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Palm Bay at a Glance

Average Rent

$1,408
(All bedrooms and property types)
Learn more about
Average Rent in Palm Bay
3

School Rating

out of 10 Rating
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Schools in Palm Bay
1

Some Transit

out of 100 TransitScore® Rating
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Transportation in Palm Bay
48

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

Top Budget-Friendly Neighborhoods in Palm Bay

(For 1 bedroom apartments)

Average Rent in Nearby Cities

(For 1 bedroom apartments)

Getting Around Palm Bay

Transportation

34

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.
48

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.
1

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

Public University
Private University
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

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

Apartments for Rent Near Palm Bay

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Palm Bay Apartments for Rent in Your Budget

Frequently asked questions about renting in Palm Bay, FL

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

The average rent in Palm Bay, FL is $1,408.

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 $1,020.

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 $1,408.

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 $1,637.

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 $1,950.

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 $2,526.

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