Palm Bay, FL Rental Market for Investors
An estimated 65% of Palm Bay's active listings could cash-flow as a short-term rental — here's what the numbers say for investors, as of August 2026.
Homes in Palm Bay that pencil right now
A sample of active Palm Bay listings whose DSCR clears 1.25 using short-term rental income projections we accept as a direct lender. These are spread across the price range, not ranked, and current as of August 2026.
$155,000DSCR 1.502 bed · 2.5 bath · 1,140 sqft
- STR revenue
- $35,498/yr
- Est. interest-only payment
- $1,573/mo
On the market 191 days · Listed by Lokation Real Estate
Scout this home & market: 2-bed townhouse in Palm Bay
$179,990DSCR 1.423 bed · 2 bath · 1,180 sqft
- STR revenue
- $33,834/yr
- Est. interest-only payment
- $1,584/mo
On the market 31 days · Listed by Keller Williams Rlty of Brvd
Scout this home & market: 3-bed house in Palm Bay
$210,000DSCR 1.873 bed · 2 bath · 1,128 sqft
- STR revenue
- $33,223/yr
- Est. interest-only payment
- $1,182/mo
On the market 88 days · Listed by DABAR & ASSOCIATES REAL ESTATE
Scout this home & market: 3-bed house in Palm Bay
$230,000DSCR 2.082 bed · 2 bath · 888 sqft
- STR revenue
- $40,976/yr
- Est. interest-only payment
- $1,313/mo
On the market 90 days · Listed by Innovative Realty Florida, Inc
Scout this home & market: 2-bed house in Palm Bay
$275,000DSCR 1.293 bed · 2 bath · 1,225 sqft
- STR revenue
- $34,014/yr
- Est. interest-only payment
- $1,752/mo
On the market 137 days · Listed by Real Broker, LLC
Scout this home & market: 3-bed house in Palm Bay
$295,000DSCR 1.514 bed · 1.5 bath · 1,547 sqft
- STR revenue
- $38,222/yr
- Est. interest-only payment
- $1,685/mo
On the market 81 days · Listed by Exclusively Yours Realty
Scout this home & market: 4-bed house in Palm Bay
$295,000DSCR 1.273 bed · 2 bath · 1,536 sqft
- STR revenue
- $35,591/yr
- Est. interest-only payment
- $1,873/mo
On the market 213 days · Listed by Real Broker, LLC
Scout this home & market: 3-bed house in Palm Bay
$298,000DSCR 1.473 bed · 2 bath · 1,388 sqft
- STR revenue
- $43,030/yr
- Est. interest-only payment
- $1,957/mo
On the market 111 days · Listed by Karr Professional Group P.A.
Scout this home & market: 3-bed house in Palm Bay
$314,900DSCR 1.283 bed · 2 bath · 1,270 sqft
- STR revenue
- $34,895/yr
- Est. interest-only payment
- $1,820/mo
On the market 38 days · Listed by LGI Realty-Florida LLC
Scout this home & market: 3-bed house in Palm Bay
As of August 2026, we analyzed 1,227 active for-sale homes in Palm Bay, Florida. The typical listing is priced at $359,000 and is projected to generate about $36,020 a year as a short-term rental.
After setting aside an estimated 20% for operating costs, an estimated 64.8% of those homes could still cover an investor mortgage payment on short-term-rental income — well above the 52.5% median across the 200 major metros we track, ranking Palm Bay #47 of 200 for cash-flow potential.
On market momentum: homes in Palm Bay sit a median of 65 days on the market, and 28% of active listings came on in just the last 30 days — a steadily paced market, which shapes how much room there is to negotiate.
For a DSCR loan — which qualifies on the property's rental income rather than your personal income — that's a relatively healthy setup: in Palm Bay, a meaningful share of listings throw off enough short-term-rental income, after costs, to cover an estimated investor mortgage payment.
What actually works in Palm Bay
Palm Bay works for investors, but the window is specific: 249 of the 1,057 Palm Bay homes, condos and townhomes we can price confidently clear a DSCR of 1.25. Nine in ten of them are priced under $366,000.
| Price | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|
| $150k–$250k | 63%1.33 | 89%1.66 | — | — |
| $250k–$350k | 13%1.17 | 36%1.20 | 39%1.19 | — |
| $350k–$500k | — | 5%0.94 | 9%1.03 | 12%1.02 |
| $500k+ | — | 0%0.62 | 0%0.69 | 0%0.75 |
Darker means a larger share of that group cash-flows. “—” means fewer than 8 active listings — too few to draw a conclusion from.
Palm Bay in full
| Active for-sale homes analyzed | 1,227 |
|---|---|
| Median list price | $359,000 |
| Median projected STR revenue (annual, gross) | $36,020 |
| Median average daily rate (ADR) | $166 |
| Median occupancy | 60% |
| Median beds | 4 |
| Median size | 1,830 sqft |
| Estimated cash-flow-positive share | 64.8% |
| Median days on market | 65 days |
| New listings (last 30 days) | 27.5% of active |
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