
Cheap Apartments for Rent in the The Compound Neighborhood of Palm Bay, FL from $900 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in the The Compound area of Palm Bay.


571 San Filippo Dr SE
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.

Park at Palm Bay Apartments

515 Kylar Dr NW
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.

Madalyn Landing
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 Studio Apartments | $1,072 | $995 | $1,150 |
The Compound 1 Bedroom Apartments | $1,410 | $1,000 | $1,615 |
The Compound 2 Bedroom Apartments | $1,636 | $1,254 | $2,122 |
The Compound 3 Bedroom Apartments | $1,783 | $1,398 | $2,382 |
The Compound 4 Bedroom Apartments | $2,015 | $1,899 | $2,400 |
Browse Apartments in this Neighborhood
There are currently 5 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
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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 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 $1,299. Here are the most affordable The Compound apartments for rent in Palm Bay, FL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Palm Side Apartments | Studio (Upgraded) | Studio,1BA | $1,150 |
Madalyn Landing | 1 Bed/1 Bath | 1BR,1BA | $1,299 |
Isla | A1 | 1BR,1BA | $1,534 |
Best Value Apartments for Rent in The Compound, FL
As of October 13, 2025 the best value apartment in the The Compound area is the $1.21 price per square foot Four Bedroom Three Bath 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 A2 Model at The Pointe at Palm Bay starting at $1,600 with a $2.01 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 | Four Bedroom Three Bath | 4BR,3BA | $1.21 |
The Pointe at Palm Bay | A2 | 1BR,1BA | $2.01 |
Isla | A1 | 1BR,1BA | $2.03 |
Madalyn Landing | 1 Bed/1 Bath | 1BR,1BA | $1.82 |
Palm Side Apartments | Studio (Upgraded) | Studio ,1BA | $3.83 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleThe Compound, Palm Bay, FL
Ranked #1
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in The Compound, Palm Bay, FL
School data provided by Great Schools
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 $1,989.
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 1 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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.