
Cheap Apartments for Rent in the South Cove Neighborhood of Palm Bay, FL from $800 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Cove area of Palm Bay.


1931 Cleveland St NE

Indian River Flats

268 Pioneer Ave NE

The Monroe on Monterey

Bottlebrush Apartments

2114 Henry St NE

268 Pioneer Ave NE
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.

Total Monthly Price
Ascent of Palm Bay

Woodlake Village

The Braxton

Azara Palm Bay

1895 Convair St SE

1884 Agora SE Cir

1870 Agora SE Cir

1870 Agora Cir SE
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.

1884 Agora Cir SE, Unit 203

Westshore Palm Bay

Eastshore Palm Bay

Aqua Palm Bay

2139 Washington St NE

Tides at Palm Bay

The Pines Apartments

Windwood Apartments
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.

3412 Overlook Dr

4412 Overlook Dr

1914 Agora Cir SE

2522 Amberly Rd NE

Mercury Cove Apartments

2326 Shenandoah Rd

1648 Brook St NE

451 Mercury Ave SE, Unit 201
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.

4714 Overlook Dr

1051 Clearmont St NE

3711 Vista Oaks Cir NE

1452 Turkey Creek Dr NE

4414 Overlook Dr, Unit 18

1924 Seagrape St NE

2308 Shenandoah Rd

Palmview Cove Apartments
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.

Trillium
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 | $1,527 | $895 | $1,865 |
| South Cove 1 Bedroom Apartments | $1,762 | $1,090 | $2,280 |
| South Cove 2 Bedroom Apartments | $2,164 | $1,300 | $2,875 |
| South Cove 3 Bedroom Apartments | $3,037 | $1,455 | $10,000+ |
| South Cove 4 Bedroom Apartments | $31,235 | $10,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 41 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 1 Bed unit found at The Monroe on Monterey priced from $1,155. Ascent of Palm Bay has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,215. Here are the most affordable South Cove apartments for rent in Palm Bay, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Monroe on Monterey | A1 | 1BR,1BA | $1,155 |
| Ascent of Palm Bay | Cape | 1BR,1BA | $1,215 |
| Indian River Flats | Jasper | 1BR,1BA | $1,238 |
| Woodlake Village | 1 Bed 1 Bath | 1BR,1BA | $1,240 |
| The Braxton | A1 | 1BR,1BA | $1,245 |
| Palmview Cove Apartments | 1 Bed 1 Bath | Classic | 1BR,1BA | $1,275 |
| Mercury Cove Apartments | 2BR/1.0BA | 2BR,1BA | $1,299 |
| Trillium | One Bedroom Apartment | 1BR,1BA | $1,410 |
| Westshore Palm Bay | Lucine | 1BR,1BA | $1,427 |
| Eastshore Palm Bay | Captiva | 1BR,1BA | $1,440 |
Best Value Apartments for Rent in South Cove, FL
As of July 14, 2026 the best value apartment in the South Cove area is the $0.84 price per square foot 2x2 Student Apartment Model at Melbourne Commons in the in the South Cove neighborhood starting from $960. The second greatest value South Cove apartment is the B1 Model at Azara Palm Bay starting at $1,263 with a $1.22 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 | 2x2 Student Apartment | 2BR,2BA | $0.84 |
| Azara Palm Bay | B1 | 2BR,2BA | $1.22 |
| Eastshore Palm Bay | Jupiter | 1BR,1BA | $1.75 |
| Mercury Cove Apartments | 2BR/1.0BA | 2BR,1BA | $1.30 |
| Ascent of Palm Bay | Cape | 1BR,1BA | $1.39 |
| Westshore Palm Bay | Lucine | 1BR,1BA | $1.80 |
| Aqua Palm Bay | Amelia | 1BR,1BA | $1.83 |
| Trillium | One Bedroom Apartment | 1BR,1BA | $1.86 |
| Woodlake Village | 1 Bed 1 Bath | 1BR,1BA | $1.77 |
| Palmview Cove Apartments | 1 Bed 1 Bath | Classic | 1BR,1BA | $1.85 |
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 ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
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 Tides at Palm Bay listed at $1,564.
How much is rent for a Cheap One Bedroom South Cove Apartment?
The lowest price for a Cheap One Bedroom South Cove Apartment is $1,157 at The Monroe on Monterey.
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 $1,263 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 $1,455.
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.