Palm Bay, FL Rental Market Trends
What is the average rent in Palm Bay?
The average rent for an apartment in Palm Bay is $1,527. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Palm Bay, FL
Last updated November 2023
| Average Rent | Average Apartment Size |
|---|---|
| $1,527 | 922 sq. ft. |
What is the average apartment size in Palm Bay?
The average size for a Palm Bay, FL apartment is 922 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Palm Bay, FL apartment rent ranges
Palm Bay, FL Occupied Housing Units
8,611 or 20% of the households in Palm Bay, FL are renter-occupied while 34,254 or 80% are owner-occupied.
Palm Bay, FL rent trends
Average Rent in Palm Bay, FL By Neighborhood
| City | Average Rent |
|---|---|
| Grant-Valkaria | $1,925 |
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How Palm Bay Compares to Other Cities
| State | Average Rent |
|---|---|
| Orlando | $1,905 |
| Miami Beach | $3,002 |
| Miami | $2,451 |
| Jacksonville | $1,504 |
| Clearwater | $1,790 |
| West Palm Beach | $2,232 |
| North Miami Beach | $2,419 |
| Tampa | $1,923 |
| Coral Gables | $2,890 |
| Gainesville | $1,671 |
| Vero Beach | $1,408 |
| Palm Bay | $1,527 |
| Haines City | $1,501 |
| Kissimmee | $1,828 |
| Lake Wales | $1,371 |
| Port St. Lucie | $1,953 |
What is the average price for a storage unit in Palm Bay?
The average rent for a non-climate-controlled 10'x10' storage unit in Palm Bay is $138.56. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
