Bedroom count
Property type
Last updated on June 15, 2026
Average rent in
Palm Bay, FL
Average rent in
Last updated on June 15, 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 $1,970/month. Renters are paying about the same as last year, with a slight month-to-month decline of 0.5%.
Compared to national trends
Palm Bay, FL sits 1.0% more expensive than the $1,950/month national median, with a total of 275 rentals available, positioning it as a market close to the national average in price.
Price ranges
Studios in Palm Bay rent for a median of $1,301/month, with 1-bedrooms at $1,245/month, 2-bedrooms at $1,500/month, 3-bedrooms at $1,942/month, and 4+ bedrooms at $2,199/month. This range reflects the variation by bedroom count across the city.
Median rent
Median rent in Palm Bay
$1,970/mo
1%vs previous year
The average rent in Palm Bay is $1,970 per month as of June 2026. This is 1% above the national average rent, or $20 more per month.
average price per square foot
Total rentals
Available rentals in Palm Bay
275
for rent on Zumper.com as of June 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 decreased by 1% over the last month and have decreased by 1% 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 $1,447 on average, while 2-bedroom apartments are $1,507.
Listings | ||||
|---|---|---|---|---|
Studio | $1,301 | 1% | 12% | |
1 bedroom | $1,245 | 3% | 7% | |
2 bedroom | $1,500 | 1% | 3% | |
3 bedroom | $1,942 | 1% | No Change | |
4 bedroom | $2,199 | No Change |  1% |
Listings | ||
|---|---|---|
Brookside At Bayside Lakes | $2,200 | |
Fairview | $1,595 | |
Fairway Crossings At Bayside Lakes | $2,200 | |
Forest Glen At Bayside Lakes | $2,095 | |
Greenwood Plantation | $2,195 | |
Palm Bay Colony | $1,676 | |
Palm Bay Estates Mobile Home Park | $1,800 | |
Port Malabar Country Club | $1,725 | |
Sleepy Hollow | $1,820 | |
Wellington At Bayside Lakes | $2,250 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,675 | 1% | No Change | |
Condos | $1,450 | 1% | No Change | |
Houses | $2,000 | 1% | No Change | |
Rooms | $833 | 11% | No Change |
Studio
Average rent
$1,301
Last 30 days
1%
Last year
12%
1 bedroom
Average rent
$1,245
Last 30 days
3%
Last year
7%
2 bedroom
Average rent
$1,500
Last 30 days
1%
Last year
3%
3 bedroom
Average rent
$1,942
Last 30 days
1%
Last year
No Change
4 bedroom
Average rent
$2,199
Last 30 days
No Change
Last year
1%
Port Malabar Country Club
Average rent
$1,725
Wellington At Bayside Lakes
Average rent
$2,250
Palm Bay Colony
Average rent
$1,676
Sleepy Hollow
Average rent
$1,820
Palm Bay Estates Mobile Home Park
Average rent
$1,800
Fairview
Average rent
$1,595
Fairway Crossings At Bayside Lakes
Average rent
$2,200
Forest Glen At Bayside Lakes
Average rent
$2,095
Brookside At Bayside Lakes
Average rent
$2,200
Greenwood Plantation
Average rent
$2,195
Apartments
Average rent
$1,675
Last 30 days
1%
Condos
Average rent
$1,450
Last 30 days
1%
Houses
Average rent
$2,000
Last 30 days
1%
Rooms
Average rent
$833
Last 30 days
11%
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
27%higher than the national median
Takeaway
The median rent for all rentals in Palm Bay, FL is 20% lower than the median rent in Indialantic, FL.
Average rent in nearby cities
Explore rent trends in neighboring markets
$2,470
10%$2,975
31%$4,700
$3,700
20%$1,818
7%$1,675
8%$3,150
13%$2,095
13%$2,475
27%$2,475
12%$2,475
7%$2,300
3%Discover rentals in Palm Bay, FL
5d+ ago
House for rent in Palm Bay
2 beds
1 bath
$1,000
House for rent
5d+ ago
House for rent in Palm Bay
1924 Sugarberry Ct Ne, Palm Bay, FL 32905
3 beds
2 baths
$1,600
House for rent
5d+ ago
Port Malabar Country Club townhouse for rent in Palm Bay
1495 Malibu Cir Ne, Palm Bay, FL 32905
3 beds
2 baths
$1,600
House for rent
2d ago
Verified
1025 Saint Johns St Se, Palm Bay, FL 32909
3 beds
2 baths
$1,740
$1,645
Price drop
House for rent
Available May 8
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
House for rent in Palm Bay
4 beds
2.5 baths
$3,000
House for rent
Available May 23
5d+ ago
Verified
4 beds
2.5 baths
$2,810
House for rent
Available Aug 5
5d+ ago
House for rent in Palm Bay
2701 Pinwherry St Nw #NA, Palm Bay, FL 32907
4 beds
2.5 baths
$2,800
House for rent
Available Jun 1
8h ago
Verified
2361 Commerce Park Dr Ne, Palm Bay, FL 32905
1–3 beds
1–2 baths
$1,440–$2,450
Apartment for rent
1d ago
Verified
2331 Commerce Park Dr Ne, Palm Bay, FL 32905
1–3 beds
1–2 baths
$1,447–$2,510
Apartment for rent
5d+ ago
1701 Forest Knoll Dr Ne, Palm Bay, FL 32905
2–3 beds
2 baths
$1,499–$2,050
Apartment for rent
2d ago
Verified
4 beds
3 baths
$2,165
House for rent
Available Aug 11
4d ago
Verified
3 beds
2 baths
$1,980
$1,790
Price drop
House for rent
Available May 21
4d ago
Verified
4 beds
2 baths
$2,385
$1,940
Price drop
House for rent
Available Jun 11
4d ago
Verified
3 beds
2 baths
$1,905
$1,735
Price drop
House for rent
Available Jun 29
1d ago
Verified
2331 Commerce Park Dr Ne, Palm Bay, FL 32905
1–3 beds
1–2 baths
$1,447–$2,510
Apartment for rent
5d+ ago
484 Mercury Ave Se, Palm Bay, FL 32909
2 beds
1 bath
$1,299–$1,590
Price drop
Apartment for rent
1d ago
Verified
84 San Filippo Dr Se, Palm Bay, FL 32909
1–2 beds
1–2 baths
$1,745–$2,079
Apartment for rent
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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 $1,970 per month as of June 13, 2026.
Is rent up or down in Palm Bay?
Average rent prices in Palm Bay have decreased by 1% over the last month and have decreased by 1% 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 $20 more per month.
Which neighborhoods are most affordable in Palm Bay?
The most affordable neighborhoods in Palm Bay are Fairview ($1,595/mo), Palm Bay Colony ($1,676/mo), and Port Malabar Country Club ($1,725/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 $79,000/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?
Palm Bay, Florida rental prices in 2025 show one-bedroom apartments averaging around $1,400 per month, while two-bedroom units average around $1,600 monthly. These figures reflect the current market conditions across the city's diverse rental inventory.
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).