3115 Marshall Dr
MelbourneFL32901
Cheap Homes for Rent in Palm Bay, FL from $800 (39 Rentals)
Search the lowest-cost Homes available for rent right now in Palm Bay.
567 Poplar St SE
Palm BayFL32909
3115 Marshall Dr
MelbourneFL32901
942 Chace Ln NE
Palm BayFL32905
942 Chace Ln NE
Palm BayFL32905
268 Pioneer Ave NE
Palm BayFL32907
2130 Forest Knoll Dr NE
Palm BayFL32905
733 Cleaves St SE
Palm BayFL32909
1533 Richards Dr NE, Unit Rear Unit
1533 Richards Dr NE
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.
1914 Agora Cir SE
Palm BayFL32909
1698 Sunny Brook Ln
Palm BayFL32905
1625 Belem St SE
Palm BayFL32909
421 Mercury Ave SE
Palm BayFL32909
2160 Forest Knoll Dr NE
Palm BayFL32905
519 Williams St
MelbourneFL32901
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$1,3752 Bedroom Apartments Available Now
1884 Agora Cir SE
1884 Agora Cir SEPalm Bay, FL 32909
2101 Forest Knoll Dr NE
Palm BayFL32905
1051 Clearmont St NE
Palm BayFL32905
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.
3512 Tree Ridge Ln NE
Palm BayFL32905
1641 Sunny Brook Ln
Palm BayFL32905
3501 D'Avinci Way
MelbourneFL32901
1002 Brothers Ave.
MelbourneFL32901
1011 Clearmont St NE
Palm BayFL32905
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$1,4252 Bedroom Apartments Available Now
1884 Agora Cir SE
1884 Agora Cir SEPalm Bay, FL 32909
1002 Brothers Ave
MelbourneFL32901
1026 Bacon Cir NE
Palm BayFL32905
1026 Bacon Cir NE
Palm BayFL32905
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.
670 Cedar Side Cir NE
Palm BayFL32905
3614 Overlook Dr
Palm BayFL32905
1984 Agora Cir SE
Palm BayFL32909
4714 Overlook Dr
Palm BayFL32905
1461 Sheafe Ave NE
Palm BayFL32905
3119 Wiley Ave
MelbourneFL32901
1648 Sunny Brook Ln
Palm BayFL32905
585 El Dorado Ave SE
Palm BayFL32909
1452 Turkey Creek Dr NE
Palm BayFL32905
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.
701 Airoso Rd SE
Palm BayFL32909
1431 Sheafe Ave NE
Palm BayFL32905
3551 D'Avinci Way
MelbourneFL32901
Showing Results 1-39, Page 1 of 1
Palm Bay, FL Local Guide
How much does it cost to rent a home in Palm Bay?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Palm Bay 2 Bedroom Homes for Rent | $1,774 | $1,100 | $3,000 |
| Palm Bay 3 Bedroom Homes for Rent | $2,124 | $1,499 | $7,000 |
| Palm Bay 4 Bedroom Homes for Rent | $2,314 | $1,700 | $3,800 |
| Palm Bay 5 Bedroom Homes for Rent | $2,987 | $2,550 | $3,700 |
| Palm Bay 6 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Palm Bay
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Palm Bay, FL Local Guide
- Palm Bay Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Palm Bay, FL
Pricing Updated: 04/01/2026Current 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 | $1,909 | $1,046 | 26 |
| South Cove | $15,734 | $742 | 156 |
Cheapest Available Palm Bay Apartments for Rent
The cheapest available apartment rental in Palm Bay, FL is a Studio unit found at Riverview Apartments in the Coastal Brevard neighborhood priced from $950. Meadowdale Apartments in the Coastal Brevard neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,099. Here is today’s list of the most affordable Palm Bay apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Riverview Apartments | Studio Apartment | Studio,1BA | $950 |
| Meadowdale Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,099 |
| Windover Palms | A1 - 1 Bed / 1 Bath | 1BR,1BA | $1,200 |
| The Braxton | A1 | 1BR,1BA | $1,220 |
| Stonewood | Burch | 2BR,1BA | $1,225 |
| Topaz Village | Bungalow | 1BR,1BA | $1,225 |
| Woodlake Village | 1 Bed 1 Bath | 1BR,1BA | $1,252 |
| The Monroe on Monterey | A1R | 1BR,1BA | $1,261 |
| Compass | A2 | 1BR,1BA | $1,299 |
| 10X Harbour Bay | A1 | 1BR,1BA | $1,299 |
Best Value Apartments for Rent in Palm Bay, FL
As of April 01, 2026 the best value apartment in the Palm Bay area is the $1.26 price per square foot Cali Model at Cypress Bay in the in the Coastal Brevard neighborhood starting from $2,310. The second greatest value Palm Bay apartment is the Savoy (2nd Floor) Model at The Carlton of West Melbourne starting at $2,269 with a $1.43 price per square foot in the Suburban Melbourne 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. |
|---|---|---|---|
| Cypress Bay | Cali | 4BR,2BA | $1.26 |
| The Carlton of West Melbourne | Savoy (2nd Floor) | 3BR,3BA | $1.43 |
| Amore Village Townhomes | Palm A | 3BR,2.5BA | $1.44 |
| Marin at Harvard | B1 | 2BR,2BA | $1.26 |
| Mode at Melbourne | 1 Deluxe | 1BR,1BA | $1.26 |
| Madalyn Landing | 3 Bed/2 Bath | 3BR,2BA | $1.42 |
| Melbourne Commons | 2x2 Student Apartment | 2BR,2BA | $0.84 |
| Ascent of Palm Bay | Juniper | 2BR,2BA | $1.32 |
| Malabar Cove Apartments | Two Bedroom One Bath (b) | 2BR,1BA | $1.33 |
| Mercury Cove Apartments | 2BR/1.0BA | 2BR,1BA | $1.40 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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.
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Palm Bay, FLPopulation: 114,194
Ranked #255
in US Census Population by City
Best Local Schools in Palm Bay, FL
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Frequently Asked Questions about Palm Bay
What type of rentals are currently available in Palm Bay?
There are currently 152 Apartments for Rent in Palm Bay, FL with pricing that ranges from $689 to $9,464. There are also 446 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palm Bay ranging from $845 to $7,000.
What is the current price range for Rental Homes in Palm Bay?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Palm Bay ranges from $845 to $7,000 with an average monthly rent of $2,487.
How much are larger Three and Four Bedroom Rentals in Palm Bay?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Palm Bay range from $1,453 to $4,957, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,499 to $7,000. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $1,849.
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
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.