Cheap Homes for Rent in Fellsmere, FL from $1,500 (18 Rentals)

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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.

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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Fellsmere, FL Local Guide

Cheapest Available Fellsmere Apartments for Rent and Nearby

 

The cheapest available apartment rental in Fellsmere, FL is a Studio unit found at Indian River Flats in the South Cove neighborhood priced from $920. Taylor Pointe Apartments in the Pineview Park neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,115. Here is today’s list of the most affordable Fellsmere apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Indian River FlatsCoralStudio,1BA$920
Taylor Pointe ApartmentsTwo Bedroom2BR,2BA$1,115
The Monroe on MontereyA3R1BR,1BA$1,234
Woodlake Village1 Bed 1 Bath1BR,1BA$1,240
Azara Palm BayB12BR,2BA$1,269

Best Value Apartments for Rent in Fellsmere, FL and Nearby

As of May 08, 2026 the best value apartment in the Fellsmere area is the $1.27 price per square foot Cali Model at Cypress Bay in the in the Coastal Brevard neighborhood starting from $2,322. The second greatest value Fellsmere apartment is the Palm A Model at Amore Village Townhomes starting at $2,197 with a $1.50 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$1.27
Amore Village TownhomesPalm A3BR,2.5BA$1.50
Marin at HarvardB12BR,2BA$1.29
Malabar Cove ApartmentsThree Bedroom Two Bath (b)3BR,2BA$1.34
Ascent of Palm BaySanibel2BR,2BA$1.18
Palms at Vero BeachPalmetto3BR,2BA$1.25
Azara Palm BayB12BR,2BA$1.22
Mercury Cove Apartments2BR/1.0BA2BR,1BA$1.39
Taylor Pointe ApartmentsTwo Bedroom2BR,2BA$1.16
10X Harbour BayA11BR,1BA$1.55

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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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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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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

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Frequently Asked Questions about Fellsmere

What type of rentals are currently available in Fellsmere?

There are currently 51 Apartments for Rent in Fellsmere, FL with pricing that ranges from $920 to $5,899. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fellsmere ranging from $1,595 to $5,995.

What is the current price range for Rental Homes in Fellsmere?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Fellsmere ranges from $1,595 to $5,995 with an average monthly rent of $2,193.

How much are larger Three and Four Bedroom Rentals in Fellsmere?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Fellsmere range from $1,361 to $4,974, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,699 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,630 and Four Bedroom Apartments start at $1,849.

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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.