Last updated on June 6, 2026

Average rent in
Palmetto, FL

Key takeaways for renters

  • Where Palmetto rent stands today

    Palmetto, FL rent is essentially flat year over year, with a current median of $2,299/month. Renters are paying $116 less per month on average than last year, following a peak of $2,600/month in April 2025.

  • Palmetto sits 17.9% more expensive than the $1,950/month national median, placing it above average in cost among U.S. metros with a total of 86 rentals available.

  • Price ranges

    Studios in Palmetto rent for around $1,150/month, 1-bedrooms at $1,575/month, and 2-bedrooms at $1,800/month, with 3-bedrooms at $2,235/month and 4+ bedrooms at $2,600/month. This range reflects the diversity of bedroom options available to renters.

Median rent

Median rent in Palmetto

$2,299/mo

Flat

vs previous year

The average rent in Palmetto is $2,299 per month as of June 2026. This is 18% above the national average rent, or $349 more per month.

$1.56

average price per square foot

Total rentals

Available rentals in Palmetto

86

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Palmetto rentals at each price point

80%60%40%20%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 remained the same over the last month and have remained the same 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 $1,896, whereas a house costs $2,385. 1-bedroom apartments in Palmetto run $1,655 on average, while 2-bedroom apartments are $1,898.

Listings

Studio

$1,150

12%

-

1 bedroom

$1,575

No Change

17%

2 bedroom

$1,800

3%

1%

3 bedroom

$2,235

No Change

7%

4 bedroom

$2,600

No Change

3%

Studio

Average rent

$1,150

Last 30 days

12%

1 bedroom

Average rent

$1,575

Last 30 days

No Change

Last year

17%

2 bedroom

Average rent

$1,800

Last 30 days

3%

Last year

1%

3 bedroom

Average rent

$2,235

Last 30 days

No Change

Last year

7%

4 bedroom

Average rent

$2,600

Last 30 days

No Change

Last year

3%

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$2,299
increased by18%

higher than the national median

Median rent price$2,518
increased by29%

higher than the national median

Takeaway

The median rent for all rentals in Palmetto, FL is 9% lower than the median rent in Apollo Beach, FL.

Discover rentals in Palmetto, FL

501 11th St W #A - Photo 1 of 1

5d+ ago

Apartment for rent in Palmetto

2 Bedroom - The Crossings at Palmetto

501 11th St W #A, Palmetto, FL 34221

2 beds

1 bath

$1,349

Apartment for rent

Available May 18

518 12th St W - Photo 1 of 1

3d ago

House for rent in Palmetto

House for rent

516 12th St W #A - Photo 1 of 1

3d ago

Condo for rent in Palmetto

2 beds

1 bath

$1,350

Condo for rent

Available May 14

529 20th St W #D - Photo 1 of 1

5d+ ago

House for rent in Palmetto

House (Attached) - Palmetto, FL

529 20th St W #D, Palmetto, FL 34221

2 beds

1 bath

$1,375

House 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 $2,299 per month as of June 4, 2026.

Is rent up or down in Palmetto?

Average rent prices in Palmetto have remained the same over the last month and have remained the same since last year.

How does Palmetto rent compare to the national average?

Rent in Palmetto is 18% above the national average, which means renters are paying approximately $349 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 $92,000/year, based on spending no more than 30% of your income on rent.

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

Palmetto's 2025 rental market shows both one-bedroom and two-bedroom apartments averaging around $2,300 per month. The overall average rent across all bedroom types in Palmetto is around $2,400 monthly.

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