Palmetto, Manatee County, FL Rental Market Trends
Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Palmetto is $1,672, a 18.33% increase compared to the previous year, when the average rent was $1,413.
Two-beedroom units at $1,621 offer 865 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (986 sq ft) for $2,104, suitable for larger households.
Average rent in Palmetto, Manatee County, FL
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,672 | 864 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | n/a | n/a |
| 2 Beds | $1,621 | 865 sq. ft. |
| 3 Beds | $2,104 | 986 sq. ft. |
Palmetto, Manatee County, FL rent trends
Rental prices in Palmetto, Manatee County, FL have increased by 18.33% over the past year. The average rent moved from $1,413 to $1,672.
What's the typical rent budget in Palmetto, Manatee County, FL?
The largest share of rentals in Palmetto, Manatee County, FL (50%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Palmetto, Manatee County, FL?
1,728 or 19% of the households in Palmetto, Manatee County, FL are renter-occupied while 7,238 or 81% are owner-occupied.
How Palmetto Compares to Other Cities
| City | Average Rent |
|---|---|
| Palmetto | $1,672 |
| Miami | $2,721 |
| Jacksonville | $1,495 |
| Tampa | $2,009 |
| Kissimmee | $1,821 |
| Fort Myers | $1,758 |
| Orlando | $1,802 |
| Cape Coral | $1,705 |
| Fort Lauderdale | $2,727 |
| St. Petersburg | $2,028 |
| West Palm Beach | $2,407 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Palmetto apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.