Cheap Homes for Rent in South Cove Neighborhood of Palm Bay, FL from $1,100 (22 Rentals)

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

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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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.

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.

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 $1,103. Indian River Flats has the second lowest priced unit, which is a Studio apartment currently listed from $1,119. Here are the most affordable South Cove apartments for rent in Palm Bay, FL:

Apartment ListingModel NameBed/BathPriced From
The Monroe on MontereyA31BR,1BA$1,103
Indian River FlatsCoralStudio,1BA$1,119
Ascent of Palm BayCape1BR,1BA$1,203
The BraxtonA11BR,1BA$1,225
Woodlake Village1 Bed 1 Bath1BR,1BA$1,252

Best Value Apartments for Rent in South Cove, FL

As of January 13, 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 2BR/1.0BA Model at Mercury cove Apartments starting at $1,395 with a $1.40 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.
Melbourne Commons2x2 Student Apartment2BR,2BA$0.84
Mercury cove Apartments2BR/1.0BA2BR,1BA$1.40
Ascent of Palm BayCape1BR,1BA$1.37
Eastshore Palm BaySiesta1BR,1BA$1.85
Westshore Palm BayLucine1BR,1BA$1.86
Aqua Palm BayAmelia1BR,1BA$1.95
Meri Palm BayA11BR,1BA$1.98
TrilliumOne Bedroom Apartment1BR,1BA$1.86
Woodlake Village1 Bed 1 Bath Deluxe1BR,1BA$1.80
Palmview Cove Apartments1 Bed 1 Bath | Renovated1BR,1BA$1.99

Frequently Asked Questions about South Cove

What type of rentals are currently available in South Cove?

There are currently 77 Apartments for Rent in South Cove, FL with pricing that ranges from $546 to $2,460. There are also 106 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Cove ranging from $1,175 to $7,000.

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 $1,175 to $7,000 with an average monthly rent of $2,198.

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 A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!