Palm Bay

Enjoy a day on the Indian River, minutes from Port Malabar.
Aerial waterfront proprerty by the community pool in Emerald Lakes.
Fishing at dawn at Castaway Point Park along the indian river.
Palm Bay's bike trails with jumps & obstacles through the woods at Grapefruit Trails.
A unique, big fish styled mailbox in the city of Palm Bay.

Palm Bay, FL Area Guide

Avg Rent

$1,479

Population

131,587

Renter Mix

25% Rent

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.

Explore the City

Fishing at dawn at Castaway Point Park along the indian river.

Palm Bay's bike trails with jumps & obstacles through the woods at Grapefruit Trails.

A unique, big fish styled mailbox in the city of Palm Bay.

A rural, but suburban spirited home with a large backyard.

Lady walking dog along the Indian River at Castaway Point Park.

Perky egret at Castaway Point Park.

Demographics

Median Household Income

$56,584

Average: $72,882

Education

25,512

Residents Have a Degree

Job Market

61,523

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

42 Years

Largest Age Group

60-69 Years

Approximately 13% of Residents

Under 20

23%

Over 65

21%

Housing Distribution

Palm Bay has more homeowners than renters.

Renters
25%
Non-Renters
75%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
15%
Other Education
85%

Rent Trends

As of April 2026, the average apartment rent in Palm Bay, FL is $1,124 for a studio, $1,472 for one bedroom, $1,650 for two bedrooms, and $1,950 for three bedrooms. Apartment rent in Palm Bay has decreased by -1.3% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,472/month
681 Sq Ft
House
$2,138/month
1,635 Sq Ft
Condo
$1,584/month
1,012 Sq Ft
Townhome
$1,782/month
1,336 Sq Ft
See Rental Market Trends in Palm Bay, FL

Getting Around

Fairly Walkable

Walkability

40 / 100

Limited Public Transit

Transit

30 / 100

Exceptionally Drivable

Drivability

90 / 100

Fairly Bikeable

Bikeability

40 / 100

Schools

Riviera Elementary School

Public

Grades PK-5

696 Students

Palm Bay Elementary School

Public

Grades PK-5

586 Students

Pineapple Cove Classical Academy

Public

Grades K-12

1,044 Students

Westside Elementary School

Public

Grades PK-5

798 Students

Pineapple Cove Classical Academy

Public

Grades K-12

1,044 Students

Royal Palm Charter School

Public

Grades K-8

332 Students

Southwest Middle School

Public

Grades 6-8

920 Students

Palm Bay Academy Charter School

Public

Grades K-8

364 Students

Pineapple Cove Classical Academy

Public

Grades K-12

1,044 Students

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

87 Students

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

Search Nearby Rentals

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 February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.