Average Rent in Palm Bay-Melbourne-Titusville, FL and Rent Price Trends

Rent trends in Palm Bay-Melbourne-Titusville, FL

Average rent prices in Palm Bay Melbourne Titusville have remained the same 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-Melbourne-Titusville, FL

Rent prices in Palm Bay Melbourne Titusville vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Palm Bay Melbourne Titusville is $1,670, whereas a house costs $2,395. 1-bedroom apartments in Palm Bay Melbourne Titusville run $1,520 on average, while 2-bedroom apartments are $1,545.


Studio	$1,100	2%	-
1 bedroom	$1,230	3%	27%
2 bedroom	$1,850	No Change	12%
3 bedroom	$2,900	8%	9%
4 bedroom	$2,300	22%	46%

		Listings
Amecricana Resorts Co Op	$2,075
Baytree	$2,165
Indian Landing	$1,850
New Melbourne Beach	$1,699
Ocean River Estates	$1,800
Sawgrass At Suntree	$2,850
South Sea Village	$1,800
Sunrise	$2,209
Sunset Lakes	$1,200
Suntree	$2,269


Apartments	$1,670	27%	No Change
Condos	$2,625	18%	-
Houses	$2,395	3%	No Change
Rooms	$965	No Change	-

Studio

Average rent

$1,100

Last 30 days

1 bedroom

Average rent

$1,230

Last 30 days

Last year

27%

2 bedroom

Average rent

$1,850

Last 30 days

No Change

Last year

12%

3 bedroom

Average rent

$2,900

Last 30 days

Last year

4 bedroom

Average rent

$2,300

Last 30 days

22%

Last year

46%

The table above reflects average rent prices in Palm Bay-Melbourne-Titusville, 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 Melbourne Titusville, FL compare to other cities?

Compare median rent prices in Palm Bay Melbourne Titusville and Cape Canaveral by all bedroom counts and property types.

Palm Bay Melbourne Titusville

Median rent price$2,377

22%

higher than the national median

Median rent price$2,000

higher than the national median

Takeaway

The median rent for all rentals in Palm Bay Melbourne Titusville, FL is 19% higher than the median rent in Cape Canaveral, FL.

Average rent in nearby cities

Explore rent trends in neighboring markets

$2,000

$2,600

$1,620

$2,875

$3,225

$1,800

$2,400

$2,042

$1,950

$2,795

$1,425

$2,109

Discover rentals in Palm Bay-Melbourne-Titusville, FL

Rent special

1d ago

9.3

Excellent

Verified

Lakes at Suntree

201 Plantation Club Dr, Palm Bay-Melbourne-Titusville, FL 32940

1–3 beds

1–2 baths

$1,525–$2,615

Price drop

Apartment for rent

Call

5d+ ago

Suntree Center condo for rent in Palm Bay-Melbourne-Titusville

7667 N Wickham Rd #710, Palm Bay-Melbourne-Titusville, FL 32940

2 beds

2 baths

$1,750

Condo for rent

5d+ ago

Suntree house for rent in Palm Bay-Melbourne-Titusville

640 Casa Grande Drive - 1

640 Casa Grande Dr #1, Palm Bay-Melbourne-Titusville, FL 32940

3 beds

2 baths

$2,049

House for rent

Available Jun 16

5d+ ago

Verified

225 Bayhead Dr, Palm Bay-Melbourne-Titusville, FL 32940

3 beds

2 baths

$2,165

House for rent

Available Jul 30

1d ago

Sunrise house for rent in Palm Bay-Melbourne-Titusville

SINGLE_FAMILY - Ranch - Melbourne, FL

6130 Meghan Dr, Palm Bay-Melbourne-Titusville, FL 32940

4 beds

2 baths

$2,750

$2,650

Price drop

House for rent

5d+ ago

Sunset Lakes house for rent in Palm Bay-Melbourne-Titusville

SINGLE_FAMILY - Merritt Island, FL

3800 Sunbeam Ct, Palm Bay-Melbourne-Titusville, FL 32953

4 beds

2 baths

$3,400

House for rent

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Frequently asked questions for Palm Bay-Melbourne-Titusville, FL

Quick answers to common questions about the Palm Bay Melbourne Titusville rental market.

How much is rent in Palm Bay Melbourne Titusville?

The average rent in Palm Bay Melbourne Titusville is $2,377 per month as of July 18, 2026.

Is rent up or down in Palm Bay Melbourne Titusville?

Average rent prices in Palm Bay Melbourne Titusville have remained the same over the last month and have decreased by 1% since last year.

How does Palm Bay Melbourne Titusville rent compare to the national average?

Rent in Palm Bay Melbourne Titusville is 22% above the national average, which means renters are paying approximately $432 more per month.

Which neighborhoods are most affordable in Palm Bay Melbourne Titusville?

The most affordable neighborhoods in Palm Bay Melbourne Titusville are Sunset Lakes ($1,200/mo), New Melbourne Beach ($1,699/mo), and South Sea Village ($1,800/mo).

What salary do I need to afford rent in Palm Bay Melbourne Titusville?

To comfortably afford rent in Palm Bay Melbourne Titusville, you'd need to earn approximately $95,000/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 Melbourne Titusville?

Based on Zumper's July 2026 data, one-bedroom apartments in Palm Bay-Melbourne-Titusville average around $1,510/month and two-bedrooms approximately $1,960/month. Both bedroom types have seen growth year over year, with one-bedrooms up 6.0% and two-bedrooms up 2.0%.

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).