Palmetto Bay, FL Rental Market Trends
What is the average rent in Palmetto Bay?
The average rent for an apartment in Palmetto Bay is $1,356, a 18% increase compared to the previous year, when the average rent was $1,153.
Average Rent in Palmetto Bay, FL
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,356||18%||790 sq. ft.|
What is the average apartment size in Palmetto Bay?
The average size for a Palmetto Bay, FL apartment is 790 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Palmetto Bay, FL Apartment Rent Ranges
- > $2,00011%
Palmetto Bay, FL Occupied Housing Units
- Renter-occupied Households15%
- Owner-occupied Households84%
1,152 or 15% of the households in Palmetto Bay, FL are renter-occupied while 6,307 or 84% are owner-occupied.
Palmetto Bay, FL Rent Trends
|Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||May / 2021|
How Palmetto Bay Compares to Other Cities
|Average Rent||Y-o-Y Change|