Bedroom count
Property type
Last updated on September 19, 2026
Average rent in
Palmetto Bay, FL
Average rent in
Last updated on September 19, 2026
Bedroom count
Property type
Key takeaways for renters
The bottom line
Palmetto Bay, FL rent fell 38.1% year over year, with a current median of $3,000/month. Renters today are paying $699 less per month on average than last year as the market continues to cool after a peak in late 2025.
Vs. national rents
Palmetto Bay rents run roughly 1.6× the $1,900/month national median, placing it in the higher price tier among U.S. metros despite the recent decline.
Rent ranges by bedroom
Studios in Palmetto Bay rent for $1,350/month, 1-bedrooms for $1,650/month, 2-bedrooms for $2,350/month, 3-bedrooms for $3,545/month, and 4+ bedrooms reach $7,000/month. This range reflects the variety of unit sizes available to renters.
Median rent
Median rent in Palmetto Bay
$3,000/mo
38%vs previous year
The average rent in Palmetto Bay is $3,000 per month as of September 2026. This is 58% above the national average rent, or $1,100 more per month.
average price per square foot
Total rentals
Available rentals in Palmetto Bay
71
for rent on Zumper.com as of September 2026
Rent price distribution
Share of Palmetto Bay rentals at each price point
Rent trends in Palmetto Bay, FL
Average rent prices in Palmetto Bay have decreased by 8% over the last month and have decreased by 38% since last year.
Rent trends
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Compare rent prices in
Palmetto Bay, FL
Rent prices in Palmetto Bay vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Palmetto Bay is $2,350, whereas a house costs $6,000. 1-bedroom apartments in Palmetto Bay run $1,750 on average, while 2-bedroom apartments are $2,350.
Listings | ||||
|---|---|---|---|---|
Studio | $1,350 | 14% | 38% | |
1 bedroom | $1,650 |  6% | 15% | |
2 bedroom | $2,350 | 2% | 6% | |
3 bedroom | $3,545 | 4% | 14% | |
4 bedroom | $7,000 | 1% | 3% |
Listings | ||
|---|---|---|
Palmetto Bay | $3,034 |
Listings | ||||
|---|---|---|---|---|
Apartments | $2,350 | 4% | No Change | |
Condos | $1,815 | 2% | No Change | |
Houses | $6,000 | 6% | No Change | |
Rooms | $1,250 | - | - |
Studio
Average rent
$1,350
Last 30 days
14%
Last year
38%
1 bedroom
Average rent
$1,650
Last 30 days
6%
Last year
15%
2 bedroom
Average rent
$2,350
Last 30 days
2%
Last year
6%
3 bedroom
Average rent
$3,545
Last 30 days
4%
Last year
14%
4 bedroom
Average rent
$7,000
Last 30 days
1%
Last year
3%
Palmetto Bay
Average rent
$3,034
Apartments
Average rent
$2,350
Last 30 days
4%
Condos
Average rent
$1,815
Last 30 days
2%
Houses
Average rent
$6,000
Last 30 days
6%
Rooms
Average rent
$1,250
The table above reflects average rent prices in Palmetto Bay, FL, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
How does rent in Palmetto Bay, FL compare to other cities?
Compare median rent prices in Palmetto Bay and Country Walk by all bedroom counts and property types.
Palmetto Bay
58%higher than the national median
74%higher than the national median
Takeaway
The median rent for all rentals in Palmetto Bay, FL is 9% lower than the median rent in Country Walk, FL.
Average rent in nearby cities
Explore rent trends in neighboring markets
$3,300
2%$2,600
5%$2,500
$8,000
2%$2,450
5%$2,750
1%$5,775
22%$2,475
1%$2,550
1%$2,350
$3,000
1%$2,697
7%Discover rentals in Palmetto Bay, FL
5d+ ago
Condo for rent in Palmetto Bay
17255 Sw 95th Ave #K132, Palmetto Bay, FL 33157
2 beds
1 bath
$1,750
Condo for rent
5d+ ago
Condo for rent in Palmetto Bay
17255 Sw 95th Ave #211, Palmetto Bay, FL 33157
2 beds
1 bath
$1,850
Condo for rent
5d+ ago
Townhouse for rent in Palmetto Bay
15389 S Dixie Hwy #34, Palmetto Bay, FL 33157
2 beds
2.5 baths
$1,950
House for rent
Available Sep 13
5d+ ago
Condo for rent in Palmetto Bay
16601 Sw 83rd Ct #3, Palmetto Bay, FL 33157
2 beds
1 bath
$1,950
Condo for rent
5d+ ago
House for rent in Palmetto Bay
7485 Sw 179th St #0, Palmetto Bay, FL 33157
5 beds
5 baths
$17,000
House for rent
5d+ ago
Townhouse for rent in Palmetto Bay
6226 Paradise Point Dr, Palmetto Bay, FL 33157
4 beds
4.5 baths
$15,500
House for rent
11h ago
House for rent in Palmetto Bay
14850 Old Cutler Rd, Palmetto Bay, FL 33158
5 beds
5.5 baths
$15,000
House for rent
5d+ ago
House for rent in Palmetto Bay
7345 Sw 152nd St, Palmetto Bay, FL 33157
5 beds
3.5 baths
$13,800
House for rent
1d ago
Verified
18155 Sw 98th Avenue Rd, Palmetto Bay, FL 33157
2–4 beds
2–3 baths
$3,069–$3,959
Apartment for rent
Available Sep 19
4d ago
Verified
3 beds
2 baths
$2,885
House for rent
Available Sep 17
13h ago
9500 Sw 174th St, Palmetto Bay, FL 33157
Studio–3 beds
1–2 baths
$2,150–$5,587
Price drop
Apartment for rent
1d ago
House for rent in Palmetto Bay
8130 Sw 136th St, Palmetto Bay, FL 33156
3 beds
2 baths
$4,800
House for rent
Available Sep 1
4d ago
Verified
4 beds
2 baths
$3,850
House for rent
Available Nov 13
1d ago
Verified
18155 Sw 98th Avenue Rd, Palmetto Bay, FL 33157
2–4 beds
2–3 baths
$3,069–$3,959
Apartment for rent
Available Sep 19
4d ago
Verified
3 beds
2 baths
$2,885
House for rent
Available Sep 17
5d+ ago
Townhouse for rent in Palmetto Bay
18155 Sw 98th Ave #ARIA, Palmetto Bay, FL 33157
4 beds
3.5 baths
$4,590
House for rent
1d ago
Verified
18155 Sw 98th Avenue Rd, Palmetto Bay, FL 33157
2–4 beds
2–3 baths
$3,069–$3,959
Apartment for rent
Available Sep 19
1h ago
House for rent in Palmetto Bay
9360 Sw 168th St #0, Palmetto Bay, FL 33157
2 beds
1 bath
$2,200
House for rent
13h ago
9500 Sw 174th St, Palmetto Bay, FL 33157
1–3 beds
1–2 baths
$2,305–$5,587
Price drop
Apartment for rent
2d ago
House for rent in Palmetto Bay
78 ave SW 195th #0, Palmetto Bay, FL 33157
1 bed
1 bath
$1,450
House for rent
Stay up to date with rental market insights
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Frequently asked questions for Palmetto Bay, FL
Quick answers to common questions about the Palmetto Bay rental market.
How much is rent in Palmetto Bay?
The average rent in Palmetto Bay is $3,000 per month as of September 12, 2026.
Is rent up or down in Palmetto Bay?
Average rent prices in Palmetto Bay have decreased by 8% over the last month and have decreased by 38% since last year.
How does Palmetto Bay rent compare to the national average?
Rent in Palmetto Bay is 58% above the national average, which means renters are paying approximately $1,100 more per month.
What salary do I need to afford rent in Palmetto Bay?
To comfortably afford rent in Palmetto Bay, you'd need to earn approximately $120,000/year, based on spending no more than 30% of your income on rent.
When is the best time of year to rent in Palmetto Bay?
April and December offer the best rental deals in Palmetto Bay, with April seeing the lowest rents and December being the least competitive month. July has the highest rents, running approximately 26% higher than April prices.
Methodology
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).