Indigo Palmetto Bay
9420-9500 SW 174th St,
Palmetto Bay, FL 33157
$2,041 - $7,098
Studio - 3 Beds
Palmetto Bay South
Miami, FL
Palmetto Bay South - Miami, FL
Area Guide
A charming neighborhood off the shore of the Biscayne Bay
Bayfront
•
Great Location
•
Charming
•
Beach
•
Family-Friendly
•
Nestled off the shore of the Biscayne Bay just minutes south of Downtown Miami, Palmetto Bay South is a neighborhood located between Southwest 184th Street and Southwest 152nd Street. This densely populated area offers quality schools, a welcoming atmosphere, and access to pristine beaches. Hikers can travel through the wetlands on trails like Chinese Bridge Trail, and families enjoy historical attractions like Deering Estate and community parks farther inland. Everything from seafood to international cuisine is served at eateries along Highway 1. Thanks to all its great amenities, Palmetto Bay South is consistently growing. Modern apartments and houses for rent in a variety of styles dot the neighborhood.
Rent Trends
As of January 2026, the average apartment rent in Palmetto Bay South is $1,935 for a studio, $2,223 for one bedroom, $2,749 for two bedrooms, and $3,710 for three bedrooms. Apartment rent in Palmetto Bay South has decreased by -5.8% in the past year.
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Studio
-
627 sq ft
Average Sq Ft
-
$1,935/month
Average Rent
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1 BR
-
720 sq ft
Average Sq Ft
-
$2,223/month
Average Rent
-
2 BR
-
1,072 sq ft
Average Sq Ft
-
$2,749/month
Average Rent
-
3 BR
-
1,577 sq ft
Average Sq Ft
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$3,710/month
Average Rent
Transportation
71
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
38
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
61
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Points of Interest
Shopping Centers
Parks and Recreation
- Deering Estate
- Bill Sadowski Park
- Zoo Miami
- Montgomery Botanical Center
- Fairchild Tropical Botanic Garden
Commuter Rail
Airports
- Miami International
- Fort Lauderdale/Hollywood International
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.