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Housing Statistics · City estimate

Median rent in Palmetto Bay

2013 – 2024 · 12 data points 68 of 367 · Towns of Florida Updated Nov 7, 2026

Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024

Median rent, 2013 – 2024 US Dollar · Palmetto Bay · Miami-Dade County · Florida · United States
+79% since 2014
Palmetto Bay Miami-Dade County Florida United States

Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024

Compared with Median rent · US Dollar
Palmetto Bay
$2,101
Florida
$1,669
United States
$1,413

Source: U.S. Census Bureau, American Community Survey 5-year estimates

The series at a glance Palmetto Bay · 2013 – 2024
Latest value $2,101 · 2024
First value $1,172 · 2013
Highest $2,101 · 2024
Lowest $1,172 · 2013
Average change +5.4% a year on average
Data points 12

By year

All years · 2013 – 2024

YearPalmetto Bay±Change Miami-Dade CountyFloridaUnited States
2024estimate $2,101 $274 +13% $1,829 $1,669 $1,413
2023estimate $1,862 $359 +7.8% $1,731 $1,564 $1,348
2022estimate $1,728 $236 +15% $1,623 $1,444 $1,268
2021estimate $1,499 $221 +3.0% $1,470 $1,301 $1,163
2020estimate $1,455 $126 +2.0% $1,373 $1,218 —
2019estimate $1,426 $86 +4.5% $1,328 $1,175 —
2018estimate $1,365 $87 +7.1% $1,257 $1,128 —
2017estimate $1,275 $89 +4.7% $1,195 $1,077 —
2016estimate $1,218 $84 −1.0% $1,143 $1,032 —
2015estimate $1,230 $124 +4.9% $1,112 $1,002 —
2014estimate $1,172 $99 ±0.0% $1,098 $998 —
2013estimate $1,172 $119 $1,085 $990 —

Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024

Ranking · Towns of Florida

2016 · Place 1 is the highest value.

#TerritoryMedian rent
1 Southwest Ranches $2,853
2 Parkland $2,663
3 Key Biscayne $2,549
4 Highland Beach $2,469
5 Belleair Beach $2,301
6 Sewall's Point $2,226
7 Sea Ranch Lakes $2,205
8 Surfside $1,995
9 Weston $1,933
10 Juno Beach $1,923
11 Redington Beach $1,917
12 Cudjoe Key $1,882
13 Sun City Center $1,856
14 Trinity $1,823
15 Doral $1,806
16 Pineland $1,800
17 South Palm Beach $1,777
18 Cooper City $1,768
19 Duck Key $1,760
20 Bal Harbour $1,727
21 Hillsboro Beach $1,713
22 The Acreage $1,690
23 Aventura $1,681
24 Tierra Verde $1,667
25 Fruit Cove $1,662
…
101 Westchester $1,227
102 Treasure Island $1,224
103 Ponce Inlet $1,219
104 Palmetto Bay $1,218
105 Glenvar Heights $1,213
106 Dania Beach $1,209
107 Marathon $1,208
…

Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2016

What it means

The monthly rent in the middle of all rented homes.

How it is calculated

Median gross rent per month including utilities, from the survey.