Palm Bay, FL rental market

What is the average rent in Palm Bay, FL?

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Last updated October 13, 2025

Rental market summary

The average rent for all bedrooms and all property types in Palm Bay, FL is $2,000.

Average rent

$2,000

Month-over-month change

+$5

Year-over-year change

$0

Available rentals

477

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $562 to $4,800.

Rent frequencies
Rent priceNumber of rental properties
$7001
$8003
$9001
$1,0003
$1,1004
$1,20010
$1,30012
$1,40018
$1,50017
$1,60036
$1,70059
$1,80064
$1,90073
$2,00084
$2,10063
$2,20057
$2,30043
$2,40027
$2,50020
$2,60012
$2,7008
$2,8007
$2,9004
$3,0003
$3,1003
$3,2001
$3,4002
$3,5001
$3,6001
$3,7001
$4,7001
$4,800+1

Average rent price over time

Average rent price over time
Last year (2024)This year (2025)
Jan$1,970$2,000
Feb$1,975$1,975
Mar$2,000$2,000
Apr$2,100$2,000
May$2,070$2,035
Jun$2,055$2,025
Jul$2,095$2,017
Aug$2,050$2,000
Sep$2,024$1,980
Oct$2,000$2,000
Nov$2,000No data
Dec$2,000No data

Market temperature

The Palm Bay, FL rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Palm Bay, FL is 0.74% lower than the national average.

Palm Bay, FLvs.

$2,000

$2,015

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Frequently asked questions

1. What is the average rent in Palm Bay, FL?

The average rent in Palm Bay, FL is $2,000.

2. What is the average rent for a studio apartment in Palm Bay, FL?

The average rent for a studio apartment in Palm Bay, FL is $1,095 per month.

3. What is the average rent for a one-bedroom apartment in Palm Bay, FL?

The average rent for a one-bedroom apartment in Palm Bay, FL is $1,545 per month.

4. What is the average rent for a two-bedroom apartment in Palm Bay, FL?

The average rent for a two-bedroom apartment in Palm Bay, FL is $1,595 per month.

5. What is the average rent for a three-bedroom apartment in Palm Bay, FL?

The average rent for a three-bedroom apartment in Palm Bay, FL is $1,950 per month.

6. What is the average rent for a four-bedroom apartment in Palm Bay, FL?

The average rent for a four-bedroom apartment in Palm Bay, FL is $2,448 per month.

7. How much does it cost to rent a house in Palm Bay, FL?

Houses in Palm Bay, FL rent between $562 - $4,800 with an average rent of $2,000.

8. How has the rent in Palm Bay, FL changed in the last year?

In the last year, the rent in Palm Bay, FL did not change.

9. How much has the rent in Palm Bay, FL increased/decreased in the last month?

In the last month, the rent in Palm Bay, FL increased by $5

10. How many available rentals are there in Palm Bay, FL?

There are currently 477 rentals available in Palm Bay, FL.

11. How do rent prices in Palm Bay, FL compare with the national average?

The average rent in Palm Bay, FL is $2,000 — less than 1% lower the national average of $2,015.