
Cheap Apartments for Rent in the South Cove Neighborhood of Palm Bay, FL from $500 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Cove area of Palm Bay.


2214 Northview St NE, Unit O

Indian River Flats

Windwood Apartments

2115 Henry St 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.

The Monroe on Monterey

341 Mercury Ave SE

Ascent of Palm Bay

1875 Wabun Street Northeast, Unit Apt A
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.

3818 Overlook 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 | $1,054 | $995 | $1,150 |
| South Cove 1 Bedroom Apartments | $1,589 | $1,076 | $2,005 |
| South Cove 2 Bedroom Apartments | $1,732 | $699 | $2,039 |
| South Cove 3 Bedroom Apartments | $2,105 | $1,427 | $7,283 |
| South Cove 4 Bedroom Apartments | $17,913 | $10,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 3 mile radius of the South Cove Neighborhood of Palm Bay, FL.
See all Apartments in Palm BayExplore Palm Bay
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 2 Beds unit found at Palm Bay Club priced from $546. Indian River Flats has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here are the most affordable South Cove apartments for rent in Palm Bay, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Palm Bay Club | B1 | 2BR,2BA | $546 |
| Indian River Flats | Coral | Studio,1BA | $895 |
| The Braxton | A1 | 1BR,1BA | $1,225 |
| The Monroe on Monterey | A1R | 1BR,1BA | $1,240 |
| Woodlake Village | 1 Bed 1 Bath | 1BR,1BA | $1,252 |
Best Value Apartments for Rent in South Cove, FL
As of November 06, 2025 the best value apartment in the South Cove area is the $1.31 price per square foot Amelia Model at Ascent of Palm Bay in the in the South Cove neighborhood starting from $1,562. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Ascent of Palm Bay | Amelia | 2BR,2BA | $1.31 |
| Melbourne Commons | 2x2 Student Apartment | 2BR,2BA | $0.84 |
| Palm Bay Club | B1 | 2BR,2BA | $0.53 |
| Mercury Cove Apartments | 2BR/1.0BA | 2BR,1BA | $1.30 |
| 1875 Wabun Street Northeast, Unit Apt A | 1875 Wabun Street Northeast | 2BR,1BA | $1.41 |
| Eastshore Palm Bay | Siesta | 1BR,1BA | $1.81 |
| Aqua Palm Bay | Amelia | 1BR,1BA | $1.59 |
| Westshore Palm Bay | Lucine | 1BR,1BA | $1.81 |
| Meri Palm Bay | A1 | 1BR,1BA | $1.82 |
| Woodlake Village | 1 Bed 1 Bath Deluxe | 1BR,1BA | $1.80 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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 ArticleQuick Rent Budget Calculator
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Pet Friendly LifestyleSouth Cove, Palm Bay, FL
Ranked #1
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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 $895.
How much is rent for a Cheap One Bedroom South Cove Apartment?
The lowest price for a Cheap One Bedroom South Cove Apartment is $1,021 at Indian River Flats.
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 $546 at Palm Bay Club.
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 $1,427.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.
