Palm Bay, FL Rent History
139 months of data, 2015–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).
Today (2026-07)
$1,887
1-year change
+1.8%
$33/mo
5-year change
+22.5%
$347/mo
10-year change
+80.4%
$841/mo
Monthly rent trend
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Year-by-year rent in Palm Bay
| Year | Median rent | YoY change | vs 2015 |
|---|---|---|---|
| 2015 | $951/mo | — | 0.0% |
| 2016 | $1,028/mo | +8.1% | +8.1% |
| 2017 | $1,134/mo | +10.3% | +19.2% |
| 2018 | $1,202/mo | +6.0% | +26.4% |
| 2019 | $1,266/mo | +5.3% | +33.1% |
| 2020 | $1,323/mo | +4.5% | +39.1% |
| 2021 | $1,459/mo | +10.3% | +53.4% |
| 2022 | $1,754/mo | +20.2% | +84.4% |
| 2023 | $1,845/mo | +5.2% | +94.0% |
| 2024 | $1,848/mo | +0.2% | +94.3% |
| 2025 | $1,855/mo | +0.4% | +95.1% |
| 2026 | $1,875/mo | +1.1% | +97.2% |
Frequently asked questions
How much has rent in Palm Bay changed since 2015?
Median rent in Palm Bay, FL was $924 in 2015-01 and is $1,887 as of 2026-07 — a change of $963 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 +22.5% ($347 per month). The current median is $1,887.
What has rent in Palm Bay done over the past decade?
Over the past 10 years, median rent in Palm Bay, FL has changed +80.4% ($841 per month). It is now $1,887.
Is rent in Palm Bay going up or down year over year?
Year over year, median rent in Palm Bay, FL has increased +1.8% ($33/mo). Current median: $1,887.