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Statistics · City
estimate
Median rent in Palm Bay
2013 – 2024 · 12 data points
210 of 367 · Towns of Florida
Updated Oct 26, 2026
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024
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Tourism
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Climate
8 figures
Latest value · 2024
$1,601
+7.7%
since 2023 ± $71 · margin of error
Towns of Florida · 2024
210 of 367
Place 1 is the highest value.
since 2014
+72%
+5.1% a year on average
vs Brevard County
+2.9%
Brevard County: $1,556 · 2024
Median rent, 2013 – 2024 US Dollar · Palm Bay · Brevard County · Florida · United States
+72% since 2014
$800
$1,000
$1,200
$1,400
$1,600
$1,800
2013
2016
2018
2020
2024
Palm Bay
Brevard County
Florida
United States
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024
Compared with Median rent · US Dollar
Source: U.S. Census Bureau, American Community Survey 5-year estimates
The series at a glance Palm Bay · 2013 – 2024
Latest value
$1,601 · 2024
First value
$931 · 2013
Highest
$1,601 · 2024
Lowest
$929 · 2014
Average change
+5.1% a year on average
Data points
12
By year
All years · 2013 – 2024
| Year | Palm Bay | ± | Change | Brevard County | Florida | United States |
|---|---|---|---|---|---|---|
| 2024estimate | $1,601 | $71 | +7.7% | $1,556 | $1,669 | $1,413 |
| 2023estimate | $1,487 | $61 | +11% | $1,456 | $1,564 | $1,348 |
| 2022estimate | $1,345 | $44 | +10% | $1,327 | $1,444 | $1,268 |
| 2021estimate | $1,220 | $47 | +11% | $1,185 | $1,301 | $1,163 |
| 2020estimate | $1,101 | $29 | +4.0% | $1,111 | $1,218 | — |
| 2019estimate | $1,059 | $32 | +3.1% | $1,068 | $1,175 | — |
| 2018estimate | $1,027 | $33 | +3.6% | $1,018 | $1,128 | — |
| 2017estimate | $991 | $34 | +4.4% | $971 | $1,077 | — |
| 2016estimate | $949 | $26 | +2.2% | $936 | $1,032 | — |
| 2015estimate | $929 | $35 | ±0.0% | $909 | $1,002 | — |
| 2014estimate | $929 | $25 | −0.2% | $904 | $998 | — |
| 2013estimate | $931 | $31 | $899 | $990 | — |
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024
Ranking · Towns of Florida
2024 · Place 1 is the highest value.
| # | Territory | Median rent | |
|---|---|---|---|
| 1 | Homosassa | $3,501 | |
| 2 | Key Biscayne | $3,501 | |
| 3 | Longboat Key | $3,501 | |
| 4 | Siesta Key | $3,501 | |
| 5 | Nocatee | $3,501 | |
| 6 | Belleair Beach | $3,501 | |
| 7 | Highland Beach | $3,501 | |
| 8 | South Beach | $3,501 | |
| 9 | Hillsboro Beach | $3,346 | |
| 10 | Parkland | $3,157 | |
| 11 | Jupiter Farms | $3,092 | |
| 12 | Duck Key | $2,974 | |
| 13 | Redington Beach | $2,938 | |
| 14 | Weston | $2,851 | |
| 15 | St James City | $2,829 | |
| 16 | Bal Harbour | $2,804 | |
| 17 | Southwest Ranches | $2,733 | |
| 18 | Doral | $2,669 | |
| 19 | Tierra Verde | $2,665 | |
| 20 | Miami Shores | $2,657 | |
| 21 | Indian Shores | $2,650 | |
| 22 | Cooper City | $2,648 | |
| 23 | Wellington | $2,562 | |
| 24 | Shalimar | $2,551 | |
| 25 | Juno Beach | $2,527 | |
| … | |||
| 207 | Orange City | $1,607 | |
| 208 | Venice | $1,606 | |
| 209 | South Miami Heights | $1,605 | |
| 210 | Palm Bay | $1,601 | |
| 211 | Lake Park | $1,600 | |
| 212 | Temple Terrace | $1,594 | |
| 213 | Stuart | $1,586 | |
| … |
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2024
What it means
The monthly rent in the middle of all rented homes.
How it is calculated
Median gross rent per month including utilities, from the survey.