Apartments for Rent in Palm Bay, FL under $1500
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1 bd $1,366+2 bd $1,481+Base rent4.5 (31)500 Malabar Road Southwest, Palm Bay, FL 32907Apply online • Pet friendly • Pool
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2 bd $1,457+Total monthly cost4.0 (11)100 Larch Cir NE, Palm Bay, FL 32905Apply online • Pet friendly • In unit laundry
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1 bd $1,361+Base rent84 San Filippo Drive S.E., Palm Bay, FL 32909Apply online • Pet friendly • Parking
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2 bd $1,429Base rent Income restricted154 Daffodil Drive SW, Palm Bay, FL 32908Apply online • Pet friendly • Fitness center
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Ask for pricing1200 HADLEY CIRCLE SE, PALM BAY, FL 32909Pet friendly • Fitness center • Dishwasher
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More Rentals Near Palm Bay, FL
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1 bd $1,490+Base rent4.5 (20)205 Valor DR. SE, Palm Bay, FL 32909Apply online • Pet friendly
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1 bd $330+2 bd $1,465+Total monthly cost7670 Greenboro Dr, Melbourne, FL 32904Apply online • Pet friendly • Air conditioner
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Studio $1,237+1 bd $1,449+2 bd $1,165+Total monthly cost333 Lake In The Woods Dr, Melbourne, FL 32901Apply online • Pet friendly • Parking
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1 bd $1,410+Base rent4.0 (7)4315 S. Babcock St., Melbourne, FL 32901Apply online • Pet friendly • Fitness center
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1 bd $1,075+2 bd $1,275+Base rent Income restricted4.0 (18)310 Fitness Circle, Melbourne, FL 32901Apply online • Pet friendly • Fitness center
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Studio $1,125+Base rent4455 W New Haven Avenue, Melbourne, FL 32904Apply online • Pet friendly • Fitness center
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2 bd $1,350Base rent Income restricted4.0 (15)2309 S. Babcock Street, Melbourne, FL 32901Apply online • In unit laundry • Large Closets
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1 bd $1,337+Base rent4.0 (49)1450 Tradition Circle, Melbourne, FL 32901Apply online • Pet friendly • Fitness center
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1 bd $1,300+Total monthly cost5.0 (11)4850 Heritage Lakes Blvd, West Melbourne, FL 32904Apply online • Pet friendly
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2 bd $1,2663 bd $1,464Base rent Income restricted3.5 (51)746 Madelyn Way, Melbourne, FL 32901Apply online • Pet friendly
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1 bd $1,225Base rent4.5 (1)1135 N Wickham Rd, Melbourne, FL 32935Apply online • Pet friendly • In unit laundry
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1 bd $1,2502 bd $1,375+Base rent Income restricted4.0 (7)2905 Kemblewick Drive, Melbourne, FL 32935Apply online • Pet friendly • Fitness center
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1 bd $1,0422 bd $1,2633 bd $1,466Base rent Income restricted4.5 (28)3040 Bennett Lane, Melbourne, FL 32935Apply online • Pet friendly
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1 bd $1,169+2 bd $1,395+Base rent4.0 (63)3320 Rivercrest Drive, Melbourne, FL 32935Apply online • Pet friendly • Fitness center
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Only 2 units left1 bd $1,2252 bd $1,200Base rent4.5 (10)651 Palm Drive, Satellite Beach, FL 32937Apply online -
Ask for pricing4.5 (7)248 East University Blvd. - Office, Melbourne, FL 32901Apply online • Pet friendly • Patio/Balcony
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Ask for PricingIncome restricted4.5 (4)615 East New Haven Ave., Melbourne, FL 32901Pet friendly • In unit laundry • Air conditioner
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Ask for PricingIncome restricted4.0 (2)650 E. Strawbridge Ave., Melbourne, FL 32901Pet friendly • In unit laundry • Air conditioner
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Ask for PricingIncome restricted4.5 (4)700 E. Strawbridge Ave., Melbourne, FL 32901Pet friendly • In unit laundry • Air conditioner
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2 bd $1,000Base rent700 Atlantis Road, Melbourne, FL 32904
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Frequently asked questions
When were prices and availability in Palm Bay, FL last updated?
Prices and availability in Palm Bay, FL were last updated on 14 Aug 2026.
What are the best apartments in Palm Bay, FL?
The best apartments in Palm Bay, FL are: THE PARK AT PALM BAY, Madalyn Landing, 10X Harbour Bay, Palm Breeze Apartments and Malabar Cove Apartments.
What type of rental buildings are in Palm Bay, FL?
In Palm Bay 20% of the housing is rented out compared to 80% of homes are owned, according to the most recent Census Bureau estimates. 7% of Palm Bay's apartments are found in large buildings of 50 units or more, 40% are located in smaller apartment complexes with less than 50 units, and 50% are single-family rentals.
Renting apartments in Palm Bay, FL under $1,500
Searching for apartments for rent in Palm Bay, FL under $1,500 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RentCafe can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away. In Palm Bay, FL, where the average rent is $1,479 per month, there are 145 units available for less than $1,500. Click on any of these units to see pictures, floor plans, amenities and more. After you have picked your favorite, you can contact the property to check availability. Considering that you are trying to spend as little as possible, looking at 1 bedroom apartments and studio apartments might be a good idea.
We’ll help you find the cheapest rental near you
Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $1,500” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Palm Bay, FL. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in Palm Bay, FL going for $330 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.