The average rent for a 1 bedroom apartment in Palm Bay is $1,779+, while the average rent for a 2 bedroom apartment is $2,064+. Rent rates updated ago
Studio
$1,427+
Prices trending down
1 Bed
$1,779+
Prices trending down
2 Beds
$2,064+
Prices trending down
3+ Beds
$2,520+
Prices trending down
* Averages are based on the rental prices of properties listed on Apartment List that don’t include fees
Palm Bay Rent Report:
Welcome to the Apartment List October 2026 Rent Report for Palm Bay, FL. Currently, the overall median rent in the city stands at $1,430, roughly the same as last month. Prices are now down 2.2% year-over-year. Read on to learn more about what’s been happening in the Palm Bay rental market and how it compares to trends throughout the nation as a whole.
In Palm Bay, FL, the average rent is $1,427+ for a studio, $1,779+ for a 1-bedroom, $2,064+ for a 2-bedroom, and $2,520+ for a 3-bedroom.* For more information on rental trends in Palm Bay, FL, check out our monthly Palm Bay, FL Rent Report.
*Based on base prices that don’t include fees
You can find the lowest-priced apartments in Palm Bay, FL by using the cheap apartments filter or you can search by apartments that are offering move-in specials.
You can use the pet-friendly filter to find Palm Bay, FL apartments that allow pets.
The answer to this question depends on your household income and a couple of other factors. You can use our Rent Calculator to figure out how much you should spend on rent in Palm Bay, FL.
