Rental market snapshot for Palmetto, Florida

Palmetto, Florida Rental Property Market Overview

The average rent for an apartment in Palmetto is $2,067. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by -0.50% over the past year.

Palmetto is a city located in Manatee County, Florida. The city is home to approximately 12,000 residents and is a part of the Bradenton-Sarasota-Venice metropolitan area. Palmetto is located on the shores of the Manatee River and is known for its fishing and boating opportunities. The city also has a number of parks and recreation facilities, as well as a historic downtown area.

Last Updated December 23, 2022

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Average monthly rent graph in Palmetto Florida | Cost of Living

  • The most expensive ZIP Code in Palmetto is 34221 with an average price of $2,200
  • The cheapest ZIP Code in Palmetto is 34221 with an average price of $1,975

Palmetto ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
134221$2,200
234221$2,195

Live near Palmetto, Florida's Top Sights and Attractions

Fair Grounds is an attraction that features a variety of rides, games, and other activities. Visitors can purchase tickets to ride the rides, play the games, and participate in the other activities. The attraction also features a food court, a gift shop, and a variety of other amenities.

Buffalo Creek Park is a beautiful park located in Palmetto, Florida. The park features a variety of amenities including a playground, picnic pavilions, a walking trail, and a fishing pier. The park also has a large open field perfect for playing sports or flying a kite.

Blackstone Park is a large park with a playground, a pavilion, and a walking trail. The park also has a pond with a fountain in the center.

Lincoln Community Park is a public park located in Palmetto, Florida. The park features a playground, a picnic pavilion, a walking trail, and a basketball court.

Cockroach Bay is an attraction located in Palmetto, Florida. The attraction is a nature preserve that is home to a variety of cockroaches and other insects. Visitors can view the cockroaches up close and learn about their ecology.

Riverside Park is a beautiful park located on the Manatee River. The park has a playground, picnic pavilions, a fishing pier, and a walking trail. The park also has a boat ramp and a kayak launch.

Terra Ceia Preserve State Park is a 6,000-acre preserve that includes a variety of ecosystems, including mangrove forest, salt marsh, and upland forest. The preserve also has a 3-mile long nature trail that winds through the different ecosystems and provides views of the Tampa Bay.

The Manatee Convention & Civic Center is a large convention center located in Palmetto, Florida. The center is home to a variety of events and conventions throughout the year, and features a large auditorium, exhibit hall, and meeting rooms.

Palmetto, Florida area median rent change by ZIP Code map

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How does Palmetto compare to other cities in Florida ?

citymedian price
Cooper City$3,555
Bartow$1,751
Bradenton$2,145
Boca Raton$2,810
St. Cloud$2,250
Lake Clarke Shores$1,998
Lithia$2,235
North Fort Myers$2,185

Average household income in Palmetto area graph - US Census

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The median household income in Palmetto in 2021 was $46,910. This represents a 29.2% change from 2011 when the median was $36,299.

#categorypercent
0Less than $10,0003.4%
1$10,000 to $14,9998.4%
2$15,000 to $19,9995.8%
3$20,000 to $24,9994.1%
4$25,000 to $29,9997.8%
5$30,000 to $34,9994.4%
6$35,000 to $39,9993.8%
7$40,000 to $44,99910.2%
8$45,000 to $49,9994.0%
9$50,000 to $59,9998.2%
10$60,000 to $74,9999.8%
11$75,000 to $99,99911.0%
12$100,000 to $124,9997.7%
13$125,000 to $149,9992.7%
14$150,000 to $199,9992.4%
15$200,000 or more6.2%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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