Palmetto Bay, FL Rental Market Trends
What is the average rent in Palmetto Bay?
The average rent for an apartment in Palmetto Bay is $2,639. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Palmetto Bay, FL
Last updated June 2025
Average Rent | Average Apartment Size |
---|---|
$2,639 | 980 sq. ft. |
What is the average apartment size in Palmetto Bay?
The average size for a Palmetto Bay, FL apartment is 980 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
Palmetto Bay, FL Occupied Housing Units
1,707 or 21% of the households in Palmetto Bay, FL are renter-occupied while 6,431 or 79% are owner-occupied.
Palmetto Bay, FL rent trends

How Palmetto Bay Compares to Other Cities
State | Average Rent |
---|---|
Palmetto Bay | $2,639 |
Jacksonville | $1,501 |
Miami | $2,727 |
Tampa | $2,038 |
Kissimmee | $1,824 |
Cape Coral | $1,813 |
Orlando | $1,844 |
Fort Myers | $1,821 |
West Palm Beach | $2,382 |
Fort Lauderdale | $2,739 |
Lakeland | $1,550 |
Miami Shores | $3,067 |