Land and home values in Palm Bay, FL
Palm Bay is a city in Brevard County, Florida, home to about 130,132 people. Residential land runs about $2.69 per sq ft, the typical home is worth about $286,000, and a 2-bedroom rents for about $1,840 a month, as of October 12, 2026.
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| Land: residential | $2.69 | per sq ft |
| Land: residential | $117,264 | per acre |
| Land: quarter-acre lot | $29,316 | 10,890 sq ft |
| Home: typical (median) | $286,000 | value |
| Home: entry-level | $221,000 | lower quartile |
| Home: upper-end | $382,000 | upper quartile |
| Build new | $157 | per sq ft, no land |
| Rent: 1-bedroom | $1,580 | per month |
| Rent: 2-bedroom | $1,840 | per month |
| Rent: 3-bedroom | $2,490 | per month |
| Rent: 4-bedroom | $2,820 | per month |
| Gross yield, 2-bed | 7.7% | a year |
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Questions people ask
How much is land worth in Palm Bay, FL?
Residential land in Palm Bay, FL is about $2.69 per square foot, or $117,264 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $29,316. Smaller lots sell for more per square foot and large tracts for less.
What is the typical home value in Palm Bay, FL?
The typical (median) home in Palm Bay, FL is worth about $286,000, with entry-level homes around $221,000 and upper-end homes around $382,000, as of October 2026.
How much is rent in Palm Bay, FL?
A 2-bedroom rents for about $1,840 a month in Palm Bay, FL, a 1-bedroom about $1,580 and a 3-bedroom about $2,490 (gross rent including utilities, HUD Fair Market Rent basis).
Is this an appraisal?
No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.