Bedroom count
Property type
Last updated on July 31, 2026
Average rent in
Palm Bay, FL
Average rent in
Last updated on July 31, 2026
Bedroom count
Property type
Key takeaways for renters
Where Palm Bay rent stands today
Palm Bay, FL rent is down 1.5% year over year, with a current median of $1,955/month. Renters today are paying $55 less per month on average than last year, with month-to-month rent essentially flat as the market holds near its recent peak.
Compared to national trends
Palm Bay runs 1.3% more expensive than the $1,930/month national median, placing it slightly above the national median in price with a total of 285 rentals available.
Price ranges
Studios in Palm Bay rent for about $1,100/month, 1-bedrooms for $1,250/month, and 2-bedrooms for $1,500/month, with 3-bedrooms at $1,950/month and 4+ bedrooms at $2,199/month. Houses dominate the market at 85.6% of rentals, renting for a median of $2,005/month compared to apartments at $1,510/month.
Neighborhood spotlight
Laurelwood At Bayside Lakes saw rents fall 40.9% year over year to $1,950/month across 21 rentals. This local decline contrasts with the citywide market, which is only down 1.5%, marking a notable neighborhood-level cooldown.
Median rent
Median rent in Palm Bay
$1,955/mo
2%vs previous year
The average rent in Palm Bay is $1,955 per month as of July 2026. This is 1% above the national average rent, or $25 more per month.
average price per square foot
Total rentals
Available rentals in Palm Bay
285
for rent on Zumper.com as of July 2026
Rent price distribution
Share of Palm Bay rentals at each price point
Rent trends in Palm Bay, FL
Average rent prices in Palm Bay have remained the same over the last month and have decreased by 2% since last year.
Rent trends
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Compare rent prices in
Palm Bay, FL
Rent prices in Palm Bay vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Palm Bay is $1,509, whereas a house costs $2,005. 1-bedroom apartments in Palm Bay run $1,449 on average, while 2-bedroom apartments are $1,500.
Listings | ||||
|---|---|---|---|---|
Studio | $1,100 |  4% | 2% | |
1 bedroom | $1,250 | 3% | 1% | |
2 bedroom | $1,500 | No Change | 8% | |
3 bedroom | $1,950 | 1% | 1% | |
4 bedroom | $2,199 | 1% | No Change |
Listings | ||
|---|---|---|
Brookside At Bayside Lakes | $2,199 | |
Fairview | $1,670 | |
Fairway Crossings At Bayside Lakes | $1,989 | |
Forest Glen At Bayside Lakes | $2,045 | |
Palm Bay Colony | $1,578 | |
Palm Bay Estates Mobile Home Park | $1,486 | |
Parkside West | $2,025 | |
Port Malabar Country Club | $1,700 | |
Sleepy Hollow | $1,650 | |
Wellington At Bayside Lakes | $2,100 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,509 | 2% | No Change | |
Condos | $1,500 | 5% | No Change | |
Houses | $2,005 | No Change | No Change | |
Rooms | $840 | 13% | No Change |
Studio
Average rent
$1,100
Last 30 days
4%
Last year
2%
1 bedroom
Average rent
$1,250
Last 30 days
3%
Last year
1%
2 bedroom
Average rent
$1,500
Last 30 days
No Change
Last year
8%
3 bedroom
Average rent
$1,950
Last 30 days
1%
Last year
1%
4 bedroom
Average rent
$2,199
Last 30 days
1%
Last year
No Change
Port Malabar Country Club
Average rent
$1,700
Palm Bay Estates Mobile Home Park
Average rent
$1,486
Parkside West
Average rent
$2,025
Fairway Crossings At Bayside Lakes
Average rent
$1,989
Wellington At Bayside Lakes
Average rent
$2,100
Palm Bay Colony
Average rent
$1,578
Brookside At Bayside Lakes
Average rent
$2,199
Sleepy Hollow
Average rent
$1,650
Fairview
Average rent
$1,670
Forest Glen At Bayside Lakes
Average rent
$2,045
Apartments
Average rent
$1,509
Last 30 days
2%
Condos
Average rent
$1,500
Last 30 days
5%
Houses
Average rent
$2,005
Last 30 days
No Change
Rooms
Average rent
$840
Last 30 days
13%
The table above reflects average rent prices in Palm Bay, FL, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
How does rent in Palm Bay, FL compare to other cities?
Compare median rent prices in Palm Bay and Indialantic by all bedroom counts and property types.
Palm Bay
1%higher than the national median
42%higher than the national median
Takeaway
The median rent for all rentals in Palm Bay, FL is 29% lower than the median rent in Indialantic, FL.
Average rent in nearby cities
Explore rent trends in neighboring markets
$2,750
2%$2,850
26%$4,700
1%$3,225
23%$1,800
9%$2,030
6%$2,795
$2,000
21%$2,650
7%$2,495
6%$2,500
14%$2,094
8%Discover rentals in Palm Bay, FL
5d+ ago
Apartment for rent in Palm Bay
4 beds
2 baths
$800
Apartment for rent
5d+ ago
House for rent in Palm Bay
2107 Washington St Ne #C, Palm Bay, FL 32905
2 beds
1 bath
$1,080
House for rent
Available Jun 20
5d+ ago
House for rent in Palm Bay
2115 Washington St Ne #B, Palm Bay, FL 32905
2 beds
1 bath
$1,080
House for rent
Available Jun 20
5d+ ago
Apartment for rent in Palm Bay
2522 Amberly Rd Ne, Palm Bay, FL 32905
2 beds
1 bath
$1,175
Apartment for rent
5d+ ago
House for rent in Palm Bay
448 Saint Andre Blvd Sw, Palm Bay, FL 32908
4 beds
2 baths
$4,000
House for rent
5d+ ago
Verified
4 beds
2 baths
$3,210
House for rent
Available Sep 1
5d+ ago
House for rent in Palm Bay
297 Harvey Ave Ne, Palm Bay, FL 32907
4 beds
3 baths
$3,200
$3,000
Price drop
House for rent
5d+ ago
House for rent in Palm Bay
502 Americana Blvd Ne, Palm Bay, FL 32907
4 beds
3 baths
$2,900
House for rent
Available Jul 6
1d ago
Verified
2361 Commerce Park Dr Ne, Palm Bay, FL 32905
1–2 beds
1–2 baths
$1,440–$2,074
Apartment for rent
1d ago
Verified
2331 Commerce Park Dr Ne, Palm Bay, FL 32905
1–3 beds
1–2 baths
$1,405–$2,362
Apartment for rent
2d ago
Verified
3 beds
2 baths
$1,935
$1,715
Price drop
House for rent
Available Jul 1
2d ago
Verified
3 beds
2 baths
$1,935
$1,715
Price drop
House for rent
Available Jul 1
3d ago
Verified
3 beds
2 baths
$1,825
House for rent
Available Jul 24
5d+ ago
Verified
3 beds
2 baths
$1,795
House for rent
Available Jul 20
1d ago
Verified
2361 Commerce Park Dr Ne, Palm Bay, FL 32905
1–2 beds
1–2 baths
$1,440–$2,074
Apartment for rent
1d ago
Verified
2331 Commerce Park Dr Ne, Palm Bay, FL 32905
1–3 beds
1–2 baths
$1,405–$2,362
Apartment for rent
2d ago
Verified
3 beds
2 baths
$1,935
$1,715
Price drop
House for rent
Available Jul 1
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Frequently asked questions for Palm Bay, FL
Quick answers to common questions about the Palm Bay rental market.
How much is rent in Palm Bay?
The average rent in Palm Bay is $1,955 per month as of July 25, 2026.
Is rent up or down in Palm Bay?
Average rent prices in Palm Bay have remained the same over the last month and have decreased by 2% since last year.
How does Palm Bay rent compare to the national average?
Rent in Palm Bay is 1% above the national average, which means renters are paying approximately $25 more per month.
Which neighborhoods are most affordable in Palm Bay?
The most affordable neighborhoods in Palm Bay are Palm Bay Estates Mobile Home Park ($1,486/mo), Palm Bay Colony ($1,578/mo), and Sleepy Hollow ($1,650/mo).
What salary do I need to afford rent in Palm Bay?
To comfortably afford rent in Palm Bay, you'd need to earn approximately $78,000/year, based on spending no more than 30% of your income on rent.
When is the best time of year to rent in Palm Bay?
Based on Zumper's July 2026 data, one-bedroom apartments in Palm Bay average around $1,510/month and two-bedrooms approximately $1,640/month. Both bedroom types have seen increases year over year, with one-bedrooms up 8.2% and two-bedrooms up 5.1%.
Methodology
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).