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 August 2025, Palmetto's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Palmetto's average rent is 19.2% ($396) lower than the Florida average of $2,067 and 6.6% ($119) lower than the U.S. average of $1,790.

Average Rent

$1,671

Monthly ChangeMonth Over Month Change

16% ($319)

Yearly ChangeYear Over Year Change

24.7% ($547)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,344	13.7% ($162)	20.4% ($345)
2 Beds	$1,605	11.5% ($165)	17.6% ($343)
3 Beds	$2,071	18.8% ($478)	11.8% ($276)

Nearby Cities	Average Rent	Avg. Rent vs. PalmettoAverage Rent vs. Palmetto	Avg. Days on MarketAverage Days on Market
Ellenton	$2,150	28.7% ($479)	31 days
Bradenton	$1,878	12.4% ($207)	30 days
Longboat Key	$4,001	139.4% ($2330)	29 days
Ruskin	$1,683	0.7% ($12)	38 days
Parrish	$2,037	21.9% ($366)	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.

What is the average rent in Palmetto, FL?

The average rent in Palmetto, FL is $1,671 per month.

What is the rental price range for houses in Palmetto, FL?

Houses in Palmetto typically rent for between $941 and $2,692 per month, with an average of $1,671 per month.

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

In Palmetto, the average rent for a 1-bedroom house is $1,344 per month, for a 2-bedroom house, $1,605 per month, and a 3-bedroom house is $2,071 per month.

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

The average rent in Palmetto is 6.6% ($119) lower than the national average of $1,790 per month.

How have rent prices in Palmetto, FL changed recently?

The average rent in Palmetto has decreased by 16.0% ($319) in the last month and decreased by 24.7% ($547) over the past year.

How competitive is the rental market in Palmetto, FL?

The rental market in Palmetto, 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 Palmetto, FL?

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.

How many rental properties are available in Palmetto, FL?

There are currently 17 rental properties available in Palmetto, FL.

Can I afford to rent a house in Palmetto, FL?

Based on the current averages, a household would need an annual income of $64,200 to comfortably afford a 2-bedroom house in Palmetto.