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Windwood Apartments
1530 NE Windwood DrPalm Bay, FL 32905
Cheap Apartments for Rent in Palm Bay, FL from $700 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in Palm Bay.
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from $985Studio to 2 Bedroom Apartments Available Now
Palm Side Apartments
210 Interchange Dr NEPalm Bay, FL 32907
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from $1,028Studio to 1 Bedroom Apartments Available Now
Indian River Flats
4700 NE Dixie HwyPalm Bay, FL 32905
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from $1,0461 to 3 Bedroom Apartments Contact Us For Availability
Park at Palm Bay Apartments
1200 SE Hadley CirPalm Bay, FL 32909
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from $1,1201 to 2 Bedroom Apartments Available Now
Malabar Lakes Apartments
1018 NE Malabar Lakes DrPalm Bay, FL 32905
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from $1,1601 Bedroom Apartments Available Now
The Monroe on Monterey
1635 NE Monterey DrPalm Bay, FL 32905
341 Mercury Ave SE
Palm BayFL32909
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.
3670 Dixie Hwy NE
Palm BayFL32905
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from $1,2002 Bedroom Apartment Available Now
1875 Wabun Street Northeast, Unit Apt A
1875 Wabun Street NortheastPalm Bay, FL 32905
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from $1,2251 to 3 Bedroom Apartments Available Now
Ascent of Palm Bay
3350 Wedgewood Dr NEPalm Bay, FL 32905
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from $1,2521 to 3 Bedroom Apartments Available Now
Woodlake Village
1700 Woodlake Dr NEPalm Bay, FL 32905
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from $1,2622 Bedroom Apartments Available Now
Palm Bay Club
1923 Pinewood Dr NEPalm Bay, FL 32905
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from $1,2951 to 3 Bedroom Apartments Available Now
The Braxton
1000 Palm Place Dr NEPalm Bay, FL 32905
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from $1,3001 to 2 Bedroom Apartments Available Now
10X Harbour Bay
100-500 Larch Cir NEPalm Bay, FL 32905
1895 Convair St SE
Palm BayFL32909
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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from $1,3901 to 3 Bedroom Apartments Available Now
Madalyn Landing
500 SW Malabar RdPalm Bay, FL 32907
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from $1,3982 to 4 Bedroom Apartments Available Now
Malabar Cove Apartments
154 Daffodil Dr SWPalm Bay, FL 32907
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from $900Studio to 2 Bedroom Apartments Available Jul 1
Riverview Apartments
2716 Riverview DrMelbourne, FL 32901
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from $1,1991 to 3 Bedroom Apartments Available Now
Topaz Village
100-210 E University BlvdMelbourne, FL 32901
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from $1,2241 to 2 Bedroom Apartments Available Now
Meadowdale Apartments
248 E University BlvdMelbourne, FL 32901
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from $1,2251 to 2 Bedroom Apartments Available Now
Stonewood Townhomes
325 E University BlvdMelbourne, FL 32901
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
835 E University Blvd
MelbourneFL32901
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from $1,3031 to 3 Bedroom Apartments Contact Us For Availability
The Carlton of West Melbourne
4152 Merrillville DrWest Melbourne, FL 32904
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from $1,3251 to 3 Bedroom Apartments Available Jul 1
Palmview Cove Apartments
3151 S Babcock StMelbourne, FL 32901
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from $1,3501 to 2 Bedroom Apartments Available Now
The Park at Topaz Tuscana
1245 Palm Bay RdMelbourne, FL 32905
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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Showing Results 1-32, Page 1 of 1
Palm Bay, FL Local Guide
Turkey Creek Sanctuary by Gary Leavens is licensed under CC BY 2.0
How much does it cost to rent an apartment in Palm Bay?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Palm Bay Studio Apartments | $1,226 | $900 | $2,538 |
| Cheap Palm Bay 1 Bedroom Apartments | $1,657 | $1,046 | $2,896 |
| Cheap Palm Bay 2 Bedroom Apartments | $1,907 | $1,200 | $3,271 |
| Cheap Palm Bay 3 Bedroom Apartments | $2,188 | $940 | $3,506 |
| Cheap Palm Bay 4 Bedroom Apartments | $1,553 | $940 | $2,034 |
Browse Top Apartments in Palm Bay
See all Apartments in Palm BayExplore Palm Bay
Palm Bay, FL Local Guide
- Palm Bay Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Apartments in Palm Bay, FL
Pricing Updated: 06/30/2025Current apartment rentals in the Palm Bay, FL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Palm Bay Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| The Compound | $1,957 | $985 | 22 |
| South Cove | $2,010 | $940 | 219 |
Cheapest Available Palm Bay Apartments for Rent
The cheapest available apartment rental in Palm Bay, 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 Palm Bay apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Indian River Flats | Coral | Studio,1BA | $1,028 |
| Palm Side Apartments | Studio (Upgraded) | Studio,1BA | $1,150 |
| Malabar Lakes Apartments | Haven | 1BR,1BA | $1,170 |
| Topaz Village | Flat | 1BR,1BA | $1,199 |
| Windover Palms | A1 - 1 Bed / 1 Bath | 1BR,1BA | $1,200 |
| Meadowdale Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,224 |
| Stonewood Townhomes | 1x1R | 1BR,1BA | $1,225 |
| Palm Bay Club | B1 | 2BR,2BA | $1,262 |
| The Monroe on Monterey | A1 | 1BR,1BA | $1,283 |
Best Value Apartments for Rent in Palm Bay, FL
As of June 30, 2025 the best value apartment in the Palm Bay area is the $1.50 price per square foot Palm A Model at Amore Village Townhomes in the in the Coastal Brevard neighborhood starting from $2,195. The second greatest value Palm Bay apartment is the Three Bedroom Two Bath (b) Model at Malabar Cove Apartments starting at $1,398 with a $1.08 price per square foot in the The Compound neighborhood. Here is today’s list of the best values for Palm Bay apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Amore Village Townhomes | Palm A | 3BR,2.5BA | $1.50 |
| Malabar Cove Apartments | Three Bedroom Two Bath (b) | 3BR,2BA | $1.08 |
| Marin at Harvard | B1 | 2BR,2BA | $1.44 |
| Madalyn Landing | 3 Bed/2 Bath | 3BR,2BA | $1.49 |
| 10X Harbour Bay | B3 | 2BR,2BA | $1.54 |
| Ascent of Palm Bay | Sanibel | 2BR,2BA | $1.24 |
| The Haven at West Melbourne | B2 | 2BR,2BA | $1.48 |
| Palm Bay Club | B1 | 2BR,2BA | $1.22 |
| Mercury Cove Apartments | 2BR/1.0BA | 2BR,1BA | $1.50 |
| 1875 Wabun Street Northeast, Unit Apt A | 1875 Wabun Street Northeast | 2BR,1BA | $1.41 |
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Palm Bay, FL Apartments MapPalm Bay, FL Rental Homes MapGetting Around Palm Bay, FL
Walk Score®
34 / 100
Car-Dependent
Most errands require a car
Bike Score®
48 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
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 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 $1,283.
What is the price of a cheap apartment in Palm Bay?
The cheapest apartment in Palm Bay is Malabar Lakes Apartments which is listed at $1,170, while the average apartment in Palm Bay costs $1,983.
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 1 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 $779 which is $1,204 cheaper than the average rent for all rentals in Palm Bay.
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.
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.
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.
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.
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.