Cheap Homes for Rent in The Compound Neighborhood of Palm Bay, FL from $900 (8 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 The Compound area of Palm Bay.

The Compound, Palm Bay, FL Local Guide

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 ListingModel NameBed/BathPriced From
Palm Side ApartmentsStudio (Upgraded)Studio,1BA$1,150
Malabar Cove ApartmentsThree Bedroom Two Bath (B)3BR,2BA$1,315
Madalyn Landing1 Bed/1 Bath1BR,1BA$1,344

Best Value Apartments for Rent in The Compound, FL

As of March 28, 2025 the best value apartment in the The Compound area is the $1.02 price per square foot 130 Appleby St NE Model at 130 Appleby St NE in the in the The Compound neighborhood starting from $2,450. The second greatest value The Compound apartment is the Three Bedroom Two Bath (B) Model at Malabar Cove Apartments starting at $1,315 with a $1.01 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 ListingModel NameBed/BathPrice Per Sq.Ft.
130 Appleby St NE130 Appleby St NE4BR,2.5BA$1.02
Malabar Cove ApartmentsThree Bedroom Two Bath (B)3BR,2BA$1.01
IslaB12BR,2BA$1.71
Madalyn Landing1 Bed/1 Bath1BR,1BA$1.88
The Pointe at Palm BayA11BR,1BA$2.18
Palm Side ApartmentsStudio (Upgraded)Studio ,1BA$3.83

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 The Compound

What type of rentals are currently available in The Compound?

There are currently 22 Apartments for Rent in The Compound, FL with pricing that ranges from $985 to $2,596. There are also 193 Single Family Homes for rent, Condos, and Townhome rentals currently available in The Compound ranging from $995 to $3,750.

What is the current price range for Rental Homes in The Compound?

Today's rental pricing for Homes for Rent, Condos and Townhomes in The Compound ranges from $995 to $3,750 with an average monthly rent of $2,001.

How much are larger Three and Four Bedroom Rentals in The Compound?

For those who are looking for larger living arrangements, Three Bedroom Apartments in The Compound range from $1,315 to $2,596, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $2,600. Four Bedroom Single-Family rentals are also available starting from $1,970 and Four Bedroom Apartments start at $1,899.

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 Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

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.