
Cheap Homes for Rent in South Cove Neighborhood of Palm Bay, FL from $500 (29 Rentals)
Search the lowest-cost Homes available for rent right now in the South Cove area of Palm Bay.


942 Chace Ln NE

268 Pioneer Ave NE

1199 Jordan Ct NE

1199 Jordan Ct NE, Unit B

268 Pioneer Ave NE

1914 Agora Cir SE
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.

2358 Port Malabar Blvd NE

2326 Shenandoah Rd

2522 Amberly Rd NE

1884 Agora Cir SE

1870 Agora Cir SE

1884 Agora Cir SE, Unit 203

1648 Brook 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.

4714 Overlook Dr

1051 Clearmont St NE

3101 Wiley Ave

1452 Turkey Creek Dr NE

2235 Macedo NE Rd

2235 Macedo Rd NE

3711 Vista Oaks Cir NE
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.

1300 Arlington Ln NE

1360 Marshall Ln

1924 Seagrape St NE

2308 Shenandoah Rd

1924 Sugarberry Ct NE

327 Crown Blvd

343 Talbot St
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.

1717 Erin Ct
South Cove, Palm Bay, FL Local Guide

How much does it cost to rent a home in South Cove?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Cove 2 Bedroom Homes for Rent | $2,085 | $1,000 | $4,950 |
| South Cove 3 Bedroom Homes for Rent | $2,535 | $1,275 | $5,900 |
| South Cove 4 Bedroom Homes for Rent | $3,025 | $1,850 | $5,900 |
| South Cove 5 Bedroom Homes for Rent | $2,585 | $2,585 | $2,585 |
Browse Homes for Rent in this Neighborhood
There are currently 29 rentals with your search options within a 3 mile radius of the South Cove Neighborhood of Palm Bay, FL.
Explore Palm Bay
South Cove, Palm Bay, FL Local Guide
- Nearby Palm Bay neighborhoods
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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 $1,049. Ascent of Palm Bay has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,164. 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 | $1,049 |
| Ascent of Palm Bay | Cape | 1BR,1BA | $1,164 |
| The Monroe on Monterey | A3 | 1BR,1BA | $1,175 |
| Woodlake Village | 1 Bed 1 Bath | 1BR,1BA | $1,240 |
| Azara Palm Bay | B1 | 2BR,2BA | $1,269 |
| Mercury Cove Apartments | 2BR/1.0BA | 2BR,1BA | $1,299 |
| The Braxton | A1 | 1BR,1BA | $1,360 |
| Trillium | One Bedroom Apartment | 1BR,1BA | $1,410 |
| Eastshore Palm Bay | Captiva | 1BR,1BA | $1,440 |
| Westshore Palm Bay | Lucine | 1BR,1BA | $1,447 |
Best Value Apartments for Rent in South Cove, FL
As of June 15, 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 $1,269 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 |
| Meri Palm Bay | B1R | 2BR,2BA | $1.74 |
| Mercury Cove Apartments | 2BR/1.0BA | 2BR,1BA | $1.30 |
| Palmview Cove Apartments | 2 Bed 2 Bath | Renovated | 2BR,2BA | $1.73 |
| Ascent of Palm Bay | Cape | 1BR,1BA | $1.33 |
| Aqua Palm Bay | Amelia | 1BR,1BA | $1.86 |
| Westshore Palm Bay | Lucine | 1BR,1BA | $1.83 |
| Trillium | One Bedroom Apartment | 1BR,1BA | $1.86 |
| Woodlake Village | 1 Bed 1 Bath | 1BR,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.
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 South Cove
What type of rentals are currently available in South Cove?
There are currently 75 Apartments for Rent in South Cove, FL with pricing that ranges from $1,049 to $18,362. There are also 98 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Cove ranging from $500 to $5,900.
What is the current price range for Rental Homes in South Cove?
Today's rental pricing for Homes for Rent, Condos and Townhomes in South Cove ranges from $500 to $5,900 with an average monthly rent of $1,997.
How much are larger Three and Four Bedroom Rentals in South Cove?
For those who are looking for larger living arrangements, Three Bedroom Apartments in South Cove range from $1,588 to $13,802, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,275 to $5,900. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $10,000.
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

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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.