
Cheap Apartments for Rent in the The Compound Neighborhood of Palm Bay, FL from $1,000 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the The Compound area of Palm Bay.


3221 Westminster Ave SE

268 Pioneer Ave NE

Park at Palm Bay Apartments

268 Pioneer Ave NE
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

1370 Cogan Dr

Madalyn Landing

Total Monthly Price
Malabar Cove Apartments

The Pointe at Palm Bay

Total Monthly Price
1831 Convair St SE, Unit #101
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.

Total Monthly Price
Isla

439 Hamy St

171 Chestnut Ave NE

Palm Side Apartments

1434 Garabaldi Cir SE
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

1630 Agnes Ave SE
The Compound, Palm Bay, FL Local Guide

How much does it cost to rent an apartment in The Compound?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| The Compound 1 Bedroom Apartments | $1,539 | $1,046 | $1,950 |
| The Compound 2 Bedroom Apartments | $1,760 | $1,254 | $2,200 |
| The Compound 3 Bedroom Apartments | $1,936 | $1,453 | $2,500 |
| The Compound 4 Bedroom Apartments | $1,947 | $1,799 | $2,200 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 3 mile radius of the The Compound Neighborhood of Palm Bay, FL.
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The Compound, Palm Bay, FL Local Guide
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Cheapest Available The Compound Apartments for Rent
 The cheapest available apartment rental in the The Compound area of Palm Bay, FL is a 1 Bed unit found at Madalyn Landing priced from $1,277. The Pointe at Palm Bay has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,488. Here are the most affordable The Compound apartments for rent in Palm Bay, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Madalyn Landing | 1 Bed/1 Bath | 1BR,1BA | $1,277 |
| The Pointe at Palm Bay | A1 | 1BR,1BA | $1,488 |
| Isla | A1 | 1BR,1BA | $1,529 |
| Malabar Cove Apartments | Three Bedroom Two Bath (b) | 3BR,2BA | $1,649 |
Best Value Apartments for Rent in The Compound, FL
As of July 27, 2026 the best value apartment in the The Compound area is the $1.27 price per square foot Three Bedroom Two Bath (b) Model at Malabar Cove Apartments in the in the The Compound neighborhood starting from $1,649. The second greatest value The Compound apartment is the 1831 Convair St SE Model at 1831 Convair St SE, Unit #101 starting at $1,500 with a $1.67 price per square foot in the South Cove neighborhood. Here is today’s list of the best values for The Compound apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Malabar Cove Apartments | Three Bedroom Two Bath (b) | 3BR,2BA | $1.27 |
| 1831 Convair St SE, Unit #101 | 1831 Convair St SE | 2BR,1.5BA | $1.67 |
| Isla | A1 | 1BR,1BA | $2.02 |
| Madalyn Landing | 1 Bed/1 Bath | 1BR,1BA | $1.75 |
| The Pointe at Palm Bay | A1 | 1BR,1BA | $2.17 |
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.
Best Local Schools in The Compound, Palm Bay, FL
School data provided by Great Schools
Frequently Asked Questions about Cheap The Compound Apartments
How much is rent for a Cheap One Bedroom The Compound Apartment?
The lowest price for a Cheap One Bedroom The Compound Apartment is $1,277 at Madalyn Landing.
What is the lowest price for a Cheap Two Bedroom The Compound Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in The Compound is starting from $1,506 at Madalyn Landing.
What is the most affordable The Compound Three Bedroom Apartment?
The best deal on a cheap The Compound Three Bedroom Apartment rental is at Malabar Cove Apartments and starts from $1,649.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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.