
Cheap Apartments for Rent in the South Cove Neighborhood of Palm Bay, FL from $500 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Cove area of Palm Bay.


1931 Cleveland St NE

Windwood Apartments

Indian River Flats

The Monroe on Monterey

2865 Kirby Cir NE, Unit B
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.

341 Mercury Ave SE

1875 Wabun Street Northeast, Unit Apt A

Ascent of Palm Bay

Woodlake Village

Palm Bay Club

1891 Convair St SE
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.

1895 Convair St SE

1928 Agora Cir SE

1698 Brook St NE

1533 Richards Dr NE, Unit Rear Unit
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

835 E University Blvd

140 Bauer Dr
South Cove, Palm Bay, FL Local Guide

How much does it cost to rent an apartment in South Cove?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
South Cove Studio Apartments | $1,055 | $985 | $1,150 |
South Cove 1 Bedroom Apartments | $1,629 | $549 | $2,269 |
South Cove 2 Bedroom Apartments | $1,861 | $1,200 | $2,630 |
South Cove 3 Bedroom Apartments | $2,347 | $1,400 | $7,460 |
South Cove 4 Bedroom Apartments | $3,922 | $880 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 19 rentals with your search options within a 3 mile radius of the South Cove Neighborhood of Palm Bay, FL.
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South Cove, Palm Bay, FL Local Guide
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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 $999. Palm Bay Club has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,262. Here are the most affordable South Cove apartments for rent in Palm Bay, FL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Indian River Flats | Coral | Studio,1BA | $999 |
Palm Bay Club | B1 | 2BR,2BA | $1,262 |
The Monroe on Monterey | A1 | 1BR,1BA | $1,263 |
The Braxton | A1 | 1BR,1BA | $1,320 |
Ascent of Palm Bay | Sanibel | 2BR,2BA | $1,396 |
Best Value Apartments for Rent in South Cove, FL
As of June 04, 2025 the best value apartment in the South Cove area is the $0.49 price per square foot 4x4 Student Apartment Model at Melbourne Commons in the in the South Cove neighborhood starting from $865. The second greatest value South Cove apartment is the St. Augustine Model at Ascent of Palm Bay starting at $1,623 with a $1.26 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Melbourne Commons | 4x4 Student Apartment | 4BR,4BA | $0.49 |
Ascent of Palm Bay | St. Augustine | 3BR,2BA | $1.26 |
Trillium | Three Bedroom Apartment | 3BR,2BA | $1.69 |
Palm Bay Club | B1 | 2BR,2BA | $1.22 |
Mercury Cove Apartments | 2BR/1.0BA | 2BR,1BA | $1.50 |
Woodlake Village | 2 Bed 1 Bath | 2BR,1BA | $1.62 |
1875 Wabun Street Northeast, Unit Apt A | 1875 Wabun Street Northeast | 2BR,1BA | $1.41 |
Westshore Palm Bay | Lucine | 1BR,1BA | $1.96 |
Aqua Palm Bay | Amelia | 1BR,1BA | $1.96 |
2865 Kirby Cir NE, Unit B | 2865 Kirby Cir NE | 1BR,1BA | $1.64 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleSouth Cove, Palm Bay, FL
Ranked #1
Among neighborhoods in Palm Bay, FL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cheap South Cove Apartments
What is a cheap apartment in South Cove?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Cove is under $1,525.
What is the price of a cheap apartment in South Cove?
The cheapest apartment in South Cove is Indian River Flats which is listed at $1,199, while the average apartment in South Cove costs $2,155.
What types of apartments are the cheapest in South Cove?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3 regular apartments in South Cove that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in South Cove?
Cheap apartments in South Cove have an average cost of $306 which is $1,849 cheaper than the average rent for all rentals in South Cove.
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 Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.