Apartments for Rent in Malabar, Brevard County, FL

Prices and availability in Malabar, Brevard County, FL were last updated on 2 Aug 2026.

The best apartments in Malabar, Brevard County, FL are: Westshore Palm Bay, Eastshore Palm Bay, Aqua Palm Bay, The Monroe on Monterey and Cypress Bay.

The average rent in Malabar, Brevard County, FL is $1,545.

The price range for a 1-bedroom apartment in Malabar, Brevard County, FL is between $1,237 and $2,095.

The price range for a 2-bedroom apartment in Malabar, Brevard County, FL is between $1,257 and $2,588.

The price range for a 3-bedroom apartment in Malabar, Brevard County, FL is between $1,440 and $2,495.

In Malabar, 18% of the residents are renting compared to 82% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 6% of Malabar's rentals, 41% are small-scale complexes with under 50 units, and 47% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Malabar are about 27 years old, on average. Of these, 39% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Studio apartments in Malabar are around 2% of rentals, while 1-bedroom floor plans represent 38% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 48% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.