Cheap Apartments for Rent in Malabar, FL from $900 (26 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Malabar.

close
View Me
The Pines Apartments
1 to 2 Bedroom Apartments

The Pines Apartments

3016 Pinewood Dr NEPalm Bay, FL 32905
  • Utilities Inc.

Malabar, FL Local Guide

Cheapest Available Malabar Apartments for Rent

 

The cheapest available apartment rental in Malabar, FL is a 1 Bed unit found at Park at Palm Bay Apartments in the The Compound neighborhood priced from $1,035. Palm Side Apartments in the The Compound neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,150. Here is today’s list of the most affordable Malabar apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Park at Palm Bay ApartmentsOne Bedroom1BR,1BA$1,035
Palm Side ApartmentsStudio (Upgraded)Studio,1BA$1,150
Monroe on MontereyA1R1BR,1BA$1,190
Indian River FlatsJasper1BR,1BA$1,199
Woodlake Village1 Bed 1 Bath1BR,1BA$1,245
Palm Bay ClubB12BR,2BA$1,252
Ascent of Palm BaySanibel2BR,2BA$1,296
The BraxtonA11BR,1BA$1,300
Mercury Cove Apartments2BR/1.0BA2BR,1BA$1,495
The Pointe at Palm BayB12BR,2BA$1,584

Best Value Apartments for Rent in Malabar, FL

As of February 27, 2025 the best value apartment in the Malabar area is the $1.32 price per square foot Juniper Model at Ascent of Palm Bay in the in the South Cove neighborhood starting from $1,460. The second greatest value Malabar apartment is the B1 Model at Isla starting at $1,599 with a $1.52 price per square foot in the The Compound neighborhood. Here is today’s list of the best values for Malabar apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ascent of Palm BayJuniper2BR,1BA$1.32
IslaB12BR,2BA$1.52
Palm Bay ClubB12BR,2BA$1.21
Mercury Cove Apartments2BR/1.0BA2BR,1BA$1.50
The Pointe at Palm BayB12BR,2BA$1.72
Woodlake Village1 Bed 1 Bath1BR,1BA$1.78
Park at Palm Bay ApartmentsOne Bedroom1BR,1BA$1.58
The BraxtonA11BR,1BA$2.18
Monroe on MontereyA3R1BR,1BA$2.30
Indian River FlatsPearl1BR,1BA$2.54

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Malabar, FL Rentals by Map

View MapMalabar, FL Apartments MapView MapMalabar, FL Rental Homes Map

Getting Around Malabar, FL

Walk Score®

11 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

33 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Malabar Apartments

What is the Cheapest Studio apartment in Malabar?

Currently the most affordable Cheap Studio Apartment in Malabar is at Palm Side Apartments listed at $1,150.

How much is rent for a Cheap One Bedroom Malabar Apartment?

The lowest price for a Cheap One Bedroom Malabar Apartment is $1,035 at Park at Palm Bay Apartments.

What is the lowest price for a Cheap Two Bedroom Malabar Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Malabar is starting from $1,241 at Park at Palm Bay Apartments.

What is the most affordable Malabar Three Bedroom Apartment?

The best deal on a cheap Malabar Three Bedroom Apartment rental is at Park at Palm Bay Apartments and starts from $1,418.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.

decorative image for Signing Your Apartment Lease: The Basics article

Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.