The average rent for a 1 bedroom apartment in Palm Bay is $1,796+, while the average rent for a 2 bedroom apartment is $2,077+. Rent rates updated ago
Studio
$1,688+
Prices trending up
1 Bed
$1,796+
Prices trending up
2 Beds
$2,077+
Prices trending up
3+ Beds
$2,551+
Prices trending up
* 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.
2485 Port Malabar Blvd NE, Palm Bay, FL 32905(321) 471-3330
$1,995+/moTotal price12-mo lease
This property is offering a limited-time move-in special.
241 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Granite counters, Pet friendly, Parking, Stainless steel, Walk in closets + more
34 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Amenities
In unit laundry, Granite counters, Hardwood floors, Dishwasher, Pet friendly, Parking + more
Frequently Asked Questions (FAQs)
In Palm Bay, FL, the average rent is $1,688+ for a studio, $1,796+ for a 1-bedroom, $2,077+ for a 2-bedroom, and $2,551+ 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.
2331 Commerce Park Drive Northeast, Palm Bay, FL 32905(321) 418-3989
$1,379+/moFees may apply11-mo lease
Top rated for Amenities
“Everyone in the office staff is amazing. We just had a small issue with the neighbor upstairs that was extremely rude and had dogs barking at all hours of the night. They will walk like they had elephant feet. Complete disregard of the disturbance.”
34 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
2155 Robert J Conlan Blvd NE, Palm Bay, FL 32905(321) 204-7998
$1,449+/moFees may apply7-mo lease
Top rated for Amenities
“Stull waiting on maintenance to replace scratched doors on refrigerator, dishwasher rusty heating coils, I feel the rust on it is not good for washing my dishes...other than that very happy with the overall experience, landscaping needs to be cleaned up and mulched, Janet”
33 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
