Average rent in Palm Bay, FL
As of July 2026, the typical asking rent in the Palm Bay, FL metro area is $1,914 per month, up 1.0% from a year ago — 29% above the US metro average of $1,486.
Figures cover all property types — single-family, condo and apartment — at every bedroom count. The interactive map can break rents down by home type.
Average rent
$1,914
July 2026
Year over year
+1.0%
vs $1,894 a year ago
3-year change
+2.4%
from $1,868
Our forecast accuracy here
±0.8%
avg error on held-out data
Palm Bay, FL rent history
Observed market rent since September 2016, with the next 2 forecast months and their expected range.
Palm Bay, FL rent forecast
Our forecasting engine projects rents each month for every US metro with at least a year of observed data. The next 2 months for Palm Bay, FL are free below; the full 12-month outlook with confidence ranges is part of RentLens Pro.
| Month | Forecast rent | Expected range |
|---|---|---|
| August 2026 | $1,919 | $1,910–$1,935 |
| September 2026 | $1,930 | $1,907–$1,947 |
| Months 3–12 are available on the interactive forecast → see the full Palm Bay, FL forecast | ||
Explore Palm Bay, FL on the live map
Interactive history, zip-level rents, and 12-month ML forecasts with explainability.
More Florida metros
Rent figures are smoothed median asking rents (Zillow Observed Rent Index) for the Palm Bay, FL metro area, updated monthly. Forecasts are produced by RentLens's proprietary ML models; “forecast accuracy” is this metro's average prediction error on held-out historical data.