10

Newest Homes for Rent in Malabar, FL

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  • /5

    $2,100 Per Month

    • 3 Beds
    • 2 Baths
    • House for Rent

    730 Cobblestone Ln NE, Palm Bay, FL 32905

    Welcome to this charming 3 bedroom / 2 bath move-in-ready home in the heart of Palm Bay! This well-maintained home has an inviting open-concept layout that seamlessly connects the living room and kitchen, creating a bright and welcoming space for everyday living or entertaining. The updated kitchen is equipped with brand-new stainless-steel appliances, and a washer and dryer are included. Recent

    730 Cobblestone Ln NE, Palm Bay, FL 32905
  • /41

    $2,150 Per Month

    • 4 Beds
    • 2 Baths
    • 1,316 Sq Ft
    • House for Rent

    668 Hampton Dr NE, Palm Bay, FL 32905

    Beautifully Updated 4BR/2BA/1 Car garage nested in NE Palm Bay. This spacious & bright open living/dining layout creates a seamless flow throughout the home. The impressive modern kitchen features stylish cabinets, subway tile backsplash, newer appliances, and ample counter space. Primary bedroom features updated bath with tiled shower and newer vanity. Three great size guest bedrooms for your

    Vanna Rickard Peninsula Property Group

    668 Hampton Dr NE, Palm Bay, FL 32905
  • /4

    $1,875

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,421 Sq Ft
    • House for Rent

    731 Apollo Cir NE, Palm Bay, FL 32905

    3 bedrooms 2 bathroom. Pool home with big back yard

    731 Apollo Cir NE, Palm Bay, FL 32905
  • /19

    $1,450 Per Month

    • 2 Beds
    • 2 Baths
    • 784 Sq Ft
    • House for Rent

    1984 Agora Cir SE, Palm Bay, FL 32909

    Welcome home! This charming 2-bedroom, 2-bath condo unit offers the comfort of apartment living without the busy community setting — enjoy a quieter, cozier lifestyle. The spacious living and dining combo welcomes you in with plenty of natural light. The kitchen features upgraded cabinetry and comes equipped with a washer and dryer for added convenience.Nestled in the Palm Bay area, this home

    1984 Agora Cir SE, Palm Bay, FL 32909
  • /20

    $1,250 Per Month

    • 2 Beds
    • 1 Bath
    • 862 Sq Ft
    • Apartment for Rent

    421 Mercury Ave SE Unit 8, Palm Bay, FL 32909

    Very Nice 2 bedroom and 1 bath end unit on second floor (top). This apartment has been updated with new vinyl plank flooring in all areas except the bedrooms, which have new carpet. The appliances, include a refrigerator, range, a dishwasher and a stacking washer/dryer. Small interior laundry room also features a tankless water heater for immediate hot water and utility cost savings. Interior is

    Terry Pate Watson Realty Corp

    421 Mercury Ave SE Unit 8, Palm Bay, FL 32909
  • /14

    $1,300 Per Month

    • 2 Beds
    • 1 Bath
    • 950 Sq Ft
    • Apartment for Rent

    1895 Convair St SE Unit 2202, Palm Bay, FL 32909

    Cozy 2 bedroom, 1 bathroom on second floor with assigned parking. Open and bright, plenty of cabinet space, laminate flooring, water, sewer, and interior pest control included with rent! Community has a convenient laundromat on site. All residents are enrolled in the Resident Benefits Package at a cost of $55 a month, in addition to the monthly rent. This package includes HVAC air filter

    Dawn Ostovich Osto Property Management

    1895 Convair St SE Unit 2202, Palm Bay, FL 32909
  • /10

    $1,100 Per Month

    • 1 Bed
    • 1 Bath
    • 650 Sq Ft
    • Apartment for Rent

    1961 Convair St SE Unit 102, Palm Bay, FL 32909

    Welcome to easy Florida living in this charming 1-bedroom, 1-bath apartment located in desirable Palm Bay. This well-maintained home offers a bright, open layout with comfortable living and dining space, perfect for relaxing or entertaining. The spacious bedroom provides a peaceful retreat with ample closet space, while the bathroom is clean and functional with modern finishes. Enjoy a practical

    Timothy Briel Realty World Curri Properties

    1961 Convair St SE Unit 102, Palm Bay, FL 32909
  • /5

    $1,275 Per Month

    • 2 Beds
    • 1 Bath
    • 850 Sq Ft
    • Apartment for Rent

    499 Thor Ave SE Unit 3, Palm Bay, FL 32909

    Cute 2-bedroom, 1-bath unit available for rent in a quiet 8-unit community. The kitchen offers ample cabinet space with a breakfast bar opening to the living area. Centrally located near shopping, dining, Eastern Florida State College, local shops, restaurants, and easy access to I-95.

    Maria Portunato SpaceTown Property Solutions

    499 Thor Ave SE Unit 3, Palm Bay, FL 32909
  • /14

    $1,250 Per Month

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft
    • Apartment for Rent

    440 Mercury Ave SE Unit E, Palm Bay, FL 32909

    Come see this beautifully updated 2nd story unit located in Palm Bay. Close to I95, shopping, restaurants, hospital. The features of this home include two bedrooms, one bathroom, living / dining area, kitchen with stainless steel appliances, pantry and updated cabinets. There is vinyl plank flooring throughout living areas. The living room has a slider with access to the balcony. Also tenants

    Lykim Wengert RE/MAX Elite

    440 Mercury Ave SE Unit E, Palm Bay, FL 32909
  • /14

    $1,475 Per Month

    • 1 Bed
    • 1 Bath
    • 672 Sq Ft
    • Condo for Rent

    4714 Overlook Dr NE, Palm Bay, FL 32905

    Fully remodeled throughout 1-bedroom, 1-bathroom unit in NE Palm Bay with washer and dryer included in the unit. Brand new kitchen and bathroom. 6 months minimum. Located directly across from the Indian River, this home offers modern updates throughout. Close to Turkey Creek, Goode Park Boat Ramp, L3 Harris, Raytheon, and major attractions like Cocoa Beach and Disney World. Includes 1 assigned

    Agent Photo

    David Andai

    Compass Florida LLC

    (321) 461-5604

    4714 Overlook Dr NE, Palm Bay, FL 32905

Frequently Asked Questions

How much does it cost to rent a home in Malabar, FL?
The median rent for a home in Malabar, FL is $2,400 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Malabar, FL?
To comfortably afford the median rent in Malabar, FL, a household needs to earn roughly $96,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,400 per month in Malabar, FL, renters typically need to show $7,200 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Malabar, FL?
In Malabar, FL, the price-to-rent ratio is 20.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Malabar, FL are best for renting a home?
The best neighborhood for renting in Malabar, FL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Port Malabar, Floridana Beach, Bayside Lakes, Paradise Beach and Barefoot Bay, each with its own character and price range.

Rental Home Trends in Malabar, FL

Rental Home Trends

Number of Homes for Rent
10
Median Rent
$2,400
Median Single Family Home Rent
$2,513
Median Condo Rent
$2,400
How to Rent a Home