Palmetto

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Palmetto, FL Area Guide

A waterfront community brimming with Old Florida charm

Suburban Affordable Historic Riverside Coastal Scenic Quiet

Situated about halfway between Saint Petersburg and Sarasota, Palmetto is a quiet suburb brimming with small-town charm. The Palmetto Historic District serves as the city’s quaint downtown area, offering an array of mom-and-pop shops and eateries in colorful, historic storefronts. Palmetto’s small-town feel is also furthered by a strong sense of community, which is fostered by regular events like the DeSoto Seafood Festival, A Taste of Manatee, and Movies in the Park.

Palmetto provides a wide variety of rentals, from waterfront apartments to Old Florida bungalows and everything in between. Most Palmetto rentals are within minutes of beautiful waterfront views, with the city bordering Terra Ceia Bay as well as the Manatee River. Shopping options abound near the community, with Red Barn Plaza Flea Market and Ellenton Premium Outlets both just a short drive away. Getting around from Palmetto is easy with convenience to U.S. Highway 301 in addition to Interstates 75 and 275.

Rent Trends

As of March 2026, the average apartment rent in Palmetto, FL is $1,656 for one bedroom, $1,832 for two bedrooms, and $2,357 for three bedrooms. Apartment rent in Palmetto has decreased by -5.6% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,656/month
755 Sq Ft
House
$2,737/month
1,898 Sq Ft
Condo
$2,787/month
1,302 Sq Ft
Townhome
$2,096/month
1,476 Sq Ft
See Rental Market Trends in Palmetto, FL

Getting Around

Explore how walkable, bikeable, drivable, and transit-friendly Palmetto, FL is for everyday living.

Car-Dependent

35 / 100

This area is considered a car-dependent area and most errands will require a car.

Minimal Transit

1 / 100

You'll likely want a car when living in this area since it has few transit options.

Somewhat Bikeable

39 / 100

You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.

Schools

Points of Interest

Parks and Recreation

  • South Florida Museum
  • Parker Manatee Aquarium
  • Bishop Planetarium
  • Gamble Plantation Historic State Park
  • Emerson Point Preserve

Commuter Rail

Airports

  • Sarasota/Bradenton International
  • St Pete-Clearwater International

Top Apartments in Palmetto

Houses for Rent in Palmetto

Search Nearby Rentals

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 February 2026.