
Cheap Apartments for Rent in Sebastian, FL from $500 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in Sebastian.


936 Louisiana Ave

832 Wren Cir

Palm Bay Club

Palm Side Apartments

Windwood Apartments

Park at Palm Bay Apartments
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.

The Monroe on Monterey

Indian River Flats

Malabar Lakes

Palms at Vero Beach

Ascent of Palm Bay

The Braxton

Woodlake Village
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.

The Park at Topaz Tuscana

Lake in the Woods Apartments

Madalyn Landing

10X Harbour Bay

Malabar Cove Apartments

Westshore Palm Bay

Eastshore Palm Bay
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.

Harvard Apartments

The Pointe at Palm Bay

Canterbury Place Apartments

Taylor Pointe Apartments

Meri Palm Bay

Mercury cove Apartments

2570 42nd St
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.
Sebastian, FL Local Guide

How much does it cost to rent an apartment in Sebastian?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Sebastian Studio Apartments | $1,093 | $995 | $1,150 |
| Cheap Sebastian 1 Bedroom Apartments | $1,794 | $1,046 | $2,829 |
| Cheap Sebastian 2 Bedroom Apartments | $2,153 | $546 | $6,599 |
| Cheap Sebastian 3 Bedroom Apartments | $2,445 | $1,361 | $4,899 |
| Cheap Sebastian 4 Bedroom Apartments | $1,966 | $1,914 | $2,019 |
Browse Top Apartments in Sebastian
See all Apartments in SebastianExplore Sebastian
Sebastian, FL Local Guide
- Sebastian Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Sebastian, FL
Pricing Updated: 01/13/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Sebastian Crossings | $1,500 | $1,500 | 2 |
| Sebastian Highlands | $1,500 | $1,500 | 1 |
| Sebastian River Landing | $2,825 | $1,500 | 101 |
Cheapest Available Sebastian Apartments for Rent
 The cheapest available apartment rental in Sebastian, FL is a 1 Bed unit found at The Monroe on Monterey in the South Cove neighborhood priced from $1,103. Taylor Pointe Apartments in the Pineview Park neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,115. Here is today’s list of the most affordable Sebastian apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Monroe on Monterey | A3 | 1BR,1BA | $1,103 |
| Taylor Pointe Apartments | Two Bedroom | 2BR,2BA | $1,115 |
| Indian River Flats | Coral | Studio,1BA | $1,119 |
| Palm Side Apartments | Studio (Upgraded) | Studio,1BA | $1,150 |
| Malabar Lakes | Haven | 1BR,1BA | $1,160 |
| Ascent of Palm Bay | Cape | 1BR,1BA | $1,203 |
| The Braxton | A1 | 1BR,1BA | $1,225 |
| Woodlake Village | 1 Bed 1 Bath | 1BR,1BA | $1,252 |
| The Park at Topaz Tuscana | Venice | 1BR,1BA | $1,299 |
| 10X Harbour Bay | A1 | 1BR,1BA | $1,325 |
Best Value Apartments for Rent in Sebastian, FL
As of January 13, 2026 the best value apartment in the Sebastian area is the $1.32 price per square foot Three Bedroom Two Bath Model at Malabar Cove Apartments in the in the The Compound neighborhood starting from $1,709. The second greatest value Sebastian apartment is the B1 Model at Marin at Harvard starting at $1,570 with a $1.26 price per square foot in the Coastal Brevard neighborhood. Here is today’s list of the best values for Sebastian apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Malabar Cove Apartments | Three Bedroom Two Bath | 3BR,2BA | $1.32 |
| Marin at Harvard | B1 | 2BR,2BA | $1.26 |
| The Reserve at Vero Beach | 2 | 2BR,2BA | $1.58 |
| Lake in the Woods Apartments | The Worthington | 3BR,2.5BA | $1.43 |
| Palms at Vero Beach | Palmetto | 3BR,2BA | $1.25 |
| Mercury cove Apartments | 2BR/1.0BA | 2BR,1BA | $1.40 |
| Taylor Pointe Apartments | Two Bedroom | 2BR,2BA | $1.16 |
| Madalyn Landing | 2 Bed/2 Bath | 2BR,2BA | $1.57 |
| Ascent of Palm Bay | Cape | 1BR,1BA | $1.37 |
| 10X Harbour Bay | A1 | 1BR,1BA | $1.51 |
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 ArticleThe 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.
Read ArticleCash 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.
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 Sebastian, FL
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Sebastian, FL Rentals by Map
See the most popular apartments and homes in Sebastian, FL
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 $1,119.
How much is rent for a Cheap One Bedroom Sebastian Apartment?
The lowest price for a Cheap One Bedroom Sebastian Apartment is $1,103 at The Monroe on Monterey.
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 $1,115 at Taylor Pointe Apartments.
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

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.

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.

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.

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