Cheap Apartments for Rent in Sebastian, FL from $500 (66 Rentals)

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Search the lowest-cost Apartments available for rent right now in Sebastian.

property at 945 Clearmont St

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100
Total Monthly Price
$2,100

3 Bedroom, 2 Bath Home for Rent

Available Now

945 Clearmont St

SebastianFL32958
property at 449 Del Monte Rd

$1,775

Total Monthly Price

Total Monthly Price

Base Rent
$1,775
Total Monthly Price
$1,775

2 Bedroom, 1 Bath Home for Rent

Available Now

449 Del Monte Rd, Unit A, Unit A

449 Del Monte Rd
SebastianFL32958
property at 1212 Breezy Way

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800
Total Monthly Price
$1,800

2 Bedroom, 2 Bath Condo for Rent

Available Now

1212 Breezy Way, Unit 7H, Unit 7H

1212 Breezy Way
SebastianFL32958

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.

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property at 1112 Pocatella Dr

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900
Total Monthly Price
$1,900

2 Bedroom, 2 Bath Home for Rent

Available Now

1112 Pocatella Dr

SebastianFL32976
property at 426 Tulip Dr

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100
Total Monthly Price
$2,100

2 Bedroom, 2 Bath Home for Rent

Available Now

426 Tulip Dr

SebastianFL32958

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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Ascent of Palm Bay
Rent Specials
$1,269 - $1,725
Total Monthly Price

Total Monthly Price

Base Rent
$1,269 - $1,725
Total Monthly Price
$1,269 - $1,725
1 to 3 Bedroom Apartments Available Now

Ascent of Palm Bay

3350 Wedgewood Dr NEPalm Bay, FL 32905
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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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10X Harbour Bay
Rent Specials
$1,339 - $1,799
Total Monthly Price

Total Monthly Price

Base Rent
$1,339 - $1,799
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

10X Harbour Bay

100-500 Larch Cir NEPalm Bay, FL 32905
Family Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
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Malabar Lakes
$1,365 - $1,569
Total Monthly Price

Total Monthly Price

Base Rent
$1,365 - $1,569
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Malabar Lakes

1018 NE Malabar Lakes DrPalm Bay, FL 32905
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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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Isla
Rent Specials
$1,544 - $2,229
Total Monthly Price

Total Monthly Price

Base Rent
$1,544 - $2,229
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Isla

1205 Jaslo StPalm Bay, FL 32909
Family Friendly
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  • Customer Reviewed
  • 3D Tour
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Meri Palm Bay
Rent Specials
$1,705 - $1,960
Total Monthly Price

Total Monthly Price

Base Rent
$1,705 - $1,960
Total Monthly Price
$1,705 - $1,960
1 to 3 Bedroom Apartments Available Now

Meri Palm Bay

1880 Mogra Circle NEPalm Bay, FL 32905
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour

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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Showing Results 1-50, Page 1 of 2

Sebastian, FL Local Guide

Cheapest Neighborhoods for Apartments in Sebastian, FL

Pricing Updated: 04/14/2026

Current apartment rentals in the Sebastian, FL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Sebastian Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Sebastian Crossings$1,800$1,5004
Sebastian Highlands$1,800$1,5003
Sebastian River Landing$2,825$1,50097

Cheapest Available Sebastian Apartments for Rent

 

The cheapest available apartment rental in Sebastian, FL is a 2 Beds unit found at Palm Bay Club in the South Cove neighborhood priced from $585. Indian River Flats in the South Cove neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $920. Here is today’s list of the most affordable Sebastian apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Palm Bay ClubB12BR,2BA$585
Indian River FlatsCoralStudio,1BA$920
Taylor Pointe ApartmentsTwo Bedroom2BR,2BA$1,115
Sunquest Apartments0BD/1BA StudioStudio,1BA$1,185
The BraxtonA11BR,1BA$1,220
Woodlake Village1 Bed 1 Bath1BR,1BA$1,240
The Monroe on MontereyA1R1BR,1BA$1,255
10X Harbour BayA11BR,1BA$1,339
Palms at Vero BeachPalmetto3BR,2BA$1,361
Malabar LakesHaven1BR,1BA$1,365

Best Value Apartments for Rent in Sebastian, FL

As of April 14, 2026 the best value apartment in the Sebastian area is the $1.32 price per square foot Cali Model at Cypress Bay in the in the Coastal Brevard neighborhood starting from $2,420. The second greatest value Sebastian apartment is the Three Bedroom Two Bath (b) Model at Malabar Cove Apartments starting at $1,649 with a $1.27 price per square foot in the The Compound neighborhood. Here is today’s list of the best values for Sebastian apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cypress BayCali4BR,2BA$1.32
Malabar Cove ApartmentsThree Bedroom Two Bath (b)3BR,2BA$1.27
Marin at HarvardB12BR,2BA$1.26
Meri Palm BayC23BR,2BA$1.45
Ascent of Palm BaySanibel2BR,2BA$1.32
Palms at Vero BeachPalmetto3BR,2BA$1.25
Palm Bay ClubB12BR,2BA$0.56
Mercury Cove Apartments2BR/1.0BA2BR,1BA$1.39
Taylor Pointe ApartmentsTwo Bedroom2BR,2BA$1.16
10X Harbour BayA11BR,1BA$1.53

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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Sebastian, FL

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Frequently Asked Questions about Cheap Sebastian Apartments

What is the Cheapest Studio apartment in Sebastian?

Currently the most affordable Cheap Studio Apartment in Sebastian is at Indian River Flats listed at $920.

How much is rent for a Cheap One Bedroom Sebastian Apartment?

The lowest price for a Cheap One Bedroom Sebastian Apartment is $1,214 at Indian River Flats.

What is the lowest price for a Cheap Two Bedroom Sebastian Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Sebastian is starting from $581 at Palm Bay Club.

What is the most affordable Sebastian Three Bedroom Apartment?

The best deal on a cheap Sebastian Three Bedroom Apartment rental is at Taylor Pointe Apartments and starts from $1,280.

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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.