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Miami-Dade County rent, by city

Rent in Palmetto Bay

HUD's 2027 Fair Market Rent for a two-bedroom in Palmetto Bay is $3,290 a month, rent plus utilities. New listings usually ask more.

Palmetto Bay renters reported a median gross rent of $2,101 a month (Census, 2020 to 2024).

See all 63 rentals in Palmetto Bay

Homes for rent in Palmetto Bay now

  • Photo 1 of 4 bed, 4.5 bath townhouse in Palmetto Bay
    50 photos

    $15,500rent + listed fees

    Move-in costWe'll get it

    4 bd · 4.5 ba · 4,800 sq ft Townhouse

    Palmetto Bay, Miami-Dade County

    Listed by One Sotheby's International Realty · MLS# A12019930On the MLS · Updated today, Mon Nov 2

  • Photo 1 of 5 bed, 5 bath house in Palmetto Bay
    50 photos

    $17,000rent + listed fees

    Move-in costWe'll get it

    5 bd · 5 ba · 4,200 sq ft House

    Palmetto Bay, Miami-Dade County

    Listed by Luxuri International Real Estate Miami, LLC. · MLS# A12027387On the MLS · Updated today, Mon Nov 2

  • Photo 1 of 3 bed, 2 bath house in Palmetto Bay
    50 photos

    $6,900rent + listed fees

    Move-in costWe'll get it

    3 bd · 2 ba · 2,265 sq ft House

    Palmetto Bay, Miami-Dade County

    Listed by Weichert Realtors, NexGen · MLS# A12111032On the MLS · Updated today, Mon Nov 2

  • Photo 1 of 4 bed, 3.5 bath townhouse in Palmetto Bay
    32 photos

    $4,615rent + listed fees

    Move-in costWe'll get it

    4 bd · 3.5 ba · 2,091 sq ft Townhouse

    Palmetto Bay, Miami-Dade County

    Listed by The Apartment Brothers LLC · MLS# A12047397On the MLS · Updated today, Mon Nov 2

  • Photo 1 of 2 bed, 2.5 bath townhouse in Palmetto Bay
    33 photos

    $3,100rent + listed fees

    Move-in costWe'll get it

    2 bd · 2.5 ba · 1,631 sq ft Townhouse

    Palmetto Bay, Miami-Dade County

    Listed by The Apartment Brothers LLC · MLS# A12047386On the MLS · Updated today, Mon Nov 2

  • Photo 1 of 3 bed, 3.5 bath townhouse in Palmetto Bay
    33 photos

    $3,327rent + listed fees

    Move-in costWe'll get it

    3 bd · 3.5 ba · 1,831 sq ft Townhouse

    Palmetto Bay, Miami-Dade County

    Listed by The Apartment Brothers LLC · MLS# A12047365On the MLS · Updated today, Mon Nov 2

  • Photo 1 of 2 bed, 2 bath townhouse in Palmetto Bay
    17 photos

    $2,500rent + listed fees

    Move-in costWe'll get it

    2 bd · 2 ba · 1,918 sq ft Townhouse

    Palmetto Bay, Miami-Dade County

    Listed by NATIONWIDE REALTORS CORP · MLS# A12020381On the MLS · Updated today, Mon Nov 2

  • Photo 1 of 1 bed, 1 bath condo in Palmetto Bay
    25 photos

    $1,600rent + listed fees

    Move-in costWe'll get it

    1 bd · 1 ba · 575 sq ft Condo

    Palmetto Bay, Miami-Dade County

    Listed by The Keyes Company · MLS# A12088459On the MLS · Updated today, Mon Nov 2

  • Photo 1 of 3 bed, 2 bath house in Palmetto Bay
    34 photos

    $5,995rent + listed fees

    Move-in costWe'll get it

    3 bd · 2 ba · 1,512 sq ft House

    Palmetto Bay, Miami-Dade County

    Listed by BAPP Systems S Florida Rlty · MLS# A12106640On the MLS · Updated today, Mon Nov 2

  • Photo 1 of 2 bed, 1.5 bath townhouse in Palmetto Bay
    24 photos

    $2,400rent + listed fees

    Move-in costWe'll get it

    2 bd · 1.5 ba · 1,018 sq ft Townhouse

    Palmetto Bay, Miami-Dade County

    Listed by One Stop Realty · MLS# A12086001On the MLS · Updated today, Mon Nov 2

  • Photo 1 of 2 bed, 2 bath condo in Palmetto Bay
    38 photos

    $2,500rent + listed fees

    Move-in costWe'll get it

    2 bd · 2 ba · 835 sq ft Condo

    Palmetto Bay, Miami-Dade County

    Listed by Keller Williams First Coast Re · MLS# A12071148On the MLS · Updated today, Mon Nov 2

  • Photo 1 of 3 bed, 2.5 bath townhouse in Palmetto Bay
    4 photos

    $2,800rent + listed fees

    Move-in costWe'll get it

    3 bd · 2.5 ba · 1,638 sq ft Townhouse

    Palmetto Bay, Miami-Dade County

    Listed by Mahogany Real Estate Group · MLS# A12072471On the MLS · Updated today, Mon Nov 2

See all 63 rentals in Palmetto Bay

2 bed HUD Fair Market Rent
$3,290
FY2027. Rent plus utilities.
Median gross rent
$2,101
Rent plus utilities. Margin of error $274.
Median renter income
$66,471
Per household, a year, before taxes.

Census figures for Palmetto Bay: American Community Survey, 2020 to 2024. Miami-Dade County: median gross rent $1,829.

HUD Fair Market Rent by size in 33158

HUD Fair Market Rent, FY2027. A month, rent plus utilities. Miami-Miami Beach-Kendall, FL HUD Metro FMR Area.

  • Studio$2,470
  • 1 bedroom$2,700
  • 2 bedrooms$3,290
  • 3 bedrooms$4,220
  • 4 bedrooms$4,870

Palmetto Bay ZIP codes

ZIP codes with at least half of their land in Palmetto Bay.

1, 2 and 3 bed: HUD Fair Market Rent, FY2027. Median rent: Census, 2020 to 2024.

HUD Fair Market Rent, FY2027Census, 2020 to 2024
ZIP code1 bed2 bed3 bedMedian rent
33158$2,700$3,290$4,220$3,501

Near Palmetto Bay

The cities closest to Palmetto Bay, nearest first.

Rent in Palmetto Bay

A typical renter in Palmetto Bay pays about $2,101 a month, counting utilities, per the Census. The Miami-Dade County median is $1,829, so rent here runs $270 higher. Right now 63 homes in Palmetto Bay are listed for rent on the MLS, and 75% of them allow pets.

  • Studio

    Listed now
    Too few listed
    Census median
    $1,698

  • 1 bedroom

    Listed now
    $1,690
    Census median
    Not enough data

  • 2 bedrooms

    Listed now
    $2,500
    Census median
    $2,204

  • 3 bedrooms

    Listed now
    $4,800
    Census median
    Not enough data

  • 4 bedrooms

    Listed now
    $8,600
    Census median
    Not enough data
Median rent, all sizes
$2,101
Rent plus utilities, a month.
MLS rentals listed now
63
Allow pets
75%
Of 63 listings that say.
Median days listed
42
Price cut within 30 days
8%

Listed now: MLS rentals listed on Rentvana, Nov 2, 2026. Medians from 5 or more listings.

Census median: Census ACS 2020 to 2024. Rent plus utilities.

Paying about $2,200 a month? See what that rent could buy.

Who rents here

About 2 in 10 households in Palmetto Bay rent. Across Miami-Dade County, about 5 in 10 households rent. A typical household in Palmetto Bay earns about $142,447 a year before taxes. About 7 in 10 renter households in Palmetto Bay spend 30% or more of their income on rent. The typical resident of Palmetto Bay is about 41 years old.

Households that rent
22%
Miami-Dade County: 48%
Median household income
$142,447
A year, before taxes.
Renters paying 30%+ of income
69%
On rent and utilities.
Renters paying 50%+ of income
Not enough data
Median age
41

Census ACS 2020 to 2024.

Getting around

Workers in Palmetto Bay average 35 minutes to get to work. Most workers here drive alone, about 6 in 10. The closest rail station is Dadeland South on Metrorail, 4.4 miles away. The nearest bus stop is 0.5 miles from the center, and 12 stops are within a mile of the center of Palmetto Bay.

Average commute
35 min
One way.
Commute 45 min or more
36%

How workers get to work

  • Drive alone60%
  • Carpool11%
  • Bus or trainNot enough data
  • Walk or bikeNot enough data
  • Work from home21%

Transit

  • Nearest Metrorail stationDadeland South4.4 mi
  • Bus stops within a mile12Nearest 0.5 mi

Commutes: Census ACS 2020 to 2024.

© OpenStreetMap contributors, October 2026. Straight-line distance from the center.

Close by

The nearest supermarket, Publix on S Dixie Hwy, is 1.4 miles away. Coral Reef Park is the closest park, 0.7 miles away. From Palmetto Bay, the nearest beach is 4.9 miles away. Walgreens is the nearest pharmacy, 1.8 miles from the center.

  • GroceryPublixS Dixie Hwy1.4 mi
  • ParkCoral Reef ParkSW 152nd St0.7 mi
  • BeachThe beach4.9 mi
  • PharmacyWalgreens1.8 mi
  • CoffeeStarbucksS Dixie Hwy1.5 mi
  • Dog parkPerrine Wayside ParkS Dixie Hwy1.7 mi
  • HospitalJackson South Medical CenterSW 152nd St1.8 mi

Within a mile of the center: 3 parks.

© OpenStreetMap contributors, October 2026. Straight-line distance from the center.

Schools nearby

By distance, the public schools nearest Palmetto Bay are Coral Reef Elementary School (0.6 miles), Southwood Middle School (under a quarter mile) and Coral Reef Senior High School (2.4 miles).

  • ElementaryCoral Reef Elementary School0.6 mi
  • MiddleSouthwood Middle School0.2 mi
  • HighCoral Reef Senior High School2.4 mi

NCES public school locations, 2023-24 school year. Straight-line distance from the center.

The homes

About 8% of the homes in Palmetto Bay were built in 2010 or later. The housing in Palmetto Bay leans toward single-family homes and townhouses, at about 84% of homes.

Median year built
1976

When the homes were built

  • 2010 or later8%
  • 1990 to 200918%
  • 1970 to 198942%
  • 1950 to 196932%
  • Before 1950Not enough data

Census ACS 2020 to 2024.

What these numbers mean

HUD Fair Market Rent
HUD's estimate of the monthly gross rent (rent plus utilities) for a modest, standard-quality home of each size. Small Area Fair Market Rents set it ZIP code by ZIP code, and housing authorities use it to set voucher payment standards.
Median gross rent
The middle of what renter households told the Census Bureau they pay each month, rent plus utilities, from survey answers collected over five years. Half paid more, half paid less.
Paying 30% or more of income
Renter households whose gross rent takes 30% or more of household income, the common line for being rent burdened.

What the rent numbers mean, and why they differRenting with a housing voucher

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Source: HUD Small Area Fair Market Rents, FY2027; U.S. Census Bureau ACS 2024; OpenStreetMap contributors; NCES public school locations, 2023-24.