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Newest Homes for Rent in Palmetto Bay, FL

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  • /55

    Starting at $3,199 Per Month

    • 2 - 4 Beds

    18185 SW 98th Ave, Palmetto Bay, FL 33157

    Elevated LivingDiscover a new level of comfort and convenience at The Addison in the highly sought-after Palmetto Bay area. This community offers a selection of two-, three-, and four-bedroom townhomes, all with a private two-car garage. Each residence is crafted with smart home technology, and some units are designed for multi-generational living. Ground-floor bedrooms are equipped with

    The Addison in Palmetto Bay

    18185 SW 98th Ave, Palmetto Bay, FL 33157
  • /50

    Starting at $2,047 Per Month

    • Studio - 3 Beds

    9420-9500 SW 174th St, Palmetto Bay, FL 33157

    Indigo Palmetto Bay

    Indigo Palmetto Bay

    9420-9500 SW 174th St, Palmetto Bay, FL 33157
  • /45

    Starting at $2,456 Per Month

    • 1 - 3 Beds

    17945 SW 97th Ave, Palmetto Bay, FL 33157

    When Leisure and luxury share the same address you have arrived home to Palmetto Station. Nestled in the heart of Palmetto Bay this impressive community is close to an array of unique restaurants and shops, along with premier entertainment. We have created unique one-bedroom, two-bedroom, and three-bedroom apartments homes with lavish features such as expansive floor plans with 9 to 12-foot

    Palmetto Station

    17945 SW 97th Ave, Palmetto Bay, FL 33157
  • /35

    Starting at $1,865 Per Month

    • Studio - 3 Beds

    18301 S Dixie Hwy, Miami, FL 33157

    Bay Village1 is ready to make your dream home come true with our beautifully designed Palmetto Bay apartments. Our wide variety of studio, one, two, and three-bedroom floor plans are complemented by modern amenities and an excellent location close to wherever you need to be. Each residence comes designed with features and fixtures that one expects in a luxury residence. From elegant,

    Bay Village1

    18301 S Dixie Hwy, Miami, FL 33157
  • /36

    Starting at $2,150 Per Month

    • 1 - 3 Beds

    18300 SW 98th Ave, Palmetto Bay, FL 33157

    Ascend into luxury apartment living at Vistas Palmetto Bay. Our five-story, 60-unit boutique community offers unique modern amenities and upscale finishes that feel as though every day is an exclusive vacation. Each unit features high ceilings, adding to the spacious and airy ambiance. You'll find modern European-style kitchen cabinetry, quartz countertops, stainless steel appliances,

    Vistas Palmetto Bay

    18300 SW 98th Ave, Palmetto Bay, FL 33157
  • /4

    $2,000 Per Month

    • 2 Beds
    • 1 Bath
    • 1,003 Sq Ft
    • Condo for Rent

    9760 SW 184th St Unit 9A, Cutler Bay, FL 33157

    $2,000 - 2/1 apartment all tile floor at Cutler Bay convenience location to everywhere shopping center, bank, school, close to major road US1 and Turnpike. call listing agent for showing 2/1 apartment all tile floor at Cutler Bay

    9760 SW 184th St Unit 9A, Cutler Bay, FL 33157
  • /62

    $6,000 Per Month

    • 4 Beds
    • 2 Baths
    • 1,981 Sq Ft
    • House for Rent

    16840 SW 87th Ave, Palmetto Bay, FL 33157

    Live the exceptional Palmetto Bay lifestyle in this beautifully updated canal front residence, ideally located in one of Miami's most sought-after communities. Designed for comfortable living and effortless entertaining, the home features an open-concept floor plan with spacious living and dining areas, a butler's pantry, and a stunning remodeled kitchen with quartz countertops, custom cabinetry,

    Pilar Aparicio Compass Florida, LLC

    16840 SW 87th Ave, Palmetto Bay, FL 33157
  • /12

    $2,200 Per Month

    • 2 Beds
    • 2 Baths
    • 980 Sq Ft
    • Condo for Rent

    15391 S Dixie Hwy Unit 61, Miami, FL 33157

    Tucked away in a quiet, private Palmetto Bay community, this beautifully renovated 2-bedroom, 2-bathroom condo is move-in ready and offered at $2,200/month. The bright 980 sq. ft. home features an updated kitchen equipped with modern stainless steel appliances, updated full bathrooms, and newer ceramic flooring throughout. Additional upgrades include a newer A/C system and 1 assigned garage

    15391 S Dixie Hwy Unit 61, Miami, FL 33157
  • /12

    $2,200 Per Month

    • 2 Beds
    • 2 Baths
    • 980 Sq Ft
    • Condo for Rent

    15391 S Dixie Hwy Unit 61, Palmetto Bay, FL 33157

    Tucked away in a quiet, private Palmetto Bay community, this beautifully renovated 2-bedroom, 2-bathroom condo is move-in ready and offered at $2,200/month. The bright 980 sq. ft. home features an updated kitchen equipped with modern stainless steel appliances, updated full bathrooms, and newer ceramic flooring throughout. Additional upgrades include a newer A/C system and 1 assigned garage

    Claudia San Roman Coldwell Banker Realty

    15391 S Dixie Hwy Unit 61, Palmetto Bay, FL 33157
  • /4

    $6,300 Per Month

    • 3 Beds
    • 2 Baths
    • 2,046 Sq Ft
    • House for Rent

    15221 SW 82nd Ave, Palmetto Bay, FL 33157

    Coming Soon in Palmetto Bay, ready for mid-August. Welcome to this beautifully remodeled 3-bedroom, 2-bathroom home tucked on a lush, green half-acre builder's lot in the heart of Palmetto Bay — zoned for coveted Coral Reef Elementary. Step outside to your private backyard oasis: a sparkling pool complete with a sun shelf/tanning ledge — the perfect spot to lounge under an umbrella with your feet

    Lisa Fox Coldwell Banker Realty

    15221 SW 82nd Ave, Palmetto Bay, FL 33157
  • /55

    $8,500 Per Month

    • 4 Beds
    • 3 Baths
    • 3,000 Sq Ft
    • House for Rent

    15845 SW 87th Ave, Palmetto Bay, FL 33157

    Discover the charm of Pinecrest living in this beautifully updated 4-bedroom, 3-bathroom home in the highly sought after Village of Pinecrest. Situated on a spacious corner lot, this residence features a sparkling pool and spa, expansive covered patio, and lush tropical landscaping, creating the perfect setting for outdoor enjoyment. Inside, you'll find soaring ceilings, spacious living areas, an

    Attila Yildiz Coldwell Banker Realty

    15845 SW 87th Ave, Palmetto Bay, FL 33157
  • /16

    $1,950 Per Month

    • 2 Beds
    • 1 Bath
    • 765 Sq Ft
    • Condo for Rent

    9760 SW 184th St Unit 6D, Cutler Bay, FL 33157

    Beautifully remodeled 2-bedroom, 1-bath first-floor condo featuring a modern open-concept layout. Completely renovated with contemporary finishes and conveniently located just steps from the assigned parking space. Centrally located near shopping, restaurants, schools, and major highways. The community has a brand-new roof and is undergoing additional exterior improvements. Move-in ready

    Raul Barrero Ravasa Investment Realty LLC

    9760 SW 184th St Unit 6D, Cutler Bay, FL 33157
  • /36

    $11,500 Per Month

    • 4 Beds
    • 2.5 Baths
    • 3,425 Sq Ft
    • House for Rent

    15440 SW 78th Ct, Palmetto Bay, FL 33157

    Welcome to this exceptional 4-bedroom, 2.5-bathroom single-family residence nestled on an expansive lot in the heart of Palmetto Bay. Designed for both everyday living and unforgettable entertaining, this property offers the perfect blend of comfort, recreation, and outdoor enjoyment. Step outside to your own private backyard oasis featuring a sparkling pool, summer kitchen, charming tiki hut,

    Jorge Besu Coldwell Banker Realty

    15440 SW 78th Ct, Palmetto Bay, FL 33157
  • /5

    $1,750 Per Month

    • 1 Bed
    • 1 Bath
    • 575 Sq Ft
    • Condo for Rent

    14500 SW 88th Ave Unit 119, Palmetto Bay, FL 33176

    Nice, quiet one bedroom in Palmetto Bay with updated kitchen and bathroom with tile and wood laminate floors in the bedroom. Impact windows and doors and one assigned parking spot. Walk-in closet. Gated community with direct access to Publix next door.

    Steven Koleno Beycome of Florida LLC

    14500 SW 88th Ave Unit 119, Palmetto Bay, FL 33176
  • /6

    $2,350 Per Month

    • 2 Beds
    • 1 Bath
    • 950 Sq Ft
    • Townhouse for Rent

    Unlisted Address

    Cozy 2 bedroom 1 bathroom, 1 block away from US!, Close to shopping, Publix, restaurants, The Falls, Close to public transportation, and parking spot available in front of unit. No HOA... Fast Approval! Please text listing agent for schedule showing.

    Unlisted Address
  • /14

    $2,400

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 1,100 Sq Ft
    • Townhouse for Rent

    15385 S Dixie Hwy, Miami, FL 33157

    Location! Location! Location! Live in Palmetto Bay without paying Palmetto Bay prices! Won't last! Two Bedrooms. Two Full Baths. One Large Walk-in Closet. Patio Area. (1) Pet (Cat/Dog) Allowed (under 40 lbs-must provide, pet deposit to association, photo and proof of vacinations). Grade A Schools. Centralized (Quiet) Area. Very close to hosptial. Community Pool with BBQ area.

    15385 S Dixie Hwy, Miami, FL 33157
  • /12

    $1,850 Per Month

    • 2 Beds
    • 1 Bath
    • 801 Sq Ft
    • Condo for Rent

    17255 SW 95th Ave Unit 211, Palmetto Bay, FL 33157

    Discover the allure of this quaint 2 bedroom, 1 bath condo nestled in Palmetto Bay. Conveniently located near restaurants, shopping centers, and parks, this cozy retreat offers an ideal blend of comfort and convenience. Don't miss out on this opportunity to embrace the Palmetto Bay lifestyle!

    Miguel Perez Realty Hub

    17255 SW 95th Ave Unit 211, Palmetto Bay, FL 33157
  • /16

    $2,700 Per Month

    • 3 Beds
    • 1 Bath
    • 1,468 Sq Ft
    • House for Rent

    16921 SW 94th Ave Unit 16921, Palmetto Bay, FL 33157

    Move-in ready in just 24 hours! This 3-bedroom, 1-bathroom single-family home has no HOA. The property features a spacious driveway with parking for up to 5 vehicles and a large backyard—perfect for entertaining, relaxing, or enjoying outdoor living. Requires a one-month security deposit. Contact me today to schedule a private viewing before it's gone!

    Yusmay Canizalez Canizalez First Step Realty Group

    16921 SW 94th Ave Unit 16921, Palmetto Bay, FL 33157
  • /9

    $2,500 Per Month

    • 2 Beds
    • 2 Baths
    • 950 Sq Ft
    • Townhouse for Rent

    8736 SW 145th St Unit 8736, Palmetto Bay, FL 33176

    Cozy 2 bedroom 2 bathroom, 1 block away from US!, Close to shopping, Publix, restaurants, The Falls, Close to public transportation, and parking spot available in front of unit. No HOA... Fast Approval! Please text listing agent for schedule showing.

    8736 SW 145th St Unit 8736, Palmetto Bay, FL 33176
  • /35

    $8,500 Per Month

    • 4 Beds
    • 3 Baths
    • 2,409 Sq Ft
    • House for Rent

    15540 SW 82nd Ct, Palmetto Bay, FL 33157

    Beautifully updated single-story 4BD/ 3BA home, on a quiet corner lot in one of Palmetto Bay’s most desirable neighborhoods. Ideal floor plan and inviting living spaces include formal living and dining rooms, plus a spacious family room with bar overlooking the sparkling pool and partially screened sun room. Charming kitchen features white cabinetry, pantry, and direct pool access for easy

    Drew Kern BHHS EWM Realty

    15540 SW 82nd Ct, Palmetto Bay, FL 33157
  • /81

    $13,000 Per Month

    • 5 Beds
    • 6.5 Baths
    • 4,036 Sq Ft
    • House for Rent

    13401 SW 83rd Ave, Miami, FL 33156

    Location! location! location! This spacious 5 bedrooms 6.5 bathrooms home located in the heart of the desirable neighborhood of Pinecrest. It offers room for everyone with over 4,000 SF of living space. Four of the five bedrooms are en-suite. Beautiful remodeled large Euro eat-in kitchen, split bedroom plan, brand new ceramic tile and vinyl throughout. Brand new bathrooms, Over-sized 47,000 SF

    13401 SW 83rd Ave, Miami, FL 33156
  • /5

    $1,650 Per Month

    • 1 Bed
    • 1 Bath
    • 560 Sq Ft
    • Condo for Rent

    9760 SW 184th St Unit 17B, Cutler Bay, FL 33157

    $1,650 - 1/1 apartment at Cutler Bay close to everywhere US1 major road, Turnpike, shopping center, school, convenience location. call listing agent for showing

    Lie Lo Florida Capital Realty

    9760 SW 184th St Unit 17B, Cutler Bay, FL 33157
  • /4

    $1,750 Per Month

    • 2 Beds
    • 1 Bath
    • 765 Sq Ft
    • Condo for Rent

    9760 SW 184th St Unit 15D, Cutler Bay, FL 33157

    $1,750 - 2/1 apartment at Cutler Bay close to everywhere convenience location, close to US1 major road, Turnpike, shopping center, call listing agent for showing.

    Lie Lo Florida Capital Realty

    9760 SW 184th St Unit 15D, Cutler Bay, FL 33157
  • /73

    $6,000 Per Month

    • 4 Beds
    • 3 Baths
    • 2,446 Sq Ft
    • House for Rent

    8220 SW 152nd St, Palmetto Bay, FL 33157

    Welcome to this elegant single-family home featuring 4 bedrooms, 3 bathrooms, plus a versatile extra room that can be used as a home office, playroom, or 5th bedroom. From the moment you arrive you'll appreciate the gated entrance, circular driveway, and additional parking, offering both privacy and convenience. GATE IS OPEN, YOU NEED TO PULL IT, IT WILL BE REPAIRED PRIOR TO ANYONE MOVING IN. A

    Michaelle LaGuerre The Keyes Company

    8220 SW 152nd St, Palmetto Bay, FL 33157
  • /30

    $4,500 Per Month

    • 3 Beds
    • 2 Baths
    • 1,617 Sq Ft
    • House for Rent

    Unlisted Address

    POWER & WATER INCLUDED! Spacious 3BR/2BA pool home in Palmetto Bay featuring updated kitchen, modern baths, and open living areas. Enjoy a private backyard w/ pool, safety fence & cheekee hut. Prime location near Black Point Marina, Deering Estate, and Zoo Miami. Minutes to The Falls & Southland Malls, dining, and top schools with easy access to US-1 and the Turnpike for quick trips to the Keys.

    Paula Barrera BHHS EWM Realty

    Unlisted Address
  • /22

    $1,780 Per Month

    • 1 Bed
    • 1 Bath
    • 575 Sq Ft
    • Condo for Rent

    14500 SW 88th Ave Unit 217, Palmetto Bay, FL 33176

    Welcome home to this beautifully maintained 1-bedroom, 1-bath condo in the heart of highly desirable Palmetto Bay. Combining comfort, style, and convenience, this move-in ready residence is perfect for anyone seeking low-maintenance living in one of Miami-Dade's most sought-after communities. Step inside to a bright and inviting floor plan featuring tile flooring throughout and a tastefully

    Pedro Casanova Keller Williams Realty Premier Properties

    14500 SW 88th Ave Unit 217, Palmetto Bay, FL 33176
  • /50

    $8,200 Per Month

    • 4 Beds
    • 3 Baths
    • 2,380 Sq Ft
    • House for Rent

    15101 SW 69th Ct, Palmetto Bay, FL 33158

    Beautifully updated 4BR/3BA home on one of Palmetto Bay's most desirable tree-lined streets! Situated on an oversized 21,736 SF corner lot, this bright, spacious home offers over 2,500 SF with formal living and dining rooms, a large family room, and an updated kitchen featuring white cabinetry, quartz countertops, and stainless steel appliances. French doors and expansive windows overlook the

    Claudia Benitez BHHS EWM Realty

    15101 SW 69th Ct, Palmetto Bay, FL 33158
  • /2

    $5,800 Per Month

    • 4 Beds
    • 2 Baths
    • 2,096 Sq Ft
    • House for Rent

    9320 SW 167th St, Palmetto Bay, FL 33157

    Exceptional opportunity to lease a fully renovated pool home in one of Palmetto Bay's most desirable neighborhoods. This 4-bedroom, 2-bath residence has been thoughtfully updated from top to bottom featuring a new kitchen, updated bathrooms, new appliances, tile flooring, new window treatments, a new roof, and a recently refinished pool. Designed for both everyday living and entertaining, the

    Florence Saade Brown Harris Stevens

    9320 SW 167th St, Palmetto Bay, FL 33157
  • /12

    $2,250 Per Month

    • 2 Beds
    • 2 Baths
    • 1,110 Sq Ft
    • Townhouse for Rent

    15385 S Dixie Hwy 22 Hwy Unit 22, Palmetto Bay, FL 33157

    Amazing location in Palmetto Bay. Great school district and quick access to us1. 2 story townhouse with assigned parking and plenty of guest parking. Freshly painted with 2 full baths and a private patio. PETS OK. Easy to show and realtors are welcome.

    Isis Carlo London Foster Realty

    15385 S Dixie Hwy 22 Hwy Unit 22, Palmetto Bay, FL 33157
  • /2

    $2,250 Per Month

    • 2 Beds
    • 2 Baths
    • 1,110 Sq Ft
    • Townhouse for Rent

    15385 S Dixie Hwy Unit 22, Palmetto Bay, FL 33157

    Amazing location in Palmetto Bay. Great school district and quick access to us1. 2 story townhouse with assigned parking and plenty of guest parking. Freshly painted with 2 full baths and a private patio. PETS OK. Easy to show and realtors are welcome.

    15385 S Dixie Hwy Unit 22, Palmetto Bay, FL 33157
  • /43

    $18,000 Per Month

    • 7 Beds
    • 5 Baths
    • 3,545 Sq Ft
    • House for Rent

    14601 Pompano Dr, Coral Gables, FL 33158

    Don't miss the opportunity to live in the highly sought after gated neighborhood of Kings Bay. This 7 bedroom 5 bathroom spacious home comes fully furnished if desired and ready to move in. It is the ideal family and entertainment home. For showings contact the Listing Agent for appointment.

    Victoria Sordo Icon R.E. Consultants, LLC

    14601 Pompano Dr, Coral Gables, FL 33158
  • /30

    $2,195 Per Month

    • 2 Beds
    • 2 Baths
    • 777 Sq Ft
    • House for Rent

    8701 SW 141st St, Palmetto Bay, FL 33176

    Well maintained 2-bedroom, 2-bath condo in desirable Palmetto Bay. This bright and inviting residence features an open living and dining area, a private balcony, and a spacious primary suite with an en-suite bathroom. The functional layout offers comfortable everyday living with plenty of natural light.Enjoy the convenience of assigned parking and access to the community pool. Ideally

    8701 SW 141st St, Palmetto Bay, FL 33176
  • /22

    $3,000 Per Month

    • 4 Beds
    • 2.5 Baths
    • Condo for Rent

    17100 SW 94th Ave Unit 503, Palmetto Bay, FL 33157

    BY FAR THE BEST PRICE. 2- STORY CONDO IN QUIET GATED COMMUNITY. LARGE LIVING FAMILY AND DINING. FOUR GOOD BEDROOMS,2.5 BATHROOMS. NEXT TO TENNIS AND POOL. SELLER WILL LISTEN TO ALL OFFERS.AS IS.

    Bifen Xiong Florida Realty of Miami Corp

    17100 SW 94th Ave Unit 503, Palmetto Bay, FL 33157
  • /32

    $3,300 Per Month

    • 3 Beds
    • 2 Baths
    • 1,078 Sq Ft
    • House for Rent

    18225 SW 94th Ave, Palmetto Bay, FL 33157

    Beautiful 3-bedroom, 2-bath home in desirable Palmetto Bay. Features include a screened-in porch offering additional outdoor living space and a fully fenced, lush backyard with ample green area—ideal for relaxing or entertaining. Located in a family-friendly neighborhood within a top-rated school district. Just minutes from Palmetto Bay Park with expansive greenspace, shaded walking/jogging

    18225 SW 94th Ave, Palmetto Bay, FL 33157
  • /35

    $7,000 Per Month

    • 5 Beds
    • 4 Baths
    • 2,702 Sq Ft
    • House for Rent

    9340 SW 177th St, Palmetto Bay, FL 33157

    For Rent. Luxury Home in Palmetto Bay. Experience luxury living in tis exceptional home located in the prestigious Palmetto Bay community, known for its top-rated schools and beautiful neighborhoods. Property features, 5 spacious bedrooms, 4 full bathrooms, 2 luxurious primary suites, spacious family room, soaring high ceilings, spacious kitchen, separate laundry room, 2-car garage. covered

    Julia Celie Coldwell Banker Realty

    9340 SW 177th St, Palmetto Bay, FL 33157
  • /40

    $2,600 Per Month

    • 3 Beds
    • 2 Baths
    • 1,164 Sq Ft
    • House for Rent

    9440 SW 169th St, Palmetto Bay, FL 33157

    Palmetto Bay 3/2 Duplex in great location. Large fenced private yard and parking for two cars directly in front of unit. Tiled throughout, newer appliances, Washer and dryer, new roof and freshly painted. Hurricane accordian- shutters, very spacious and private. New LED lighting, exterior on automatic timers. Main bedroom suite, split plan, with additional bathroom for the two other bedrooms.

    9440 SW 169th St, Palmetto Bay, FL 33157
  • /12

    $2,400 Per Month

    • 2 Beds
    • 1.5 Baths
    • 1,110 Sq Ft
    • Condo for Rent

    15389 S Dixie Hwy 25 Hwy 25 Unit 25, Palmetto Bay, FL 33157

    Lovely corner townhome in Palmetto Bay. Contemporary style with a custom kitchen & large granite peninsula. A spacious dining & family room, wall-to-wall sliding glass doors, storm shutters & a gated patio. The open staircase leads to generously sized bedrooms and big walk-in closet. Residents have 2 reserved parking spaces in front, access to great public schools, Clubhouse & pool. The Falls

    15389 S Dixie Hwy 25 Hwy 25 Unit 25, Palmetto Bay, FL 33157
  • /12

    $2,400 Per Month

    • 2 Beds
    • 1.5 Baths
    • 1,110 Sq Ft
    • Condo for Rent

    15389 S Dixie Hwy 25 Hwy Unit 25, Palmetto Bay, FL 33157

    Lovely corner townhome in Palmetto Bay. Contemporary style with a custom kitchen & large granite peninsula. A spacious dining & family room, wall-to-wall sliding glass doors, storm shutters & a gated patio. The open staircase leads to generously sized bedrooms and big walk-in closet. Residents have 2 reserved parking spaces in front, access to great public schools, Clubhouse & pool. The Falls

    Rodrigo Barbosa Premier Flat Fee Realty LLC

    15389 S Dixie Hwy 25 Hwy Unit 25, Palmetto Bay, FL 33157
  • /10

    $1,900 Per Month

    • 1 Bed
    • 1 Bath
    • 575 Sq Ft
    • Condo for Rent

    14500 SW 88th Ave Unit 151, Palmetto Bay, FL 33176

    Gorgeous first floor unit. Completely renovated, impact windows. Large living area, spacious bedroom, large walk-in closet + more closet. Gated community, pool and lush garden. The Falls area, Close to Super Markets, shops, restaurants and Xways.

    Maria Vigo Real Estate TeamMates

    14500 SW 88th Ave Unit 151, Palmetto Bay, FL 33176
  • /14

    $3,200

    Total Monthly Price

    • 3 Beds
    • 2.5 Baths
    • 1,120 Sq Ft
    • Townhouse for Rent

    15800 SW 92nd Ave, Palmetto Bay, FL 33157

    Don't miss this precious waterfront Townhouse in Palmetto Bay! Contact us below. New on the market EAST OF US1, (NORTH of canal shows WRONG on maps), prime location, great schools, freshly painted unit with canal view in a gated community. A dream townhome, 3 bedrooms, 2.5 baths, it's within proximity to Deering Estate - Peoples Dock in 7 minute and close to Matheson Beach... ready for you to

    15800 SW 92nd Ave, Palmetto Bay, FL 33157

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Frequently Asked Questions

How much does it cost to rent a home in Palmetto Bay, FL?
The median rent for a home in Palmetto Bay, FL is $3,300 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Palmetto Bay, FL?
To comfortably afford the median rent in Palmetto Bay, FL, a household needs to earn roughly $132,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $3,300 per month in Palmetto Bay, FL, renters typically need to show $9,900 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Palmetto Bay, FL?
In Palmetto Bay, FL, the price-to-rent ratio is 27.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Palmetto Bay, FL are best for renting a home?
The best neighborhood for renting in Palmetto Bay, FL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Deering Bay, Palmetto Estates, West Perrine, Richmond Heights and Gables By The Sea, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
157
Median Rent
$3,300
Median Single Family Home Rent
$6,000
Median Townhouse Rent
$3,298
Median Condo Rent
$2,000
How to Rent a Home