
Cheap Apartments for Rent in Malabar, FL from $900 (48 Rentals)
Search the lowest-cost Apartments available for rent right now in Malabar.


268 Pioneer Ave NE

Indian River Flats

Park at Palm Bay Apartments

Bottlebrush Apartments

1961 Convair St SE

268 Pioneer Ave NE

Total Monthly Price
Ascent of Palm Bay

The Monroe on Monterey
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.

1025 St Johns St SE

Woodlake Village

Azara Palm Bay

2358 Port Malabar Blvd NE

1895 Convair St SE

1123 Tree Ridge Ln NE

1884 Agora Cir SE, Unit 203

The Braxton

2181 Agora Cir SE
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.

Total Monthly Price
4111 Tree Ridge Ln NE, Unit 4111

The Pointe at Palm Bay

Total Monthly Price
Isla

Tides at Palm Bay

942 Chace Ln NE

The Pines Apartments

1199 Jordan Ct NE

1199 Jordan Ct NE, Unit B

Palm Side Apartments
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.

1914 Agora Cir SE

1649 Sunny Brook Ln

1123 Tree Ridge Ln NE

1884 Agora Cir SE

1870 Agora Cir SE

2160 Forest Knoll Dr NE

1648 Sunny Brook Ln

1300 Arlington Ln NE

1648 Brook St NE
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

1641 Sunny Brook Ln

2130 Forest Knoll Dr NE

2100 Forest Knoll Dr NE

4714 Overlook Dr

1051 Clearmont St NE

Mercury Cove Apartments

1452 Turkey Creek Dr NE

3711 Vista Oaks Cir NE

2235 Macedo Rd NE
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.

2235 Macedo NE Rd

1664 Sunny Brook Ln

1700 Forest
Malabar, FL Local Guide

How much does it cost to rent an apartment in Malabar?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Malabar Studio Apartments | $1,406 | $1,049 | $1,865 |
| Cheap Malabar 1 Bedroom Apartments | $1,823 | $1,046 | $2,280 |
| Cheap Malabar 2 Bedroom Apartments | $2,221 | $1,254 | $2,875 |
| Cheap Malabar 3 Bedroom Apartments | $2,899 | $1,432 | $4,500 |
Browse Top Apartments in Malabar
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Malabar, FL Local Guide
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Cheapest Available Malabar Apartments for Rent
 The cheapest available apartment rental in Malabar, FL is a Studio unit found at Indian River Flats in the South Cove neighborhood priced from $1,029. Ascent of Palm Bay in the South Cove neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,164. Here is today’s list of the most affordable Malabar apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Indian River Flats | Coral | Studio,1BA | $1,029 |
| Ascent of Palm Bay | Cape | 1BR,1BA | $1,164 |
| Woodlake Village | 1 Bed 1 Bath | 1BR,1BA | $1,240 |
| The Monroe on Monterey | A1 | 1BR,1BA | $1,242 |
| Azara Palm Bay | B1 | 2BR,2BA | $1,269 |
| The Braxton | A1 | 1BR,1BA | $1,380 |
| The Pointe at Palm Bay | A1 | 1BR,1BA | $1,488 |
| Mercury Cove Apartments | 2BR/1.0BA | 2BR,1BA | $1,495 |
| Isla | A1 | 1BR,1BA | $1,529 |
Best Value Apartments for Rent in Malabar, FL
As of June 21, 2026 the best value apartment in the Malabar area is the $1.22 price per square foot B1 Model at Azara Palm Bay in the in the South Cove neighborhood starting from $1,269. The second greatest value Malabar apartment is the 2BR/1.0BA Model at Mercury Cove Apartments starting at $1,495 with a $1.50 price per square foot in the South Cove neighborhood. Here is today’s list of the best values for Malabar apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Azara Palm Bay | B1 | 2BR,2BA | $1.22 |
| Mercury Cove Apartments | 2BR/1.0BA | 2BR,1BA | $1.50 |
| Ascent of Palm Bay | Cape | 1BR,1BA | $1.33 |
| 4111 Tree Ridge Ln NE, Unit 4111 | 4111 Tree Ridge Ln NE | 2BR,1BA | $1.71 |
| Isla | A1 | 1BR,1BA | $2.02 |
| Woodlake Village | 1 Bed 1 Bath | 1BR,1BA | $1.77 |
| The Pointe at Palm Bay | A1 | 1BR,1BA | $2.17 |
| Tides at Palm Bay | The Anchor | Studio | Studio ,1BA | $2.47 |
| The Braxton | A1 | 1BR,1BA | $2.32 |
| The Monroe on Monterey | A3R | 1BR,1BA | $2.25 |
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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Malabar, FL Rentals by Map
See the most popular apartments and homes in Malabar, FL
Frequently Asked Questions about Cheap Malabar Apartments
What is the Cheapest Studio apartment in Malabar?
Currently the most affordable Cheap Studio Apartment in Malabar is at Indian River Flats listed at $1,029.
How much is rent for a Cheap One Bedroom Malabar Apartment?
The lowest price for a Cheap One Bedroom Malabar Apartment is $1,164 at Ascent of Palm Bay.
What is the lowest price for a Cheap Two Bedroom Malabar Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Malabar is starting from $1,269 at Azara Palm Bay.
What is the most affordable Malabar Three Bedroom Apartment?
The best deal on a cheap Malabar Three Bedroom Apartment rental is at The Braxton and starts from $1,870.
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

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.