Cheap Apartments for Rent in the South Cove Neighborhood of Palm Bay, FL from $800 (25 Rentals)

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Search the lowest-cost Apartments available for rent right now in the South Cove area of Palm Bay.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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The Pines Apartments
1 to 2 Bedroom Apartments

The Pines Apartments

3016 Pinewood Dr NEPalm Bay, FL 32905
  • Utilities Included

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South Cove, Palm Bay, FL Local Guide

Cheapest Available South Cove Apartments for Rent

 

The cheapest available apartment rental in the South Cove area of Palm Bay, FL is a Studio unit found at Indian River Flats priced from $1,029. The Monroe on Monterey has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,301. Here are the most affordable South Cove apartments for rent in Palm Bay, FL:

Apartment ListingModel NameBed/BathPriced From
Indian River FlatsCoralStudio,1BA$1,029
The Monroe on MontereyA11BR,1BA$1,301
Palm Bay ClubB12BR,2BA$1,318
The BraxtonA11BR,1BA$1,395
Ascent of Palm BaySanibel2BR,2BA$1,396

Best Value Apartments for Rent in South Cove, FL

As of May 17, 2025 the best value apartment in the South Cove area is the $0.49 price per square foot 4x4 Student Apartment Model at Melbourne Commons in the in the South Cove neighborhood starting from $865. The second greatest value South Cove apartment is the Three Bedroom Apartment Model at Trillium starting at $2,008 with a $1.57 price per square foot in the South Cove neighborhood. Here is today’s list of the best values for South Cove apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Melbourne Commons4x4 Student Apartment4BR,4BA$0.49
TrilliumThree Bedroom Apartment3BR,2BA$1.57
Ascent of Palm BaySanibel2BR,2BA$1.25
Palm Bay ClubB12BR,2BA$1.27
Meri Palm BayB1R2BR,2BA$1.74
Mercury Cove Apartments2BR/1.0BA2BR,1BA$1.50
Woodlake Village2 Bed 1 Bath2BR,1BA$1.62
1875 Wabun Street Northeast, Unit Apt A1875 Wabun Street Northeast2BR,1BA$1.41
Westshore Palm BayLucine1BR,1BA$1.96
Aqua Palm BayAmelia1BR,1BA$1.89

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
South Cove, Palm Bay, FL

Ranked #1

Among neighborhoods in Palm Bay, FL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap South Cove Apartments

What is the Cheapest Studio apartment in South Cove?

Currently the most affordable Cheap Studio Apartment in South Cove is at Indian River Flats listed at $1,029.

How much is rent for a Cheap One Bedroom South Cove Apartment?

The lowest price for a Cheap One Bedroom South Cove Apartment is $1,139 at Indian River Flats.

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

Today's best deal for a Cheap Two Bedroom Apartment in South Cove is starting from $1,318 at Palm Bay Club.

What is the most affordable South Cove Three Bedroom Apartment?

The best deal on a cheap South Cove Three Bedroom Apartment rental is at Ascent of Palm Bay and starts from $1,523.

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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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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.