Apartments for Rent in Malabar, Brevard County, FL

Prices and availability in Malabar, Brevard County, FL were last updated on 14 May 2026.

The best apartments in Malabar, Brevard County, FL are: 674 Tobias St SE Palm Bay, FL 32909, 2288 Santa Maria Avenue Palm Bay, FL 32909, Westshore Palm Bay, 785 Coconut Street Palm Bay, FL 32909 and 541 Bird Avenue Palm Bay, FL 32909.

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 $1,049 and $2,221.

The price range for a 2-bedroom apartment in Malabar, Brevard County, FL is between $1,258 and $2,431.

The price range for a 3-bedroom apartment in Malabar, Brevard County, FL is between $1,100 and $4,000.

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.

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.