Cheap Homes for Rent in South Cove Neighborhood of Palm Bay, FL from $600 (17 Rentals)

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

Search the lowest-cost Homes 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.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

property at 740 Angle St NE

740 Angle St NE

Palm BayFL32909

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.

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 16, 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

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

Frequently Asked Questions about South Cove

What type of rentals are currently available in South Cove?

There are currently 78 Apartments for Rent in South Cove, FL with pricing that ranges from $880 to $20,790. There are also 93 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Cove ranging from $675 to $9,800.

What is the current price range for Rental Homes in South Cove?

Today's rental pricing for Homes for Rent, Condos and Townhomes in South Cove ranges from $675 to $9,800 with an average monthly rent of $3,583.

How much are larger Three and Four Bedroom Rentals in South Cove?

For those who are looking for larger living arrangements, Three Bedroom Apartments in South Cove range from $1,512 to $7,780, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $5,500. Four Bedroom Single-Family rentals are also available starting from $1,885 and Four Bedroom Apartments start at $880.

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

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.

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

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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

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.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

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.