Rating

Heritage High School

Public High School

Public

Grades 9-12

2,007 Students

GreatSchools Rating

Southwest Middle School

Public Middle School

Public

Grades 7-8

920 Students

Apartments for Rent Near Palm Bay

Specialty Housing

Choose by Amenities

Palm Bay Apartments for Rent in Your Budget

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Cheap Apartments for Rent in Palm Bay, FL

Palm Bay at a Glance

Average Rent

School Rating

Some Transit

Somewhat Bikeable

Palm Bay, FL Apartments for Rent

Renting in Palm Bay

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Palm Bay

Getting Around Palm Bay

Transportation

Car-Dependent

Somewhat Bikeable

Minimal Transit

Education

Apartments for Rent Near Palm Bay

Specialty Housing

Choose by Amenities

Palm Bay Apartments for Rent in Your Budget

Thank You

About Our Deals

Price Drop

Best Value

Rent Specials