What percentage of people rent in Palmetto Estates, FL?

Name: Renters and owners in Palmetto Estates, FL, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

13.7% (±3.6 points) of the occupied homes in Palmetto Estates, FL are rented (2020–2024 American Community Survey).

That is 577 renting households against 3,646 that own their home.

In Palmetto Estates, the share of households that rent went from 22.0% in 2015–2019 to 13.7% in 2020–2024 (−8.3 percentage points), a measurable decrease.

Figures last updated on November 12, 2026.

Households that rent: 13.7% (±3.6 points)
Renting households: 577 (±139)
Median renter income: $42,337 (±$13,980)

Who rents and who owns in Palmetto Estates

Tenure, estimate (90% margin of error)
	Palmetto Estates	Miami-Dade County	Florida	United States
Renter-occupied share	13.7% (±3.6 points)	47.8% (±0.5 points)	32.4% (±0.2 points)	34.8%
Renting households	577 (±139)	465,971 (±5,269)	2,834,163 (±17,461)	45,017,354
Owning households	3,646 (±424)	509,440 (±5,300)	5,918,647 (±31,594)	84,210,142
Average renter household size	3.6 (±0.6)	2.6 (±0.0)	2.5 (±0.0)	2.3
Average owner household size	3.8 (±0.4)	2.9 (±0.0)	2.5 (±0.0)	2.6
Median renter household income	$42,337 (±$13,980)	$53,660 (±$1,055)	$53,617 (±$353)	$52,966
Median owner household income	$84,161 (±$8,741)	$94,956 (±$1,395)	$88,144 (±$469)	$100,009

In Palmetto Estates, the renter share is lower than in Miami-Dade County (47.8%).

It is also lower than in Florida (32.4%).

It is lower than the national figure (34.8%).

In Miami-Dade County, Palmetto Estates ranks 65 of 70 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 674 of 857.

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

How renting in Palmetto Estates has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	22.0% (±4.6 points)	13.7% (±3.6 points)	−8.3 percentage points	Measurable decrease
Median gross rent	$1,519 (±$142)	$1,948 (±$292)	+28.2%	No measurable change after inflation
Median household income	$62,910 (±$6,125)	$82,064 (±$3,955)	+30.4%	No measurable change after inflation

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.

Households that rent in places near Palmetto Estates

Nearest places with a published estimate, compared with Palmetto Estates
Place	Distance	Households that rent	Compared with this place
Palmetto Estates	—	13.7% (±3.6 points)	—
Richmond Heights	1.0 mi	29.1% (±9.2 points)	Higher
West Perrine	1.2 mi	46.3% (±8.3 points)	Higher
Palmetto Bay	2.6 mi	21.8% (±3.7 points)	Higher
Three Lakes	2.8 mi	33.4% (±5.0 points)	Higher
South Miami Heights	2.9 mi	37.9% (±3.3 points)	Higher
Kendall	3.3 mi	37.8% (±2.8 points)	Higher
Cutler Bay	3.6 mi	30.3% (±3.1 points)	Higher
The Crossings	4.1 mi	27.4% (±4.0 points)	Higher

Nearby places with a measurably higher figure: Richmond Heights, FL (29.1%), West Perrine, FL (46.3%), Palmetto Bay, FL (21.8%).

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

Households that rent across Miami-Dade County, place by place

Rank	Place	Households that rent
59	Biscayne Park	22.0% (±9.1 points)
60	Palmetto Bay	21.8% (±3.7 points)
61	Country Walk	20.1% (±5.8 points)
62	Pinecrest	17.2% (±3.1 points)
63	Richmond West	16.2% (±3.2 points)
64	Olympia Heights	15.2% (±5.3 points)
65	Palmetto Estates	13.7% (±3.6 points)
66	Miami Shores	12.5% (±4.2 points)
67	Palm Springs North	11.8% (±5.3 points)
68	El Portal	8.8% (±6.1 points)
69	Fisher Island	5.1% (±8.3 points)
70	Golden Beach	0.0% (±21.0 points)

Showing 12 of 70 places in Miami-Dade County, ranked from highest to lowest.

Palmetto Estates 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 Palmetto Estates

How many renters are there in Palmetto Estates?

Palmetto Estates has an estimated 577 (±139) renting households, 13.7% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Palmetto Estates?

In Palmetto Estates, the share of households that rent went from 22.0% in 2015–2019 to 13.7% in 2020–2024 (−8.3 percentage points), a measurable decrease.

How big are renting households in Palmetto Estates?

A renting household in Palmetto Estates has 3.6 people on average, against 3.8 in an owned home.

How much do renters earn in Palmetto Estates?

The median renting household in Palmetto Estates, FL has an income of $42,337 (±$13,980) a year, against $84,161 for households that own their home.

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) and detailed tables (acs/acs5) for Palmetto Estates CDP, Florida (place:54300, in state:12).

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

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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.