Cheap Apartments for Rent in Malabar, FL from $900 (14 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
The Pines Apartments
1 to 2 Bedroom Apartments

The Pines Apartments

3016 Pinewood Dr NEPalm Bay, FL 32905
  • Utilities Included
Showing Results 1-14, Page 1 of 1

Malabar, FL Local Guide

Cheapest Available Malabar Apartments for Rent and Nearby

 

The cheapest available apartment rental in Malabar, FL is a Studio unit found at Indian River Flats in the South Cove neighborhood priced from $1,028. Palm Side Apartments in the The Compound neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,150. Here is today’s list of the most affordable Malabar apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Indian River FlatsCoralStudio,1BA$1,028
Palm Side ApartmentsStudio (Upgraded)Studio,1BA$1,150
Palm Bay ClubB12BR,2BA$1,262
The Monroe on MontereyA11BR,1BA$1,290
The BraxtonA11BR,1BA$1,295

Best Value Apartments for Rent in Malabar, FL and Nearby

As of June 25, 2025 the best value apartment in the Malabar area is the $1.24 price per square foot Sanibel Model at Ascent of Palm Bay in the in the South Cove neighborhood starting from $1,381. The second greatest value Malabar apartment is the B1 Model at Palm Bay Club starting at $1,262 with a $1.22 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.
Ascent of Palm BaySanibel2BR,2BA$1.24
Palm Bay ClubB12BR,2BA$1.22
Mercury Cove Apartments2BR/1.0BA2BR,1BA$1.50
1700 Forest2 Bedroom2BR,2BA$1.70
Woodlake Village2 Bed 1 Bath2BR,1BA$1.62
The Pointe at Palm BayA21BR,1BA$1.90
IslaA11BR,1BA$1.98
The BraxtonA11BR,1BA$2.18
The Monroe on MontereyA3R1BR,1BA$2.33
Indian River FlatsCoralStudio ,1BA$2.94

Quick 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.

decorative image of people with a giant lease agreement

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

Explore Malabar, FL Rentals by Map

Decorative image of map

See the most popular apartments and homes in Malabar, FL

View MapMalabar, FL Apartments MapView MapMalabar, FL Rental Homes Map

Getting Around Malabar, FL

Walk Score®

11 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

33 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $1,028.

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

The lowest price for a Cheap One Bedroom Malabar Apartment is $1,185 at Palm Side Apartments.

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 $1,262 at Palm Bay Club.

What is the most affordable Malabar Three Bedroom Apartment?

The best deal on a cheap Malabar Three Bedroom Apartment rental is at Ascent of Palm Bay and starts from $1,548.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.