Last updated on July 21, 2026

Average rent in
Palmetto, FL

Key takeaways for renters

  • The bottom line

    Palmetto, FL rent slipped 8.3% year over year, with a current median of $2,200/month. Renters today are paying $227 less per month on average than last year, continuing a downward trend since the peak of $2,600 in April 2025.

  • Palmetto runs 13.1% more expensive than the $1,945/month national median, placing it above average in cost among smaller Florida metros with 75 total rentals available.

  • Rent ranges by bedroom

    Studios in Palmetto go for $1,200/month, 1-bedrooms for $1,570/month, and 2-bedrooms for $1,750/month, with 3-bedrooms at $2,290/month and 4+ bedrooms at $2,595/month. This range reflects the variety of bedroom sizes available to renters in the city.

Median rent

Median rent in Palmetto

$2,200/mo

decreased by8%

vs previous year

The average rent in Palmetto is $2,200 per month as of July 2026. This is 13% above the national average rent, or $255 more per month.

$1.51

average price per square foot

Total rentals

Available rentals in Palmetto

75

for rent on Zumper.com as of July 2026

Rent price distribution

Share of Palmetto rentals at each price point

75%56%38%19%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Palmetto, FL

Average rent prices in Palmetto have decreased by 6% over the last month and have decreased by 8% 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, FL

Rent prices in Palmetto vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Palmetto is $1,705, whereas a house costs $2,327. 1-bedroom apartments in Palmetto run $1,570 on average, while 2-bedroom apartments are $1,724.

Listings

Studio

$1,200

18%

-

1 bedroom

$1,570

7%

8%

2 bedroom

$1,750

5%

8%

3 bedroom

$2,290

2%

6%

4 bedroom

$2,595

4%

1%

Studio

Average rent

$1,200

Last 30 days

18%

1 bedroom

Average rent

$1,570

Last 30 days

7%

Last year

8%

2 bedroom

Average rent

$1,750

Last 30 days

5%

Last year

8%

3 bedroom

Average rent

$2,290

Last 30 days

2%

Last year

6%

4 bedroom

Average rent

$2,595

Last 30 days

4%

Last year

1%

The table above reflects average rent prices in Palmetto, 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, FL compare to other cities?

Compare median rent prices in Palmetto and Apollo Beach by all bedroom counts and property types.

Palmetto

Median rent price$2,200
increased by13%

higher than the national median

Median rent price$2,497
increased by28%

higher than the national median

Takeaway

The median rent for all rentals in Palmetto, FL is 12% lower than the median rent in Apollo Beach, FL.

Discover rentals in Palmetto, FL

522 10th St W #C - Photo 1 of 1

5d+ ago

Apartment for rent in Palmetto

2 Bedroom - The Crossings at Palmetto

522 10th St W #C, Palmetto, FL 34221

2 beds

1 bath

$1,349

Apartment for rent

Available Jun 27

518 12th St W #A - Photo 1 of 1

5d+ ago

Condo for rent in Palmetto

2 beds

1 bath

$1,350

Condo for rent

Available Mar 6

1208 12th Ave W - Photo 1 of 1

5d+ ago

Apartment for rent in Palmetto

Apartment for rent

319 & 321 9th St Dr W - Photo 1 of 1

21h ago

7.8

Very good

319 & 321 9th St Dr W

321 9th Street Dr W, Palmetto, FL 34221

3 beds

1 bath

$1,495

Apartment for rent

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Palmetto, FL

Quick answers to common questions about the Palmetto rental market.

How much is rent in Palmetto?

The average rent in Palmetto is $2,200 per month as of July 18, 2026.

Is rent up or down in Palmetto?

Average rent prices in Palmetto have decreased by 6% over the last month and have decreased by 8% since last year.

How does Palmetto rent compare to the national average?

Rent in Palmetto is 13% above the national average, which means renters are paying approximately $255 more per month.

What salary do I need to afford rent in Palmetto?

To comfortably afford rent in Palmetto, you'd need to earn approximately $88,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Palmetto?

Based on Zumper's July 2026 data, one-bedroom apartments in Palmetto average around $2,270/month and two-bedrooms approximately $2,100/month, both relatively stable year over year.

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).

Apartments for rent in Apollo Beach