84 Pet Friendly Apartments for rent in Palm Bay, FL

Last updated December 12 at 8:19pm UTC
1493 Talavera Street
Palm Bay
Palm Bay, FL
Updated December 12 at 5:25pm UTC
3 Bedrooms
$1,500
877 Seven Gables Circle SE
Palm Bay
Palm Bay, FL
Updated November 28 at 11:51am UTC
4 Bedrooms
$1,495
1265 Kamay Ave. NW
Palm Bay
Palm Bay, FL
Updated December 12 at 11:39am UTC
3 Bedrooms
$1,400
1182 Terry Road
Palm Bay
Palm Bay, FL
Updated December 12 at 1:39am UTC
2 Bedrooms
$1,100
2293 Hialeah Street NE
Palm Bay
Palm Bay, FL
Updated December 1 at 12:07pm UTC
3 Bedrooms
$1,400
1622 Dittmer Cir SE
, FL
Updated December 12 at 11:41am UTC
3 Bedrooms
$1,500
3308 Sea Mist Lane
Melbourne
Melbourne, FL
Updated October 21 at 9:38am UTC
2 Bedrooms
$1,600
Results within 1 miles of Palm Bay, FL
3791 Town Square Boulevard
Melbourne
Melbourne, FL
Updated December 12 at 5:25pm UTC
4 Bedrooms
$1,500
4030 Wilkes Drive
Melbourne
Melbourne, FL
Updated November 17 at 2:07am UTC
4 Bedrooms
$1,500
Results within 5 miles of Palm Bay, FL
2890 Regency Dr R890
Melbourne
Melbourne, FL
Updated November 14 at 10:58am UTC
2 Bedrooms
$800
1103 Orange Street
Melbourne
Melbourne, FL
Updated November 30 at 11:38am UTC
4 Bedrooms
$3,000
179 San Juan Circle
Melbourne
Melbourne, FL
Updated November 17 at 2:04am UTC
1 Bedroom
$800
899 Emden Avenue NW
Palm Bay
Palm Bay, FL
Updated November 8 at 11:30am UTC
3 Bedrooms
$1,400
259 Taunton Road
Palm Bay
Palm Bay, FL
Updated November 30 at 11:38am UTC
3 Bedrooms
$1,350
1630 San Diego Street SE
Palm Bay
Palm Bay, FL
Updated December 12 at 11:32am UTC
3 Bedrooms
$1,350
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December 2017 Palm Bay Rent Report

Welcome to the December 2017 Palm Bay Rent Report. Palm Bay rents remained steady over the past month. In this report, we'll evaluate trends in the Palm Bay rental market, including comparisons to cities throughout the state and nation.

View full Palm Bay Rent Report
Rent Report
Palm Bay

December 2017 Palm Bay Rent Report

Welcome to the December 2017 Palm Bay Rent Report. Palm Bay rents remained steady over the past month. In this report, we'll evaluate trends in the Palm Bay rental market, including comparisons to cities throughout the state and nation.

Palm Bay rent trends were flat over the past month

Over the past month Palm Bay rents have remained steady. Currently, median rents in Palm Bay stand at $810 for a one-bedroom apartment and $1,030 for a two-bedroom. Palm Bay's year-over-year rent growth lags the state average of 3.5%, as well as the national average of 2.7%.

Rents rising across cities in Florida

Throughout the past year, rents have remained steady in the city of Palm Bay, but other cities across the entire state have seen rents increase. Of the largest 10 cities that we have data for in Florida, 9 of them have seen prices rise. The state as a whole logged rent growth of 3.5% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Pembroke Pines is the most expensive of all Florida's major cities, with a median two-bedroom rent of $2,370; of the 10 largest cities in the state that we have data for, Miami, where a two-bedroom goes for $1,350, is the only major city to see rents fall year-over-year (-0.4%).
  • Orlando, Port St. Lucie, and St. Petersburg have all experienced year-over-year growth above the state average (6.6%, 6.2%, and 5.9%, respectively).

Palm Bay rents more affordable than many large cities nationwide

Rent growth in Palm Bay has been relatively stable over the past year - some other large cities have seen more substantial increases; in contrast, rents in a few cities have actually declined. Palm Bay is still more affordable than most large cities across the country.

  • Palm Bay's median two-bedroom rent of $1,030 is below the national average of $1,160. Nationwide, rents have grown by 2.7% over the past year compared to the stagnant growth in Palm Bay.
  • While rents in Palm Bay remained moderately stable this year, similar cities saw increases, including Phoenix (+3.9%), Seattle (+3.5%), and Dallas (+2.4%); note that median 2BR rents in these cities go for $1,020, $1,660, and $1,100 respectively.
  • Renters will find more reasonable prices in Palm Bay than most large cities. For example, San Francisco has a median 2BR rent of $3,050, which is nearly three times the price in Palm Bay.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.