Bedroom count
Property type
Last updated on August 5, 2026
Average rent in
Palmetto Bay, FL
Average rent in
Last updated on August 5, 2026
Bedroom count
Property type
Key takeaways for renters
The bottom line
Palmetto Bay, FL rent fell 5.0% year over year, with a current median of $4,560/month. Renters today are paying $253 less per month on average than last year.
Compared to national trends
Palmetto Bay rents are 135.1% more expensive than the $1,940/month national median. This positions Palmetto Bay as a pricy market despite having only 68 total rentals available.
Rent ranges by bedroom
Studio rents in Palmetto Bay sit around $3,000/month, 1-bedrooms at $1,650/month, 2-bedrooms at $2,415/month, 3-bedrooms at $4,192/month, and 4+ bedrooms reach $8,400/month. The inventory is mostly larger units, with 4+ bedrooms making up 36.5% of rentals.
Median rent
Median rent in Palmetto Bay
$4,560/mo
5%vs previous year
The average rent in Palmetto Bay is $4,560 per month as of August 2026. This is 135% above the national average rent, or $2,620 more per month.
average price per square foot
Total rentals
Available rentals in Palmetto Bay
68
for rent on Zumper.com as of August 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 9% over the last month and have decreased by 5% 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 $2,200, whereas a house costs $6,925. 1-bedroom apartments in Palmetto Bay run $1,750 on average, while 2-bedroom apartments are $2,500.
Listings | ||||
|---|---|---|---|---|
Studio | $3,000 | 2% |  36% | |
1 bedroom | $1,650 | 6% | 17% | |
2 bedroom | $2,415 | 4% | 13% | |
3 bedroom | $4,192 | 5% | 9% | |
4 bedroom | $8,400 | 8% | 17% |
Listings | ||
|---|---|---|
Palmetto Bay | $4,560 |
Listings | ||||
|---|---|---|---|---|
Apartments | $2,200 | 38% | No Change | |
Condos | $1,875 | 5% | No Change | |
Houses | $6,925 | 3% | No Change |
Studio
Average rent
$3,000
Last 30 days
2%
Last year
36%
1 bedroom
Average rent
$1,650
Last 30 days
6%
Last year
17%
2 bedroom
Average rent
$2,415
Last 30 days
4%
Last year
13%
3 bedroom
Average rent
$4,192
Last 30 days
5%
Last year
9%
4 bedroom
Average rent
$8,400
Last 30 days
8%
Last year
17%
Palmetto Bay
Average rent
$4,560
Apartments
Average rent
$2,200
Last 30 days
38%
Condos
Average rent
$1,875
Last 30 days
5%
Houses
Average rent
$6,925
Last 30 days
3%
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
135%higher than the national median
72%higher than the national median
Takeaway
The median rent for all rentals in Palmetto Bay, FL is 36% higher than the median rent in Country Walk, FL.
Average rent in nearby cities
Explore rent trends in neighboring markets
$3,342
5%$2,600
4%$2,550
$8,500
$3,150
9%$2,800
17%$5,900
15%$2,175
5%$2,500
11%$2,400
3%$3,000
4%$3,400
1%Discover rentals in Palmetto Bay, FL
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
Condo for rent in Palmetto Bay
17255 Sw 95th Ave #132, Palmetto Bay, FL 33157
2 beds
1 bath
$1,950
Condo for rent
5d+ ago
Condo for rent in Palmetto Bay
16601 Sw 83rd Ct #3, Palmetto Bay, FL 33157
2 beds
1 bath
$2,000
Condo 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
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
$16,000
House for rent
5d+ ago
House for rent in Palmetto Bay
7945 Sw 141st Ter, Palmetto Bay, FL 33158
5 beds
3 baths
$15,000
House for rent
5d+ 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
1h ago
Verified
18155 Sw 98th Avenue Rd, Palmetto Bay, FL 33157
2–4 beds
2–3 baths
$3,199–$4,560
Price drop
Apartment for rent
Available Aug 5
1d ago
Verified
18101 Sw 83rd Ct, Palmetto Bay, FL 33157
4 beds
3 baths
$4,845
$4,725
Price drop
House for rent
Available Jul 14
14h ago
9500 Sw 174th St, Palmetto Bay, FL 33157
Studio–3 beds
1–2 baths
$2,070–$5,480
Apartment for rent
23h ago
House for rent in Palmetto Bay
4 beds
2 baths
$5,600
House for rent
1h ago
Verified
18155 Sw 98th Avenue Rd, Palmetto Bay, FL 33157
2–4 beds
2–3 baths
$3,199–$4,560
Price drop
Apartment for rent
Available Aug 5
1d ago
Verified
18101 Sw 83rd Ct, Palmetto Bay, FL 33157
4 beds
3 baths
$4,845
$4,725
Price drop
House for rent
Available Jul 14
5d+ ago
Townhouse for rent in Palmetto Bay
18155 Sw 98th Ave #ARIA, Palmetto Bay, FL 33157
4 beds
3.5 baths
$4,561
House for rent
14h ago
9500 Sw 174th St, Palmetto Bay, FL 33157
Studio–3 beds
1–2 baths
$2,070–$5,480
Apartment for rent
1h ago
Verified
18155 Sw 98th Avenue Rd, Palmetto Bay, FL 33157
2–4 beds
2–3 baths
$3,199–$4,560
Price drop
Apartment for rent
Available Aug 5
1d ago
Verified
18101 Sw 83rd Ct, Palmetto Bay, FL 33157
4 beds
3 baths
$4,845
$4,725
Price drop
House for rent
Available Jul 14
14m ago
Condo for rent in Palmetto Bay
8701 Sw 141st St #H3, Palmetto Bay, FL 33176
2 beds
2 baths
$2,300
Condo for rent
18m ago
House for rent in Palmetto Bay
15340 Sw 85th Ave, Palmetto Bay, FL 33157
4 beds
2 baths
$6,950
$6,500
Price drop
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 $4,560 per month as of August 1, 2026.
Is rent up or down in Palmetto Bay?
Average rent prices in Palmetto Bay have decreased by 9% over the last month and have decreased by 5% since last year.
How does Palmetto Bay rent compare to the national average?
Rent in Palmetto Bay is 135% above the national average, which means renters are paying approximately $2,620 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 $182,000/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?
Based on Zumper's July 2026 data, one-bedroom apartments in Palmetto Bay average around $1,770/month and two-bedrooms approximately $2,220/month.
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).