Apartments for Rent in Palm Bay, FL

Across 10 rentals in Palm Bay, FL, the cheapest we list is $1,029/mo and the average asking rent is around $1,318/mo. That puts Palm Bay roughly 21% below the FL state average of $1,669/mo, so it's one of the more affordable markets in the state. By size, expect one-bedrooms around $1,375/mo and two-bedrooms around $1,264/mo. Listings are ranked cheapest-first and updated regularly.

Updated Jun 9, 2026

Cheapest
$1,029
lowest listed rent
Average rent
$1,31821% below FL
across all sizes
Average by sizevs FL typical
Studio$1,02933% below FL
1 bed$1,37515% below FL
2 bed$1,26433% below FL

10 rentals in Palm Bay, FL

Every size & style, ranked by price

1-bedroom apartment at Aqua in Palm Bay, FL
Apartment · Palm Bay
$1,459/mo
3.8(118)
1 bd|1 ba|791 ft²

Aqua

2155 Robert J. Conlan Blvd. NE, Palm Bay, FL

Verified active·Recently listedView details

Renting in Palm Bay, FL: common questions

How much is rent in Palm Bay, FL?
The average asking rent across the 10 listings we track in Palm Bay, FL is $1,318/mo, with the cheapest starting at $1,029/mo. Prices change often, so confirm current rates on each listing.
What is the cheapest apartment for rent in Palm Bay?
Indian River Flats is the lowest-priced rental we're tracking in Palm Bay, FL at $1,029/mo. We rank every listing cheapest-first so the best-value options are always at the top.
What is the average rent by bedroom in Palm Bay?
Based on the listings we track in Palm Bay, FL: studios around $1,029/mo, one-bedrooms around $1,375/mo, two-bedrooms around $1,264/mo. These are averages and shift with availability.
Is Palm Bay expensive to rent in?
Relatively no. Palm Bay's average rent of $1,318/mo is about 21% below the FL state average of $1,669/mo, making it one of the more affordable markets in the state.

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