Average Rent in 34221, Palmetto, FL

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Current Versus Historical 34221, Palmetto, FL Rents

34221 rentals average $2,250 for a 1-bedroom rental to $2,800 for a 4-bedroom rental. The median price of all currently available listings is $2,500, or roughly $18 per square feet.

For the apartment units and housing in October 2026, median rents have fallen substantially over the last year. Studio rentals prices have decreased by $834 (-45.61%) year-over-year from $1,829 to $995. 1-bedroom rentals prices have decreased by $550 (-19.64%) year-over-year from $2,800 to $2,250. 2-bedroom rentals prices have increased by $635 (32.32%) year-over-year from $1,965 to $2,600. 3-bedroom rentals prices have increased by $134 (5.99%) year-over-year from $2,241 to $2,375. 4-bedroom rentals prices have increased by $167 (6.33%) year-over-year from $2,633 to $2,800. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone down by 12.34% this month. 2-bedroom rents have gone up by 10.64% this month. 3-bedroom rents have gone up by 2.52% this month. 4-bedroom rents have gone down by 5.35% this month.

Beds	Price / Sqft	Oct 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$33.16	$2,250	$2,800 (-19.64%)	$1,415 (59.06%)
2 BR	$20.82	$2,600	$1,965 (32.32%)	$2,098 (23.91%)
3 BR	$17.91	$2,375	$2,241 (5.99%)	$2,494 (-4.78%)
4+ BR	$15.71	$2,800	$2,633 (6.33%)	$2,791 (0.33%)

Historical Rents in 34221, Palmetto, FL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 34221

There are a total of 12 cities nearby 34221. The average rent in 34221 is currently $2,400 per month. A total of 7 cities nearby have an average rent lower than that. Our records show that South Bradenton, FL, with an average rent of $1,775, is the most affordable city nearby. In contrast, the most expensive city near 34221, Palmetto, FL is Longboat Key, FL. Monthly rents here are on average $7,200 per month.

Let's compare 34221, Palmetto, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 25.07% more expensive. Two bedrooms in 34221, Palmetto, FL are about 8.02% more expensive. Finally, rent for three bedrooms are about 23.75% more affordable. Want more information? Check out the top 10 cities out of 12 total cities near 34221, Palmetto, FL in the following table.

City	Studio	1 Bed	2 Bed	All
South Bradenton, FL	N/A	$1,175	$1,700	$1,775
Sun City Center, FL	N/A	$1,450	$1,850	$2,095
Ruskin, FL	$1,096	$1,220	$1,500	$2,100
Bradenton, FL	$1,075	$1,425	$2,100	$2,300
The Meadows, FL	N/A	$1,700	$2,500	$2,400
St. Petersburg, FL	$1,350	$1,672	$2,400	$2,400
Apollo Beach, FL	$2,700	N/A	$2,300	$2,745
St. Pete Beach, FL	$1,575	$2,000	$3,250	$3,125
Sarasota, FL	$1,200	$1,995	$3,495	$3,400
Longboat Key, FL	N/A	$3,000	$6,000	$7,200

Top Neighborhoods Near 34221

There are a total of 6 neighborhoods in or near 34221. Some of these neighborhoods include South Bradenton, Heritage Harbour, and The Meadows. We've included all of these top 6 neighborhoods in or near 34221, Palmetto, FL in the following table.

The average rent for these 6 neighborhoods in or near 34221, Palmetto, FL is currently around $2,700 per month. A total of one neighborhood has a lower average rent. Meaning, only five neighborhoods have a higher average rent than $2,700. Interestingly, the neighborhoods' average rent is higher than 34221's average rent, which is only $2,500. Out of all the neighborhoods in or near 34221, South Bradenton has the most affordable average rent at $1,800 per month. Whereas, at $3,300 average rent per month, Lakewood Ranch is the most expensive neighborhood in or near 34221. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
South Bradenton, FL	N/A	$1,175	$1,800	$1,800
Heritage Harbour, Myakka City, FL	N/A	N/A	$2,499	$2,525
The Meadows, FL	N/A	$1,700	$2,650	$2,600
Isla del Sol, St. Petersburg, FL	N/A	$2,350	$2,800	$2,800
Downtown St. Petersburg, St. Petersburg, FL	$2,000	$2,200	$5,548	$2,900
Lakewood Ranch, Myakka City, FL	N/A	$1,599	$3,250	$3,300

Top Counties Near 34221

There are a total of 7 counties located by 34221, Palmetto, FL. Some of these counties include Ruskin, FL, St. Petersburg, FL, and Bradenton, FL. The average rent for rentals in these counties is $2,600. That's roughly around $28 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is Ruskin, FL. Its average rent per month is $2,270. Vice versa, with an average rent of $8,000, Longboat Key, FL is the most expensive county by 34221, Palmetto, FL.

In comparison, rent for one bedroom listings in 34221, Palmetto, FL is 15.56% more expensive than other counties nearby. Finally, rent for two bedrooms in 34221, Palmetto, FL is 0.96% more expensive than other counties nearby. We've listed all of these counties in the table below.

County	Studio	1 Bed	2 Bed	All
Ruskin, FL	$1,898	$1,415	$1,850	$2,270
St. Petersburg, FL	$1,350	$1,650	$2,390	$2,350
Bradenton, FL	$1,145	$1,663	$2,273	$2,500
Parrish, FL	N/A	$2,250	$2,575	$2,600
St. Pete Beach, FL	$1,650	$1,900	$3,100	$2,975
Sarasota, FL	$1,714	$2,133	$4,000	$3,800
Longboat Key, FL	N/A	$2,500	$6,975	$8,000

Top Zipcodes Near 34221

There are a total of 9 zipcodes in or near 34221, Palmetto, FL. The average rent for all of these zipcodes is $2,397. A total of 6 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 33707, South Pasadena, FL at $2,300 per month. In comparison, the zipcode with the most expensive average rent of $2,975 per month is 33706, St. Pete Beach, FL.

Studios in these zipcodes have an average rent of $1,145. That's at least $33 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 34221, Palmetto, FL is $1,700 per month. Or in other words, $29 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,500 per month. Which comes out to $26 per sqft. The following table includes the top 9 zipcodes in 34221, Palmetto, FL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
34209, Bradenton, FL	N/A	$1,800	$2,500	$2,800
33701, St. Petersburg, FL	$1,950	$2,100	$3,200	$2,325
33706, St. Pete Beach, FL	$1,650	$1,900	$3,100	$2,975
34243, Bradenton, FL	$1,145	$1,688	$2,500	$2,700
34235, The Meadows, FL	N/A	$1,600	$2,500	$2,400
33707, South Pasadena, FL	$1,700	$1,700	$2,350	$2,300
33711, St. Petersburg, FL	N/A	$1,750	$2,045	$2,397
33713, St. Petersburg, FL	$1,050	$1,295	$2,350	$2,300
33710, St. Petersburg, FL	$1,199	$1,423	$2,000	$2,300

Frequently Asked Questions - 34221 Average Rents

What is the average rent price in 34221, Palmetto, FL?

The average monthly rental price for 34221, Palmetto, FL apartments for rent is approximately $2,500. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 34221, Palmetto, FL rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 34221, Palmetto, FL.

How much is a one bedroom apartment in 34221, Palmetto, FL?

The average monthly rental price for one bedroom apartments is $2,250 and an average price per square feet of $33.16. There are a total of 15 one bedroom apartment listings currently available for rent in 34221.

How much is a two bedroom apartment in 34221, Palmetto, FL?

The average monthly rental price for two bedroom apartments is $2,600 and an average price per square feet of $20.82. There are a total of 31 two bedroom apartment listings currently available for rent in 34221.

How have rent prices in 34221, Palmetto, FL changed this year?

Rent prices for rentals in 34221, Palmetto, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.46%, one bedroom rental prices have changed by -0.20%, two bedroom rental prices have changed by 0.32%, three bedroom rental prices have changed by 0.06% year-over-year.

What is a reasonable rent price in 34221, Palmetto, FL?

A reasonable rent price in 34221, Palmetto, FL is around $2,000/month. You can search for these reasonably priced rental listings on RentHop.