Bedroom count
Property type
Last updated on October 30, 2026
Average rent in
Palm Bay, FL
Average rent in
Last updated on October 30, 2026
Bedroom count
Property type
Key takeaways for renters
Where Palm Bay rent stands today
Palm Bay, FL rent is essentially flat year over year, with a current median of $1,900/month. Month over month, rents climbed 3.1%, showing recent upward movement after a period of slight decline.
Compared to national trends
Palm Bay's median rent of $1,900/month matches the national median exactly. With 278 total rentals, Palm Bay offers a smaller inventory compared to larger metropolitan areas, positioning it as a mid-tier market for renters.
Price ranges
Studios rent for about $1,227/month, 1-bedrooms around $1,300/month, and 2-bedrooms at $1,570/month. Larger units include 3-bedrooms at $1,898/month and 4+ bedrooms at $2,245/month. Most rentals are houses with a median rent of $2,000/month, while apartments rent lower at $1,676/month.
Median rent
Median rent in Palm Bay
$1,900/mo
vs previous year
The average rent in Palm Bay is $1,900 per month as of October 2026. This is about the same as the national average rent.
average price per square foot
Total rentals
Available rentals in Palm Bay
278
for rent on Zumper.com as of October 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 increased by 3% over the last month and have remained the same 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 $1,675, whereas a house costs $2,000. 1-bedroom apartments in Palm Bay run $1,492 on average, while 2-bedroom apartments are $1,565.
Listings | ||||
|---|---|---|---|---|
Studio | $1,227 |  5% |  2% | |
1 bedroom | $1,300 | 3% | 4% | |
2 bedroom | $1,570 | No Change | 2% | |
3 bedroom | $1,898 | 2% | No Change | |
4 bedroom | $2,245 | 2% | 7% |
Listings | ||
|---|---|---|
Amberwood At Bayside Lakes | $1,937 | |
Forest Glen At Bayside Lakes | $2,050 | |
Greenwood Plantation | $1,896 | |
Monterey Cove At Bayside Lakes | $2,150 | |
Palm Bay Colony | $1,731 | |
Palm Bay Estates Mobile Home Park | $1,650 | |
Parkside West | $2,000 | |
Port Malabar Country Club | $1,600 | |
Sleepy Hollow | $1,673 | |
Turkey Creek | $1,829 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,675 | 1% | 1% | |
Condos | $1,492 | 12% | 1% | |
Houses | $2,000 | 2% | No Change | |
Rooms | $889 | 7% | 1% |
Studio
Average rent
$1,227
Last 30 days
5%
Last year
2%
1 bedroom
Average rent
$1,300
Last 30 days
3%
Last year
4%
2 bedroom
Average rent
$1,570
Last year
2%
3 bedroom
Average rent
$1,898
Last 30 days
2%
Last year
No Change
4 bedroom
Average rent
$2,245
Last 30 days
2%
Last year
7%
Port Malabar Country Club
Average rent
$1,600
Parkside West
Average rent
$2,000
Amberwood At Bayside Lakes
Average rent
$1,937
Palm Bay Estates Mobile Home Park
Average rent
$1,650
Forest Glen At Bayside Lakes
Average rent
$2,050
Turkey Creek
Average rent
$1,829
Palm Bay Colony
Average rent
$1,731
Sleepy Hollow
Average rent
$1,673
Greenwood Plantation
Average rent
$1,896
Monterey Cove At Bayside Lakes
Average rent
$2,150
Apartments
Average rent
$1,675
Last 30 days
1%
Last year
1%
Condos
Average rent
$1,492
Last 30 days
12%
Last year
1%
Houses
Average rent
$2,000
Last 30 days
2%
Last year
No Change
Rooms
Average rent
$889
Last 30 days
7%
Last year
1%
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
Equal to the the national median
46%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.
Average rent in nearby cities
Explore rent trends in neighboring markets
$2,780
4%$2,600
$5,000
25%$3,125
12%$1,850
4%$2,100
33%$3,000
3%$2,200
4%$2,400
14%$2,472
1%$2,351
10%$1,916
10%Discover rentals in Palm Bay, FL
3d ago
Apartment for rent in Palm Bay
2107 Washington St Ne #A, Palm Bay, FL 32905
2 beds
1 bath
$1,080
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
Available Oct 26
5d+ ago
Condo for rent in Palm Bay
2 beds
1 bath
$1,245
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Condo for rent
5d+ ago
Apartment for rent in Palm Bay
2238 Washington St Ne #B, Palm Bay, FL 32905
2 beds
1 bath
$1,250
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
Available Sep 21
5d+ ago
Townhouse for rent in Palm Bay
1300 Arlington Ln Ne #102, Palm Bay, FL 32905
2 beds
2.5 baths
$1,250
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.House for rent
5d+ ago
House for rent in Palm Bay
4 beds
2 baths
$3,000
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.House for rent
Available Sep 15
5d+ ago
House for rent in Palm Bay
275 Krefeld Rd Nw #NA, Palm Bay, FL 32907
4 beds
2.5 baths
$2,900
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.House for rent
Available Feb 12
5d+ ago
House for rent in Palm Bay
600 Delmonico St Ne, Palm Bay, FL 32907
4 beds
2 baths
$2,900
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.House for rent
5d+ ago
Condo for rent in Palm Bay
5011 Dixie Hwy Ne #A412, Palm Bay, FL 32905
2 beds
2 baths
$2,800
Price dropped $150Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Condo for rent
4h ago
Verified
2331 Commerce Park Dr Ne, Palm Bay, FL 32905
1–3 beds
1–2 baths
$1,360–$2,561
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
1d ago
Verified
2155 Robert J Conlan Blvd Ne, Palm Bay, FL 32905
1–3 beds
1–2 baths
$1,409–$2,037
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
1d ago
Verified
2361 Commerce Park Dr Ne, Palm Bay, FL 32905
1–3 beds
1–2 baths
$1,450–$2,500
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
5d+ ago
House for rent in Palm Bay
3 beds
2 baths
$2,318
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.House for rent
1d ago
Verified
3 beds
2 baths
$1,750
Price dropped $950Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.House for rent
Available Oct 10
5d+ ago
Verified
3 beds
2 baths
$1,755
Price dropped $125Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.House for rent
Available Oct 14
5d+ ago
Verified
3 beds
2 baths
$1,925
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.House for rent
Available Dec 23
5d+ ago
Verified
3 beds
2 baths
$1,695
Price dropped $100Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.House for rent
Available Dec 10
4h ago
Verified
2331 Commerce Park Dr Ne, Palm Bay, FL 32905
1–3 beds
1–2 baths
$1,360–$2,561
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
1d ago
Verified
2155 Robert J Conlan Blvd Ne, Palm Bay, FL 32905
1–3 beds
1–2 baths
$1,409–$2,037
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
1d ago
Verified
2361 Commerce Park Dr Ne, Palm Bay, FL 32905
1–3 beds
1–2 baths
$1,450–$2,500
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
1d ago
Verified
3 beds
2 baths
$1,750
Price dropped $950Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.House for rent
Available Oct 10
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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 $1,900 per month as of October 24, 2026.
Is rent up or down in Palm Bay?
Average rent prices in Palm Bay have increased by 3% over the last month and have remained the same since last year.
How does Palm Bay rent compare to the national average?
Rent in Palm Bay is roughly the same as the national average.
Which neighborhoods are most affordable in Palm Bay?
The most affordable neighborhoods in Palm Bay are Port Malabar Country Club ($1,600/mo), Palm Bay Estates Mobile Home Park ($1,650/mo), and Sleepy Hollow ($1,673/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 $76,000/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?
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.
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).