Bedroom count
Property type
Last updated on November 4, 2026
Average rent in
Palmetto Bay, FL
Average rent in
Last updated on November 4, 2026
Bedroom count
Property type
Key takeaways for renters
The bottom line
Palmetto Bay, FL rent fell 31.1% year over year, with a current median of $3,099/month. Renters today are paying $1,401 less per month on average than last year, following a decline from the peak of $5,000/month in October 2025.
Vs. national rents
Palmetto Bay runs roughly 1.6× the $1,900/month national median, placing it among pricier metro areas despite the recent cooldown in rents.
Price ranges
Studios in Palmetto Bay rent for $1,200/month, 1-bedrooms for $1,650/month, and 2-bedrooms for $2,400/month, with 3-bedrooms at $3,900/month and 4+ bedrooms reaching $7,150/month.
Neighborhood spotlight
Houses rent for a median of $4,998/month, while apartments are $2,358/month. The inventory is mostly houses at 62.4%, with apartments making up 23.5%.
Median rent
Median rent in Palmetto Bay
$3,099/mo
31%vs previous year
The average rent in Palmetto Bay is $3,099 per month as of October 2026. This is 63% above the national average rent, or $1,199 more per month.
average price per square foot
Total rentals
Available rentals in Palmetto Bay
84
for rent on Zumper.com as of October 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 increased by 4% over the last month and have decreased by 31% 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 $2,358, whereas a house costs $4,997. 1-bedroom apartments in Palmetto Bay run $1,700 on average, while 2-bedroom apartments are $2,467.
Listings | ||||
|---|---|---|---|---|
Studio | $1,200 | No Change | No Change | |
1 bedroom | $1,650 | No Change | 6% | |
2 bedroom | $2,400 |  2% | 20% | |
3 bedroom | $3,900 | 8% | 7% | |
4 bedroom | $7,150 | 4% | 4% |
Listings | ||
|---|---|---|
Palmetto Bay | $3,099 |
Listings | ||||
|---|---|---|---|---|
Apartments | $2,358 | 4% | 2% | |
Condos | $1,900 | No Change | 6% | |
Houses | $4,997 | 9% | 18% | |
Rooms | $1,250 | - | - |
Studio
Average rent
$1,200
1 bedroom
Average rent
$1,650
Last year
6%
2 bedroom
Average rent
$2,400
Last 30 days
2%
Last year
20%
3 bedroom
Average rent
$3,900
Last 30 days
8%
Last year
7%
4 bedroom
Average rent
$7,150
Last 30 days
4%
Last year
4%
Palmetto Bay
Average rent
$3,099
Apartments
Average rent
$2,358
Last 30 days
4%
Last year
2%
Condos
Average rent
$1,900
Last year
6%
Houses
Average rent
$4,997
Last 30 days
9%
Last year
18%
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
63%higher than the national median
74%higher than the national median
Takeaway
The median rent for all rentals in Palmetto Bay, FL is 6% lower than the median rent in Country Walk, FL.
Average rent in nearby cities
Explore rent trends in neighboring markets
$3,300
2%$2,572
4%$2,500
$8,500
13%$2,745
8%$2,794
2%$4,695
36%$2,200
12%$2,500
10%$2,300
8%$2,900
3%$2,700
10%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
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Condo for rent
5d+ ago
Apartment for rent in Palmetto Bay
17255 Sw 95th Ave #356, Palmetto Bay, FL 33157
2 beds
1 bath
$1,850
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
5d+ ago
Townhouse for rent in Palmetto Bay
15389 S Dixie Hwy #34, Palmetto Bay, FL 33157
2 beds
1.5 baths
$1,900
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.House for rent
Available Oct 15
5d+ ago
Condo for rent in Palmetto Bay
15391 S Dixie Hwy 60 Hwy #60, Palmetto Bay, FL 33157
2 beds
2 baths
$1,975
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.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
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.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
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.House for rent
5d+ ago
House for rent in Palmetto Bay
14850 Old Cutler Rd, Palmetto Bay, FL 33158
4 beds
5.5 baths
$15,000
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.House for rent
5d+ ago
House for rent in Palmetto Bay
7345 Sw 152nd St, Palmetto Bay, FL 33157
5 beds
3.5 baths
$13,200
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.House for rent
5h ago
Verified
18155 Sw 98th Avenue Rd, Palmetto Bay, FL 33157
2–4 beds
2–3 baths
$3,099–$3,887
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.Apartment for rent
Available Nov 2
3h ago
9500 Sw 174th St, Palmetto Bay, FL 33157
Studio–3 beds
1–2 baths
$2,156–$5,699
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
1d ago
House for rent in Palmetto Bay
9759 Sw 183rd St, Palmetto Bay, FL 33157
4 beds
2 baths
$3,400
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.House for rent
Available Nov 3
5d+ ago
House for rent in Palmetto Bay
8522 Sw 148th Ter #8522, Palmetto Bay, FL 33158
5 beds
3 baths
$7,300
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.House for rent
Available Oct 10
5h ago
Verified
18155 Sw 98th Avenue Rd, Palmetto Bay, FL 33157
2–4 beds
2–3 baths
$3,099–$3,887
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.Apartment for rent
Available Nov 2
1d ago
Verified
4 beds
2 baths
$3,576
Price dropped $165Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.House for rent
Available Nov 16
5d+ ago
House for rent in Palmetto Bay
8010 Sw 139th Ter, Palmetto Bay, FL 33158
3 beds
2 baths
$6,900
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.House for rent
5d+ ago
Condo for rent in Palmetto Bay
14500 Sw 88th Ave #222, Palmetto Bay, FL 33176
1 bed
1 bath
$1,600
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Condo for rent
5h ago
Verified
18155 Sw 98th Avenue Rd, Palmetto Bay, FL 33157
2–4 beds
2–3 baths
$3,099–$3,887
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.Apartment for rent
Available Nov 2
1d ago
Verified
4 beds
2 baths
$3,576
Price dropped $165Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.House for rent
Available Nov 16
1d ago
Townhouse for rent in Palmetto Bay
15820 Sw 91st Ct #C, Palmetto Bay, FL 33157
2 beds
1.5 baths
$2,300
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.House for rent
4d ago
House for rent in Palmetto Bay
16425 Sw 75th Ave, Palmetto Bay, FL 33157
3 beds
2 baths
$4,600
Price dropped $300Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.House for rent
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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 $3,099 per month as of October 31, 2026.
Is rent up or down in Palmetto Bay?
Average rent prices in Palmetto Bay have increased by 4% over the last month and have decreased by 31% since last year.
How does Palmetto Bay rent compare to the national average?
Rent in Palmetto Bay is 63% above the national average, which means renters are paying approximately $1,199 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 $124,000/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).