Cheap Apartments for Rent in the The Compound Neighborhood of Palm Bay, FL from $900 (10 Rentals)

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Search the lowest-cost Apartments available for rent right now in the The Compound area of Palm Bay.

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property at 590 Dream Ave SE

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

1 Bedroom, 1 Bath Home for Rent

Available Now

590 Dream Ave SE

Palm BayFL32909
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733 Cleaves St SE, Unit cleaves
$1,150
Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150
1 Bedroom Apartment Available Mar 13

733 Cleaves St SE, Unit cleaves

733 Cleaves St SEPalm Bay, FL 32909
Furnished
  • Smoke Free

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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 $1,260. 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$1,260
IslaA11BR,1BA$1,479

Best Value Apartments for Rent in The Compound, FL

As of February 28, 2026 the best value apartment in the The Compound area is the $1.23 price per square foot Three Bedroom Two Bath (b) Model at Malabar Cove Apartments in the in the The Compound neighborhood starting from $1,599. The second greatest value The Compound apartment is the A1 Model at Isla starting at $1,479 with a $1.96 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 ApartmentsThree Bedroom Two Bath (b)3BR,2BA$1.23
IslaA11BR,1BA$1.96
Madalyn Landing1 Bed/1 Bath1BR,1BA$1.77
The Pointe at Palm BayA11BR,1BA$2.17
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.

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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 $1,904.

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 6 regular apartments in The Compound that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in The Compound?

Cheap apartments in The Compound have an average cost of $890 which is $1,014 cheaper than the average rent for all rentals in The Compound.

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

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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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.