Market Summary

Palm Bay, Brevard County, FL

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Median Home Price Price

$304,435 $304.4K

Median Monthly Rent Rent

$2,108 $2.1K

GRM

12.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Brevard County

Region Price Rent GRM Display
$268,932 $1,596 14.0x
$450,893 $1,947 19.0x
$369,592 $1,892 16.0x
$355,915 $1,956 15.0x
$291,959 $1,349 18.0x
$391,013 $2,066 16.0x

Home prices

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Monthly rent

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GRM

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Similar markets within FL outside of Brevard County

Region Price Rent GRM Display
$278,728 $1,413 16.0x
$287,069 $1,428 17.0x
$269,469 $1,631 14.0x
$349,420 $2,124 14.0x
$436,118 $2,251 16.0x
$392,566 $2,358 14.0x
$290,240 $1,870 13.0x
$302,121 $1,390 18.0x
$296,659 $2,110 12.0x
$290,564 $2,046 12.0x
$371,503 $2,241 14.0x
$300,469 $1,376 18.0x
$481,557 $2,016 20.0x
$343,492 $2,102 14.0x
$270,915 $1,920 12.0x
$340,566 $1,850 15.0x
$365,301 $2,203 14.0x
$727,887 $2,095 29.0x
$407,478 $2,654 13.0x
$809,616 $1,995 34.0x
$399,030 $1,850 18.0x
$292,447 $1,560 16.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of FL

Region Price Rent GRM Display
$243,849 $1,576 13.0x
$287,762 $1,959 12.0x
$259,007 $1,868 12.0x
$366,131 $2,423 13.0x
$361,705 $2,222 14.0x
$302,311 $2,308 11.0x
$315,981 $1,539 17.0x
$320,232 $2,491 11.0x
$402,162 $2,002 17.0x
$368,685 $2,350 13.0x
$283,239 $1,586 15.0x
$296,906 $2,131 12.0x
$322,100 $2,004 13.0x
$286,665 $2,146 11.0x
$571,341 $2,192 22.0x
$294,232 $1,854 13.0x
$386,938 $2,050 16.0x
$254,444 $1,960 11.0x

Home prices

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Monthly rent

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GRM

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Palm Bay

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Trend Insights

Median Rent in Palm Bay, FL is $2,108, with MoM change +$7 and YoY change -$7 showing mixed momentum while volatility is low (std $15).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Palm Bay, FL.

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Metric
Base market Palm Bay, FL
Compare market Select a market
Delta vs base
Median rent
$2,108
N/A
Median price
$304,435
N/A
YoY change
-$7
N/A
Price-to-rent
12.0x
Data unavailable
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