Average Rent in 34221, Palmetto, FL

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Current Versus Historical 34221, Palmetto, FL Rents

34221 rentals average $2,150 for a 1-bedroom rental to $2,900 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 July 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $1,335 (-57.30%) year-over-year from $2,330 to $995. 1-bedroom rentals prices have increased by $83 (4.03%) year-over-year from $2,067 to $2,150. 2-bedroom rentals prices have increased by $8 (0.45%) year-over-year from $1,842 to $1,850. 3-bedroom rentals prices have increased by $51 (2.12%) year-over-year from $2,394 to $2,445. 4-bedroom rentals prices have increased by $109 (3.91%) year-over-year from $2,791 to $2,900. 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 15.13% this month. 2-bedroom rents have gone down by 11.20% this month. 3-bedroom rents have gone up by 5.81% this month. 4-bedroom rents have gone up by 3.33% this month.

Beds	Price / Sqft	Jul 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$28.64	$2,150	$2,067 (4.03%)	$1,344 (60.00%)
2 BR	$19.35	$1,850	$1,842 (0.45%)	$2,066 (-10.45%)
3 BR	$17.36	$2,445	$2,394 (2.12%)	$2,493 (-1.93%)
4+ BR	$16.41	$2,900	$2,791 (3.91%)	$2,948 (-1.64%)

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 8 cities nearby have an average rent lower than that. Our records show that South Bradenton, FL, with an average rent of $1,800, 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 $7,000 per month.

Let's compare 34221, Palmetto, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 22.09% more expensive. Two bedrooms in 34221, Palmetto, FL are about 27.03% more affordable. Finally, rent for three bedrooms are about 47.24% 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	$1,099	$1,175	$1,800	$1,800
Sun City Center, FL	N/A	$1,495	$1,850	$1,900
Ruskin, FL	$1,138	$1,426	$1,950	$2,200
The Meadows, FL	N/A	$1,700	$2,300	$2,325
Bradenton, FL	$1,050	$1,350	$2,275	$2,400
St. Petersburg, FL	$1,250	$1,650	$2,495	$2,400
Apollo Beach, FL	N/A	N/A	$2,100	$2,900
Sarasota, FL	$1,350	$2,137	$3,498	$3,200
St. Pete Beach, FL	$1,975	$1,838	$3,250	$3,200
Longboat Key, FL	N/A	$3,600	$6,000	$7,000

Top Neighborhoods Near 34221

There are a total of 5 neighborhoods in or near 34221. Some of these neighborhoods include Heritage Harbour, The Meadows, and Isla del Sol. We've included all of these top 5 neighborhoods in or near 34221, Palmetto, FL in the following table.

The average rent for these 5 neighborhoods in or near 34221, Palmetto, FL is currently around $2,600 per month. 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, Heritage Harbour has the most affordable average rent at $2,500 per month. Whereas, at $6,000 average rent per month, Downtown St. Petersburg is the most expensive neighborhood in or near 34221. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Heritage Harbour, Myakka City, FL	N/A	N/A	$2,400	$2,500
The Meadows, FL	N/A	$1,700	$2,300	$2,600
Isla del Sol, St. Petersburg, FL	N/A	$2,200	$2,650	$2,600
Lakewood Ranch, Myakka City, FL	N/A	$1,603	$3,161	$3,295
Downtown St. Petersburg, St. Petersburg, FL	$1,595	$2,450	$6,050	$6,000

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 $2,650. That's roughly around $28 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Ruskin, FL. Its average rent per month is $2,300. Vice versa, with an average rent of $7,200, Longboat Key, FL is the most expensive county by 34221, Palmetto, FL.

In comparison, rent for one bedroom listings in 34221, Palmetto, FL is 25.58% more expensive than other counties nearby. Finally, rent for two bedrooms in 34221, Palmetto, FL is 29.73% more affordable than other counties nearby. We've listed all of these counties in the table below.

County	Studio	1 Bed	2 Bed	All
Ruskin, FL	$1,138	$1,495	$1,900	$2,300
St. Petersburg, FL	$1,300	$1,600	$2,400	$2,400
Bradenton, FL	$1,075	$1,410	$2,200	$2,500
Parrish, FL	N/A	N/A	$1,963	$2,650
St. Pete Beach, FL	$1,500	$1,863	$3,000	$2,800
Sarasota, FL	$5,070	$2,250	$3,800	$3,600
Longboat Key, FL	N/A	$3,250	$6,500	$7,200

Top Zipcodes Near 34221

There are a total of 10 zipcodes in or near 34221, Palmetto, FL. The average rent for all of these zipcodes is $2,500. A total of 4 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 33710, St. Petersburg, FL at $2,000 per month. In comparison, the zipcode with the most expensive average rent of $3,450 per month is 33701, St. Petersburg, FL.

Studios in these zipcodes have an average rent of $1,398. That's at least $32 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 $1,638 per month. Or in other words, $31 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,341 per month. Which comes out to $24 per sqft. The following table includes the top 10 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	$1,650	$2,495	$2,800
33701, St. Petersburg, FL	$1,595	$1,900	$5,500	$3,450
33706, St. Pete Beach, FL	$1,500	$1,863	$3,000	$2,800
34243, Bradenton, FL	$1,495	$1,696	$2,295	$2,600
34235, The Meadows, FL	N/A	$1,625	$2,198	$2,300
34208, Bradenton, FL	$1,875	$1,525	$2,388	$2,500
33707, South Pasadena, FL	$1,925	$1,700	$2,500	$2,500
33711, St. Petersburg, FL	N/A	$1,473	$1,950	$2,325
33713, St. Petersburg, FL	$1,300	$1,500	$1,970	$2,175
33710, St. Petersburg, FL	N/A	$1,300	$1,800	$2,000

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 $2,150 and an average price per square feet of $28.64. There are a total of 2 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 $1,850 and an average price per square feet of $19.35. There are a total of 27 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 -0.57%, one bedroom rental prices have changed by 0.04%, two bedroom rental prices have changed by 0.00%, three bedroom rental prices have changed by 0.02% 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.