Apartments under $1,200 for Rent in Palm Bay, FL
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Exceptional Value
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Total Monthly Price Total Monthly Price New1 BED$1,269Base Rent$1,099Required Monthly Fees$169Total Monthly Price$1,268
Ascent of Palm Bay
3350 Wedgewood Dr NE, Palm Bay, FL 32905 -
Total Monthly Price Total Monthly Price New1 BED$1,235Base Rent$1,060Required Monthly Fees$175Utilities & EssentialsVariesTotal Monthly Price$1,235
Malabar Lakes
1018 NE Malabar Lakes Dr, Palm Bay, FL 32905 -
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STUDIO$995+1 BED$1,195+
Windwood Apartments
1530 NE Windwood Dr, Palm Bay, FL 32905 -
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STUDIO$950Riverview Apartments
2716 Riverview Dr, Melbourne, FL 32901 -
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Total Monthly Price Total Monthly Price New1 BED, 1 BATH$1,200Base Rent$1,200Required Monthly FeesNoneTotal Monthly Price$1,2001533 Richards Dr NE Unit Rear
1533 Richards Dr NE, Palm Bay, FL 32905 -
Total Monthly Price Total Monthly Price New1 BED, 1 BATH$800Base Rent$800Required Monthly FeesNoneTotal Monthly Price$800662 Lynbrook St NW
662 Lynbrook St NW, Palm Bay, FL 32907 -
1 BED, 1 BATH$1,2001914 Agora Cir SE Unit 107
1914 Agora Cir SE, Palm Bay, FL 32909 -
1 BED, 1 BATH$1,1002114 Henry St NE Unit B
2114 Henry St NE, Palm Bay, FL 32905 -
1 BED, 1 BATH$1,110
2421 Stone St Unit 105
2421 Stone St, Melbourne, FL 32901 -
1 BED, 1 BATH$1,2001914 Agora Cir SE
1914 Agora Cir SE, Palm Bay, FL 32909 -
1 BED, 1 BATH$850567 Poplar St SE
567 Poplar St SE, Palm Bay, FL 32909 -
1 BED$1,099
Meadowdale Apartments
248 E University Blvd, Melbourne, FL 32901 -
1 BED$1,200
Windover Palms
310 Fitness Cir, Melbourne, FL 32901
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Palm Bay, FL Apartments for Rent
Palm Bay is the largest city in Brevard County by land area, positioned along Florida's Space Coast where Turkey Creek meets the Indian River. Those looking for apartments for rent in Palm Bay will find a range of housing options spanning from the historic district near the waterfront to newer residential developments west of Interstate 95. The city's 66 square miles offer a suburban setting with access to natural areas like the Turkey Creek Sanctuary, which features walking trails and opportunities for wildlife observation.
Renting in Palm Bay appeals to those seeking affordable housing near employment centers and outdoor recreation. The city is home to major employers including L3Harris Technologies, supporting the area's aerospace and technology sectors. Fred Poppe Regional Park provides sports facilities and community programming, while numerous neighborhood parks are distributed throughout the city. Palm Bay's location offers convenient access to nearby Melbourne and the broader Space Coast region via Interstate 95, making it practical for commuters. The city's continued growth has brought a mix of apartment communities and residential neighborhoods, with options ranging from studios to larger floor plans suitable for different budgets and lifestyles.
Renting in Palm Bay
Average Rental Rates and Apartment Sizes
- Apartment Type Average Sq Ft Average Rent
- Studio 336 Sq Ft $1,095 / mo
- 1 Bedroom 665 Sq Ft $1,402 / mo
- 2 Bedrooms 930 Sq Ft $1,552 / mo
- 3 Bedrooms 1,210 Sq Ft $1,844 / mo
- 4 Bedrooms 1,828 Sq Ft $2,577 / mo
Top Budget-Friendly Neighborhoods in Palm Bay
(For 1 bedroom apartments)- Neighborhoods Average Sq Ft Average Rent
- The Shire 913 Sq Ft $1,743/mo
- Driskell Heights 916 Sq Ft $1,758/mo
- Palm Bay Colony 938 Sq Ft $1,814/mo
Education
Data provided by GreatSchools.org 2025 © 2025. All rights reserved.
Apartments for Rent Near Palm Bay
Palm Bay Apartments for Rent in Your Budget
- Apartments with Move-In Specials in Palm Bay, FL
- Palm Bay Apartments Under $700
- Palm Bay Apartments Under $800
- Palm Bay Apartments Under $900
- Palm Bay Apartments Under $1,000
- Palm Bay Apartments Under $1,100
- Palm Bay Apartments Under $1,200
- Palm Bay Apartments Under $1,300
- Palm Bay Apartments Under $1,400
- Palm Bay Apartments Under $1,500
- Palm Bay Apartments Under $1,600
- Palm Bay Apartments Under $1,700
- Palm Bay Apartments Under $1,800
- Palm Bay Apartments Under $1,900
- Palm Bay Apartments Under $2,000
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Apartment communities change their rental rates often - sometimes multiple times a day. We track the changes and keep you up to date when a rental rate decreases.
Best Value
"Best value" units are located in buildings rated three stars or higher. We label apartment rentals that are priced significantly less than similar high-quality units nearby.
Rent Specials
Apartment communities regularly advertise deals for new residents. Whether it's a move-in special or a free tv, we locate the rentals that offer a little something extra when you sign your lease.
Note: Based on community-supplied data and independent market research. Subject to change without notice.