Palm Bay, FL Rental Market Trends
What is the average rent in Palm Bay?
The average rent for an apartment in Palm Bay is $1,549. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Palm Bay, FL
Last updated July 2024
| Average Rent | Average Apartment Size |
|---|---|
| $1,549 | 922 sq. ft. |
What is the average apartment size in Palm Bay?
The average size for a Palm Bay, FL apartment is 922 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Palm Bay, FL apartment rent ranges
Palm Bay, FL Occupied Housing Units
8,611 or 20% of the households in Palm Bay, FL are renter-occupied while 34,254 or 80% are owner-occupied.
Palm Bay, FL rent trends
Average Rent in Palm Bay, FL By Neighborhood
| City | Average Rent |
|---|---|
| Grant-Valkaria | $1,817 |
| St Sebastian | $1,817 |
/
Palm Bay | Rent Comparison by Neighborhood
Rent in Grant-Valkaria is the same as in St Sebastian
$1,817
Grant-Valkaria rent is 17% higher than Palm Bay average
Average Rent
$1,817
$1,817
St Sebastian rent is 17% higher than Palm Bay average
Average Rent
$1,817
How Palm Bay Compares to Other Cities
| State | Average Rent |
|---|---|
| Jacksonville | $1,498 |
| Tampa | $1,931 |
| Miami | $2,570 |
| Kissimmee | $1,803 |
| Orlando | $1,915 |
| Cape Coral | $1,960 |
| Lakeland | $1,518 |
| Fort Myers | $1,919 |
| Gainesville | $1,705 |
| Fort Lauderdale | $2,705 |
| Port St. Lucie | $1,947 |
| Saint Cloud | $1,886 |
| Palm Bay | $1,549 |
| Fort Pierce | $1,598 |
| Cocoa | $1,724 |
| Haines City | $1,408 |
| Lake Wales | $1,369 |
| Oviedo | $2,289 |
| Rockledge | $1,773 |
| West Melbourne | $1,778 |
| Jensen Beach | $2,061 |
What is the average price for a storage unit in Palm Bay?
The average rent for a non-climate-controlled 10'x10' storage unit in Palm Bay is $148.71. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
Most Popular Apartments in Palm Bay
Ascent Of Palm Bay
3350 Wedgewood Rd NE, Palm Bay, FL 32905| 1 BED | $1,453+ |
| 2 BEDS | $1,347+ |
| 3 BEDS | $1,820+ |
.jpg?width=480&quality=90)
Madalyn Landing
500 Malabar Road Southwest, Palm Bay, FL 32907| 1 BED | $1,290+ |
| 2 BEDS | $1,515+ |
| 3 BEDS | $1,815+ |
10X Harbour Bay
100 Larch Cir NE, Palm Bay, FL 32905| 1 BED | $1,410+ |
| 2 BEDS | $1,575+ |
.jpg?width=480&quality=90)
Malabar Lakes Apartments
1018 Malabar Lakes Dr NE, Palm Bay, FL 32905| 1 BED | $1,348+ |
| 2 BEDS | $1,473+ |