Property prices for rent in Palm Bay (Florida)

The rent prices in real estate in Palm Bay, in the Florida region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.

$1,410.33
Average price last 6 months
$1.26
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Palm Bay has had a strong fall during the last 6 months. In June, the average price per sq.feet was $2.58. In the following month the price per sq.feet fell considerably to $0.95. The price for the following two months in (August, September) had a considerable fall of 54 with regard to the previous two months. The price per sq.feet has had a considerable fall of 79 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $1.36 to $1.07 during October, and November.

Average price

When referring to the price in Palm Bay (cities), this has fallen in the last 6 months. In our first sample month during June, the average price is $1,475. In July This price remains at $1,460. In the following two months the average price has hardly changed with regard to the previous two months from $1,467.5 to $1,401.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 95 %, going from $1,434.5 to $1,362 in October and November.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,339 they are 27 % more affordable than the average price for Palm Bay . The properties with the highest average price have 4 bedrooms, Their price is 24 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,462.

With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.91 / sq.feet, with an average $1.07 / sq.feet price in Palm Bay. The properties with the most expensive average prices have 1 bedroom. They are 27 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.13 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,339 it is 20 % more affordable than the average price in Palm Bay. "Condo" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Commercial". At a price of $1,165 it is 12 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.05 / sq.feet followed by "Condo" priced at $1.17 / sq.feet. "Commercial" is the most expensive type of property with a $5 / sq.feet value followed by "Apartment" with an average price of $1.26 / sq.feet.

Charts data
Average price November
Average price per sq.feet November
Number of properties used in Palm Bay
Number of properties used in region Florida
$1,339
$1.07
838
803,922
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Brand New Home In Palm Bay, Fl. 4 Bed, 2 Bath
 8
Brand New Home In Palm Bay, Fl. 4 Bed, 2 Bath
$224,990
Palm Bay, Florida - For Sale - House - 2,692 sq.feet - 4 bedrooms - 3 bathrooms
This new construction, quick delivery home is the 2692 plan by focus homes, and is located in the community of the palm bay at 798 damek ter sw, palm bay, fl-32908...
3 Bed, 2 Bath New Home Plan In Palm Bay, Fl
 18
3 Bed, 2 Bath New Home Plan In Palm Bay, Fl
$264,900
Palm Bay, Florida - For Sale - House - 2,044 sq.feet - 3 bedrooms - 2 bathrooms
In the community of the palm bay. This plan home is priced from $264,900 and has 3 bedrooms, 2 baths, is 2,044 square feet, and has a 2-car garage. The palm bay features single family...
4 Bed, 3 Bath New Home Plan In Palm Bay, Fl
 24
4 Bed, 3 Bath New Home Plan In Palm Bay, Fl
$288,900
Palm Bay, Florida - For Sale - House - 2,427 sq.feet - 4 bedrooms - 3 bathrooms
In the community of the palm bay. This plan home is priced from $288,900 and has 4 bedrooms, 3 baths, is 2,427 square feet, and has a 3-car garage. The palm bay features single family...
4 Bed, 3 Bath New Home Plan In Palm Bay, Fl
 22
4 Bed, 3 Bath New Home Plan In Palm Bay, Fl
$308,900
Palm Bay, Florida - For Sale - House - 2,675 sq.feet - 4 bedrooms - 3 bathrooms
In the community of the palm bay. This plan home is priced from $308,900 and has 4 bedrooms, 3 baths, is 2,675 square feet, and has a 3-car garage. The palm bay features single family...
4 Bed, 2 Bath New Home Plan In Palm Bay, Fl
 24
4 Bed, 2 Bath New Home Plan In Palm Bay, Fl
$327,900
Palm Bay, Florida - For Sale - House - 3,230 sq.feet - 4 bedrooms - 2 bathrooms
In the community of the palm bay. This plan home is priced from $327,900 and has 4 bedrooms, 2 baths, is 3,230 square feet, and has a 2-car garage. The palm bay features single family...
Madalyn Landing 1 Bedroom Apartment For Rent At 500 Malabar Rd Sw, Palm Bay, Fl 32907
 20
Madalyn Landing 1 Bedroom Apartment For Rent At 500 Malabar Rd Sw, Palm Bay, Fl 32907
$1,025
Palm Bay, Florida - For Rent - Apartment - 713 sq.feet - 1 bedroom - 1 bathroom
Pricing and availability change daily. *flexible lease terms available. *deposit terms may vary based on credit screening. Madalyn landing apartments present...
Woodlake Village Apartments 1 Bedroom Apartment For Rent At 1700 Woodlake Drive Northeast,...
 20
Woodlake Village Apartments 1 Bedroom Apartment For Rent At 1700 Woodlake Drive Northeast,...
$880
Palm Bay, Florida - For Rent - Apartment - 700 sq.feet - 1 bedroom - 1 bathroom
Of palm bay, florida & the largest urban area in brevard county. Just off of palm bay road - adjacent to the harris corporation and renesas, woodlake village...
Woodlake Village Apartments 1 Bedroom Apartment For Rent At 1700 Woodlake Drive Northeast,...
 20
Woodlake Village Apartments 1 Bedroom Apartment For Rent At 1700 Woodlake Drive Northeast,...
$920
Palm Bay, Florida - For Rent - Apartment - 755 sq.feet - 1 bedroom - 1 bathroom
Of palm bay, florida & the largest urban area in brevard county. Just off of palm bay road - adjacent to the harris corporation and renesas, woodlake village...
Woodlake Village Apartments 2 Bedroom Apartment For Rent At 1700 Woodlake Drive Northeast,...
 20
Woodlake Village Apartments 2 Bedroom Apartment For Rent At 1700 Woodlake Drive Northeast,...
$1,095
Palm Bay, Florida - For Rent - Apartment - 1,050 sq.feet - 2 bedrooms - 2 bathrooms
Of palm bay, florida & the largest urban area in brevard county. Just off of palm bay road - adjacent to the harris corporation and renesas, woodlake village...
Woodlake Village Apartments 3 Bedroom Apartment For Rent At 1700 Woodlake Drive Northeast,...
 20
Woodlake Village Apartments 3 Bedroom Apartment For Rent At 1700 Woodlake Drive Northeast,...
$1,015
Palm Bay, Florida - For Rent - Apartment - 900 sq.feet - 3 bedrooms - 1 bathroom
Of palm bay, florida & the largest urban area in brevard county. Just off of palm bay road - adjacent to the harris corporation and renesas, woodlake village...