1931 Cleveland St NE
Palm BayFL32905
Cheap Homes for Rent in Palm Bay, FL from $500 (51 Rentals)
Search the lowest-cost Homes available for rent right now in Palm Bay.
1931 Cleveland St NE
Palm BayFL32905
567 Poplar St SE
Palm BayFL32909
1294 Drill Ave NE
Palm BayFL32907
3221 Westminster Ave SE
Palm BayFL32909
439 Hamy St
Palm BayFL32908
1055 Venetian Dr
MelbourneFL32904
3115 Marshall Dr
MelbourneFL32901
3115 Marshall Dr
MelbourneFL32901
1294 Drill Ave NE
Palm BayFL32907
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.
1664 Sumter Ln
MelbourneFL32904
268 Pioneer Ave NE
Palm BayFL32907
3115 Marshall Dr
MelbourneFL32901
3412 Overlook Dr
Palm BayFL32905
268 Pioneer Ave NE
Palm BayFL32907
4412 Overlook Dr
Palm BayFL32905
987 Sonesta Ave NE
Palm BayFL32905
1914 Agora Cir SE
Palm BayFL32909
2522 Amberly Rd NE
Palm BayFL32905
1649 Sunny Brook Ln
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.
2326 Shenandoah Rd
Palm BayFL32905
1461 Sheafe Ave NE
Palm BayFL32905
3501 D'Avinci Way
MelbourneFL32901
2160 Forest Knoll Dr NE
Palm BayFL32905
1123 Tree Ridge Ln NE
Palm BayFL32905
1000 Pope St NW
Palm BayFL32907
1123 Tree Ridge Ln NE
Palm BayFL32905
993 Sonesta Ave NE
Palm BayFL32905
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$1,3752 Bedroom Apartments Available Now
1884 Agora Cir SE, Unit 203
1884 Agora Cir SEPalm Bay, FL 32909
1648 Sunny Brook Ln
Palm BayFL32905
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.
2130 Forest Knoll Dr NE
Palm BayFL32905
1641 Sunny Brook Ln
Palm BayFL32905
1648 Brook St NE
Palm BayFL32905
1002 Brothers Ave
MelbourneFL32901
451 Mercury Ave SE, Unit 201
451 Mercury Ave SE
Palm BayFL32909
4714 Overlook Dr
Palm BayFL32905
969 Sonesta Ave NE
Palm BayFL32905
1051 Clearmont St NE
Palm BayFL32905
3711 Vista Oaks Cir NE
Palm BayFL32905
3542 D'Avinci Way
MelbourneFL32901
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.
1452 Turkey Creek Dr NE
Palm BayFL32905
1066 Galty Cir NE
Palm BayFL32905
1434 Garabaldi Cir SE
Palm BayFL32909
1600 Sunny Brook Ln
Palm BayFL32905
1924 Seagrape St NE
Palm BayFL32905
1656 Sunny Brook Ln
Palm BayFL32905
1630 Agnes Ave SE
Palm BayFL32909
2308 Shenandoah Rd
Palm BayFL32905
1495 Malibu Cir NE
Palm BayFL32905
217 Emerson Dr NW
Palm BayFL32907
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.
Showing Results 1-50, Page 1 of 2
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 | $1,863 | $1,250 | $4,000 |
| Palm Bay 3 Bedroom Homes for Rent | $2,108 | $840 | $8,000 |
| Palm Bay 4 Bedroom Homes for Rent | $2,298 | $800 | $4,000 |
| Palm Bay 5 Bedroom Homes for Rent | $2,942 | $2,440 | $3,700 |
| Palm Bay 6 Bedroom Homes for Rent | $3,800 | $3,800 | $3,800 |
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
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Cheapest Neighborhoods for Apartments in Palm Bay, FL
Pricing Updated: 07/06/2026Current 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 | $2,229 | $1,046 | 25 |
| South Cove | $21,809 | $1,095 | 193 |
Cheapest Available Palm Bay Apartments for Rent
The cheapest available apartment rental in Palm Bay, FL is a 1 Bed unit found at Windover Palms in the Melbourne neighborhood priced from $1,075. Meadowdale Apartments in the Coastal Brevard neighborhood has the second lowest priced unit, which is a Studio 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 |
|---|---|---|---|
| Windover Palms | A1 - 1 Bed / 1 Bath | 1BR,1BA | $1,075 |
| Meadowdale Apartments | Studio | Studio,1BA | $1,099 |
| Topaz Village | Flat | 1BR,1BA | $1,199 |
| Woodlake Village | 1 Bed 1 Bath | 1BR,1BA | $1,240 |
| The Monroe on Monterey | A1 | 1BR,1BA | $1,242 |
| The Braxton | A1 | 1BR,1BA | $1,245 |
| Azara Palm Bay | B1 | 2BR,2BA | $1,265 |
| Madalyn Landing | 1 Bed/1 Bath | 1BR,1BA | $1,268 |
| Palmview Cove Apartments | 1 Bed 1 Bath | Classic | 1BR,1BA | $1,275 |
| Magnolia at Palm Bay | Cosmo | Studio,1BA | $1,320 |
Best Value Apartments for Rent in Palm Bay, FL
As of July 06, 2026 the best value apartment in the Palm Bay area is the $1.27 price per square foot Cali Model at Cypress Bay in the in the Coastal Brevard neighborhood starting from $2,330. The second greatest value Palm Bay apartment is the Amelia Model at Ascent of Palm Bay starting at $1,666 with a $1.29 price per square foot in the South Cove 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 | $1.27 |
| Ascent of Palm Bay | Amelia | 2BR,2BA | $1.29 |
| Marin at Harvard | B1 | 2BR,2BA | $1.26 |
| Mode at Melbourne | 1 Deluxe | 1BR,1BA | $1.35 |
| Malabar Cove Apartments | Three Bedroom Two Bath (b) | 3BR,2BA | $1.38 |
| 10X Harbour Bay | B3 | 2BR,2BA | $1.35 |
| Bridgewater Pointe Apartments | 2x2 1150 sf | 2BR,2BA | $1.26 |
| Melbourne Commons | 2x2 Student Apartment | 2BR,2BA | $0.84 |
| Azara Palm Bay | B1 | 2BR,2BA | $1.22 |
| Mercury Cove Apartments | 2BR/1.0BA | 2BR,1BA | $1.40 |
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 Article
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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Palm Bay, FLPopulation: 114,194
Ranked #255
in US Census Population by City
Best Local Schools in Palm Bay, FL
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Palm Bay
What type of rentals are currently available in Palm Bay?
There are currently 161 Apartments for Rent in Palm Bay, FL with pricing that ranges from $750 to $7,704. There are also 423 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palm Bay ranging from $599 to $8,000.
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 $599 to $8,000 with an average monthly rent of $2,358.
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 $4,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $840 to $8,000. Four Bedroom Single-Family rentals are also available starting from $800 and Four Bedroom Apartments start at $1,899.
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
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.
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.
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.