Last updated
Average Rent in Palm Bay 32909 & Rent Trends
Rent prices and market trends across 1 apartment community in Palm Bay 32909, Palm Bay, FL. Updated daily.
Market Average
$750/mo
Lowest Available
$750/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
1
available now
Palm Bay 32909 vs Palm Bay, FL Average
Palm Bay 32909 is cheaper the Palm Bay, FL average by $1,252/mo (63%). The citywide average is $2,002/mo across all neighborhoods.
Is Rent Going Up or Down in Palm Bay 32909?
As of May 2026, the average rent in Palm Bay 32909 is $750 per month across 1 apartment community and 1 available units.
The most affordable option is Isla Apartments starting at $750/mo. By unit type, a 1-bedroom averages $750/mo.
Prices range from $750 to $750 per month. The most common price point is the $600 range, where 1 units are currently listed.
Palm Bay 32909 Rent Price History
Rent by Bedroom Type in Palm Bay 32909
Rent Prices by Apartment in Palm Bay 32909
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Isla Apartments | $750/mo | $750/mo | 1 | 4.5 |
Google Search Trends for Palm Bay 32909 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Palm Bay 32909
What is the average rent in Palm Bay 32909?
Is rent going up or down in Palm Bay 32909?
What is the cheapest apartment in Palm Bay 32909?
How much is a 1-bedroom apartment in Palm Bay 32909?
How many apartments are available in Palm Bay 32909?
What salary do I need to live comfortably in Palm Bay 32909?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$30,000/year
30 percent rule -- using our average rent of $750/mo.
Comfortable income
$36,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
Median household income in Palm Bay 32909 is $67,521 , about 88% above the comfortable-living threshold.
Cost of living in Palm Bay 32909
Overall prices in Palm Bay 32909 runs above the national average by about 1% (BEA Regional Price Parity index 101.3, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Palm Bay 32909's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $750 |
| Utilities | $512 |
| Groceries | $520 |
| Transportation | $1,220 |
| Healthcare | $595 |
| Other goods and services | $952 |
| Estimated total | $4,549/mo |
Population
125,273
Median household income
$67,521
Census median rent
$1,487/mo
Rent as % of income
33.1%
Median age
41.3
Mean commute
28 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Explore Palm Bay 32909 Apartments
Browse all 1 communities with daily-updated pricing and availability.