
Cheap Homes for Rent in The Compound Neighborhood of Palm Bay, FL from $700 (19 Rentals)
Search the lowest-cost Homes available for rent right now in the The Compound area of Palm Bay.


585 El Dorado Ave SE

701 Airoso Rd SE

1490 Van Buren Ave SE

428 Trumpet St SW

829 Tampa Ave SE
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.

1430 Valerius St SE

394 Sherman St SE

1630 Agnes Ave SE

1025 St Johns St SE

498 Reading St SE

1219 Waterway St SW
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.

184 Benchor Rd NW

622 Tejon Ave SW

1309 Gideon St SW

1215 Hastings Rd SW

2749 Freehold Ave SE

1184 Sapphire St SE
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.

194 Holiday Park Blvd NE
The Compound, Palm Bay, FL Local Guide

How much does it cost to rent a home in The Compound?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| The Compound 2 Bedroom Homes for Rent | $1,743 | $1,600 | $1,900 |
| The Compound 3 Bedroom Homes for Rent | $2,031 | $1,300 | $2,800 |
| The Compound 4 Bedroom Homes for Rent | $2,262 | $1,785 | $4,000 |
| The Compound 5 Bedroom Homes for Rent | $3,052 | $2,300 | $3,700 |
Browse Homes for Rent in this Neighborhood
There are currently 19 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 $1,476. The Pointe at Palm Bay has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,493. 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 | $1,476 |
| The Pointe at Palm Bay | A1 | 1BR,1BA | $1,493 |
| Isla | A1 | 1BR,1BA | $1,529 |
| Malabar Cove Apartments | Three Bedroom Two Bath (b) | 3BR,2BA | $1,599 |
| Havens at Palm Bay Reserve | A1 | 1BR,1BA | $1,950 |
Best Value Apartments for Rent in The Compound, FL
As of May 09, 2026 the best value apartment in the The Compound area is the $1.34 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 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 | Three Bedroom Two Bath (b) | 3BR,2BA | $1.34 |
| Havens at Palm Bay Reserve | A1 | 1BR,1BA | $2.43 |
| Isla | A1 | 1BR,1BA | $2.02 |
| Madalyn Landing | 1 Bed/1 Bath | 1BR,1BA | $2.07 |
| The Pointe at Palm Bay | A1 | 1BR,1BA | $2.18 |
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 The Compound
What type of rentals are currently available in The Compound?
There are currently 17 Apartments for Rent in The Compound, FL with pricing that ranges from $1,046 to $2,500. There are also 201 Single Family Homes for rent, Condos, and Townhome rentals currently available in The Compound ranging from $700 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 $700 to $4,000 with an average monthly rent of $1,963.
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 $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,785 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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.