Bedroom count
Property type
Last updated on September 15, 2026
Last updated on September 15, 2026
Bedroom count
Property type
Median rent in Palm Bay
$1,917/mo
vs previous year
The average rent in Palm Bay is $1,917 per month as of September 2026. This is 1% above the national average rent, or $17 more per month.
average price per square foot
Available rentals in Palm Bay
304
for rent on Zumper.com as of September 2026
Share of Palm Bay rentals at each price point
Average rent prices in Palm Bay have remained the same over the last month and have decreased by 2% since last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Rent prices in Palm Bay vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Palm Bay is $1,499, whereas a house costs $1,999. 1-bedroom apartments in Palm Bay run $1,378 on average, while 2-bedroom apartments are $1,499.
Listings | ||||
|---|---|---|---|---|
Studio | $1,204 | 5% | 31% | |
1 bedroom | $1,200 | 4% | 11% | |
2 bedroom | $1,550 | 1% | 3% | |
3 bedroom | $1,900 | No Change | No Change | |
4 bedroom | $2,200 | No Change | 2% |
Listings | ||
|---|---|---|
Amberwood At Bayside Lakes | $2,081 | |
Brookside At Bayside Lakes | $2,115 | |
Courtyards At Sandy Pines Preserve | $1,499 | |
Fairway Crossings At Bayside Lakes | $1,997 | |
Forest Glen At Bayside Lakes | $2,075 | |
Palm Bay Colony | $1,706 | |
Palm Bay Estates Mobile Home Park | $2,195 | |
Parkside West | $2,217 | |
Port Malabar Country Club | $1,700 | |
Sleepy Hollow | $1,712 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,499 | 1% | No Change | |
Condos | $1,500 | 9% | No Change | |
Houses | $1,999 | No Change | No Change | |
Rooms | $878 | 6% | No Change |
Studio
Average rent
$1,204
Last 30 days
5%
Last year
31%
1 bedroom
Average rent
$1,200
Last 30 days
4%
Last year
11%
2 bedroom
Average rent
$1,550
Last 30 days
1%
Last year
3%
3 bedroom
Average rent
$1,900
Last 30 days
No Change
Last year
No Change
4 bedroom
Average rent
$2,200
Last 30 days
No Change
Last year
2%
Port Malabar Country Club
Average rent
$1,700
Palm Bay Estates Mobile Home Park
Average rent
$2,195
Fairway Crossings At Bayside Lakes
Average rent
$1,997
Palm Bay Colony
Average rent
$1,706
Parkside West
Average rent
$2,217
Brookside At Bayside Lakes
Average rent
$2,115
Forest Glen At Bayside Lakes
Average rent
$2,075
Amberwood At Bayside Lakes
Average rent
$2,081
Courtyards At Sandy Pines Preserve
Average rent
$1,499
Sleepy Hollow
Average rent
$1,712
Apartments
Average rent
$1,499
Last 30 days
1%
Condos
Average rent
$1,500
Last 30 days
9%
Houses
Average rent
$1,999
Last 30 days
No Change
Rooms
Average rent
$878
Last 30 days
6%
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.
Compare median rent prices in Palm Bay and Indialantic by all bedroom counts and property types.
Palm Bay
higher than the national median
higher than the national median
Takeaway
The median rent for all rentals in Palm Bay, FL is 32% lower than the median rent in Indialantic, FL.
Explore rent trends in neighboring markets
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Quick answers to common questions about the Palm Bay rental market.
The average rent in Palm Bay is $1,917 per month as of September 12, 2026.
Average rent prices in Palm Bay have remained the same over the last month and have decreased by 2% since last year.
Rent in Palm Bay is 1% above the national average, which means renters are paying approximately $17 more per month.
The most affordable neighborhoods in Palm Bay are Courtyards At Sandy Pines Preserve ($1,499/mo), Port Malabar Country Club ($1,700/mo), and Palm Bay Colony ($1,706/mo).
To comfortably afford rent in Palm Bay, you'd need to earn approximately $77,000/year, based on spending no more than 30% of your income on rent.
November and December offer the best rental deals in Palm Bay, with December seeing the lowest prices of the year. These months are about 5% cheaper than March, which has the highest rents, and November is the least competitive month with lower demand.
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).