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.

Apartments under $1,500 for Rent in Palm Bay, FL

293 Rentals

Good Value

|

1 BED

$1,252+

2 BEDS

$1,455+

Woodlake Village

1700 Woodlake Dr NE, Palm Bay, FL 32905

Call (321) 341-7465
1 Month Free

1 Month Free

|

1 BED

$1,399

The Pointe at Palm Bay

205 Valor Dr SE, Palm Bay, FL 32909

Call (321) 384-5709
Rent Special

Rent Special

|

1 BED

$1,295

The Braxton

1000 Palm Place Dr NE, Palm Bay, FL 32905

Call (321) 499-9315
|

1 BED

$1,499

Isla

1205 Jaslo St, Palm Bay, FL 32909

Call (321) 306-1030
Good Value

|

2 BEDS

$1,495

Mercury Cove Apartments

484 Mercury Ave SE, Palm Bay, FL 32909

Call (321) 541-4921
Good Value

2 BEDS

$1,262

Palm Bay Club

1923 Pinewood Dr NE, Palm Bay, FL 32905

Call (321) 339-1622
|

1 BED

$1,375

Compass

3595 Misty Oak Dr, Melbourne, FL 32901

Call (321) 989-6701
|

1 BED

$1,303

The Carlton of West Melbourne

4152 Merrillville Dr, West Melbourne, FL 32904

Call (321) 341-5715
2 BEDS

$1,410

Meri Palm Bay

1880 Mogra Circle NE, Palm Bay, FL 32905

Call (321) 989-6434
1 BED

$1,417

Madalyn Landing

500 SW Malabar Rd, Palm Bay, FL 32907

Call (321) 989-6350
1 BED

$1,225+

2 BEDS

$1,294+

Ascent of Palm Bay

3350 Wedgewood Dr NE, Palm Bay, FL 32905

Call (321) 341-2341
1 BED

$1,298+

2 BEDS

$1,395+

Malabar Lakes Apartments

1018 NE Malabar Lakes Dr, Palm Bay, FL 32905

Call (321) 341-7935
2 BEDS

$1,429

Malabar Cove Apartments

154 Daffodil Dr SW, Palm Bay, FL 32907

Call (321) 485-7930
1 BED

$1,350

The Park at Topaz Tuscana

1245 Palm Bay Rd, Melbourne, FL 32905

Call (321) 541-4994
1 BED

$1,177

The Monroe on Monterey

1635 NE Monterey Dr, Palm Bay, FL 32905

Call (321) 341-8917
STUDIO

$1,028+

1 BED

$1,218+

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
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
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

$1,224+

2 BEDS

$1,449+

Meadowdale Apartments

248 E University Blvd, Melbourne, FL 32901

Call (321) 384-9673
1 BED

$1,480

Harvard Apartments

1501 Harvard Cir, Melbourne, FL 32905

Call (321) 384-9743
1 BED

$1,225+

2 BEDS

$1,375+

Stonewood Townhomes

325 E University Blvd, Melbourne, FL 32901

Call (321) 341-7693
1 BED

$1,375

10X Harbour Bay

100-500 Larch Cir NE, Palm Bay, FL 32905
STUDIO

$900+

1 BED

$1,100+

Riverview Apartments

2716 Riverview Dr, Melbourne, FL 32901
1 BED, 1 BATH

$995

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
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

$1,300

1533 Richards Dr NE Unit Rear

1533 Richards Dr NE, Palm Bay, FL 32905
1 BED, 1 BATH

$1,400

987 Sonesta Ave NE Unit 108

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

$1,400

961 Darwin Ln NE

961 Darwin Ln NE, Palm Bay, FL 32905

Call (305) 370-9968
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

$1,150

2865 Kirby Cir NE Unit B

2865 Kirby Cir NE, Palm Bay, FL 32905

Apply
3 BEDS, 1 BATH

$1,300

940 Culpepper Ave SE

940 Culpepper Ave SE, Palm Bay, FL 32909

Apply
3 BEDS, 2 BATHS

$1,400

1348 Illinois St NW

1348 Illinois St NW, Palm Bay, FL 32907

Apply
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

$1,370

450 Thor Ave SE

450 Thor Ave SE, Palm Bay, FL 32909
2 BEDS, 2 BATHS

$1,350

4125 Pinewood Dr NE Unit 6

4125 Pinewood Dr NE, Palm Bay, FL 32905
2 BEDS, 1 BATH

$1,500

153 Bayamo Ave NE

153 Bayamo Ave NE, Palm Bay, FL 32907
1 BED, 1 BATH

$1,199

1750 Bottlebrush Dr Unit 105

1750 Bottlebrush Dr, Palm Bay, FL 32905

Showing 42 of 73 results, Page 1 of 2

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 875 Sq Ft $1,734/mo
The Shire 875 Sq Ft $1,734/mo
Driskell Heights 876 Sq Ft $1,737/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

Palm Bay Apartments for Rent in Your Budget

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Apartments under $1,500 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

Palm Bay Apartments for Rent in Your Budget

Thank You

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