Cheap Apartments for Rent in the South Cove Neighborhood of Palm Bay, FL from $900 (39 Rentals)

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Search the lowest-cost Apartments available for rent right now in the South Cove area of Palm Bay.

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Ascent of Palm Bay
Rent Specials
$1,168 - $1,671
Total Monthly Price

Total Monthly Price

Base Rent
$1,168 - $1,671
Total Monthly Price
$1,168 - $1,671
1 to 3 Bedroom Apartments Available Now

Ascent of Palm Bay

3350 Wedgewood Dr NEPalm Bay, FL 32905
Corporate Housing
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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.

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property at 2358 Port Malabar Blvd NE

$1,275

Total Monthly Price

Total Monthly Price

Base Rent
$1,275
Total Monthly Price
$1,275

3 Bedroom, 2 Bath Home for Rent

Available Now

2358 Port Malabar Blvd 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.

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The Pines Apartments
1 to 2 Bedroom Apartments

The Pines Apartments

3016 Pinewood Dr NEPalm Bay, FL 32905
  • Utilities Included
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Windwood Apartments
Studio to 2 Bedroom Apartments

Windwood Apartments

1530 NE Windwood DrPalm Bay, FL 32905
  • Utilities Included
property at 1199 Jordan Ct NE

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

2 Bedroom, 1 Bath Home for Rent

Available Now

1199 Jordan Ct NE, Unit B

1199 Jordan Ct NE
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.

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property at 1026 Bacon Cir NE

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395
Total Monthly Price
$1,395

2 Bedroom, 1 Bath Home for Rent

Available Now

1026 Bacon Cir NE, Unit A

1026 Bacon Cir NE
Palm BayFL32905
property at 4714 Overlook Dr

$1,475

Total Monthly Price

Total Monthly Price

Base Rent
$1,475
Total Monthly Price
$1,475

1 Bedroom, 1 Bath Condo for Rent

Available Now

4714 Overlook Dr

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.

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Trillium
1 to 3 Bedroom Apartments

Trillium

4315 S Babcock StMelbourne, FL 32901
Showing Results 1-39, Page 1 of 1

South Cove, Palm Bay, FL Local Guide

Cheapest Available South Cove Apartments for Rent

 

The cheapest available apartment rental in the South Cove area of Palm Bay, FL is a Studio unit found at Indian River Flats priced from $1,029. Woodlake Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,240. Here are the most affordable South Cove apartments for rent in Palm Bay, FL:

Apartment ListingModel NameBed/BathPriced From
Indian River FlatsCoralStudio,1BA$1,029
Woodlake Village1 Bed 1 Bath1BR,1BA$1,240
Azara Palm BayB12BR,2BA$1,269
Mercury Cove Apartments2BR/1.0BA2BR,1BA$1,299
The Monroe on MontereyA3R1BR,1BA$1,299
The BraxtonA11BR,1BA$1,355
Ascent of Palm BaySanibel2BR,2BA$1,363
TrilliumOne Bedroom Apartment1BR,1BA$1,410
Palmview Cove Apartments1 Bed 1 Bath | Renovated1BR,1BA$1,425
Eastshore Palm BayCaptiva1BR,1BA$1,440

Best Value Apartments for Rent in South Cove, FL

As of May 30, 2026 the best value apartment in the South Cove area is the $1.64 price per square foot C2R Model at Meri Palm Bay in the in the South Cove neighborhood starting from $1,929. The second greatest value South Cove apartment is the 2x2 Student Apartment Model at Melbourne Commons starting at $960 with a $0.84 price per square foot in the South Cove neighborhood. Here is today’s list of the best values for South Cove apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Meri Palm BayC2R3BR,2BA$1.64
Melbourne Commons2x2 Student Apartment2BR,2BA$0.84
Ascent of Palm BaySanibel2BR,2BA$1.22
Azara Palm BayB12BR,2BA$1.22
Mercury Cove Apartments2BR/1.0BA2BR,1BA$1.30
Eastshore Palm BaySiesta1BR,1BA$1.94
Westshore Palm BayLucine1BR,1BA$1.83
Aqua Palm BayAmelia1BR,1BA$1.83
TrilliumOne Bedroom Apartment1BR,1BA$1.86
Woodlake Village1 Bed 1 Bath1BR,1BA$1.77

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.

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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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Quick Rent Budget Calculator

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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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Pet Friendly Lifestyle
South Cove, Palm Bay, FL

Ranked #1

Among cities in Florida for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap South Cove Apartments

What is the Cheapest Studio apartment in South Cove?

Currently the most affordable Cheap Studio Apartment in South Cove is at Indian River Flats listed at $1,029.

How much is rent for a Cheap One Bedroom South Cove Apartment?

The lowest price for a Cheap One Bedroom South Cove Apartment is $1,240 at Woodlake Village.

What is the lowest price for a Cheap Two Bedroom South Cove Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in South Cove is starting from $1,269 at Azara Palm Bay.

What is the most affordable South Cove Three Bedroom Apartment?

The best deal on a cheap South Cove Three Bedroom Apartment rental is at Ascent of Palm Bay and starts from $1,437.

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

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.