Rent by ZIP · Brevard County
Rent in Palm Bay, FL 32907
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,060 (+6.7% vs FY2026). Renters in this ZIP code pay a median $1,897 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,540 | $1,430 | +7.7% | $1,386–1,694 | – |
| 1 bedroom | $1,770 | $1,670 | +6% | $1,593–1,947 | – |
| 2 bedrooms | $2,060 | $1,930 | +6.7% | $1,854–2,266 | $1,712 ±$152 |
| 3 bedrooms | $2,760 | $2,630 | +4.9% | $2,484–3,036 | $1,869 ±$172 |
| 4 bedrooms | $3,140 | $2,990 | +5% | $2,826–3,454 | $2,288 ±$414 |
Small Area FMRs for the Palm Bay-Melbourne-Titusville, FL MSA. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Palm Bay-Melbourne-Titusville, FL MSA, 2 bedrooms: $1,779.
What renters pay in 32907
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 32908 | Palm Bay | $2,150 | – |
| 32905 | Palm Bay | $1,670 | $1,501 |
| 32909 | Palm Bay | $1,800 | $1,395 |
| 32904 | Melbourne | $2,110 | $1,874 |
| 32903 | Indialantic | $2,090 | $1,828 |
| 32901 | Melbourne | $1,770 | $1,523 |
Fair Market Rents across Brevard County, FL · All FL counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.