Apartments for Rent in Malabar, Brevard County, FL

Prices and availability in Malabar, Brevard County, FL were last updated on 23 Oct 2026.

The best apartments in Malabar, Brevard County, FL are: Madalyn Landing, Westshore Palm Bay, Aqua Palm Bay, 10X Harbour Bay and Eastshore Palm 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 $1,150 and $2,210.

The price range for a 2-bedroom apartment in Malabar, Brevard County, FL is between $1,429 and $2,933.

The price range for a 3-bedroom apartment in Malabar, Brevard County, FL is between $1,529 and $3,150.

In Malabar 18% of the housing is rented out compared to 82% of homes are owned, according to the most recent Census Bureau estimates. 6% of Malabar's apartments are found in large buildings of 50 units or more, 41% are located in smaller apartment complexes with less than 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.

Rental apartments in Malabar come in a range of sizes and floorplans. Studio apartments represent 2% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 38% of the total apartments in the city, while 2-bedroom floorplans represent around 48% of all rentals in Malabar. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.