Cheap Apartments for Rent in Fellsmere, FL from $995 (55 Rentals)

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Search the lowest-cost Apartments available for rent right now in Fellsmere.

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Malabar Lakes
$1,111 - $1,497

Total Monthly Price

Base Rent$1,111 - $1,497
Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

Malabar Lakes

1018 NE Malabar Lakes DrPalm Bay, FL 32905
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Ascent of Palm Bay
$1,222 - $1,734

Total Monthly Price

Base Rent$1,222 - $1,734
Total Monthly Price$1,222 - $1,734
1 to 3 Bedroom Apartments Available Now

Ascent of Palm Bay

3350 Wedgewood Dr NEPalm Bay, FL 32905
Corporate Housing
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Malabar Cove Apartments
Rent Specials
$1,429 - $2,019

Total Monthly Price

Base Rent$1,429 - $2,019
Total Monthly PriceVaries
2 to 4 Bedroom Apartments Available Now

Malabar Cove Apartments

154 Daffodil Dr SWPalm Bay, FL 32907
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Isla
$1,429 - $2,254

Total Monthly Price

Base Rent$1,429 - $2,254
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Isla

1205 Jaslo StPalm Bay, FL 32909
Family Friendly
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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10X Harbour Bay
Rent Specials
$1,477

Total Monthly Price

Base Rent$1,477
Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Sep 11

10X Harbour Bay

100-500 Larch Cir NEPalm Bay, FL 32905
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Palm Side Apartments
Studio to 2 Bedroom Apartments

Palm Side Apartments

210 Interchange Dr NEPalm Bay, FL 32907
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2570 42nd St
2 Bedroom Apartments

2570 42nd St

2570 42nd StVero Beach, FL 32967
Student Housing
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Sunquest Apartments
Studio to 2 Bedroom Apartments

Sunquest Apartments

1745 6th AveVero Beach, FL 32960
Corporate Housing
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1700 Forest
2 to 3 Bedroom Apartments

1700 Forest

1700 Forest Knoll Drive Dr NEPalm Bay, FL 32905

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Fellsmere, FL Local Guide

Cheapest Available Fellsmere Apartments for Rent and Nearby

 

The cheapest available apartment rental in Fellsmere, FL is a 1 Bed unit found at THE PARK AT PALM BAY in the The Compound neighborhood priced from $1,049. The Monroe on Monterey in the South Cove neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,137. Here is today’s list of the most affordable Fellsmere apartments for rent:

Apartment ListingModel NameBed/BathPriced From
THE PARK AT PALM BAY1 Bed 1 Bath1BR,1BA$1,049
The Monroe on MontereyA11BR,1BA$1,137
Malabar LakesSanctuary2BR,2BA$1,212
Woodlake Village1 Bed 1 Bath1BR,1BA$1,240
The BraxtonA11BR,1BA$1,250
Princeton ParcSand Dollar1BR,1BA$1,265
Aventine at West MelbourneSunset One1BR,1BA$1,283
Taylor Pointe ApartmentsTwo Bedroom2BR,2BA$1,289
The Park at Topaz TuscanaTuscany2BR,2BA$1,299
Magnolia at Palm BayS2 - NovaStudio,1BA$1,310

Best Value Apartments for Rent in Fellsmere, FL and Nearby

As of September 08, 2026 the best value apartment in the Fellsmere area is the $1.28 price per square foot Cali Model at Cypress Bay in the in the Coastal Brevard neighborhood starting from $2,338. The second greatest value Fellsmere apartment is the Palm A Model at Amore Village Townhomes starting at $2,187 with a $1.49 price per square foot in the Coastal Brevard neighborhood. Here is today’s list of the best values for Fellsmere apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cypress BayCali4BR,2BA$1.28
Amore Village TownhomesPalm A3BR,2.5BA$1.49
Marin at HarvardB12BR,2BA$1.26
Ascent of Palm BaySanibel2BR,2BA$1.26
The Palms At Vero BeachPalmetto3BR,2BA$1.39
Azara Palm BayB12BR,2BA$1.35
Mercury Cove Apartments2BR/1.0BA2BR,1BA$1.38
Malabar Cove ApartmentsTwo Bedroom One Bath (b)2BR,1BA$1.47
Taylor Pointe ApartmentsTwo Bedroom2BR,2BA$1.34
The Park at Topaz TuscanaTuscany2BR,2BA$1.46

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Fellsmere Apartments

What is the Cheapest Studio apartment in Fellsmere?

Currently the most affordable Cheap Studio Apartment in Fellsmere is at Magnolia at Palm Bay listed at $1,310.

How much is rent for a Cheap One Bedroom Fellsmere Apartment?

The lowest price for a Cheap One Bedroom Fellsmere Apartment is $1,049 at THE PARK AT PALM BAY.

What is the lowest price for a Cheap Two Bedroom Fellsmere Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Fellsmere is starting from $1,212 at Malabar Lakes.

What is the most affordable Fellsmere Three Bedroom Apartment?

The best deal on a cheap Fellsmere Three Bedroom Apartment rental is at THE PARK AT PALM BAY and starts from $1,455.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.