Homes for Rent in Palmetto Bay, FL
73 rentals in Palmetto Bay
Market overview
Total active
73
Avg rent
$4,651.18
Median rent
$2,807.00
Rent range
$1,000.00 – $17,000.00
Rent/sqft
$2.85
Premium ($5K+/mo)
22
There are 73 active rental listings in Palmetto Bay, FL. Median monthly rent in Palmetto Bay is $2,807. Eight in ten listings ask between $1,678 and $10,500 monthly. Rents average $2.85 per square foot. Alongside the rental inventory, 87 homes are listed for sale in Palmetto Bay. Palmetto Bay sits in Miami-dade County.
Palmetto Bay market data
| Homes for sale | 87 |
|---|---|
| Median price | $1,475,000 |
| Typical range (8 in 10) | $541,940 – $2,396,600 |
| Price per square foot | $639 |
| Homes for rent | 73 |
| Median rent | $2,807/mo |
| Rent range (8 in 10) | $1,678 – $10,500 |
| Rent per square foot | $2.85 |
| Waterfront | 6 |
| With private pool | 66 |
| In 55+ communities | 22 |
MLS data as of September 22, 2026.
The Palmetto Bay rental market currently offers 73 homes. The rental inventory breaks down as 37 single-family, 20 condo, 16 townhome. Median rent: $2,807 per month. Typical range: $1,678 to $10,500 per month. Average rent per square foot: $2.85. For comparison, the for-sale market holds 87 listings at a median of $1,475,000. Figures reflect MLS data as of 2026-09-22.
Palmetto Bay sees steady rental demand year-round, with inventory ranging from one-bedroom condos to single-family homes with a yard.
Inventory split between amenity condos and single-family homes, with association rules that vary widely between communities.
Frequently asked questions
- Who pays utilities on a Palmetto Bay rental?
- It varies by property. In condos, water, trash and sometimes internet are often bundled into the association fee; in detached homes the tenant typically covers everything.
- What is the minimum lease term in Palmetto Bay?
- Many communities require 12 months and cap how many times per year a unit can be rented. Some allow 3 to 6 month seasonal terms, usually at a higher monthly rate.
- What do I need to rent in Palmetto Bay?
- Typically an application with credit and background check, proof of income (2.5 to 3 times the rent is common) and valid ID. At signing, first month, last month and a security deposit are standard.
📡
Market Pulse
Based on 59 closed leases in Palmetto Bay · last 12 months
💰
Median Closed Rent
$4,600
from closed leases
📅
Avg. Days on Market
30 days
from list to signed lease
📊
Absorption Rate
17.4%
of inventory leased per month
Source: Spark MLS · Updated every 6h
Search by feature in Palmetto Bay
Popular searches in Palmetto Bay
Single Family in Palmetto Bay76 listingsWith Garage in Palmetto Bay70 listingsPool Homes in Palmetto Bay66 listingsNo HOA in Palmetto Bay66 listingsLuxury Homes in Palmetto Bay61 listingsPet Friendly in Palmetto Bay48 listingsImpact Glass Homes in Palmetto Bay46 listings4 Bedrooms in Palmetto Bay39 listings5+ Bedrooms in Palmetto Bay28 listings55+ Homes in Palmetto Bay22 listingsHomes $500K–$1M in Palmetto Bay17 listings3 Bedrooms in Palmetto Bay15 listingsHomes Under $500K in Palmetto Bay9 listingsCondos in Palmetto Bay6 listingsWaterfront in Palmetto Bay6 listings2 Bedrooms in Palmetto Bay5 listingsTownhomes in Palmetto Bay5 listingsNew Construction Homes in Palmetto Bay4 listingsFurnished Homes in Palmetto Bay2 listingsOcean View Homes in Palmetto Bay2 listings
Top communities in Palmetto Bay
Other cities near Palmetto Bay
Contact options
Stay updated with new rentals in Palmetto Bay. Get notified when properties matching your criteria hit the market.
Email alerts
Listings in Palmetto Bay
Active · Palmetto Bay
$3,000
16575 Old Cutler Road 16575, Palmetto Bay, FL 33157 · Palmetto Bay · FL 33157
2 bd · 2 ba · 1,150 sqft
View detailsActive · Palmetto Bay
$5,900
17120 SW 92nd Court, Palmetto Bay, FL 33157 · Palmetto Bay · FL 33157
5 bd · 4 ba · 2,633 sqft
View detailsActive · Palmetto Bay
$1,700
14500 SW 88th Avenue 224, Palmetto Bay, FL 33176 · Palmetto Bay · FL 33176
1 bd · 1 ba · 575 sqft
Pool
View details
↓ Price dropActive · Palmetto Bay
$2,100
15385 S Dixie Highway 12, Palmetto Bay, FL 33157 · Palmetto Bay · FL 33157
2 bd · 2 ba · 1,330 sqft
View details
Active · Palmetto Bay
$2,812
17945 SW 97th Avenue 208, Palmetto Bay, FL 33157 · Palmetto Bay · FL 33157
2 bd · 2 ba · 1,095 sqft
View details
Active · Palmetto Bay
$2,859
17945 SW 97th Avenue 445, Palmetto Bay, FL 33157 · Palmetto Bay · FL 33157
2 bd · 2 ba · 1,095 sqft
View details
Active · Palmetto Bay
$2,807
17945 SW 97th Avenue 251, Palmetto Bay, FL 33157 · Palmetto Bay · FL 33157
2 bd · 2 ba · 1,095 sqft
View details
