Rental market snapshot for Palmetto, Florida

Palmetto, Florida Rental Property Market Overview

Palmetto, Florida is a small city located in Manatee County, with a population of 13,480 as of 2021 according to the US Census. It is a charming city with a historic downtown area, a vibrant arts and culture scene, and a variety of outdoor activities. The city is home to several parks, a marina, and a golf course, making it a great place to explore and enjoy the outdoors. Palmetto is also known for its excellent schools and friendly community, making it a great place to live and raise a family.

The average rent for an apartment in Palmetto is $2,222. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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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 $2,314.
  • The cheapest ZIP code in Palmetto is 34221 with an average price of $2,314.

Palmetto ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
134221$2,314

Live near Palmetto, Florida's Top Sights and Attractions

Fair Grounds is a family-friendly amusement park located in Palmetto, Florida. It features a variety of rides, including roller coasters, bumper cars, and a Ferris wheel. There are also a number of carnival-style games, such as a shooting gallery and a ring toss. The park also has a petting zoo, a miniature golf course, and a variety of food and beverage stands.

Buffalo Creek Park is a beautiful outdoor recreation area located in Palmetto, Florida. It features a variety of activities for visitors to enjoy, including walking trails, fishing, kayaking, and bird watching. The park also has a playground, picnic areas, and a pavilion for special events. The park is surrounded by lush vegetation and is home to a variety of wildlife, making it a great spot for nature lovers. Visitors can also enjoy the scenic views of the nearby creek and the surrounding area.

Blackstone Park is a beautiful outdoor space located in Palmetto, Florida. It features a large lake, walking trails, and plenty of open space for picnicking and other activities. The park is home to a variety of wildlife, including birds, turtles, and fish. There are also several playgrounds, a disc golf course, and a dog park. The park is a great place to spend a day outdoors, with plenty of activities to keep everyone entertained.

Lincoln Community Park is a sprawling green space located in a coastal town in Florida. It features a variety of recreational activities, including a large playground, a basketball court, a walking trail, and a fishing pier. The park also has a picnic area with grills, a large pavilion, and a gazebo. The park is surrounded by lush vegetation and is a great spot to relax and enjoy the outdoors.

Cockroach Bay is a unique outdoor attraction located on the west coast of Florida. It is a shallow estuary with a variety of wildlife, including a variety of fish, crabs, and birds. Visitors can explore the area by kayak, canoe, or paddleboard, and can also take a guided tour of the area. The bay is known for its stunning sunsets and its abundance of wildlife, making it a great spot for birdwatching and photography.

Riverside Park is a beautiful park located on the Manatee River in Palmetto, Florida. It features a large playground, picnic pavilions, a boat ramp, and a fishing pier. The park also has a walking trail that winds along the river, offering stunning views of the water and the surrounding area. There are also plenty of benches and tables for visitors to relax and enjoy the scenery. The park is a great place to spend a day with family and friends, and is a popular spot for locals and tourists alike.

Terra Ceia Preserve State Park is a nature preserve located on the shores of Terra Ceia Bay in Florida. It features a variety of habitats, including mangrove forests, salt marshes, and upland areas. Visitors can explore the park's trails, boardwalks, and observation towers, which provide stunning views of the bay and its wildlife. The park also offers kayaking, canoeing, and fishing opportunities, as well as a picnic area and a playground.

The Manatee Convention & Civic Center is a multi-purpose event venue located in Palmetto, Florida. It offers a variety of spaces for hosting events, including a large ballroom, meeting rooms, and an outdoor amphitheater. The center also features a full-service catering kitchen, a state-of-the-art audio-visual system, and a variety of other amenities. The venue is ideal for hosting conferences, conventions, weddings, and other special events.

Palmetto Boys Club is a family-friendly attraction located in Palmetto, Florida. It features a variety of activities for all ages, including a mini golf course, batting cages, go-karts, bumper boats, an arcade, and a snack bar. The facility also offers a variety of special events, such as birthday parties, group events, and corporate outings.

Hydrant Park is a large outdoor recreational area located in a residential area of Palmetto. It features a large pond with a fountain, a playground, a picnic pavilion, and a walking trail. The park also has a large open field, perfect for playing sports or just relaxing. There are also several benches and tables scattered throughout the park, making it a great place to spend time with friends and family.

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
Lake Park$2,595
Stuart$2,218
Plant City$2,115
Fleming Island$2,090
Dade City$1,930
Tequesta$1,865
Daytona Beach$1,599
Inverness$1,550

Average household income in Palmetto area graph - US Census

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The median household income in Palmetto in 2021 was $50,762. This represents a 39.2% change from 2011 when the median was $36,469.

#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%

Neighborhoods in Palmetto

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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.

As of February , the average rent in Palmetto is $2,222.
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