What is the median home price in Palm Bay, FL?

The median home value in Palm Bay, FL is approximately $248,000, with median rent around $1,487/mo (U.S. Census ACS). Palm Bay is in Brevard County.

What is the cost of living like in Palm Bay, FL?

Palm Bay has a median household income near $67,521 against a median home value of $248,000 and median rent of $1,487/mo. Florida's state income tax is None and effective property tax runs around 0.79%.

Can I use Remote Prop View in Palm Bay, FL?

Yes. Remote Prop View's market data, demographics, and scam-aware research tools work nationwide. Our deep property search, comparable sales, and TruReport verification packet currently focus on the Dallas-Fort Worth, TX metro.

Palm Bay, FL Real Estate

Palm Bay is a city in Brevard County, Florida with a population of about 125,273. The median home value is near $248,000, and median rent runs around $1,487/mo.

Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.

Median Home Value

$248,000

Median Rent

$1,487/mo

Population

125,273

Median Income

$67,521

Median Age

41.3

Homeownership

79.4%

Monthly payment on a median Palm Bay home

Example for a $248,000 home: 20% down, 30-yr at ~6.75%, FL property tax ~0.79%, 0.4% insurance.

Est. monthly (PITI)

$1,533

Principal & interest

$1,287

Property tax / mo

$163

Down payment (20%)

$49,600

Palm Bay at a glance

14.4% of residents 25+ hold a bachelor's degree or higher.
79.4% of occupied homes are owner-occupied.
Median household income is $67,521.
Always verify the assigned school district, flood zone, and HOA for a specific address before signing.

Other Florida cities

Jacksonville →Miami →Tampa →Orlando →St. Petersburg →Hialeah →

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