
Cheap Homes for Rent in Palm Bay, FL from $700 (28 Rentals)
Search the lowest-cost Homes available for rent right now in Palm Bay.


1294 Drill Ave NE

1623 Painter St SE

1300 Emerson Dr NE
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.

280 Buccaneer St NE

280 Buccaneer St NE

2115 Henry St NE

1315 Armory Dr NE

280 Buccaneer St NE

515 Kylar Dr NW

2544 Ventura Cir

1533 Richards Dr NE
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.

1021 Abada Ct NE

2556 Haverhill Rd NE

909 Sonesta Ave NE

519 Williams St

969 Sonesta Ave NE
The 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.

2597 Stephens Dr NE

3218 Vista Oaks Cir NE

1931 Coco Plum St NE

2190 Forest Knoll Dr NE

1002 Brothers Ave

4714 Overlook Dr
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.

1971 Agora Cir SE

1452 Turkey Creek Dr NE

1001 Abada Ct NE
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 | $1,846 | $1,000 | $3,500 |
Palm Bay 3 Bedroom Homes for Rent | $2,105 | $1,200 | $7,000 |
Palm Bay 4 Bedroom Homes for Rent | $2,255 | $1,200 | $3,700 |
Palm Bay 5 Bedroom Homes for Rent | $2,822 | $2,449 | $3,800 |
Palm Bay 6 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
Browse Top Homes for Rent in Palm Bay
Explore Palm Bay
Palm Bay, FL Local Guide
- Palm Bay Neighborhoods
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Cheapest Neighborhoods for Apartments in Palm Bay, FL
Pricing Updated: 09/11/2025Current 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 | $2,700 | $795 | 253 |
South Cove | $2,900 | $1,000 | 100 |
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. Indian River Flats in the South Cove neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,028. 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 |
Indian River Flats | Coral | Studio,1BA | $1,028 |
The Monroe on Monterey | A3 | 1BR,1BA | $1,141 |
Palm Side Apartments | Studio (Upgraded) | Studio,1BA | $1,150 |
Ascent of Palm Bay | Cape | 1BR,1BA | $1,195 |
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 |
Best Value Apartments for Rent in Palm Bay, FL
As of September 12, 2025 the best value apartment in the Palm Bay area is the $1.21 price per square foot Four Bedroom Three Bath Model at Malabar Cove Apartments in the in the The Compound neighborhood starting from $1,899. The second greatest value Palm Bay apartment is the Palm A Model at Amore Village Townhomes starting at $2,095 with a $1.43 price per square foot in the Coastal Brevard 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. |
---|---|---|---|
Malabar Cove Apartments | Four Bedroom Three Bath | 4BR,3BA | $1.21 |
Amore Village Townhomes | Palm A | 3BR,2.5BA | $1.43 |
Melbourne Commons | 3x3 Student Apartment | 3BR,3BA | $0.66 |
Marin at Harvard | B1 | 2BR,2BA | $1.20 |
Lake in the Woods | The Worthington | 3BR,2.5BA | $1.43 |
Bridgewater Pointe Apartments | 2x2 1150 sf | 2BR,2BA | $1.41 |
Palm Bay Club | B1 | 2BR,2BA | $1.22 |
Mercury Cove Apartments | 2BR/1.0BA | 2BR,1BA | $1.40 |
Ascent of Palm Bay | Cape | 1BR,1BA | $1.36 |
1875 Wabun Street Northeast, Unit Apt A | 1875 Wabun Street Northeast | 2BR,1BA | $1.41 |
Quick Rent Budget Calculator
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Best Local Schools in Palm Bay, FL
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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 Palm Bay
What type of rentals are currently available in Palm Bay?
There are currently 145 Apartments for Rent in Palm Bay, FL with pricing that ranges from $940 to $8,588. There are also 608 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palm Bay ranging from $795 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 $795 to $7,000 with an average monthly rent of $2,295.
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 $940 to $8,423, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $7,000. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $940.
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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.