The median home in Palm Bay, Florida is valued at $298,296, down 4.6% year over year. Typical monthly rent is $1,838, producing a price-to-rent ratio of 13.5x — below the national average of 18x. Palm Bay is part of the Palm Bay-Melbourne-Titusville, FL metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$298,296

-4.6%

Rent$1,838/mo

Prices falling — better for buyers.

Affordability

Enter your income for Palm Bay.

Income (annual)

Down Payment

$59,659 on $298,296

Example: $75,000 household income. Change it above to see your own.

Stretch33.2% of income

Above 28% but manageable with cuts.

PITI$2,072

P/I33.2%

Afford$252K

Gap-$46K

P&I $1,508Tax $214Ins $350

Renting $234/mo cheaper ($1,838 rent)6.50% 30yr, 20% down, county tax + FL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Florida

Compare Palm Bay with other housing markets across Florida.

Jupiter Island$9.49M Golden Beach$7.5M Fisher Island$6.39M Lake Buena Vista$6.09M Jupiter Inlet Colony$3.62M Manalapan$3.57M Golf$2.87M Boca Grande$2.63M

Full Palm Bay-Melbourne-Titusville, FL analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Palm Bay-Melbourne-Titusville, FL metro.

View Palm Bay-Melbourne-Titusville, FL metro

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Palm Bay, FL