1-Bedroom Apartment Rent in Palm Bay, FL
Median asking rent for a 1-bedroom apartment in Palm Bay, Florida as of July 2026. That's +22% lower than the citywide median of $1,881 and +5% above the national 1-bedroom median of $1,395.
Income needed for a 1-bedroom in Palm Bay
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 1-bedroom at the current median rent.
Rent by apartment size in Palm Bay
Compare Palm Bay's median rent across every apartment size.
Cheapest cities for a 1-bedroom in Florida
| # | City | 1-Bedroom rent |
|---|---|---|
| 1 | Palatka | $790 |
| 2 | Bunnell | $792 |
| 3 | Lake City | $850 |
| 4 | Hernando | $870 |
| 5 | Crystal River | $875 |
| 6 | Hialeah Gardens | $905 |
| 7 | Auburndale | $920 |
| 8 | Bartow | $920 |
| 9 | Lake Alfred | $920 |
| 10 | Belleview | $940 |
| 11 | Homosassa | $945 |
| 12 | Lake Wales | $955 |
| 13 | Inverness | $975 |
| 14 | Ocklawaha | $980 |
| 15 | Sebring | $980 |
Most expensive cities for a 1-bedroom in Florida
| # | City | 1-Bedroom rent |
|---|---|---|
| 1 | Atlantic Beach | $3,405 |
| 2 | Key Biscayne | $2,840 |
| 3 | Weston | $2,777 |
| 4 | Doral | $2,720 |
| 5 | Loxahatchee | $2,660 |
| 6 | Aventura | $2,660 |
| 7 | Parkland | $2,580 |
| 8 | Lithia | $2,530 |
| 9 | Windermere | $2,490 |
| 10 | Coral Gables | $2,480 |
| 11 | Miami Beach | $2,447 |
| 12 | Pembroke Pines | $2,423 |
| 13 | The Hammocks | $2,410 |
| 14 | Bal Harbour | $2,370 |
| 15 | The Crossings | $2,340 |
Nearby cities — 1-bedroom rent
Considering nearby alternatives? 5 of these cities have cheaper 1-bedroom rents than Palm Bay.
| City | Distance | 1-Bedroom rent | vs Palm Bay |
|---|---|---|---|
| West Melbourne, FL | 6.4 mi | $1,579 | +$109 (+7%) |
| Indialantic, FL | 9.5 mi | $1,720 | +$250 (+17%) |
| Melbourne, FL | 10.1 mi | $1,630 | +$160 (+11%) |
| Melbourne Beach, FL | 10.7 mi | $1,690 | +$220 (+15%) |
| Indian Harbour Beach, FL | 12.5 mi | $1,438 | $-32 (-2%) |
| Satellite Beach, FL | 14.1 mi | $1,700 | +$230 (+16%) |
| Sebastian, FL | 17.2 mi | $1,380 | $-90 (-6%) |
| Rockledge, FL | 22.2 mi | $1,620 | +$150 (+10%) |
| Cocoa Beach, FL | 23.7 mi | $1,570 | +$100 (+7%) |
| Vero Beach, FL | 25.3 mi | $1,235 | $-235 (-16%) |
| Merritt Island, FL | 27.3 mi | $1,315 | $-155 (-11%) |
| Cape Canaveral, FL | 28.7 mi | $1,100 | $-370 (-25%) |
1-Bedroom rent in Palm Bay — common questions
How much is a 1-bedroom apartment in Palm Bay?
As of July 2026, the median 1-bedroom apartment rent in Palm Bay, Florida is $1,470 per month. This is +22% below the citywide median of $1,881.
What income do you need to afford a 1-bedroom in Palm Bay?
Using the standard 30% rent-to-income rule, you would need an annual income of about $58,800 ($4,900/month gross), which works out to roughly $28.27/hour at a full-time job.
Is Palm Bay expensive for a 1-bedroom compared to the rest of the US?
Palm Bay's 1-bedroom median of $1,470 is +5% above the national 1-bedroom median of $1,395. It ranks in the 55th percentile of US cities tracked.
How does Palm Bay rank for 1-bedroom rent in Florida?
Among the 270 cities in Florida with 1-bedroom data, Palm Bay ranks #81 from cheapest to most expensive.
Are there cheaper 1-bedroom options near Palm Bay?
Yes — nearby cities with cheaper 1-bedroom rents include Indian Harbour Beach ($1,438), Sebastian ($1,380), Vero Beach ($1,235).