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39 Pet Friendly Apartments for rent in Palm Bay, FL

Last updated May 28 at 4:14am UTC
1493 Talavera Street
Palm Bay
Palm Bay, FL
Updated May 27 at 9:27am UTC
3 Bedrooms
$1,600
2190 Forest Knoll Dr. NE #212
Port Malabar Country Club
Palm Bay, FL
Updated May 26 at 9:51am UTC
2 Bedrooms
$975
1364 Harvard Street
Palm Bay
Palm Bay, FL
Updated May 16 at 5:23am UTC
3 Bedrooms
$1,450
1471 NE Sheafe Avenue
Port Malabar Country Club
Palm Bay, FL
Updated May 2 at 1:31am UTC
3 Bedrooms
$1,150
Results within 1 miles of Palm Bay, FL
4042 Wilkes Drive
Melbourne
Melbourne, FL
Updated May 28 at 2:57am UTC
3 Bedrooms
$1,500
4054 Wilkes Drive
Melbourne
Melbourne, FL
Updated May 24 at 11:56am UTC
4 Bedrooms
$1,700
1438 Attilburgh Boulevard
Manchester Lakes
Melbourne, FL
Updated May 20 at 3:25pm UTC
3 Bedrooms
$1,550
3730 Town Square Boulevard
Melbourne
Melbourne, FL
Updated May 19 at 8:42am UTC
3 Bedrooms
$1,450
Results within 5 miles of Palm Bay, FL
1884 Gulf Court
Indialantic
Indialantic, FL
Updated May 28 at 2:57am UTC
3 Bedrooms
$1,700
1950 Atlantic Street
Melbourne Beach
Melbourne Beach, FL
Updated May 27 at 9:27am UTC
2 Bedrooms
$1,800
1011 S Miramar Ave 3
Indialantic by The Sea
Indialantic, FL
Updated May 25 at 5:00pm UTC
1 Bedroom
$1,700
21 NORTH COURT
Indialantic
Indialantic, FL
Updated May 24 at 11:04am UTC
3 Bedrooms
$1,980
320 Tortuga Way
Fairmont
Melbourne, FL
Updated May 13 at 10:36am UTC
4 Bedrooms
$1,895
5338 Solway Drive
Melbourne Beach
Melbourne Beach, FL
Updated May 10 at 3:38pm UTC
3 Bedrooms
$2,250
3308 Sea Mist Lane
Melbourne Beach
Melbourne Beach, FL
Updated May 9 at 9:39am UTC
2 Bedrooms
$1,600
1982 Cato Court
Indialantic
Indialantic, FL
Updated April 30 at 9:32pm UTC
3 Bedrooms
$2,300
Results within 10 miles of Palm Bay, FL
Biarritz Street Northwest
Palm Bay
Palm Bay, FL
Updated March 12 at 7:30am UTC
3 Bedrooms
$1,700
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May 2018 Palm Bay Rent Report

Welcome to the May 2018 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

May 2018 Palm Bay Rent Report

Welcome to the May 2018 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

Palm Bay rents have remained flat over the past month, however, they have increased marginally by 0.7% year-over-year. Currently, median rents in Palm Bay stand at $820 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 2.3%, as well as the national average of 1.5%.

Rents rising across cities in Florida

Throughout the past year, rent increases have been occurring not just in the city of Palm Bay, but across the entire state. Of the largest 10 cities that we have data for in Florida, all of them have seen prices rise. The state as a whole logged rent growth of 2.3% 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 $2,400; of the 10 largest Florida cities that we have data for, all have seen rents rise year-over-year, with Orlando experiencing the fastest growth (+6.8%).
  • Port St. Lucie, Tampa, and Hialeah have all experienced year-over-year growth above the state average (4.9%, 4.4%, and 4.2%, respectively).

Palm Bay rents more affordable than many large cities nationwide

As rents have increased marginally in Palm Bay, a few large cities nationwide have seen rents grow more quickly. 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 $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the 0.7% increase in Palm Bay.
  • While Palm Bay's rents rose marginally over the past year, many cities nationwide saw more substantial increases, including Phoenix (+2.3%), Atlanta (+1.9%), and Denver (+1.6%).
  • Renters will find more reasonable prices in Palm Bay than most large cities. For example, San Francisco has a median 2BR rent of $3,060, 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.