Average Rent in Palm Bay FL
6 apartment buildings, 9 units. Real prices pulled from each property's leasing system this morning.
Avg Rent
$1,915/mo
Cheapest
$1,614/mo
Properties
6
Units
9
Analysis
Rent Price Breakdown
Compare pricing across all 6 properties in Palm Bay FL.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Palm Bay FL Rent Prices
All 6 properties ranked by lowest available rent.
The Carlton of West Melbourne
4152 Merrillville Dr, West Melbourne, FL 32904, USA
Isla Apartments
1205 Jaslo St SE, Palm Bay, FL 32909, USA
Madalyn Landing
500 Malabar Rd SW, Palm Bay, FL 32908, USA
Magnolia at Palm Bay
1445 Sportsman Ln NE, Palm Bay, FL 32905, USA
Mode at Melbourne
145 Cinnamon Cove Dr, Melbourne, FL 32901, USA
Parasol Melbourne
4881 Dairy Rd, Melbourne, FL 32904, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | The Carlton of West Melbourne 4152 Merrillville Dr, West Melbourne, FL 32904, USA | $1,614 | $1,915 | $1.42 | 4.1 | 9 |
| 2 | Isla Apartments 1205 Jaslo St SE, Palm Bay, FL 32909, USA | -- | -- | -- | 4.5 | 0 |
| 3 | Madalyn Landing 500 Malabar Rd SW, Palm Bay, FL 32908, USA | -- | -- | -- | 4 | 0 |
| 4 | Magnolia at Palm Bay 1445 Sportsman Ln NE, Palm Bay, FL 32905, USA | -- | -- | -- | 4.4 | 0 |
| 5 | Mode at Melbourne 145 Cinnamon Cove Dr, Melbourne, FL 32901, USA | -- | -- | -- | 4.8 | 0 |
| 6 | Parasol Melbourne 4881 Dairy Rd, Melbourne, FL 32904, USA | -- | -- | -- | 4.5 | 0 |
Explore Each Property
The Carlton of West Melbourne
4.14152 Merrillville Dr, West Melbourne, FL 32904, USA
Isla Apartments
4.51205 Jaslo St SE, Palm Bay, FL 32909, USA
Madalyn Landing
4500 Malabar Rd SW, Palm Bay, FL 32908, USA
Magnolia at Palm Bay
4.41445 Sportsman Ln NE, Palm Bay, FL 32905, USA
Mode at Melbourne
4.8145 Cinnamon Cove Dr, Melbourne, FL 32901, USA
Parasol Melbourne
4.54881 Dairy Rd, Melbourne, FL 32904, USA
Palm Bay FL Average Rent Prices 2026
The average rent in Palm Bay FL is $1,915 per month, based on 9 units across 6 apartment communities. Prices range from $1,614 at The Carlton of West Melbourne to $1,614 at The Carlton of West Melbourne.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| 1 Bed | $1,614/mo | $1,614/mo | 1 |
| 2 Bed | $1,927/mo | $1,902/mo | 7 |
| 3 Bed | $2,131/mo | $2,131/mo | 1 |
Every price comes directly from each property's leasing system, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
What salary do I need to live comfortably in Palm Bay FL?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$77,000/year
30 percent rule -- using our average rent of $1,915/mo.
Comfortable income
$92,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,614/mo), you need to earn at least $65,000/year.
Cost of living in Palm Bay FL
We only have live rent data for Palm Bay FL so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,915 |
| Estimated total | $1,915/mo |
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures are refreshed annually.
Rent Trends in Palm Bay FL
Track how apartment prices are changing over time.
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