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Apartments for Rent in Palm Bay FL

1,659 Rentals Available

Explore Rent Prices Near Palm Bay, FL

Palm Bay, FL’s average rent price is $1,725 per month. Compare rent prices and available listings in nearby cities to find better value or more options that fit your budget.

Average Rent
West Melbourne $1,418
Melbourne $1,749
Melbourne Beach $2,400
Indialantic $2,150
Indian Harbour Beach $1,567

Average Monthly Rent is calculated using the average rent of active one-bedroom apartment listings.

Palm Bay, FL Apartments for Rent

Palm Bay, Florida combines suburban living with natural beauty along the Space Coast. Nestled where Turkey Creek meets the Indian River, this growing city features established neighborhoods and newer developments. The northeastern section includes the historic district, while residential areas extend westward beyond Interstate 95. One-bedroom apartments average $878, with two-bedroom units around $1,152.

The Turkey Creek Sanctuary offers walking trails and wildlife viewing opportunities, providing a peaceful retreat within the city limits. Fred Poppe Regional Park serves as a central recreation destination with sports facilities and community amenities. Palm Bay's technology sector continues to expand, with L3Harris Technologies among the major employers in the area. The city balances residential growth with environmental conservation, maintaining numerous community parks throughout its neighborhoods. Local history buffs might appreciate knowing that the area's early development centered around Tillman's Wharf, an important agricultural shipping point on the Indian River during the 1870s.

Learn more about living in Palm Bay, FL

Palm Bay, FL Rental Insights

The average rent in Palm Bay, FL is $1,401 per month. By comparison, renters across the U.S. pay an average of $1,632, which means housing in Palm Bay, FL is slightly less expensive than much of the country.

Find affordable apartments for rent in Palm Bay, FL by browsing listings in budget-friendly neighborhoods such as Driskell Heights, The Shire, and Palm Bay Colony. Use filters by price, number of bedrooms, and amenities to narrow your search.

The most popular ZIP codes for renters in Palm Bay, FL are 32909, 32907, 32908, and 32905.

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