Median Age
42 Years
Largest Age Group
60-69 Years
Approximately 13% of Residents
Under 20
23%
Over 65
21%
Palm Bay, FL Area Guide
Avg Rent
$1,473
Population
131,587
Renter Mix
25% Rent
Brevard County’s largest city has it all
Suburban
•
Peaceful
•
Family-Friendly
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.
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 July 2026, the average apartment rent in Palm Bay, FL is $1,167 for a studio, $1,479 for one bedroom, $1,650 for two bedrooms, and $1,964 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
$1,479/month
681 Sq Ft
House
$2,077/month
1,570 Sq Ft
Condo
$1,787/month
1,101 Sq Ft
Townhome
$1,763/month
1,330 Sq Ft
Learn More About Palm Bay
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Palm Bay, FL is for everyday living.
Fairly Walkable
Walkability
40
/ 100
Limited Public Transit
Transit
30
/ 100
Exceptionally Drivable
Drivability
90
/ 100
Fairly Bikeable
Bikeability
40
/ 100
Scores provided by
Schools
Public
Grades PK-5
737 Students
Odyssey Charter Elementary and Junior Senior High School
Public
Grades K-12
1,935 Students
Public
Grades PK-5
534 Students
Pineapple Cove Classical Academy
Public
Grades K-12
1,065 Students
Public
Grades PK-5
949 Students
Odyssey Charter Elementary and Junior Senior High School
Public
Grades K-12
1,935 Students
Pineapple Cove Classical Academy
Public
Grades K-12
1,065 Students
Public
Grades K-8
348 Students
Palm Bay Academy Charter School
Public
Grades K-8
346 Students
Public
Grades 6-8
989 Students
Odyssey Charter Elementary and Junior Senior High School
Public
Grades K-12
1,935 Students
Pineapple Cove Classical Academy
Public
Grades K-12
1,065 Students
Public
Grades 9-12
1,828 Students
Public
Grades 9-12
2,207 Students
Public
Grades K-12
87 Students
School data provided by
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
Points of Interest
Shopping Centers
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
Search Nearby Rentals
Nearby City Rentals
Nearby Neighborhood Rentals
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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 June 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.