3221 Westminster Ave SE
Palm BayFL32909
Cheap Apartments for Rent in the The Compound Neighborhood of Palm Bay, FL from $1,049 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the The Compound area of Palm Bay.
3221 Westminster Ave SE
Palm BayFL32909
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Rent Specials
$1,049 - $1,4551 to 3 Bedroom Apartments Available Now
THE PARK AT PALM BAY
1200 SE Hadley CirPalm Bay, FL 32909
1370 Cogan Dr
Palm BayFL32909
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Rent Specials
$1,336 - $2,2411 to 3 Bedroom Apartments Available Now
Madalyn Landing
500 SW Malabar RdPalm Bay, FL 32907
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Rent Specials
$1,429 - $2,019
Total Monthly Price
Base Rent$1,429 - $2,019
Total Monthly PriceVaries
Malabar Cove Apartments
154 Daffodil Dr SWPalm Bay, FL 32907
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Rent Specials
$1,458 - $2,7661 to 3 Bedroom Apartments Available Now
The Pointe at Palm Bay
205 Valor Dr SEPalm Bay, FL 32909
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.
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$1,479 - $2,254
Total Monthly Price
Base Rent$1,479 - $2,254
Total Monthly PriceVaries
Isla
1205 Jaslo StPalm Bay, FL 32909
119 Uleta Rd SE
Palm BayFL32909
571 Degroodt Rd SW
Palm BayFL32908
1287 Wadsworth St SE
Palm BayFL32909
171 Okeefe St SE
Palm BayFL32909
1171 Harper Blvd SW
Palm BayFL32908
995 Armstrong Rd SE
Palm BayFL32909
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.
1582 Wyoming Dr SE
Palm BayFL32909
861 Americana Blvd NW
Palm BayFL32907
1299 Salina St SE
Palm BayFL32909
1623 Painter St SE
Palm BayFL32909
171 Chestnut Ave NE
Palm BayFL32907
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Studio to 2 Bedroom Apartments
Palm Side Apartments
210 Interchange Dr NEPalm Bay, FL 32907
2124 Middlebury Drive
Palm BayFL32909
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.
1434 Garabaldi Cir SE
Palm BayFL32909
559 Oldenberg St SW
Palm BayFL32908
598 Blackhorse St SE
Palm BayFL32909
220 Tipton Rd SW
Palm BayFL32908
800 Starland St SE
Palm BayFL32909
1042 Brookfield St SE
Palm BayFL32909
1480 Waco Blvd SE
Palm BayFL32909
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
2481 San Filippo Dr SE
Palm BayFL32909
1533 Emerson Dr SE
Palm BayFL32909
481 Harrington St SW
Palm BayFL32908
Showing Results 1-31, Page 1 of 1
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 | $1,513 | $1,049 | $1,950 |
| The Compound 2 Bedroom Apartments | $1,681 | $1,257 | $2,200 |
| The Compound 3 Bedroom Apartments | $1,928 | $1,455 | $2,500 |
| The Compound 4 Bedroom Apartments | $1,883 | $1,699 | $2,019 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 31 rentals with your search options within a 3 mile radius of the The Compound Neighborhood of Palm Bay, FL.
See all Apartments in Palm BayExplore Palm Bay
The Compound, Palm Bay, FL Local Guide
- Nearby Palm Bay neighborhoods
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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 THE PARK AT PALM BAY priced from $1,049. Madalyn Landing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,334. Here are the most affordable The Compound apartments for rent in Palm Bay, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| THE PARK AT PALM BAY | 1 Bed 1 Bath | 1BR,1BA | $1,049 |
| Madalyn Landing | 1 Bed/1 Bath | 1BR,1BA | $1,334 |
| Malabar Cove Apartments | Two Bedroom One Bath (b) | 2BR,1BA | $1,429 |
| The Pointe at Palm Bay | A1 | 1BR,1BA | $1,458 |
| Havens at Palm Bay Reserve | Aspen | 1BR,1BA | $1,462 |
| Isla | A1 | 1BR,1BA | $1,479 |
Best Value Apartments for Rent in The Compound, FL
As of September 11, 2026 the best value apartment in the The Compound area is the $1.47 price per square foot Two Bedroom One Bath (b) Model at Malabar Cove Apartments in the in the The Compound neighborhood starting from $1,429. The second greatest value The Compound apartment is the Aspen Model at Havens at Palm Bay Reserve starting at $1,950 with a $2.43 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Malabar Cove Apartments | Two Bedroom One Bath (b) | 2BR,1BA | $1.47 |
| Havens at Palm Bay Reserve | Aspen | 1BR,1BA | $2.43 |
| Isla | A1 | 1BR,1BA | $1.96 |
| Madalyn Landing | 1 Bed/1 Bath | 1BR,1BA | $1.87 |
| The Pointe at Palm Bay | A1 | 1BR,1BA | $2.13 |
| THE PARK AT PALM BAY | 1 Bed 1 Bath | 1BR,1BA | $1.60 |
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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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
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Best Local Schools in The Compound, Palm Bay, FL
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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 THE PARK AT PALM BAY which is listed at $1,049, while the average apartment in The Compound costs $1,649.
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 10 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 $218 which is $1,431 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
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.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.