What is the median rent in Palm City, FL?

Name: Median rent in Palm City, FL, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median gross rent in Palm City, FL is $2,013 (±$270) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 972 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Palm City, the median gross rent went from $1,614 in 2015–2019 to $2,013 in 2020–2024 (+24.7%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on November 12, 2026.

Median gross rent: $2,013 (±$270)
Rented homes: 972 (±241)
$2,000 or more: 50.6%
Since 2015–2019: +24.7%

How much rent costs in Palm City

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rent	Palm City	Martin County	Florida	United States
Less than $500	0.0% (±5.3 points)	2.9%	3.6%	6.3%
$500 to $999	4.4% (±4.9 points)	12.3%	10.7%	20.2%
$1,000 to $1,499	23.4% (±10.7 points)	30.9%	26.0%	28.1%
$1,500 to $1,999	21.6% (±12.0 points)	28.8%	28.8%	21.1%
$2,000 to $2,499	23.3% (±11.5 points)	13.6%	17.4%	12.0%
$2,500 to $2,999	4.7% (±4.2 points)	5.2%	7.2%	5.5%
$3,000 or more	22.6% (±10.4 points)	6.5%	6.3%	6.8%

The most common range is $1,000 to $1,499, paid by 23.4% of renting households.

50.6% of rented homes in Palm City cost $2,000 or more a month.

Palm City against Martin County, its state and the nation

Estimate (90% margin of error)
	Palm City	Martin County	Florida	United States
Median gross rent	$2,013 (±$270)	$1,569 (±$58)	$1,669 (±$5)	$1,413
Rented homes paying rent	972 (±241)	12,942 (±859)	2,716,443 (±16,958)	42,849,984

In Palm City, median gross rent is higher than in Martin County ($1,569).

It is also higher than in Florida ($1,669).

It is higher than the national figure ($1,413).

In Martin County, Palm City ranks 4 of 9 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 152 of 793.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Palm City has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median gross rent	$1,614 (±$140)	$2,013 (±$270)	+24.7%	No measurable change after inflation
Households that rent	14.9% (±2.7 points)	10.3% (±2.4 points)	−4.6 percentage points	Measurable decrease
Rental vacancy rate	0.7% (±1.2 points)	5.9% (±6.9 points)	+5.2 percentage points	Not a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median gross rent in places near Palm City

Nearest places with a published estimate, compared with Palm City
Place	Distance	Median gross rent	Compared with this place
Palm City	—	$2,013 (±$270)	—
Stuart	2.8 mi	$1,586 (±$99)	Lower
North River Shores	3.1 mi	$2,136 (±$599)	Not measurably different
Jensen Beach	5.3 mi	$1,267 (±$259)	Lower
Sewall's Point	5.5 mi	$2,200 (±$1,275)	Not measurably different
Ocean Breeze	5.7 mi	$2,764 (±$906)	Not measurably different
Port Salerno	6.4 mi	$1,440 (±$155)	Lower
Port St. Lucie	9.5 mi	$1,937 (±$72)	Not measurably different
Hutchinson Island South	9.7 mi	$1,408 (±$212)	Lower

Nearby places with a measurably lower figure: Stuart, FL ($1,586), Jensen Beach, FL ($1,267), Port Salerno, FL ($1,440).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent across Martin County, place by place

Rank	Place	Median gross rent
1	Ocean Breeze	$2,764 (±$906)
2	Sewall's Point	$2,200 (±$1,275)
3	North River Shores	$2,136 (±$599)
4	Palm City	$2,013 (±$270)
5	Stuart	$1,586 (±$99)
6	Port Salerno	$1,440 (±$155)
7	Jensen Beach	$1,267 (±$259)
8	Hobe Sound	$1,129 (±$60)
9	Indiantown	$923 (±$91)

Palm City is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Palm City

What is the average rent in Palm City, FL?

The Census Bureau publishes the median rather than the average: the median gross rent in Palm City is $2,013 (±$270) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much has rent gone up in Palm City?

In Palm City, the median gross rent went from $1,614 in 2015–2019 to $2,013 in 2020–2024 (+24.7%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

How many rentals in Palm City cost more than $2,000 a month?

50.6% of rented homes in Palm City have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.

Is rent in Palm City higher than in Martin County?

In Palm City, median gross rent is higher than in Martin County ($1,569).

It is also higher than in Florida ($1,669).

It is higher than the national figure ($1,413).

Is this the rent for an apartment listed today?

No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Palm City CDP, Florida (place:54175, in state:12).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.