Last updated on October 16, 2026

Average rent in
Palm Bay, Upper Grand Lagoon, FL

Median rent

Median rent in Palm Bay

$1,795/mo

The average rent in Palm Bay is $1,795 per month as of October 2026. This is 6% below the national average rent, or $105 less per month.

$1.50

average price per square foot

Total rentals

Available rentals in Palm Bay

24

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Palm Bay rentals at each price point

45%34%23%11%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Palm Bay, Upper Grand Lagoon, FL

Average rent prices in Palm Bay have remained the same over the last month.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Palm Bay, Upper Grand Lagoon, FL

Rent prices in Palm Bay vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Palm Bay is $1,547, whereas a house costs $2,000. 1-bedroom apartments in Palm Bay run $1,337 on average, while 2-bedroom apartments are $1,664.

Listings

Studio

$1,000

-

-

1 bedroom

$1,406

-

28%

2 bedroom

$1,700

-

-

3 bedroom

$2,000

2%

-

4 bedroom

$3,300

-

-

Studio

Average rent

$1,000

1 bedroom

Average rent

$1,406

Last year

28%

2 bedroom

Average rent

$1,700

3 bedroom

Average rent

$2,000

Last 30 days

2%

4 bedroom

Average rent

$3,300

The table above reflects average rent prices in Palm Bay, Upper Grand Lagoon, 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, Upper Grand Lagoon, FL compare to other neighborhoods?

Compare median rent prices in Palm Bay and Baker by all bedroom counts and property types.

Palm Bay

Median rent price$1,795
decreased by6%

lower than the national median

Median rent price$1,995
increased by5%

higher than the national median

Takeaway

The median rent for all rentals in Palm Bay, Upper Grand Lagoon, FL is 10% lower than the median rent in Baker, Crestview, FL.

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Palm Bay, Upper Grand Lagoon, 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 $1,795 per month as of October 10, 2026.

Is rent up or down in Palm Bay?

Average rent prices in Palm Bay have remained the same over the last month.

How does Palm Bay rent compare to the national average?

Rent in Palm Bay is 6% below the national average, which means renters are paying approximately $105 less per month.

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

To comfortably afford rent in Palm Bay, you'd need to earn approximately $72,000/year, based on spending no more than 30% of your income on rent.

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).

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