What percentage of people rent in Palmona Park, FL?

51.5% (±22.1 points) of the occupied homes in Palmona Park, FL are rented (2020–2024 American Community Survey).

That is 187 renting households against 176 that own their home.

In Palmona Park, the share of households that rent went from 49.2% in 2015–2019 to 51.5% in 2020–2024 (+2.3 percentage points), not a measurable change.

Figures last updated on .

Households that rent
51.5% (±22.1 points)
Renting households
187 (±113)
Median renter income
$72,617 (±$62,127)

Who rents and who owns in Palmona Park

Tenure, estimate (90% margin of error)
Palmona ParkLee CountyFloridaUnited States
Renter-occupied share51.5% (±22.1 points)25.7% (±0.7 points)32.4% (±0.2 points)34.8%
Renting households187 (±113)84,149 (±2,424)2,834,163 (±17,461)45,017,354
Owning households176 (±94)243,654 (±2,971)5,918,647 (±31,594)84,210,142
Average renter household size4.0 (±1.2)2.5 (±0.1)2.5 (±0.0)2.3
Average owner household size2.1 (±0.6)2.4 (±0.0)2.5 (±0.0)2.6
Median renter household income$72,617 (±$62,127)$54,866 (±$2,613)$53,617 (±$353)$52,966
Median owner household income$43,614 (±$1,742)$86,271 (±$1,837)$88,144 (±$469)$100,009

In Palmona Park, the renter share is higher than in Lee County (25.7%).

It is not measurably different from Florida (32.4%).

It is not measurably different from the national figure (34.8%).

In Lee County, Palmona Park ranks 5 of 33 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 88 of 857.

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

How renting in Palmona Park has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent49.2% (±23.2 points)51.5% (±22.1 points)+2.3 percentage pointsNot a measurable change
Median gross rent$805 (±$99)$1,554 (±$384)+93.0%Up after inflation
Median household income$22,257 (±$4,206)$43,930 (±$4,134)+97.4%Up 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 Palmona Park

Nearest places with a published estimate, compared with Palmona Park
PlaceDistanceHouseholds that rentCompared with this place
Palmona Park—51.5% (±22.1 points)—
Suncoast Estates2.2 mi38.5% (±10.6 points)Not measurably different
Lochmoor Waterway Estates3.3 mi14.0% (±5.7 points)Lower
North Fort Myers3.6 mi14.3% (±1.9 points)Lower
Tice4.9 mi56.6% (±11.7 points)Not measurably different
Fort Myers6.2 mi50.9% (±2.0 points)Not measurably different
Cape Coral7.1 mi22.8% (±1.5 points)Lower
Pine Manor8.1 mi71.3% (±20.9 points)Not measurably different
Whiskey Creek8.2 mi10.3% (±3.7 points)Lower

Nearby places with a measurably lower figure: Lochmoor Waterway Estates, FL (14.0%), North Fort Myers, FL (14.3%), Cape Coral, FL (22.8%).

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

Households that rent across Lee County, place by place

RankPlaceHouseholds that rent
1Florida Gulf Coast University100.0% (±35.9 points)
2Pine Manor71.3% (±20.9 points)
3Punta Rassa63.9% (±9.3 points)
4Tice56.6% (±11.7 points)
5Palmona Park51.5% (±22.1 points)
6Harlem Heights51.4% (±23.3 points)
7Fort Myers50.9% (±2.0 points)
8Fort Myers Shores46.2% (±11.4 points)
9Three Oaks41.1% (±6.3 points)
10Suncoast Estates38.5% (±10.6 points)
11Villas35.8% (±5.1 points)

Showing 11 of 33 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.

What you can do on Seayora in Palmona Park

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near Palmona Park, save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Palmona Park beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Palmona Park, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Palmona Park

How many renters are there in Palmona Park?

Palmona Park has an estimated 187 (±113) renting households, 51.5% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Palmona Park?

In Palmona Park, the share of households that rent went from 49.2% in 2015–2019 to 51.5% in 2020–2024 (+2.3 percentage points), not a measurable change.

How big are renting households in Palmona Park?

A renting household in Palmona Park has 4.0 people on average, against 2.1 in an owned home.

How much do renters earn in Palmona Park?

The median renting household in Palmona Park, FL has an income of $72,617 (±$62,127) a year, against $43,614 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 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 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.

Figures last updated on .

Related