What's the average rent in Palmetto, FL?

Rental Market Trends in Palmetto, FL

SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Palmetto, FL is $2,300 per month, which is 20% higher than the national average rent of $1,910 per month.

AVERAGE RENT

$2,300
1.8%
$40 increase month-over-month
-8.0%
-$200 decrease year-over-year

AVAILABLE RENTALS

206

APARTMENTS

$1,762

HOUSES

$2,520

TOWNHOUSES

$2,150
As of May 2026, apartments are the most affordable rental option in Palmetto, FL at $1,762 per month, while houses are the most expensive at $2,520 per month. Townhomes average $2,150 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$1,514
2 Bedrooms$1,850
3 Bedrooms$2,300
4 Bedrooms$2,700
All$2,300
As of May 2026, the average rent for a 1 bedroom rental in Palmetto, FL is $1,514 per month, followed by $1,850 for a 2 bedroom rental, $2,300 for a 3 bedroom rental, and $2,700 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by -8% compared to the previous year, which is a $200 decrease.
This year (2026)
Last year (2025)

Rent distribution

42% of rentals have rent of $2,200-$2,999/month

Rental price range

The price range for rentals is $750 to $460,000.
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