Cheap Homes for Rent in Malabar, FL from $600 (25 Rentals)

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

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

property at 740 Angle St NE

740 Angle St NE

Palm BayFL32909
property at 1665 Avery Rd NE

1665 Avery Rd NE

Palm BayFL32905

Malabar, FL Local Guide

Cheapest Available Malabar Apartments for Rent and Nearby

 

The cheapest available apartment rental in Malabar, FL is a Studio unit found at Indian River Flats in the South Cove neighborhood priced from $1,049. 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
Indian River FlatsCoralStudio,1BA$1,049
Palm Side ApartmentsStudio (Upgraded)Studio,1BA$1,150
The Monroe on MontereyA11BR,1BA$1,287
Palm Bay ClubB12BR,2BA$1,304
Mercury Cove Apartments2BR/1.0BA2BR,1BA$1,395

Best Value Apartments for Rent in Malabar, FL and Nearby

As of April 25, 2025 the best value apartment in the Malabar area is the $1.30 price per square foot Sanibel Model at Ascent of Palm Bay in the in the South Cove neighborhood starting from $1,446. The second greatest value Malabar apartment is the B1 Model at Isla starting at $1,799 with a $1.71 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 BaySanibel2BR,2BA$1.30
IslaB12BR,2BA$1.71
Palm Bay ClubB12BR,2BA$1.26
Mercury Cove Apartments2BR/1.0BA2BR,1BA$1.40
1700 Forest2 Bedroom2BR,2BA$1.70
Woodlake Village2 Bed 1 Bath2BR,1BA$1.62
4111 Tree Ridge Ln NE, Unit 41214111 Tree Ridge Ln NE2BR,1BA$1.70
The Pointe at Palm BayA11BR,1BA$2.13
The BraxtonA11BR,1BA$2.35
The Monroe on MontereyA3R1BR,1BA$2.33

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Frequently Asked Questions about Malabar

What type of rentals are currently available in Malabar?

There are currently 55 Apartments for Rent in Malabar, FL with pricing that ranges from $985 to $3,850. There are also 118 Single Family Homes for rent, Condos, and Townhome rentals currently available in Malabar ranging from $675 to $5,500.

What is the current price range for Rental Homes in Malabar?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Malabar ranges from $675 to $5,500 with an average monthly rent of $1,890.

How much are larger Three and Four Bedroom Rentals in Malabar?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Malabar range from $1,454 to $3,012, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $4,000. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $1,980.

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.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.