Cheap Apartments for Rent in the The Compound Neighborhood of Palm Bay, FL from $900 (5 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the The Compound 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.

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.

The Compound, Palm Bay, FL Local Guide

Cheapest Available The Compound Apartments for Rent

 

The cheapest available apartment rental in the The Compound area of Palm Bay, FL is a Studio unit found at Palm Side Apartments priced from $1,150. Madalyn Landing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,362. Here are the most affordable The Compound apartments for rent in Palm Bay, FL:

Apartment ListingModel NameBed/BathPriced From
Palm Side ApartmentsStudio (Upgraded)Studio,1BA$1,150
Madalyn Landing1 Bed/1 Bath1BR,1BA$1,362
The Pointe at Palm BayA11BR,1BA$1,499

Best Value Apartments for Rent in The Compound, FL

As of November 28, 2025 the best value apartment in the The Compound area is the $1.21 price per square foot Four Bedroom Three Bath (b) Model at Malabar Cove Apartments in the in the The Compound neighborhood starting from $1,899. The second greatest value The Compound apartment is the A1 Model at Isla starting at $1,539 with a $2.04 price per square foot in the The Compound neighborhood. Here is today’s list of the best values for The Compound apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Malabar Cove ApartmentsFour Bedroom Three Bath (b)4BR,3BA$1.21
IslaA11BR,1BA$2.04
Madalyn Landing1 Bed/1 Bath1BR,1BA$1.91
The Pointe at Palm BayA11BR,1BA$2.19
Palm Side ApartmentsStudio (Upgraded)Studio ,1BA$3.83

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 Article
Decorative image

The 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 Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
The Compound, Palm Bay, FL

Ranked #1

Among cities in Florida for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cheap The Compound Apartments

What is the price of a cheap apartment in The Compound?

The cheapest apartment in The Compound is Palm Side Apartments which is listed at $1,195, while the average apartment in The Compound costs $1,899.

What types of apartments are the cheapest in The Compound?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3 regular apartments in The Compound that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.