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Cheap Apartments for Rent in Palm Bay, FL - 2 Rentals available

Apartments Under $700

  • 210 Interchange Drive NE, Palm Bay, FL 32907
    $693 - $973
    • Studio-2 Beds
    • 1-2 Baths
    Elon Management
    Available Today! Last updated 3 Mar 2021
    (844) 329-4911
  • 1530 Windwood Dr. NE - Office, Palm Bay, FL 32905
    $698 - $1,074
    • Studio-2 Beds
    • 1 Bath
    Elon Management
    Available Today! Last updated 3 Mar 2021
    (844) 378-0968

Look for cheap apartments near me

Finding the right apartment as far as size and location go is one aspect of apartment searching, but making sure that it provides all that you need within a reasonable price is another. On RENTCafé, you can search for cheap apartments near you and ensure that you find one that suites your needs. Worried the neighborhood or city you are looking to move to is known to have higher rents? You can browse our listings and find the cheap apartments in any location, whether you are looking at a specific neighborhood, ZIP code, or city.

The perfect apartment for you is out there, either near you or anywhere in the U.S. that you are looking to move to. So, let's find the one that satisfies your wants and needs, but that also comes at an affordable price.

Frequently Asked Questions

What is the price of a cheap apartment in Palm Bay, FL?

The price range of a cheap apartment is between $693 and $1,074. Find cheap apartments in Palm Bay, FL.

What are the advantages of renting a cheap apartment in Palm Bay, FL?

Cheap apartments in Palm Bay, FL are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Palm Bay, FL?

A cheap apartment in Palm Bay, FL offers little storage space and fewer amenities compared to other apartments. You might be interested in studio apartments, 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, or browse all RENTCafé apartments for rent in Palm Bay, FL.

Renting a Cheap Apartment in Palm Bay

Palm Bay is a coastal Florida city with roots in the timber, citrus and cattle industries. Today technology and manufacturing companies are located here. Recreation in Palm Bay is centered around water sports. Ocean and lake activities like swimming, boating, fishing and jet skiing are extremely popular. Golf and paintball facilities are available, and there are many city parks. Turkey Creek Sanctuary is a good place to see area wildlife. Low crime and warm tropical weather make Palm Bay a pleasant place to live, work and visit.

Palm Bay, FL Demographics

  • Total Population111,997
  • Female 54,673
    Male 57,324
  • Median Age40.3

Average Rent in Palm Bay, FL

  • Palm Bay, FL Average Rental Price, February 2021 $1,132 /mo

Palm Bay, FL Apartment Rent Ranges

  • $701-$1,00040%
  • $1,001-$1,50049%
  • $1,501-$2,00012%

Palm Bay, FL Rent Trends

Average Rent Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Feb / 2021
Palm Bay, FL $947 $953 $1,036 $1,001 $1,064 $1,023 $1,088 $1,091 $1,132
National $1,381 $1,418 $1,428 $1,432 $1,468 $1,475 $1,477 $1,464 $1,462

Palm Bay, FL Households

  • Total Number of Households38,486
  • Family 26,245
    Non-family 12,241
  • Children 11,501
    No Children 26,985
  • Average People Per Household2.9
  • Median Household Income$51,408
  • Median Housing Costs Per Month$937

Palm Bay, FL Education Statistics

  • No High School3%
  • Some High School40%
  • Some College29%
  • Associate Degree11%
  • Bachelor Degree11%
  • Graduate Degree5%

Looking for a cheap apartment for rent in Palm Bay, FL? With RENTCafé, finding an affordable apartment in Palm Bay, FL has never been easier. We feature 2 low-priced rentals directly from property managers, with rents lower than the Palm Bay, FL average. What is a cheap rent in Palm Bay, FL? The average apartment rent in Palm Bay is $1,132 per month so any rental south of $905 would be considered cheap here. On RENTCafé, Palm Bay, FL rents go as low as $693/mo.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!