Apartments for rent in Palm Bay, FL have an average price of $1,944 per month.
3 Bedroom Apartments for Rent in Palm Bay, FL
Rental prices in Palm Bay, FL have increased by 3.7% over the past year. The average rent moved from $1,874 to $1,944.
Compared to the average rent in the U.S. of $1,741, the rent in Palm Bay, FL is $1,944 per month.
Apartments for rent in Palm Bay, FL have an average price of $1,944 per month.
Around 34% of Malabar’s apartments are in the $2,001-$2,500 price range. 66% of apartments are priced $1,501-$2,000.
The largest share of rentals in Palm Bay, FL (66%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
There are 61 3 bedroom rentals available on RentCafe. Prices and availability in Palm Bay, FL were last updated on 19 Feb 2026.
The average Palm Bay, FL 3 bedroom apartment size is 1,393 sq. ft.
Renting a 3 bedroom apartment offers extra space compared to a 2 bedroom apartment, suited for a family or for sharing it with someone else.
A 3 bedroom apartment is more expensive than smaller units and it usually comes with higher utility costs.