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Rental Market Trends in Palatka, FL

What is the average rent in Palatka, FL?

$1,260/month

Average Rent

599 Sq Ft

Average Apartment Size

+2.3%

Increase in the Last Year

As of April 2026, the average rent in Palatka, FL is $1,260 per month. This is 23% lower than the national average rent of $1,641/month, making renting in Palatka more affordable than most cities in the US. When you rent an apartment in Palatka, you can expect to pay about $1,018 per month for a studio, $1,260 for a one-bedroom apartment, and around $1,538 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,836 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,018/month
291 Sq Ft
One Bedroom
$1,260/month
599 Sq Ft
Two Bedroom
$1,538/month
949 Sq Ft
Three Bedroom
$1,836/month
1,096 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,315/month
970 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Palatka, FL?

In the past year, rent has increased by 2.3%, which averages out to $30 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Palatka, FL
Last Updated April 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Palatka, FL
Percentage*
Rent Range
0% Below $700/month
17% $700 - $1,000/month
67% $1,001 - $1,500/month
17% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Palatka, FL?

Because the average rent in Palatka is $1,260, you’ll want to make about $4,200 per month or $50,400 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Palatka, FL

88 Available Apartments for Rent

Search for Nearby Apartments

How does Palatka, FL compare to other nearby cities and neighborhoods?

Use the tool below to compare Palatka, FL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Palatka, FL

Apartment Averages

Apartment communities in Palatka we think you'll love

Living Fully St. John's Cottages

Living Fully St. John's Cottages

6805 Saint Johns Ave,
Palatka, FL 32177

$1,400 - $2,099

1-3 Beds

Palatka Oaks Apartments

Palatka Oaks Apartments

200 College Rd,
Palatka, FL 32177

$1,020 - $1,545

Studio - 2 Beds

Barrington

Barrington

607 S Moody Rd,
Palatka, FL 32177

$1,340 - $1,488

1-2 Beds

3300 St Johns Ave

3300 St Johns Ave

3300 St Johns Ave,
Palatka, FL 32177

$1,550

3 Beds

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United States Florida Palatka Rental Trends

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.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity