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Rental Market Trends

Palatka, FL

As of August 2025, Palatka's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Palatka's average rent is 52.1% ($1,076) lower than the Florida average of $2,067 and 44.6% ($799) lower than the U.S. average of $1,790.

Average Rent

$991

Monthly ChangeMonth Over Month Change

2.5% ($24)

Yearly ChangeYear Over Year Change

10.3% ($114)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$864	1.1% ($9)	20.9% ($228)
2 Beds	$1,031	0.6% ($6)	18.2% ($229)
3 Beds	$1,331	1.3% ($18)	12.3% ($187)

Nearby Cities	Average Rent	Avg. Rent vs. PalatkaAverage Rent vs. Palatka	Avg. Days on MarketAverage Days on Market
Elkton	$2,314	133.5% ($1323)	29 days
Green Cove Springs	$1,333	34.5% ($342)	31 days
Keystone Heights	$1,233	24.4% ($242)	29 days
Saint Augustine	$1,850	86.7% ($859)	29 days
Bunnell	$1,485	49.8% ($494)	34 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Palatka Rental Market FAQs

Explore rental prices, market trends, and availability in Palatka, FL.

What is the average rent in Palatka, FL?

The average rent in Palatka, FL is $991 per month.

What is the rental price range for apartments in Palatka, FL?

Apartments in Palatka typically rent for between $605 and $1,730 per month, with an average of $991 per month.

What is the average rent for different bedroom sizes in Palatka, FL?

In Palatka, the average rent for a 1-bedroom apartment is $864 per month, for a 2-bedroom apartment, $1,031 per month, and a 3-bedroom apartment is $1,331 per month.

How do rent prices in Palatka, FL compare with the national average?

The average rent in Palatka is 44.6% ($799) lower than the national average of $1,790 per month.

How have rent prices in Palatka, FL changed recently?

The average rent in Palatka has increased by 2.5% ($24) in the last month and decreased by 10.3% ($114) over the past year.

How competitive is the rental market in Palatka, FL?

The rental market in Palatka, FL, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Palatka, FL?

In Palatka, FL, the average rental stays on the market for approximately 32 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Palatka, FL?

There are currently 10 rental properties available in Palatka, FL.

Can I afford to rent an apartment in Palatka, FL?

Based on the current averages, a household would need an annual income of $41,240 to comfortably afford a 2-bedroom apartment in Palatka.