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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 $1,985 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 $1,935 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
  • /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

    $2,500

    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
  • /21

    $2,700 Per Month

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

    9400 SW 169th St, Palmetto Bay, FL 33157

    Palmetto Bay 3/2 Duplex in great location. Corner unit with large 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, plus additional bathroom for the two other bedrooms. very well

    9400 SW 169th St, Palmetto Bay, FL 33157
  • /2

    $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
  • /45

    $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

    $8,500 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
  • /4

    $2,500 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

    $2,500 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
  • /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
  • /28

    $2,195 Per Month

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

    8701 SW 141st St Unit L6, 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 located

    Laudy Florentino Managenest, LLC.

    8701 SW 141st St Unit L6, Palmetto Bay, FL 33176
  • /105

    $15,000 Per Month

    • 5 Beds
    • 3 Baths
    • 2,902 Sq Ft
    • House for Rent

    7945 SW 141st Terrace, Palmetto Bay, FL 33158

    Beautiful single family home located in Palmetto Bay. This spacious 5 bedroom, 3 bathroom home features 2,902 sq ft of living space on a 14,947 sq ft lot. Available for annual rental.

    Andrew Rasken Cube Group Realty, LLC

    7945 SW 141st Terrace, Palmetto Bay, FL 33158
  • /70

    $2,500 Per Month

    • 2 Beds
    • 2 Baths
    • 1,949 Sq Ft
    • Townhouse for Rent

    Unlisted Address

    Welcome home to this beautifully maintained 2-bed, 2-bath residence. Find comfort, privacy, and convenience you've been looking for. With its own private entrance and fenced backyard, this home provides the feel of single-family living while enjoying the ease of a low-maintenance rental.Inside, you'll find a bright and comfortable floor plan with living and dining areas, and kitchen and two

    Unlisted Address
  • /18

    $2,500 Per Month

    • 2 Beds
    • 2 Baths
    • 835 Sq Ft
    • Apartment for Rent

    14500 SW 88th Ave Unit 247, Palmetto Bay, FL 33176

    Discover this spacious, renovated 2-bedroom, 2-bathroom apartment in an attractive gated community in Palmetto Bay! The kitchen and bathroom feature elegant granite countertops complemented by stainless steel appliances. This beautiful unit has been freshly painted. Ideally located just minutes from Highway 826, Dadeland Mall, and The Falls Mall, it is close to everything you need!

    Carmen Diaz Chacin Florida Realty of Miami Corp

    14500 SW 88th Ave Unit 247, Palmetto Bay, FL 33176
  • /22

    $2,400 Per Month

    • 2 Beds
    • 1.5 Baths
    • 1,018 Sq Ft
    • Townhouse for Rent

    9112 SW 159th Terrace Unit A, Palmetto Bay, FL 33157

    Excellent 2 Bedroom/1.5 Bath in Palmetto Bay!! Central Location in a quiet community. Home features a quaint patio area and is directly in front of the canal making for a serene outdoor space. Large living/dining room downstairs with a large, well appointed kitchen with a new stainless steel refrigerator and half bathroom. There is also a new Washer/Dryer that are INSIDE the unit. Upstairs are 2

    Alvaro Solorzano London Foster Realty

    9112 SW 159th Terrace Unit A, Palmetto Bay, FL 33157
  • /47

    $12,500 Per Month

    • 5 Beds
    • 6 Baths
    • 4,303 Sq Ft
    • Townhouse for Rent

    6230 Paradise Point Dr, Palmetto Bay, FL 33157

    Experience an extraordinary waterfront lifestyle in the prestigious, guard-gated Royal Harbour Yacht Club, where timeless elegance meets resort-style living. Spanning more than 4,000 square feet, this spectacular tri-level waterfront residence offers the perfect balance of luxury, comfort, and effortless indoor-outdoor living. A private elevator services every level, while the expansive rooftop

    Maggie Salas Bestway Realty Sales, LLC

    6230 Paradise Point Dr, Palmetto Bay, FL 33157
  • /23

    $6,000 Per Month

    • 4 Beds
    • 2.5 Baths
    • 1,968 Sq Ft
    • House for Rent

    17050 SW 83rd Ave, Palmetto Bay, FL 33157

    Fantastic, newly remodeled 4 bdrm, 2.5 bath home in Palmetto Bay. New shingle roof, PVC plumbing,electrical, impact windows/doors, sprinkler system! Lovely terrace entry. Open concept living area withformal living/ dining and separate family room off the kitchen. New plank tile flooring. Light and brightkitchen features center island with counter seating, white cabinetry, quartz

    Drew Kern BHHS EWM Realty

    17050 SW 83rd Ave, Palmetto Bay, FL 33157
  • /32

    $9,500 Per Month

    • 5 Beds
    • 3.5 Baths
    • 3,312 Sq Ft
    • House for Rent

    8164 SW 171st St, Palmetto Bay, FL 33157

    Beautiful home in a private community with a resort-style backyard filled with lush plants and a relaxing courtyard. Enjoy a six person sauna, plus two BBQ areas (gas and traditional), perfect for entertaining. The property also includes a separate outdoor room with a full bathroom—ideal for guests or a private workspace. A unique home designed for comfort, privacy, and outdoor living.

    8164 SW 171st St, Palmetto Bay, FL 33157
  • /14

    $1,950

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 1,000 Sq Ft
    • Condo for Rent

    14500 SW 88th Ave Unit VILLAGIO AT PALMETTO BAY, Palmetto Bay, FL 33176

    Beautiful 2-Bedroom, 2-Bath Apartment for Rent?? Villagio at Palmetto Bay – Palmetto Bay, FLWelcome to this charming first-floor, 2-bedroom, 2-bath residence located in the highly desirable Villagio at Palmetto Bay community.This inviting home offers the perfect blend of comfort, convenience, and tranquility in one of South Miami's most sought-after neighborhoods. Surrounded

    14500 SW 88th Ave Unit VILLAGIO AT PALMETTO BAY, Palmetto Bay, FL 33176

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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 July 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 27.8, 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
155
Median Rent
$3,300
Median Single Family Home Rent
$6,000
Median Townhouse Rent
$3,250
Median Condo Rent
$2,000
How to Rent a Home