Palm Bay, FL rental market
What is the average rent in Palm Bay, FL?
Last updated December 4, 2025
Rental market summary
The average rent for all bedrooms and all property types in Palm Bay, FL is $1,995.
$1,995
$0
-$5
503
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $546 to $3,700.
| Rent price | Number of rental properties |
|---|---|
| $700 | 3 |
| $800 | 4 |
| $900 | 5 |
| $1,000 | 3 |
| $1,100 | 10 |
| $1,200 | 11 |
| $1,300 | 9 |
| $1,400 | 15 |
| $1,500 | 24 |
| $1,600 | 30 |
| $1,700 | 65 |
| $1,800 | 76 |
| $1,900 | 90 |
| $2,000 | 80 |
| $2,100 | 68 |
| $2,200 | 61 |
| $2,300 | 62 |
| $2,400 | 28 |
| $2,500 | 15 |
| $2,600 | 8 |
| $2,700 | 10 |
| $2,800 | 7 |
| $2,900 | 7 |
| $3,000 | 3 |
| $3,100 | 2 |
| $3,200 | 1 |
| $3,300 | 1 |
| $3,400 | 1 |
| $3,500 | 1 |
| $3,600 | 1 |
| $3,700+ | 1 |
Average rent price over time
In the last year, rent has decreased by $5 compared to the previous year.
| 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 | $2,000 | $1,995 |
| Dec | $2,000 | $1,995 |
Market temperature
The Palm Bay, FL rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Palm Bay, FL is 0.25% lower than the national average.
$1,995
$2,000
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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 $1,995.
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 $1,320 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 $1,578 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 $1,920 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 $2,357 per month.
7. How much does it cost to rent a house in Palm Bay, FL?
Houses in Palm Bay, FL rent between $546 - $3,700 with an average rent of $1,995.
8. How has the rent in Palm Bay, FL changed in the last year?
In the last year, the rent in Palm Bay, FL decreased by $5
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 did not change.
10. How many available rentals are there in Palm Bay, FL?
There are currently 503 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 $1,995 — less than 1% lower the national average of $2,000.