Cheap Homes for Rent in The Compound Neighborhood of Palm Bay, FL from $1,300 (53 Rentals)

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Search the lowest-cost Homes available for rent right now in the The Compound area of Palm Bay.

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

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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. Madalyn Landing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,306. 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
Madalyn Landing1 Bed/1 Bath1BR,1BA$1,306
The Pointe at Palm BayA11BR,1BA$1,459
Malabar Cove ApartmentsFour Bedroom Three Bath4BR,3BA$2,019

Best Value Apartments for Rent in The Compound, FL

As of May 14, 2025 the best value apartment in the The Compound area is the $1.28 price per square foot Four Bedroom Three Bath Model at Malabar Cove Apartments in the in the The Compound neighborhood starting from $2,019. The second greatest value The Compound apartment is the 1 Bed/1 Bath Model at Madalyn Landing starting at $1,309 with a $1.84 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.
Malabar Cove ApartmentsFour Bedroom Three Bath4BR,3BA$1.28
Madalyn Landing1 Bed/1 Bath1BR,1BA$1.84
The Pointe at Palm BayA11BR,1BA$2.13
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.

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Frequently Asked Questions about The Compound

What type of rentals are currently available in The Compound?

There are currently 13 Apartments for Rent in The Compound, FL with pricing that ranges from $985 to $2,735. There are also 240 Single Family Homes for rent, Condos, and Townhome rentals currently available in The Compound ranging from $1,300 to $4,100.

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 $1,300 to $4,100 with an average monthly rent of $2,318.

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 $1,454 to $2,584, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $2,995. Four Bedroom Single-Family rentals are also available starting from $1,990 and Four Bedroom Apartments start at $1,895.

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.