Cheap Apartments for Rent near Indian River Shores, FL from $500 (48 Rentals)

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Search the lowest-cost Apartments available for rent right now in Indian River Shores.

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Ascent of Palm Bay
$1,205 - $1,586
Total Monthly Price

Total Monthly Price

Base Rent
$1,205 - $1,586

Total Monthly Price
$1,205 - $1,586
1 to 3 Bedroom Apartments Available Aug 23

Ascent of Palm Bay

3350 Wedgewood Dr NEPalm Bay, FL 32905
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

property at 923 22nd Pl

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 2 Bath Condo for Rent

Available Now

923 22nd Pl, Unit 219

923 22nd Pl
Vero BeachFL32960

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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Isla
Rent Specials
$1,629 - $2,254
Total Monthly Price

Total Monthly Price

Base Rent
$1,629 - $2,254

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Isla

1205 Jaslo StPalm Bay, FL 32909
Family Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

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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The Oaks at Royal Palm
1 to 2 Bedroom Apartments

The Oaks at Royal Palm

523 Royal Palm BlvdVero Beach, FL 32960
  • Utilities Included
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Sunquest Apartments
Studio to 2 Bedroom Apartments

Sunquest Apartments

1745 6th AveVero Beach, FL 32960
Corporate 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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2570 42nd St
2 Bedroom Apartments

2570 42nd St

2570 42nd StVero Beach, FL 32967
Student Housing
  • Utilities Included
property at 923 22nd Pl

$1,500 - $1,600

2 Bedroom Rentals

Available Now

923 22nd Pl

Vero BeachFL32960
property at 5035 Fairways Cir

$1,500 - $2,200

1 To 2 Bedroom Rentals

Available Now

5035 Fairways Cir

Vero BeachFL32967
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Atlantis Cove
1 to 2 Bedroom Apartments

Atlantis Cove

2476 Atlantis AveFort Pierce, FL 34981

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.

Indian River Shores, FL Local Guide

Cheapest Available Indian River Shores Apartments for Rent and Nearby

 

The cheapest available apartment rental in Indian River Shores, FL is a 2 Beds unit found at Cove at St Lucie in the Cascades neighborhood priced from $958. Indian River Flats in the South Cove neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,029. Here is today’s list of the most affordable Indian River Shores apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cove at St Lucie22-602BR,2BA$958
Indian River FlatsCoralStudio,1BA$1,029
Sunquest Apartments0BD/1BA StudioStudio,1BA$1,185
THE PARK AT PALM BAY2 Bed 2 Bath2BR,2BA$1,257
The Cottages @ Sunrise CityStudio Standard-Call For AvailabilityStudio,1BA$1,300
The Cottages @ Treasure CoastStudio Standard-Call For AvailabilityStudio,1BA$1,325
Mercury Cove Apartments2BR/1.0BA2BR,1BA$1,395
Taylor Pointe ApartmentsThree Bedroom3BR,2BA$1,482
The Pointe at Palm BayA11BR,1BA$1,490
Cortez Village Townhomesone bedroom/one floor1BR,1BA$1,500

Best Value Apartments for Rent in Indian River Shores, FL and Nearby

As of August 15, 2026 the best value apartment in the Indian River Shores area is the $1.26 price per square foot Aria Model at Cypress Bay in the in the Coastal Brevard neighborhood starting from $2,109. The second greatest value Indian River Shores apartment is the Amalfi Model at Hearty Homes starting at $2,380 with a $1.60 price per square foot in the Cascades neighborhood. Here is today’s list of the best values for Indian River Shores apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cypress BayAria3BR,2BA$1.26
Hearty HomesAmalfi3BR,2.5BA$1.60
Cortez Village Townhomes2bed/2.5 bath2BR,2.5BA$1.38
Taylor Pointe ApartmentsThree Bedroom3BR,2BA$1.21
5080 Fairways Cir, Unit G1035080 Fairways Cir2BR,2BA$1.50
THE PARK AT PALM BAY2 Bed 2 Bath2BR,2BA$1.13
Treasure Cay Apartments2x2 Patio2BR,2BA$1.48
Palms at Vero BeachPalmetto3BR,2BA$1.39
Mercury Cove Apartments2BR/1.0BA2BR,1BA$1.40
Cove at St Lucie22-602BR,2BA$1.01

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

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Frequently Asked Questions about Cheap Indian River Shores Apartments

What is the Cheapest Studio apartment in Indian River Shores?

Currently the most affordable Cheap Studio Apartment in Indian River Shores is at Indian River Flats listed at $1,029.

How much is rent for a Cheap One Bedroom Indian River Shores Apartment?

The lowest price for a Cheap One Bedroom Indian River Shores Apartment is $1,214 at Indian River Flats.

What is the lowest price for a Cheap Two Bedroom Indian River Shores Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Indian River Shores is starting from $958 at Cove at St Lucie.

What is the most affordable Indian River Shores Three Bedroom Apartment?

The best deal on a cheap Indian River Shores 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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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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.