
Cheap New Apartments for Rent in Palm Bay, FL from $700 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in Palm Bay.


Magnolia at Palm Bay

Eastshore Palm Bay

Westshore Palm Bay

Aqua Palm Bay
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.

The Pointe at Palm Bay

Total Monthly Price
Isla

Tides at Palm Bay

The Mercury Cove

1700 Forest
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.

The Carlton of West Melbourne

Aventine at West Melbourne

Avasa Hammock Landing

Luminary at 95

The Dahlia
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.

Trillium
Palm Bay, FL Local Guide

How much does it cost to rent an apartment in Palm Bay?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Palm Bay Studio Apartments | $1,449 | $1,029 | $2,099 |
| Palm Bay 1 Bedroom Apartments | $1,732 | $1,046 | $2,280 |
| Palm Bay 2 Bedroom Apartments | $1,999 | $1,120 | $2,875 |
| Palm Bay 3 Bedroom Apartments | $2,426 | $1,453 | $5,096 |
| Palm Bay 4 Bedroom Apartments | $2,125 | $1,899 | $2,330 |
Explore Palm Bay
Palm Bay, FL Local Guide
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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.
Palm Bay, FLPopulation: 114,194
Ranked #255
in US Census Population by City
Best Local Schools in Palm Bay, FL
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Palm Bay, FL Rentals by Map
See the most popular apartments and homes in Palm Bay, FL
Frequently Asked Questions about Cheap Palm Bay Apartments
What is the Cheapest Studio apartment in Palm Bay?
Currently the most affordable Cheap Studio Apartment in Palm Bay is at Indian River Flats listed at $1,029.
How much is rent for a Cheap One Bedroom Palm Bay Apartment?
The lowest price for a Cheap One Bedroom Palm Bay Apartment is $1,075 at Windover Palms.
What is the lowest price for a Cheap Two Bedroom Palm Bay Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Palm Bay is starting from $1,269 at Azara Palm Bay.
What is the most affordable Palm Bay Three Bedroom Apartment?
The best deal on a cheap Palm Bay Three Bedroom Apartment rental is at Ascent of Palm Bay and starts from $1,588.
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

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.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.