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Palm Bay, Florida is a great option for people who are considering leasing opportunities. This city is in a great location on the east central coast of Florida and has promising employment prospects, business-minded people and affordable living options. Those who are considering a lease in the city of Palm Bay Florida should consider the following information.

The City

Palm Bay is a part of Brevard County and is home to a population of approximately 104,898 people. Palm Bay was founded in the 1850’s when explorers settled along Turkey Creek and continued to grow thanks to the the building of the railroad in 1894.

In 2008 Palm Bay was ranked as the 11th most innovative city in the nation by Forbes magazine, and people flock to the area to enjoy its sandy beaches and relaxed lifestyle. If you look take a stroll through the city, you’ll be intrigued and inspired by its natural and architectural beauty.

Popular Palm Bay neighborhoods include Palm Bay Colony, Highland Colony, Sleepy Hollow, Parkside West, and Bridgewater at Bayside Lakes.

The Economy

Palm Bay’s current job growth sits at 1.54% with an unemployment rate of 6.90%. It is predicted that over the next ten years, Palm Bay will experience an employment growth rate of approximately 36.20%, significantly higher than the rest of the United States. Those looking for employment will find that there are many opportunities in the aerospace industry, and the short drive to Orlando also offers additional opportunities.

Palm Bay is ranked #130 on the Forbes list of Best Places for Business and Careers.

Ready to find a home? Use the search feature above to see homes that are available to lease in the Palm Bay area.


Our Palm Bay office:
620-6 Malabar Road
Palm Bay, FL 32909
(321) 473-0160
Fax: (321)-473-0159