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3 Bedroom Apartments for Rent in Palm Bay, FL
67 Rentals Available

Look for 3 bedroom apartments near me

Are you looking to upgrade to a larger apartment? Are there certain requirements that you and your family need to be able to find the perfect apartment? Browse 3 bedroom apartments near you on RentCafe to find the one that fits your family. Filter by size, price, and amenities both inside and outside the apartment, and check reviews by verified residents, to make sure you are choosing the apartment that is perfect for you and your family.

Browse for 3 bedroom apartments near you, whether you want to stay in the same neighborhood or ZIP code, or in any city in the U.S. that you plan on moving to. We can help you find the one that is near all the essential places, such as stores, parks, schools and even your job, at the price that suits your budget. Your next home is waiting, let's find it!

Frequently Asked Questions

What is the price of a 3 bedroom apartment in Palm Bay, FL?

The price range of a 3 bedroom apartment is between $1,489 and $2,908. Search 3 bedroom apartments in Palm Bay, FL.

How many 3 bedroom apartments for rent are available in Palm Bay, FL on RentCafe?

There are 67 3 bedroom rentals available on RentCafe. Prices and availability in Palm Bay, FL were last updated on 28 May 2022.

What is the average size of a 3 bedroom apartment in Palm Bay, FL?

The average Palm Bay, FL 3 bedroom apartment size is 1,485 sq. ft.

What are the advantages of renting a 3 bedroom apartment in Palm Bay, FL?

Renting a 3 bedroom apartment offers extra space compared to a 2 bedroom apartment, suited for a family or for sharing it with someone else.

What are the downsides of renting a 3 bedroom apartment in Palm Bay, FL?

A 3 bedroom apartment is more expensive than smaller units and it usually comes with higher utility costs. You might be interested in studio apartments, 1 bedroom apartments or 2 bedroom apartments, or browse all RentCafe apartments for rent in Palm Bay, FL.

Palm Bay, FL Demographics

  • Total Population113,751
  • Female 55,950
    Male 57,801
  • Median Age40.6

A total population of 113,751 lives in Palm Bay, FL, according to data published by the U.S. Census Bureau. Population statistics show that 57,801 of Malabar’s residents are women and 55,950 are men. The median age of the population in Palm Bay, FL is 40.6.

Average Rent in Palm Bay, FL

  • Palm Bay, FL Average Rental Price, April 2022 $1,408 /mo

Apartments for rent in Palm Bay, FL have an average price of $1,408 per month.

Palm Bay, FL Apartment Rent Ranges

About 35% of apartments in Palm Bay, FL have rents ranging between $1,501-$2,000. The second most common rent range is over > $2,000, 3% of apartments. Around 53% of Malabar’s apartments are in the $1,001-$1,500 price range. 10% of apartments are priced between $701-$1,000.

Palm Bay, FL Rent Trends

Average Rent Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Nov / 2020 Mar / 2021 Jul / 2021 Nov / 2021 Apr / 2022
Palm Bay, FL $1,001 $1,064 $1,023 $1,088 $1,091 $1,132 $1,147 $1,214 $1,331 $1,408
National $1,367 $1,399 $1,407 $1,409 $1,399 $1,403 $1,412 $1,495 $1,591 $1,628

Compared to the average rent in the U.S. of $1,628, the rent in Palm Bay, FL is $1,408 per month.

Palm Bay, FL Households

  • Total Number of Households39,109
  • Family 26,872
    Non-family 12,237
  • Children 11,833
    No Children 27,276
  • Average People Per Household2.9
  • Median Household Income$52,435
  • Median Housing Costs Per Month$958

According to the U.S. Census, there are 39,109 households in Palm Bay, FL. The Census estimates also show that 26,872 are family households and 12,237 are non-family households. Moreover, Malabar has 11,833 households with children in Malabar and 27,276 households without children. On average, about 2.9 people constitute a household in Palm Bay, FL. The median income of a Malabar household living in Malabar is $52,435 per year. The housing costs per month are estimated around $958.

Palm Bay, FL Education Statistics

According to U.S. Census Bureau estimates, the share of residents in Palm Bay, FL that have no high school education is 3%, and the share of those who went to high school is 37%. 31% of residents have some college education, 12% have an Associate Degree, while 11% have a Bachelor Degree, and a share of 6% have a Graduate Degree.

Renting a 3 bedroom apartment in Palm Bay, FL

With 67 apartments in Palm Bay, FL, it can be hard finding just the right 3 bedroom apartment. Before you even start thinking about size, price and features, you have to choose a neighborhood. And that’s no easy task, considering that, depending on the area, you get a wide range of rentals in Palm Bay, FL, from very cheap to very expensive. Palm Bay is the most expensive neighborhood of Palm Bay, FL with rents as high as $2,919, while in more affordable areas like Palm Bay the monthly rent can be as low as $1,400. Then you also have to factor in the distance to work, kindergarten and/or school. It’s an important decision, as most likely you’re going to spend the next couple of years in this apartment with your family. You are not just searching for an apartment to live in, you’re searching for a home. The internet is supposed to help, but it only confuses you further with redundant lists of things you should pay attention to. We know the feeling very well. Let us give you just one piece of advice: take the rational path and get your priorities right. The only person who knows what type of apartment you need is you. Create a mental or written list of things you absolutely cannot live without, filter accordingly. If a balcony or a garage is absolutely crucial, then head on to the filters section and check the ones you want. This way you will save time by skipping the apartments that don’t meet your criteria.

Is choosing a cheap apartment worth it?

There are certainly plenty of options among our 67 available units in Palm Bay, FL if you’re considering also cheap 3 bedroom apartments. But are they worth considering? Certainly. Yet, you should not get carried away with very low prices, as your decision is not affecting only you. Most probably you’re moving with a family, and for the next few years this will be the place where your children will create memories. Good or bad. Remember how much you hated staying between four walls when you were a kid? Are there any playgrounds or parks around? Neighborhood amenities are important too. Cheap apartments in Palm Bay, FL have low prices mostly because of their location. Take into account your morning commute. With children morning commutes are quite long anyway, so moving to that amazing apartment in Palm Bay can quickly become a drag if it’s on the opposite end of town than your job or the oldest one’s school. That being said, cheap apartments can be really good deals, but not at any price.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!