Palm Bay, FL Housing Statistics

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A+

4%

Med. Home Val. NAT. AVG.

15%

Rent NAT. AVG.

21%

Owner Occ. NAT. AVG.

Palm Bay Housing Information

Index	Palm Bay	Florida	National
Median home price	$314,273	$299,597	$326,622
Median rent asked	$1,665	$1,557	$1,444
Avg. people per household	2.9	2.6	2.6
Owner occupied households	76.9%	64.8%	63.6%
Renter occupied households	23.1%	35.2%	36.4%

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Housing Quick Facts

The median home price in Palm Bay is 4% lower than the national average.
The median rent asked in Palm Bay is 15% higher than the national average.
The average number of people per household in Palm Bay is 12% higher than the national average.
The number of owner occupied households in Palm Bay is 21% higher than the national average.
The number of renter occupied households in Palm Bay is 37% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Patrick AFB, FL	1,679	$0	100%
Micco, FL	9,300	$197,588	40%
Melbourne, FL	85,242	$329,343	1%
Roseland, FL	1,610	$369,209	13%
June Park, FL	5,056	$412,132	26%
Palm Bay, FL	116,937	$314,273	4%

Cities with similar population

	Population	Home Price	National Avg.
Clovis, CA	117,046	$600,284	84%
Carlsbad, CA	117,067	$1,533,340	369%
Spring Hill, FL	116,693	$285,739	13%
North Charleston, SC	117,218	$332,704	2%
El Monte, CA	116,590	$871,749	167%
Palm Bay, FL	116,937	$314,273	4%

Source: The Palm Bay, FL housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.