Palm Bay

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Palm Bay, FL

Area Guide

Brevard County’s largest city has it all

Suburban Peaceful Family-Friendly Growing Active Scenic Riverside

Palm Bay, Florida combines suburban living with natural beauty along the Space Coast. Nestled where Turkey Creek meets the Indian River, this growing city features established neighborhoods and newer developments. The northeastern section includes the historic district, while residential areas extend westward beyond Interstate 95. One-bedroom apartments average $878, with two-bedroom units around $1,152.

The Turkey Creek Sanctuary offers walking trails and wildlife viewing opportunities, providing a peaceful retreat within the city limits. Fred Poppe Regional Park serves as a central recreation destination with sports facilities and community amenities. Palm Bay's technology sector continues to expand, with L3Harris Technologies among the major employers in the area. The city balances residential growth with environmental conservation, maintaining numerous community parks throughout its neighborhoods. Local history buffs might appreciate knowing that the area's early development centered around Tillman's Wharf, an important agricultural shipping point on the Indian River during the 1870s.

Rent Trends

As of December 2025, the average apartment rent in Palm Bay, FL is $1,052 for a studio, $1,401 for one bedroom, $1,602 for two bedrooms, and $1,911 for three bedrooms. Apartment rent in Palm Bay has decreased by -1.0% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,401/month
662 Sq Ft
House
$2,052/month
1,604 Sq Ft
Condo
$1,778/month
1,277 Sq Ft
Townhome
$1,719/month
1,225 Sq Ft
See Rental Market Trends in Palm Bay, FL

Transportation

34

Car-Dependent

out of 100 WalkScore® Rating

This area is considered a car-dependent area and most errands will require a car.

1

Minimal Transit

out of 100 TransitScore® Rating

You'll likely want a car when living in this area since it has few transit options.

48

Somewhat Bikeable

out of 100 BikeScore® Rating

You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.

Schools

Riviera Elementary School

Public

Grades PK-6

696 Students

Palm Bay Elementary School

Public

Grades PK-6

586 Students

Westside Elementary School

Public

Grades PK-6

798 Students

Lockmar Elementary School

Public

Grades PK-6

583 Students

Columbia Elementary School

Public

Grades PK-6

506 Students

Southwest Middle School

Public

Grades 7-8

920 Students

Riverdale Country Day School

Public

Grades K-12

Heritage High School

Public

Grades 9-12

2,007 Students

Bayside High School

Public

Grades 9-12

1,854 Students

Riverdale Country Day School

Public

Grades K-12

Points of Interest

Parks and Recreation

  • Turkey Creek Sanctuary (Margaret Hames Nature Center)
  • Malabar Scrub Sanctuary
  • Florida Tech Botanical Garden
  • Goode Park
  • Erna Nixon Nature Center

Airports

  • Melbourne Orlando International

Top Apartments in Palm Bay

Houses for Rent in Palm Bay

Property Management Companies in Palm Bay, FL

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Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.