Cheap Apartments for Rent in Sebastian, FL from $995 (55 Rentals)

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

property at 13050 Old Dixie Hwy

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

1 Bedroom, 1 Bath Home for Rent

Available Now

13050 Old Dixie Hwy

SebastianFL32958

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 9896 Pine St

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

2 Bedroom, 1 Bath Home for Rent

Available Now

9896 Pine St

SebastianFL32976
property at 5790 Marina Dr

$1,900 - $2,200

2 Bedroom Rentals

Available Now

5790 Marina Dr

SebastianFL32958
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Malabar Lakes
$1,111 - $1,567
Total Monthly Price

Total Monthly Price

Base Rent
$1,111 - $1,567

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Malabar Lakes

1018 NE Malabar Lakes DrPalm Bay, FL 32905
Corporate Housing
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Ascent of Palm Bay
$1,205 - $1,628
Total Monthly Price

Total Monthly Price

Base Rent
$1,205 - $1,628

Total Monthly Price
$1,205 - $1,628
1 to 3 Bedroom Apartments Available Oct 17

Ascent of Palm Bay

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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Meri Palm Bay
Rent Specials
$1,412 - $1,929
Total Monthly Price

Total Monthly Price

Base Rent
$1,412 - $1,929

Total Monthly Price
$1,412 - $1,929
1 to 3 Bedroom Apartments Available Now

Meri Palm Bay

1880 Mogra Circle NEPalm Bay, FL 32905
Furnished
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Malabar Cove Apartments
Rent Specials
$1,429 - $2,039
Total Monthly Price

Total Monthly Price

Base Rent
$1,429 - $2,039

Total Monthly Price
Varies
2 to 4 Bedroom Apartments Available Now

Malabar Cove Apartments

154 Daffodil Dr SWPalm Bay, FL 32907
Affordability
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  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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10X Harbour Bay
Rent Specials
$1,477
Total Monthly Price

Total Monthly Price

Base Rent
$1,477

Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

10X Harbour Bay

100-500 Larch Cir NEPalm Bay, FL 32905
Family Friendly
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Isla
Rent Specials
$1,539 - $2,254
Total Monthly Price

Total Monthly Price

Base Rent
$1,539 - $2,254

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Isla

1205 Jaslo StPalm Bay, FL 32909
Family Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

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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Palm Side Apartments
Studio to 2 Bedroom Apartments

Palm Side Apartments

210 Interchange Dr NEPalm Bay, FL 32907
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Sunquest Apartments
Studio to 2 Bedroom Apartments

Sunquest Apartments

1745 6th AveVero Beach, FL 32960
Corporate Housing
  • Utilities Included

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.

Sebastian, FL Local Guide

Cheapest Neighborhoods for Apartments in Sebastian, FL

Pricing Updated: 08/29/2026

Current apartment rentals in the Sebastian, FL area range in price from $1,250 to $5,899 with an overall median price of $2,245. Here is today’s list neighborhoods with the lowest median pricing for Sebastian Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Sebastian Crossings$1,800$1,2503
Sebastian Highlands$2,000$1,6001
Sebastian River Landing$2,264$1,25084

Cheapest Available Sebastian Apartments for Rent

 

The cheapest available apartment rental in Sebastian, FL is a Studio unit found at Indian River Flats in the South Cove neighborhood priced from $1,029. THE PARK AT PALM BAY in the The Compound neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,049. Here is today’s list of the most affordable Sebastian apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Indian River FlatsCoralStudio,1BA$1,029
THE PARK AT PALM BAY1 Bed 1 Bath1BR,1BA$1,049
The Monroe on MontereyA31BR,1BA$1,091
Sunquest Apartments0BD/1BA StudioStudio,1BA$1,185
Woodlake Village1 Bed 1 Bath1BR,1BA$1,240
The Park at Topaz TuscanaVenice1BR,1BA$1,249
The BraxtonA11BR,1BA$1,255
Taylor Pointe ApartmentsTwo Bedroom2BR,2BA$1,289
Madalyn Landing1 Bed/1 Bath1BR,1BA$1,298
10X Harbour BayA11BR,1BA$1,302

Best Value Apartments for Rent in Sebastian, FL

As of August 29, 2026 the best value apartment in the Sebastian area is the $1.26 price per square foot Aria Model at Cypress Bay in the in the Coastal Brevard neighborhood starting from $2,113. 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 BayAria3BR,2BA$1.26
Malabar Cove ApartmentsThree Bedroom Two Bath (b)3BR,2BA$1.27
Marin at HarvardB12BR,2BA$1.26
10X Harbour BayB12BR,2BA$1.28
The Palms At Vero BeachPalmetto3BR,2BA$1.39
Azara Palm BayB12BR,2BA$1.35
Mercury Cove Apartments2BR/1.0BA2BR,1BA$1.38
Taylor Pointe ApartmentsTwo Bedroom2BR,2BA$1.34
Malabar LakesRetreat2BR,1BA$1.64
THE PARK AT PALM BAY1 Bed 1 Bath1BR,1BA$1.60

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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Real 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 $1,029.

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

The lowest price for a Cheap One Bedroom Sebastian Apartment is $1,049 at THE PARK AT PALM BAY.

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 $1,257 at THE PARK AT PALM BAY.

What is the most affordable Sebastian Three Bedroom Apartment?

The best deal on a cheap Sebastian Three Bedroom Apartment rental is at THE PARK AT PALM BAY and starts from $1,455.

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 Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.