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Apartments for rent in Malabar, FL

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Living In Malabar, FL

Malabar, a small town in Florida, has a population of slightly less than 3,000. Retirees make up a greater percentage of the population (25%) here than nationally (14%), while young professionals account for a smaller percentage of the town. Overall, the town's population, at an average age of just over 46, is older than most cities in Florida. Home ownership is more common than renting in Malabar, and 9% of residents rent. With a relatively low average rent of $1,031/month in the town, renting remains an affordable option, particularly compared to other cities in Florida. Over the course of a year, renters in Malabar will save around $1,500 compared to the state average.

Workers are spread across a plethora of industries in Malabar, the most common four of which are retail, healthcare, manufacturing, and entertainment. Combined, these industries account for 27% of the town's workforce. Meanwhile, in terms of job function, 7% of residents work in management, which ranks as the top career path in the town. Malabar workers take home an average annual income of about $75K, about $8,000 more than their peers elsewhere in Florida. The town's average income, however, is roughly on par with the national average ($73,345). Malabar has a relatively large percentage of residents older than 25 who have earned Bachelor's degrees (18%) compared to the national average (13%). Further, 25% possess a Bachelor's, Master's, Professional, or Doctoral degree.

With an average commute time of about 26 minutes, quicker than most cities in the state, Malabar residents find that traveling to work isn't overly time-consuming. Many residents (42%) drive to work, while public transit isn't widely used. Not many residents walk to work.


Frequently Asked Questions About Malabar

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How Can I Tour Virtually During Covid19 & Social Distancing?

You can virtually tour any apartment by using our Malabar, FL Virtual Tours filter. All properties in this filter contain either a 3d tour or a video tour.

Do you need a pet-friendly Malabar apartment?

If you have a dog or cat, you'll need to find an apartment in Malabar that accepts pets. Apply Apartment Guide's pet friendly filter to see only Malabar apartments that accept pets. Remember to read the apartment's specific guidelines for acceptable pet breeds and weights if applicable.
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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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