Average Rent in Palmetto Bay, FL and Rent Price Trends

Rent trends in Palmetto Bay, FL

Average rent prices in Palmetto Bay have increased by 1% over the last month and have decreased by 37% 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 $2,450, whereas a house costs $5,250. 1-bedroom apartments in Palmetto Bay run $2,204 on average, while 2-bedroom apartments are $2,500.


Studio	$1,300	3%	11%
1 bedroom	$1,700	2%	9%
2 bedroom	$2,350	3%	8%
3 bedroom	$3,647	7%	5%
4 bedroom	$8,375	13%	16%

		Listings
Palmetto Bay	$3,650


Apartments	$2,450	11%	No Change
Condos	$1,790	2%	No Change
Houses	$5,250	9%	No Change

Studio

Average rent

$1,300

Last 30 days

Last year

11%

1 bedroom

Average rent

$1,700

Last 30 days

Last year

2 bedroom

Average rent

$2,350

Last 30 days

Last year

3 bedroom

Average rent

$3,647

Last 30 days

Last year

4 bedroom

Average rent

$8,375

Last 30 days

13%

Last year

16%

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

Median rent price$3,650

87%

higher than the national median

Median rent price$3,425

76%

higher than the national median

Takeaway

The median rent for all rentals in Palmetto Bay, FL is 7% higher than the median rent in Country Walk, FL.

Average rent in nearby cities

Explore rent trends in neighboring markets

$3,425

$2,600

$2,550

$8,500

$3,600

$2,825

$7,500

$2,300

$2,750

$2,500

$3,000

$3,500

Discover rentals in Palmetto Bay, FL

5d+ ago

Condo for rent in Palmetto Bay

17255 Sw 95th Ave #132, Palmetto Bay, FL 33157

2 beds

1 bath

$1,950

Condo for rent

4d ago

House for rent in Palmetto Bay

Villa, Country - Palmetto Bay, FL

16601 Sw 83rd Ct #3, Palmetto Bay, FL 33157

2 beds

1 bath

$2,000

House for rent

5d+ ago

Condo for rent in Palmetto Bay

17255 Sw 95th Ave, Palmetto Bay, FL 33157

2 beds

1 bath

$2,000

Condo for rent

5d+ ago

Apartment for rent in Palmetto Bay

14500 Sw 88th Ave #163, Palmetto Bay, FL 33176

2 beds

2 baths

$2,200

Apartment for rent

5d+ ago

Condo for rent in Palmetto Bay

17255 Sw 95th Ave #208, Palmetto Bay, FL 33157

2 beds

1 bath

$2,200

Condo for rent

5d+ ago

Townhouse for rent in Palmetto Bay

Townhouse - Palmetto Bay, FL

15832 Sw 91st Ct #B, Palmetto Bay, FL 33157

2 beds

1.5 baths

$2,300

House for rent

15391 S Dixie Hwy 60 Hwy #60 - Photo 1 of 1

5d+ ago

Condo for rent in Palmetto Bay

Condominium - Palmetto Bay, FL

15391 S Dixie Hwy 60 Hwy #60, Palmetto Bay, FL 33157

2 beds

2 baths

$2,300

Condo for rent

5d+ ago

House for rent in Palmetto Bay

Villa - Palmetto Bay, FL

9400 Sw 169th St #00, Palmetto Bay, FL 33157

3 beds

2 baths

$2,700

House for rent

Stay up to date with rental market insights

National Rent Report

Canadian Rent Report

Annual Rent Report

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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 $3,650 per month as of June 20, 2026.

Is rent up or down in Palmetto Bay?

Average rent prices in Palmetto Bay have increased by 1% over the last month and have decreased by 37% since last year.

How does Palmetto Bay rent compare to the national average?

Rent in Palmetto Bay is 87% above the national average, which means renters are paying approximately $1,700 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 $146,000/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?

Palmetto Bay's 2025 rental market shows one-bedroom apartments averaging around $1,900 per month, while two-bedroom units average around $2,400 monthly. These figures reflect the current pricing structure across the Florida community's rental inventory.

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).