When were prices and availability in Palm Bay, FL last updated?
Prices and availability in Palm Bay, FL were last updated on 26 Feb 2026.
What is the average rent in Palm Bay, FL?
The average rent in Palm Bay, FL is $1,521.
What is the price range for a 1-bedroom apartment in Palm Bay, FL?
The price range for a 1-bedroom apartment in Palm Bay, FL is between $1,155 and $2,382.
What is the price range for a 2-bedroom apartment in Palm Bay, FL?
The price range for a 2-bedroom apartment in Palm Bay, FL is between $1,400 and $3,000.
What is the price range for a 3-bedroom apartment in Palm Bay, FL?
The price range for a 3-bedroom apartment in Palm Bay, FL is between $1,400 and $2,922.
What type of rental buildings are in Palm Bay, FL?
In Palm Bay 21% of the housing is rented out compared to 79% 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, 39% are located in smaller apartment complexes with less than 50 units, and 52% are single-family rentals.
What do typical apartment communities look like in Palm Bay, FL?
The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Palm Bay are about 27 years old, on average. Of these, 36% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.
What apartment floorplans are common in Palm Bay, FL?
Rental apartments in Palm Bay come in a range of sizes and floorplans. Studio apartments represent 2% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 37% of the total apartments in the city, while 2-bedroom floorplans represent around 47% of all rentals in Palm Bay. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.
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