What is the median rent in Palmona Park, FL?
The median gross rent in Palmona Park, FL is $1,554 (±$384) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 155 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Palmona Park, the median gross rent went from $805 in 2015–2019 to $1,554 in 2020–2024 (+93.0%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median gross rent
- $1,554 (±$384)
- Rented homes
- 155 (±100)
- $2,000 or more
- 15.5%
- Since 2015–2019
- +93.0%
How much rent costs in Palmona Park
| Monthly gross rent | Palmona Park | Lee County | Florida | United States |
|---|---|---|---|---|
| Less than $500 | 5.2% (±33.6 points) | 2.6% | 3.6% | 6.3% |
| $500 to $999 | 14.8% (±24.9 points) | 6.9% | 10.7% | 20.2% |
| $1,000 to $1,499 | 25.8% (±28.4 points) | 25.2% | 26.0% | 28.1% |
| $1,500 to $1,999 | 38.7% (±26.9 points) | 35.9% | 28.8% | 21.1% |
| $2,000 to $2,499 | 11.6% (±22.4 points) | 18.0% | 17.4% | 12.0% |
| $2,500 to $2,999 | 3.9% (±33.9 points) | 6.4% | 7.2% | 5.5% |
| $3,000 or more | 0.0% (±28.0 points) | 5.0% | 6.3% | 6.8% |
The most common range is $1,500 to $1,999, paid by 38.7% of renting households.
15.5% of rented homes in Palmona Park cost $2,000 or more a month.
Palmona Park against Lee County, its state and the nation
| Palmona Park | Lee County | Florida | United States | |
|---|---|---|---|---|
| Median gross rent | $1,554 (±$384) | $1,712 (±$17) | $1,669 (±$5) | $1,413 |
| Rented homes paying rent | 155 (±100) | 80,787 (±2,351) | 2,716,443 (±16,958) | 42,849,984 |
In Palmona Park, median gross rent is not measurably different from Lee County ($1,712).
It is not measurably different from Florida ($1,669).
It is not measurably different from the national figure ($1,413).
In Lee County, Palmona Park ranks 23 of 32 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 403 of 793.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Palmona Park has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $805 (±$99) | $1,554 (±$384) | +93.0% | Up after inflation |
| Households that rent | 49.2% (±23.2 points) | 51.5% (±22.1 points) | +2.3 percentage points | Not a measurable change |
| Rental vacancy rate | 0.0% (±20.8 points) | 0.0% (±24.1 points) | 0.0 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 Palmona Park
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Palmona Park | — | $1,554 (±$384) | — |
| Suncoast Estates | 2.2 mi | $1,279 (±$127) | Not measurably different |
| Lochmoor Waterway Estates | 3.3 mi | $2,014 (±$299) | Not measurably different |
| North Fort Myers | 3.6 mi | $1,255 (±$183) | Not measurably different |
| Tice | 4.9 mi | $1,148 (±$41) | Lower |
| Fort Myers | 6.2 mi | $1,580 (±$44) | Not measurably different |
| Cape Coral | 7.1 mi | $1,858 (±$44) | Not measurably different |
| Pine Manor | 8.1 mi | $1,171 (±$58) | Not measurably different |
| Whiskey Creek | 8.2 mi | $1,814 (±$135) | Not measurably different |
Nearby places with a measurably lower figure: Tice, FL ($1,148).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Lee County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 17 | Cypress Lake | $1,756 (±$98) |
| 18 | San Carlos Park | $1,715 (±$110) |
| 19 | Villas | $1,695 (±$70) |
| 20 | Lehigh Acres | $1,657 (±$37) |
| 21 | Fort Myers | $1,580 (±$44) |
| 22 | Fort Myers Shores | $1,567 (±$267) |
| 23 | Palmona Park | $1,554 (±$384) |
| 24 | Harlem Heights | $1,478 (±$210) |
| 25 | Florida Gulf Coast University | $1,339 (±$348) |
| 26 | Suncoast Estates | $1,279 (±$127) |
| 27 (tie) | Bokeelia | $1,255 (±$175) |
| 27 (tie) | North Fort Myers | $1,255 (±$183) |
| 29 | Pine Island Center | $1,206 (±$142) |
Showing 13 of 32 places in Lee County, ranked from highest to lowest.
Palmona Park 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 Palmona Park
What is the average rent in Palmona Park, FL?
The Census Bureau publishes the median rather than the average: the median gross rent in Palmona Park is $1,554 (±$384) 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 Palmona Park?
In Palmona Park, the median gross rent went from $805 in 2015–2019 to $1,554 in 2020–2024 (+93.0%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
How many rentals in Palmona Park cost more than $2,000 a month?
15.5% of rented homes in Palmona Park have a gross rent of $2,000 or more a month, and 5.2% cost less than $500.
Is rent in Palmona Park higher than in Lee County?
In Palmona Park, median gross rent is not measurably different from Lee County ($1,712).
It is not measurably different from Florida ($1,669).
It is not measurably different from 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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Palmona Park CDP, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Palmona Park CDP, Florida
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Palmona Park CDP, Florida
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Palmona Park CDP, Florida (place:54357, 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.
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.
Figures last updated on .
Related
- Housing in Palmona Park at a glance
- Renters and owners in Palmona Park
- Income and affordability in Palmona Park
- Property taxes in Palmona Park
- Types of homes in Palmona Park
- Bedrooms in Palmona Park
- Heating fuel in Palmona Park
- Commute and cars in Palmona Park
- Population growth in Palmona Park
- Florida landlord and tenant rules
- Housing across Lee County
- Florida places ranked by median rent
- Housing data for every place in Florida