Property prices for rent in Palm Bay (Florida)

The rent prices in real estate in Palm Bay, in the Florida region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.

$1,416.83
Average price last 6 months
$2.44
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Palm Bay has risen during the last 6 months. In February, the average price per sq.feet was $2.22. In the following month the price per sq.feet fell to $2.04. The price for the following two months in (April, May) had a considerable rise of 161 %. The price per sq.feet has had a considerable fall of 63 % 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 $2.78 to $1.76 during June, and July.

Average price

When referring to the price in Palm Bay (cities), this has risen in the last 6 months. In our first sample month during February, the average price is $1,359. In March This price remains at $1,367. In the following two months the average price has hardly changed with regard to the previous two months from $1,363 to $1,420. Based on an analysis of the first four prices and the last two months the average price has increased 105 % during the last two months.

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 $1,460 they are 32 % more affordable than the average price for Palm Bay . The properties with the highest average price have 4 bedrooms, Their price is 15 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,491.

With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $0.67 / sq.feet, with an average $0.95 / sq.feet price in Palm Bay. The properties with the most expensive average prices have 2 bedrooms. They are 755 % more expensive than the average followed by properties with 1 bedroom with a price at $3.07 / 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 $1,460 it is 26 % 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 $1,173 it is 8 % 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 $0.89 / sq.feet followed by "Condo" priced at $1.13 / sq.feet. "Commercial" is the most expensive type of property with a $9 / sq.feet value followed by "Apartment" with an average price of $1.36 / sq.feet.

Charts data
Average price July
Average price per sq.feet July
Number of properties used in Palm Bay
Number of properties used in region Florida
$1,460
$0.95
580
395,958
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
4 Bed, 2 Bath New Home Plan In Palm Bay, Fl
 8
4 Bed, 2 Bath New Home Plan In Palm Bay, Fl
$233,800
Palm Bay, Florida - For Sale - House - 1,876 sq.feet - 4 bedrooms - 2 bathrooms
This to-be-built home is the maple plan by maronda homes, and is located in the community of the bayridge. This plan home is priced from $233,800 and has 4...
3 Bed, 2 Bath New Home Plan In Palm Bay, Fl
 11
3 Bed, 2 Bath New Home Plan In Palm Bay, Fl
$221,900
Palm Bay, Florida - For Sale - House - 1,270 sq.feet - 3 bedrooms - 2 bathrooms
Of the palm bay. Special offer!: new completehome™ package from lgi homes!; now is the time... As lgi homes at palm bay presents the spacious and charming vero floor plan. This one...
3 Bed, 2 Bath New Home Plan In Palm Bay, Fl
 11
3 Bed, 2 Bath New Home Plan In Palm Bay, Fl
$232,900
Palm Bay, Florida - For Sale - House - 1,463 sq.feet - 3 bedrooms - 2 bathrooms
Of the palm bay. Special offer!: new completehome™ package from lgi homes!; now is the time... As lgi homes presents the caladesi floor plan at palm bay!. This beautiful, 3-bedroom...
3 Bed, 2 Bath New Home Plan In Palm Bay, Fl
 13
3 Bed, 2 Bath New Home Plan In Palm Bay, Fl
$249,900
Palm Bay, Florida - For Sale - House - 1,680 sq.feet - 3 bedrooms - 2 bathrooms
Of the palm bay. Special offer!: new completehome™ package from lgi homes!; now is the time... As lgi homes is proud to present the brickell floor plan in the city of palm bay...
4 Bed, 2 Bath New Home Plan In Palm Bay, Fl
 15
4 Bed, 2 Bath New Home Plan In Palm Bay, Fl
$258,900
Palm Bay, Florida - For Sale - House - 1,851 sq.feet - 4 bedrooms - 2 bathrooms
Of the palm bay. Special offer!: new completehome™ package from lgi homes!; now is the time... Bathroom. Best of all, the city of palm bay offers residents a premier location with convenient...