Average Rent in Palmetto, FL

Current Versus Historical Palmetto, FL Rents

Palmetto rentals average $0 for a 1-bedroom rental to $3,500 for a 3-bedroom rental. The median price of all currently available listings is $3,000, or roughly $2 per square feet.

For the apartment units and housing in June 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $240 (23.76%) year-over-year from $1,010 to $1,250. 1-bedroom rentals prices have increased by $62 (4.63%) year-over-year from $1,333 to $1,395. 2-bedroom rentals prices have increased by $202 (8.41%) year-over-year from $2,398 to $2,600. 3-bedroom rentals prices have increased by $627 (24.35%) year-over-year from $2,573 to $3,200. 4-bedroom rentals prices have decreased by $391 (-11.71%) year-over-year from $3,341 to $2,950. 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 4.62% this month. 2-bedroom rents have gone up by 9.94% this month. 3-bedroom rents have gone up by 3.23% this month. 4-bedroom rents have gone down by 0.00% this month.

Beds	Price / Sqft	Jun 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
2 BR	$2.03	$2,600	$2,398 (8.41%)	$1,486 (74.99%)
3 BR	$1.65	$3,200	$2,573 (24.35%)	$1,892 (69.16%)

Historical Rents in Palmetto, FL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Palmetto

There are a total of 1 cities nearby Palmetto. The average rent in Palmetto is currently $2,800 per month. Only one city nearby has an average rent lower than that. Our records show that Bradenton, FL, with an average rent of $2,800, is the most affordable city nearby. In contrast, the most expensive city near Palmetto, FL is Bradenton, FL. Monthly rents here are on average $2,800 per month.

Let's compare Palmetto, FL's rent against other top cities nearby by bedroom size. One bedrooms are about inf% more affordable. Two bedrooms in Palmetto, FL are about 1.93% more affordable. Finally, rent for three bedrooms are about 15.00% more expensive. Want more information? Check out the top 1 cities near Palmetto, FL in the following chart.

City	Studio	1 Bed	2 Bed	All
Bradenton, FL	N/A	$1,600	$2,800	$2,800

Top Neighborhoods Near Palmetto

View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Palmetto

The average rent for rentals in these counties is $3,000. That's roughly around $2 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Bradenton, FL. It's average rent per month is $3,000. Vice versa, with an average rent of $3,000, Bradenton, FL is the most expensive county by Palmetto, FL.

In comparison, rent for one bedroom listings in Palmetto, FL is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in Palmetto, FL is 0.11% more affordable than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Bradenton, FL	N/A	$1,700	$2,750	$3,000

Top Zipcodes Near Palmetto

There are a total of 2 zipcodes in or near Palmetto, FL. The average rent for all of these zipcodes is $2,900. A total of 2 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 34221, Palmetto, FL at $2,800 per month. In comparison, the zipcode with the most expensive average rent of $3,000 per month is 34209, Bradenton, FL.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Palmetto, FL is $2,210 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,775 per month. Which comes out to $2 per sqft. The following chart includes the top 2 zipcodes in Palmetto, FL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
34221, Palmetto, FL	N/A	$2,275	$2,600	$2,800
34209, Bradenton, FL	N/A	$2,145	$2,950	$3,000

Frequently Asked Questions - Palmetto Average Rents

What is the average rent price in Palmetto, FL?

The average monthly rental price for Palmetto, FL apartments for rent is approximately $3,000. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 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 Palmetto, FL.

How much is a studio apartment in Palmetto, FL?

The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Palmetto.

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

The average monthly rental price for one bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 1 one bedroom apartment listings currently available for rent in Palmetto.

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

The average monthly rental price for two bedroom apartments is $2,747 and an average price per square feet of $2.03. There are a total of 16 two bedroom apartment listings currently available for rent in Palmetto.

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

Rent prices for rentals in Palmetto, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.24%, one bedroom rental prices have changed by 0.05%, two bedroom rental prices have changed by 0.08%, and three bedroom rental prices have changed by 0.24% year-over-year.

What is a reasonable rent price in Palmetto, FL?

A reasonable rent price in Palmetto, FL is around $2,400/month. You can search for these reasonably priced rental listings on RentHop.