Palm Bay, FL Rent History
141 months of data, 2015–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).
Today (2026-09)
$1,842
1-year change
+2.2%
$40/mo
5-year change
+18.0%
$281/mo
10-year change
+78.1%
$808/mo
Monthly rent trend
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Year-by-year rent in Palm Bay
| Year | Median rent | YoY change | vs 2015 |
|---|---|---|---|
| 2015 | $925/mo | — | 0.0% |
| 2016 | $997/mo | +7.8% | +7.8% |
| 2017 | $1,100/mo | +10.3% | +18.9% |
| 2018 | $1,166/mo | +6.0% | +26.1% |
| 2019 | $1,227/mo | +5.2% | +32.6% |
| 2020 | $1,283/mo | +4.6% | +38.7% |
| 2021 | $1,413/mo | +10.1% | +52.8% |
| 2022 | $1,698/mo | +20.2% | +83.6% |
| 2023 | $1,789/mo | +5.4% | +93.4% |
| 2024 | $1,789/mo | 0.0% | +93.4% |
| 2025 | $1,808/mo | +1.1% | +95.5% |
| 2026 | $1,813/mo | +0.3% | +96.0% |
Frequently asked questions
How much has rent in Palm Bay changed since 2015?
Median rent in Palm Bay, FL was $898 in 2015-01 and is $1,842 as of 2026-09 — a change of $944 per month over 11 years.
How much has Palm Bay rent increased in the last 5 years?
Over the past 5 years, median rent in Palm Bay, FL has changed +18.0% ($281 per month). The current median is $1,842.
What has rent in Palm Bay done over the past decade?
Over the past 10 years, median rent in Palm Bay, FL has changed +78.1% ($808 per month). It is now $1,842.
Is rent in Palm Bay going up or down year over year?
Year over year, median rent in Palm Bay, FL has increased +2.2% ($40/mo). Current median: $1,842.