Save This Search

Cheap Apartments for Rent in Palm Bay, FL

61 Rentals Available
Cheap Apartments for Rent in Palm Bay, FL. 61 Rentals Available
Apartments Under $900 Apartments Under $1,100 Apartments Under $1,200 Apartments Under $1,300 Apartments Under $1,400

Apartments Under $900

  • an aerial view of a group of buildings with the ocean in the background
    Today

    651 Palm Drive, Satellite Beach, FL 32937
    1 BED $800
    2 BEDS $1,000+

  • More Rentals Near Palm Bay, FL

Apartments Under $1,100

  • a living room with couches and chairs and a coffee table
    Today

    2309 S. Babcock Street, Melbourne, FL 32901
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing

  • More Rentals Near Palm Bay, FL

  • a kitchen with white cabinets and a stainless steel refrigerator
    Today

    1135 N Wickham Rd, Melbourne, FL 32935
    1 BED $1,095+
    2 BEDS $1,550

Apartments Under $1,200

  • a bedroom with a bed and a tv in the corner
    Today

    Unit A, Palm Bay, FL 32905
    1 BED $1,155

  • More Rentals Near Palm Bay, FL

  • a kitchen with white appliances and white cabinets
    Today

    248 East University Blvd. - Office, Melbourne, FL 32901
    STUDIO Ask for Pricing
    1 BED $1,199
    2 BEDS Ask for Pricing

Apartments Under $1,300

  • a living room with couches chairs and a table with a pool in the background
    Today

    3099 Park Village Way, Melbourne, FL 32935
    1 BED $1,250+
    2 BEDS $1,297+

  • More Rentals Near Palm Bay, FL

  • a living room with a couch and chairs and a tv
    Today

    3320 Rivercrest Drive, Melbourne, FL 32935
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing

Apartments Under $1,400

  • a swimming pool with a railing in the middle of it
    Today

    310 Fitness Circle, Melbourne, FL 32901
    1 BED $1,300
    2 BEDS $1,530
    3 BEDS $2,000

  • More Rentals Near Palm Bay, FL

  • a living room with yellow chairs and a table
    Today

    2262 Crippen Ct, Melbourne, FL 32904
    1 BED $1,315+
    2 BEDS $1,378+
    3 BEDS Ask for Pricing
1-8-city
Nice work, you've checked out every rental here! Expand your search to find your happy place.

Save Search

Getting around in Palm Bay, FL

15 /100
Car-Dependent
41 /100
Somewhat Bikeable
Walk Score®: 15, Bike Score®: 41

Frequently asked questions

How many cheap rentals are available in Palm Bay, FL on RentCafe?

There are 1 cheap rentals available on RentCafe. Prices and availability in Palm Bay, FL were last updated on 19 Feb 2026.

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

The average Palm Bay, FL cheap apartment size is 300 sq. ft.

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.

Renting a cheap apartment in Palm Bay, FL

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.

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 RentCafe, 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.

Looking for a cheap apartment for rent in Palm Bay, FL? With RentCafe, finding an affordable apartment in Palm Bay, FL has never been easier. We feature 61 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 $1,537 per month so any rental south of $1,229 would be considered cheap here. On RentCafe, Palm Bay, FL rents go as low as $800/mo.

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