- Home
- Palmetto Bay
- Statistics
- Housing
- Median rent
Housing
Statistics · City
estimate
Median rent in Palmetto Bay
2013 – 2024 · 12 data points
68 of 367 · Towns of Florida
Updated Nov 8, 2026
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024
Featured spot available
Your business could be here
First in “Statistics” — with a photo and a “Featured” mark.
Take this spot
Overview
7 figures
People
21 figures
Economy
20 figures
Housing
8 figures
Education
10 figures
Tourism
3 figures
Climate
8 figures
Latest value · 2024
$2,101
+13%
since 2023 ± $274 · margin of error
Towns of Florida · 2024
68 of 367
Place 1 is the highest value.
since 2014
+79%
+5.4% a year on average
vs Miami-Dade County
+15%
Miami-Dade County: $1,829 · 2024
Median rent, 2013 – 2024 US Dollar · Palmetto Bay · Miami-Dade County · Florida · United States
+79% since 2014
$500
$1,000
$1,500
$2,000
$2,500
2013
2016
2018
2020
2024
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
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
| Year | Palmetto Bay | ± | Change | Miami-Dade County | Florida | United 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
2017 · Place 1 is the highest value.
| # | Territory | Median rent | |
|---|---|---|---|
| 1 | Southwest Ranches | $2,855 | |
| 2 | Key Biscayne | $2,721 | |
| 3 | Parkland | $2,431 | |
| 4 | Belleair Beach | $2,378 | |
| 5 | Highland Beach | $2,250 | |
| 6 | Sewall's Point | $2,162 | |
| 7 | Sea Ranch Lakes | $2,125 | |
| 8 | Pineland | $2,111 | |
| 9 | Surfside | $2,100 | |
| 10 | Jupiter Farms | $2,085 | |
| 11 | Redington Beach | $2,008 | |
| 12 | Weston | $1,990 | |
| 13 | Cooper City | $1,949 | |
| 14 | Trinity | $1,917 | |
| 15 | Bal Harbour | $1,856 | |
| 16 | Doral | $1,834 | |
| 17 | Juno Beach | $1,809 | |
| 18 | Sun City Center | $1,791 | |
| 19 | Hillsboro Beach | $1,784 | |
| 20 | Duck Key | $1,756 | |
| 21 | The Acreage | $1,752 | |
| 22 | Aventura | $1,749 | |
| 23 | North Bay Village | $1,713 | |
| 24 | Key West | $1,707 | |
| 25 | Fruit Cove | $1,701 | |
| … | |||
| 103 | Tequesta | $1,284 | |
| 104 | Canal Point | $1,282 | |
| 105 | Glenvar Heights | $1,279 | |
| 106 | Palmetto Bay | $1,275 | |
| 107 | Stock Island | $1,269 | |
| 108 | Neptune Beach | $1,263 | |
| 109 | Port St. Lucie | $1,262 | |
| … |
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2017
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.