
Cheap Apartments for Rent in the The Compound Neighborhood of Palm Bay, FL from $900 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in the The Compound area of Palm Bay.


Madalyn Landing

Malabar Cove Apartments

Park at Palm Bay Apartments
The Compound, Palm Bay, FL Local Guide

How much does it cost to rent an apartment in The Compound?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
The Compound Studio Apartments | $1,067 | $985 | $1,150 |
The Compound 1 Bedroom Apartments | $1,598 | $1,046 | $2,052 |
The Compound 2 Bedroom Apartments | $1,803 | $1,255 | $2,162 |
The Compound 3 Bedroom Apartments | $1,890 | $1,315 | $2,596 |
The Compound 4 Bedroom Apartments | $1,962 | $1,899 | $2,034 |
Browse Apartments in this Neighborhood
There are currently 5 rentals with your search options within a 3 mile radius of the The Compound Neighborhood of Palm Bay, FL.
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The Compound, Palm Bay, FL Local Guide
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Cheapest Available The Compound Apartments for Rent
 The cheapest available apartment rental in the The Compound area of Palm Bay, FL is a Studio unit found at Palm Side Apartments priced from $1,150. Malabar Cove Apartments has the second lowest priced unit, which is a 3 Beds apartment currently listed from $1,315. Here are the most affordable The Compound apartments for rent in Palm Bay, FL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Palm Side Apartments | Studio (Upgraded) | Studio,1BA | $1,150 |
Malabar Cove Apartments | Three Bedroom Two Bath (B) | 3BR,2BA | $1,315 |
Madalyn Landing | 1 Bed/1 Bath | 1BR,1BA | $1,350 |
Best Value Apartments for Rent in The Compound, FL
As of March 26, 2025 the best value apartment in the The Compound area is the $1.01 price per square foot Three Bedroom Two Bath (B) Model at Malabar Cove Apartments in the in the The Compound neighborhood starting from $1,315. The second greatest value The Compound apartment is the B1 Model at Isla starting at $1,749 with a $1.66 price per square foot in the The Compound neighborhood. Here is today’s list of the best values for The Compound apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Malabar Cove Apartments | Three Bedroom Two Bath (B) | 3BR,2BA | $1.01 |
Isla | B1 | 2BR,2BA | $1.66 |
Madalyn Landing | 1 Bed/1 Bath | 1BR,1BA | $1.89 |
The Pointe at Palm Bay | A1 | 1BR,1BA | $2.18 |
Palm Side Apartments | Studio (Upgraded) | Studio ,1BA | $3.83 |
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Best Local Schools in The Compound, Palm Bay, FL
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Best Local Schools in The Compound, Palm Bay, FL
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Frequently Asked Questions about Cheap The Compound Apartments
What is a cheap apartment in The Compound?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in The Compound is under $1,965.
What is the price of a cheap apartment in The Compound?
The cheapest apartment in The Compound is Palm Side Apartments which is listed at $1,185, while the average apartment in The Compound costs $1,959.
What types of apartments are the cheapest in The Compound?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 14 regular apartments in The Compound that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in The Compound?
Cheap apartments in The Compound have an average cost of $978 which is $981 cheaper than the average rent for all rentals in The Compound.
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.

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.

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.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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.