Palm Bay, FL Rental Market Trends
What is the average rent in Palm Bay?
The average rent for an apartment in Palm Bay is $1,537. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Palm Bay, FL
Average Rent | Average Apartment Size |
---|---|
$1,537 | 930 sq. ft. |
What is the average apartment size in Palm Bay?
The average size for a Palm Bay, FL apartment is 930 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
9,100 or 22% of the households in Palm Bay, FL are renter-occupied while 32,800 or 78% are owner-occupied.
Palm Bay, FL rent trends

Average Rent in Palm Bay, FL By Neighborhood
Neighborhood | Average Rent |
---|---|
Grant-Valkaria | $1,891 |
St Sebastian | $1,891 |
Palm Bay | Rent Comparison by Neighborhood
Rent in Grant-Valkaria is the same as in St Sebastian
Grant-Valkaria rent is 23% higher than Palm Bay average
Average Rent | $1,891 |
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St Sebastian rent is 23% higher than Palm Bay average
Average Rent | $1,891 |
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How Palm Bay Compares to Other Cities
City | Average Rent |
---|---|
Jacksonville | $1,522 |
Cape Coral | $2,218 |
Kissimmee | $1,857 |
Tampa | $1,898 |
Miami | $2,396 |
Orlando | $1,933 |
Winter Haven | $1,456 |
Palm Bay | $1,537 |
St. Petersburg | $1,989 |
Gainesville | $1,662 |
Lakeland | $1,489 |
Davenport | $1,945 |
Haines City | $1,009 |
Saint Cloud | $1,832 |
Winter Park | $1,716 |
Oviedo | $2,267 |
Maitland | $1,928 |
Winter Springs | $1,767 |
Casselberry | $1,593 |
West Melbourne | $1,786 |
Rockledge | $1,890 |
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 $168.73. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.