Homes for Rent in 34221

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What to Know About

Life in Palmetto & Beyond

Palmetto shares many of the great qualities that make Florida a desirable place to live.

Florida is a sunshine-filled state known for its beautiful beaches, warm weather, and world-famous theme parks like Walt Disney World, Universal Studios, and Sea World. From its iconic beaches to vibrant cities, you have a unique blend of outdoor adventure and urban excitement. Explore the state's past by visiting attractions like the Kennedy Space Center, the Museum of Florida History, or the Perez Art Museum Miami. In addition, Florida is home to renowned universities such as the University of Florida and Florida State University, University of Miami.

With hundreds of miles of sandy beaches, crystal-clear springs, and lush everglades, Florida is a paradise for visitors and residents alike. The state is also home to several professional sports teams, including the Miami Dolphins (NFL), Tampa Bay Buccaneers (NFL), Florida Panthers (NHL), Tampa Lighting (NHL), Miami Marlins (MLB), Orlando Magic (NBA), and Miami Heat (NBA). Experience all that Florida has to offer, from its stunning beaches and vibrant atmosphere to its rich traditions and thriving economy.

Discover the magic of living in Florida, where the sun shines bright, the economy thrives, and the quality of life is unparalleled, making it the perfect place to call home.

Rental Market Trends

Palmetto, FL

As of July 2025, Palmetto's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Palmetto's average rent is 4.1% ($85) lower than the Florida average of $2,075 and 12.1% ($215) higher than the U.S. average of $1,775.

Average Rent
$1,990
Monthly ChangeMonth Over Month Change
Decreased2.5% ($50)
Yearly ChangeYear Over Year Change
Decreased11% ($246)
Avg. Days on MarketAverage Days on Market
30
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,182 Increased4.2% ($48) Decreased29.8% ($501)
2 Beds $1,440 Increased4.3% ($59) Decreased25.8% ($502)
3 Beds $2,549 Increased14.9% ($331) Increased9% ($210)
Nearby Cities Average Rent Avg. Rent vs. PalmettoAverage Rent vs. Palmetto Avg. Days on MarketAverage Days on Market
Ellenton $2,096 Increased5.3% ($106) 31 days
Bradenton $1,953 Decreased1.9% ($37) 30 days
Longboat Key $5,497 Increased176.2% ($3507) 29 days
Ruskin $2,339 Increased17.5% ($349) 38 days
Parrish $1,884 Decreased5.3% ($106) 33 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Palmetto Rental Market FAQs

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

The average rent in Palmetto, FL is $1,990 per month.
Homes in Palmetto typically rent for between $827 and $3,314 per month, with an average of $1,990 per month.
In Palmetto, the average rent for a 1-bedroom home is $1,182 per month, for a 2-bedroom home, $1,440 per month, and a 3-bedroom home is $2,549 per month.
The average rent in Palmetto is 12.1% ($215) higher than the national average of $1,775 per month.
The average rent in Palmetto has decreased by 2.5% ($50) in the last month and decreased by 11.0% ($246) over the past year.
The rental market in Palmetto, FL, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Palmetto, FL, the average rental stays on the market for approximately 30 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 18 rental properties available in Palmetto, FL.
Based on the current averages, a household would need an annual income of $57,600 to comfortably afford a 2-bedroom home in Palmetto.
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