Cheap Homes for Rent in South Cove Neighborhood of Palm Bay, FL from $500 (13 Rentals)

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

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.

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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.

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South Cove, Palm Bay, FL Local Guide

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 $1,028. 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 ListingModel NameBed/BathPriced From
Indian River FlatsCoralStudio,1BA$1,028
Palm Bay ClubB12BR,2BA$1,262
The Monroe on MontereyA11BR,1BA$1,283
The BraxtonA11BR,1BA$1,295
Ascent of Palm BaySanibel2BR,2BA$1,381

Best Value Apartments for Rent in South Cove, FL

As of June 29, 2025 the best value apartment in the South Cove area is the $1.68 price per square foot Three Bedroom Apartment Model at Trillium in the in the South Cove neighborhood starting from $2,141. The second greatest value South Cove apartment is the Sanibel Model at Ascent of Palm Bay starting at $1,381 with a $1.24 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.
TrilliumThree Bedroom Apartment3BR,2BA$1.68
Ascent of Palm BaySanibel2BR,2BA$1.24
Palm Bay ClubB12BR,2BA$1.22
Aqua Palm BayBoca2BR,2BA$1.68
Westshore Palm BayConch1BR,1BA$1.86
Mercury Cove Apartments2BR/1.0BA2BR,1BA$1.50
Woodlake Village2 Bed 1 Bath2BR,1BA$1.62
1875 Wabun Street Northeast, Unit Apt A1875 Wabun Street Northeast2BR,1BA$1.41
Eastshore Palm BaySiesta1BR,1BA$2.05
Meri Palm BayA11BR,1BA$2.02

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Frequently Asked Questions about South Cove

What type of rentals are currently available in South Cove?

There are currently 73 Apartments for Rent in South Cove, FL with pricing that ranges from $940 to $19,800. There are also 100 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Cove ranging from $549 to $8,750.

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 $549 to $8,750 with an average monthly rent of $3,504.

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 $940 to $3,037, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $7,000. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $940.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.

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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.

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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.