Rent-to-Own Homes in Palm Bay, FL: What You Need to Know
Palm Bay is a dream destination with glistening clear blue waters and unmatched coastal sunsets. It’s part of the greater “Space Coast” of Florida, which spans 72 miles of coastline, starting from Titusville down to Palm Bay. As the “Bass Fishing Capital of the World”, the city’s residents eat well and keep active under its eternal sunshine.
The Cost of Living in Palm Bay
Palm Bay is truly a hidden gem. Its cost of living is 8% lower than Florida’s average, while its crime rates are 17% below the national average. Even better, its housing market is 28% less than the US average. Locals could enjoy tons of vacations with their savings, but they don’t need to since they already live in paradise.
While the surrounding Space Coast cities attract young people and vacationers, Palm Bay is a haven for family life. A majority of its 115,552 residents are part of families with children under 18. If you’re considering a rent-to-own home in this tropical city, you’d be surrounded by a welcoming community full of friendship opportunities.
Palm Bay’s Attractions
This coastal city can be as laid-back or action-packed as you please. To start, its beaches and wildlife are world-class. Palm Bay proudly boasts several conservation areas where you can witness the untouched beauty of its turquoise beaches, mangrove forests, and sea turtles. Instead, Melbourne Beach is more lively, with both upscale and laidback eateries paired with breathtaking sunsets along the western shoreline. History buffs will appreciate the Juan Ponce de Leon Landing and the Old Town Hall History Center, which showcase the city’s cultural roots.
Palm Bay’s year-round sunshine and warm weather mean outdoor sports are always on. Locals enjoy kayaking, scuba diving, paddling, and fishing all right in their backyards. The Grapefruit Bike Trails offer intermediate-to-advanced mountain bike paths through the exotic woods of the area. Dynamic Max K. Rodes Park brings the community together on 134 acres of sports fields, pavilions, playgrounds, boardwalks, nature preserves, and a fishing pier.
Weather and Climate
Naturally, a major reason people relocate to Palm Bay is for its desirable weather. Most of the year remains around a pleasant 70° F. Summer highs peak in the 90s, while the winter gets a bit chilly with lows in the 40s. Though it’s in the Sunshine State, Palm Bay receives more rain than most of the country, at an average of 54 inches annually.