Cheap Apartments for Rent in Malabar, FL from $900 (54 Rentals)

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

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Ascent of Palm Bay
$1,205 - $1,536
Total Monthly Price

Total Monthly Price

Base Rent
$1,205 - $1,536
Total Monthly Price
$1,205 - $1,536
1 to 3 Bedroom Apartments Available Sep 8

Ascent of Palm Bay

3350 Wedgewood Dr NEPalm Bay, FL 32905
Corporate Housing
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  • Customer Reviewed
  • 3D Tour
property at 2358 Port Malabar Blvd NE

$1,275

Total Monthly Price

Total Monthly Price

Base Rent
$1,275
Total Monthly Price
$1,275

3 Bedroom, 2 Bath Home for Rent

Available Now

2358 Port Malabar Blvd NE

Palm BayFL32905

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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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
$1,539 - $2,244
Total Monthly Price

Total Monthly Price

Base Rent
$1,539 - $2,244
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Isla

1205 Jaslo StPalm Bay, FL 32909
Family Friendly
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  • Customer Reviewed
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The Pines Apartments
1 to 2 Bedroom Apartments

The Pines Apartments

3016 Pinewood Dr NEPalm Bay, FL 32905
  • Utilities Included
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Palm Side Apartments
Studio to 2 Bedroom Apartments

Palm Side Apartments

210 Interchange Dr NEPalm Bay, FL 32907

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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property at 1123 Tree Ridge Ln NE

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350
Total Monthly Price
$1,350

2 Bedroom, 1 Bath Condo for Rent

Available Now

1123 Tree Ridge Ln NE

Palm BayFL32905
property at 4414 Overlook Dr

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450
Total Monthly Price
$1,450

1 Bedroom, 1 Bath Condo for Rent

Available Now

4414 Overlook Dr, Unit 18

4414 Overlook Dr
Palm BayFL32905

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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property at 4714 Overlook Dr

$1,475

Total Monthly Price

Total Monthly Price

Base Rent
$1,475
Total Monthly Price
$1,475

1 Bedroom, 1 Bath Condo for Rent

Available Now

4714 Overlook Dr

Palm BayFL32905
property at 1680 Sunny Brook Ln

$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

1680 Sunny Brook Ln, Unit 211

1680 Sunny Brook Ln
Palm BayFL32905

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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Showing Results 1-50, Page 1 of 2

Malabar, FL Local Guide

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. The Monroe on Monterey in the South Cove neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,212. Here is today’s list of the most affordable Malabar apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Indian River FlatsCoralStudio,1BA$1,029
The Monroe on MontereyA11BR,1BA$1,212
The BraxtonA11BR,1BA$1,230
Woodlake Village1 Bed 1 Bath1BR,1BA$1,240
Azara Palm BayB12BR,2BA$1,308
Mercury Cove Apartments2BR/1.0BA2BR,1BA$1,495
IslaA11BR,1BA$1,539
The Pointe at Palm BayA11BR,1BA$1,540
Tides at Palm BayThe Anchor | StudioStudio,1BA$1,564

Best Value Apartments for Rent in Malabar, FL

As of August 09, 2026 the best value apartment in the Malabar area is the $1.26 price per square foot B1 Model at Azara Palm Bay in the in the South Cove neighborhood starting from $1,308. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Azara Palm BayB12BR,2BA$1.26
Mercury Cove Apartments2BR/1.0BA2BR,1BA$1.50
1831 Convair St SE, Unit #1011831 Convair St SE2BR,1.5BA$1.67
IslaA11BR,1BA$2.04
Woodlake Village1 Bed 1 Bath1BR,1BA$1.77
The Pointe at Palm BayA11BR,1BA$2.25
Tides at Palm BayThe Anchor | StudioStudio ,1BA$2.47
The BraxtonA41BR,1BA$2.49
The Monroe on MontereyA3R1BR,1BA$2.15
Indian River FlatsCoralStudio ,1BA$2.94

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 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 $1,212 at The Monroe on Monterey.

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 $1,308 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 $1,950.

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.