Cheap 2 Bedroom Apartments for Rent in Palm Bay, FL from $1,254 (60 Rentals)

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Ascent of Palm Bay
$1,345 - $1,666
Total Monthly Price

Total Monthly Price

Base Rent
$1,205 - $1,666

Total Monthly Price
$1,205 - $1,666
2 Bedroom Apartments Available Now

Ascent of Palm Bay

3350 Wedgewood Dr NEPalm Bay, FL 32905
Corporate Housing
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  • Customer Reviewed
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property at 1000 Pope St NW

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

2 Bedroom, 2 Bath Home for Rent

Available Now

1000 Pope St NW

Palm BayFL32907
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Meri Palm Bay
Rent Specials
$1,382
Total Monthly Price

Total Monthly Price

Base Rent
$1,412 - $1,929

Total Monthly Price
$1,412 - $1,929
2 Bedroom Apartments Available Now

Meri Palm Bay

1880 Mogra Circle NEPalm Bay, FL 32905
Furnished
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  • 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.

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Malabar Lakes
$1,405 - $1,685
Total Monthly Price

Total Monthly Price

Base Rent
$1,116 - $1,685

Total Monthly Price
Varies
2 Bedroom Apartments Available Now

Malabar Lakes

1018 NE Malabar Lakes DrPalm Bay, FL 32905
Corporate Housing
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  • Customer Reviewed
  • 3D Tour
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10X Harbour Bay
Rent Specials
$1,425 - $1,599
Total Monthly Price

Total Monthly Price

Base Rent
$1,289 - $1,599

Total Monthly Price
Varies
2 Bedroom Apartments Available Now

10X Harbour Bay

100-500 Larch Cir NEPalm Bay, FL 32905
Family Friendly
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  • Customer Reviewed
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Malabar Cove Apartments
Rent Specials
$1,429 - $1,549
Total Monthly Price

Total Monthly Price

Base Rent
$1,429 - $2,019

Total Monthly Price
Varies
2 Bedroom Apartments Contact Us For Availability

Malabar Cove Apartments

154 Daffodil Dr SWPalm Bay, FL 32907
Student Living
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  • Utilities Included
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The Pines Apartments
2 Bedroom Apartments

The Pines Apartments

3016 Pinewood Dr NEPalm Bay, FL 32905
  • Utilities Included

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.

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 451 Mercury Ave SE

$1,375

Total Monthly Price

Total Monthly Price

Base Rent
$1,375

Total Monthly Price
$1,375

2 Bedroom, 1 Bath Condo for Rent

Available Now

451 Mercury Ave SE, Unit 201

451 Mercury Ave SE
Palm BayFL32909
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Windwood Apartments
2 Bedroom Apartments

Windwood Apartments

1530 NE Windwood DrPalm Bay, FL 32905
  • Utilities Included

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.

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
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1700 Forest
2 Bedroom Apartments

1700 Forest

1700 Forest Knoll Drive Dr NEPalm Bay, FL 32905

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.

property at 1002 Brothers Ave.

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400 - $1,500

Total Monthly Price
$1,400 - $1,500

2 Bedroom Townhomes for Rent

Available Now

1002 Brothers Ave.

MelbourneFL32901
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Hickory Pointe
2 Bedroom Apartments

Hickory Pointe

2700 Carlson CirMelbourne, FL 32901
Senior Living

Renting with Roommates: Realistic Expectations for Shared Lease

Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

Palm Bay, FL Local Guide

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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Palm Bay, FL
Population: 114,194

Ranked #255

in US Census Population by City

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

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Frequently Asked Questions about Cheap Palm Bay Apartments

What is a cheap apartment in Palm Bay?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Palm Bay is under $1,277.

What is the price of a cheap apartment in Palm Bay?

The cheapest apartment in Palm Bay is Windover Palms which is listed at $1,275, while the average apartment in Palm Bay costs $16,829.

What types of apartments are the cheapest in Palm Bay?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 131 regular apartments in Palm Bay that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Palm Bay?

Cheap apartments in Palm Bay have an average cost of $1,385 which is $15,444 cheaper than the average rent for all rentals in Palm Bay.

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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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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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.