5

Studio Apartments for Rent in Palmetto, FL

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  • /22

    Starting at $1,456 Per Month

    • Studio - 3 Beds

    2307 89th St E, Palmetto, FL 34221

    Located in Palmetto, FL just minutes from St. Petersburg, Bradenton, and Sarasota, this gated community offers striking one-, two-, and three-bedroom apartment homes with modern finishes, lakefront amenities, and easy access to I-275 and I-75. For those who know how perfect Florida can be, Alton Palmetto offers a calmer, more connected kind of coastal living.

    Alton Palmetto

    2307 89th St E, Palmetto, FL 34221
  • /12

    $930 Per Month

    • Studio
    • 1 Bath
    • Condo for Rent

    2005-2011 Bayshore Rd Unit 2005 B, Palmetto, FL 34221

    Property Id: 2470909Welcome to this cozy studio apartment in Palmetto, FL! This unit features 1 bathroom, a fenced yard, security cameras, and designated parking space. The Flat Fee $150,- includes Water, Electricity and Trash. Don't miss out on this amazing opportunity!

    2005-2011 Bayshore Rd Unit 2005 B, Palmetto, FL 34221

Why Live in Palmetto

Palmetto, Florida, is a Gulf Coast city bordered by the Manatee River and Terra Ceia Bay, known for its early 20th-century charm and vibrant boating community. The city features historic landmarks like the Palmetto Historical Park and Colonial homes dating back to the 1900s. Sutton Park, located across from the historical park, hosts family events such as the Fourth of July festival and the DeSoto Children’s Parade. Housing options range from manufactured homes to high-rise condominiums and waterfront estates, particularly on Snead Island and along the Manatee River. The city is home to the highly rated Manatee School for the Arts, serving grades six through 12. Local attractions include Blackstone Park’s athletic fields, the annual Manatee County Fair, and the Bradenton Area Convention Center. Anglers can enjoy fishing tournaments like the Crosthwait Memorial Fishing Tournament, while joggers and bikers frequent the pathways at Emerson Point Preserve. Dining options are plentiful along the U.S. Route 41 business corridor, with popular spots like the Riverhouse Waterfront Restaurant and D’s Breakfast & Burgers. Palmetto residents have convenient access to Sarasota Bradenton International Airport, 12 miles south, and medical care at Manatee Memorial Hospital, 3 miles away. The city also prepares for hurricane season with evacuation maps and shelters, encouraging residents to install storm shutters.

Frequently Asked Questions

How much does it cost to rent a home in Palmetto, FL?
The median rent for a home in Palmetto, FL is $2,275 per month, though prices vary by neighborhood, size, and property type. As of July 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Palmetto, FL?
To comfortably afford the median rent in Palmetto, FL, a household needs to earn roughly $91,000 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 $2,275 per month in Palmetto, FL, renters typically need to show $6,825 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, FL?
In Palmetto, FL, the price-to-rent ratio is 14.1, 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, FL are best for renting a home?
The best neighborhood for renting in Palmetto, FL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Central Bradenton, Downtown Sarasota and Downtown Saint Petersburg, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$2,275
Median Single Family Home Rent
$2,350
Median Townhouse Rent
$2,049
Median Condo Rent
$2,275
How to Rent a Home