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Apartments for Rent in Palmetto Bay, FL
28 Rentals Available

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Average rent in Palmetto Bay, FL

$1,691/mo Palmetto Bay, FL average rental price, January 2023
Image Average Rent

The average monthly rent of apartments in Palmetto Bay, FL is $1,691.

Palmetto Bay, FL apartment rent ranges

About 23% of apartment rents in Palmetto Bay, FL range between $1,501-$2,000. Meanwhile, apartments priced over > $2,000 represent 23% of apartments. Around 51% of Palmetto Bay’s apartments are in the $1,001-$1,500 price range. 2% of apartments are priced between $701-$1,000.

Palmetto Bay, FL rent trends

Check out the average rent prices in Palmetto Bay by neighborhood.

Compared to the national average rent of $1,727, the average rent in Palmetto Bay, FL is $1,691.

Getting around in Palmetto Bay, FL

13 /100
Car-Dependent
19 /100
Minimal Transit
30 /100
Somewhat Bikeable
Walk Score®: 13, Transit Score®: 19, Bike Score®: 30

Frequently asked questions

When were prices and availability in Palmetto Bay, FL last updated?

Prices and availability in Palmetto Bay, FL were last updated on 3 Feb 2023.

What are the best apartments in Palmetto Bay, FL?

The best apartments in Palmetto Bay, FL are: Indigo Palmetto Bay and Bay Village1.

What is the average rent in Palmetto Bay, FL?

The average rent in Palmetto Bay, FL is $1,691. Start your search for apartments in Palmetto Bay, FL now.

What is the price range for a studio apartment in Palmetto Bay, FL?

The price range for a studio apartment in Palmetto Bay, FL is between $2,068 and $2,873. View all studio apartments in Palmetto Bay, FL.

What is the price range for a 1-bedroom apartment in Palmetto Bay, FL?

The price range for a 1-bedroom apartment in Palmetto Bay, FL is between $2,173 and $3,299. Browse all available 1-bedroom apartments in Palmetto Bay, FL now.

What is the price range for a 2-bedroom apartment in Palmetto Bay, FL?

The price range for a 2-bedroom apartment in Palmetto Bay, FL is between $2,450 and $4,409. Browse and find a 2-bedroom apartment in Palmetto Bay, FL.

What is the price range for a 3-bedroom apartment in Palmetto Bay, FL?

The price range for a 3-bedroom apartment in Palmetto Bay, FL is between $3,118 and $6,393. Browse all available 3-bedroom apartments in Palmetto Bay, FL.

What type of rental buildings are in Palmetto Bay, FL?

In Palmetto Bay, 20% of the residents are renting compared to 80% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 18% of Palmetto Bay’s rentals, 51% are small-scale complexes with under 50 units, and 31% are single-family rentals.

What do typical apartment communities look like in Palmetto Bay, FL?

The average age of rental buildings in Palmetto Bay is 41 years old, with 22% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 4 stories, of which 76% are garden-style apartment communities, 24% are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

What apartment floorplans are common in Palmetto Bay, FL?

Studio apartments in Palmetto Bay are around 8% of rentals, while 1-bedroom floor plans represent 48% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 35% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.

Palmetto Bay, FL demographics

Palmetto Bay, FL has a population of 24,308 according to the most recent data from the U.S. Census Bureau. 11,802 of Palmetto Bay’s residents are women and 12,506 are men. The median age of those who live in Palmetto Bay, FL is 40.4.

Palmetto Bay, FL households

  • 6,177 Family
    1,277 Non-family
  • 2,861 Children
    4,593 No Children
  • 7,454Total Number of Households
  • 3.26Average People Per Household
  • $123,235Median Household Income

According to U.S. Census data, there are 7,454 households in Palmetto Bay, FL. 6,177 are family households and 1,277 are non-family households. There are 2,861 households with children in Palmetto Bay and 4,593 households without children. On average, about 3.26 people live in a household in Palmetto Bay, FL.

Palmetto Bay, FL education statistics

The level of education of the population of Palmetto Bay, FL is as follows: 3% have no high school education, 14% completed some high school, 21% partially completed college, 9% have an Associate Degree, 30% have a Bachelor Degree, and 23% have a Graduate Degree.

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RentCafe is your one-stop shop for finding a great new apartment in Palmetto Bay, FL. Easily search through a wide selection of apartments for rent in Palmetto Bay, FL, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse Palmetto Bay, FL apartments with rents starting from $1,015 and submit your rental application today!

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