Cheap Homes for Rent in The Compound Neighborhood of Palm Bay, FL from $700 (53 Rentals)

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Search the lowest-cost Homes 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.

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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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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.

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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 $1,227. 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$1,227
IslaA11BR,1BA$1,524
Malabar Cove ApartmentsThree Bedroom Two Bath (b)3BR,2BA$1,599
The Pointe at Palm BayB22BR,2BA$1,899

Best Value Apartments for Rent in The Compound, FL

As of January 24, 2026 the best value apartment in the The Compound area is the $1.28 price per square foot Three Bedroom Two Bath Model at Malabar Cove Apartments in the in the The Compound neighborhood starting from $1,659. The second greatest value The Compound apartment is the B2 Model at The Pointe at Palm Bay starting at $1,899 with a $1.70 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 Bath3BR,2BA$1.28
The Pointe at Palm BayB22BR,2BA$1.70
IslaA11BR,1BA$2.02
Madalyn Landing1 Bed/1 Bath1BR,1BA$1.72
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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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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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Best Local Schools in
The Compound, Palm Bay, FL

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Frequently Asked Questions about The Compound

What type of rentals are currently available in The Compound?

There are currently 16 Apartments for Rent in The Compound, FL with pricing that ranges from $995 to $2,250. There are also 282 Single Family Homes for rent, Condos, and Townhome rentals currently available in The Compound ranging from $795 to $4,000.

What is the current price range for Rental Homes in The Compound?

Today's rental pricing for Homes for Rent, Condos and Townhomes in The Compound ranges from $795 to $4,000 with an average monthly rent of $2,052.

How much are larger Three and Four Bedroom Rentals in The Compound?

For those who are looking for larger living arrangements, Three Bedroom Apartments in The Compound range from $1,453 to $2,250, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,575 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,645 and Four Bedroom Apartments start at $1,849.

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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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.

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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.