Palmetto Bay, Florida rent by ZIP (HUD Small Area FMRs, FY2027)
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom in Palmetto Bay is $2,800 a month, the median of its 2 ZIP codes (HUD, effective Oct 1, 2026; verified Oct 22, 2026). Its ZIP codes range from $2,310 (33157) to $3,290 (33158).
Last updated Oct 22, 2026 · Last verified Oct 22, 2026
Data: HUD FY2027 (effective Oct 1, 2026)
How much is rent for a 2-bedroom in Palmetto Bay?
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom in Palmetto Bay, Florida is $2,800 a month, including utilities (median of 2 ZIP codes: 33157, 33158).
| Unit size | FY2027 rent | FY2026 rent | Change |
|---|---|---|---|
| Studio (0-bedroom) | $2,115 | $2,225 | −$110 (-4.9%) |
| 1-bedroom | $2,305 | $2,430 | −$125 (-5.1%) |
| 2-bedroom | $2,800 | $2,965 | −$165 (-5.6%) |
| 3-bedroom | $3,585 | $3,805 | −$220 (-5.8%) |
| 4-bedroom | $4,125 | $4,395 | −$270 (-6.1%) |
What is rent by ZIP code in Palmetto Bay?
HUD sets a separate Small Area FMR for each ZIP code. Its ZIP codes range from $2,310 (33157) to $3,290 (33158).
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| 33157 | $1,760 | $1,910 | $2,310 | $2,950 | $3,380 |
| 33158 | $2,470 | $2,700 | $3,290 | $4,220 | $4,870 |
Is rent in Palmetto Bay higher than in Miami-Dade County overall?
Palmetto Bay's 2-bedroom figure is $236 above Miami-Dade County's FY2027 Fair Market Rent of $2,564.
How does Palmetto Bay compare with Miami-Dade County?
Palmetto Bay's figures are HUD Small Area FMRs; the county column is HUD's countywide Fair Market Rent.
| Unit size | Palmetto Bay | Miami-Dade County | Difference |
|---|---|---|---|
| Studio (0-bedroom) | $2,115 | $1,953 | +$162 |
| 1-bedroom | $2,305 | $2,121 | +$184 |
| 2-bedroom | $2,800 | $2,564 | +$236 |
| 3-bedroom | $3,585 | $3,277 | +$308 |
| 4-bedroom | $4,125 | $3,749 | +$376 |
Compare Palmetto Bay with another place →
What is a Small Area Fair Market Rent?
A Small Area Fair Market Rent (SAFMR) is the same estimate calculated for a single ZIP code, so it shows how rents differ inside a metro area.
Miami-Dade County rent → · More about Miami-Dade County →
Sources
- HUD FY2027 Small Area Fair Market Rents data file (effective Oct 1, 2026) (verified Oct 22, 2026)
- Federal Register notice of FY2027 FMRs (91 FR 56156): effective October 1, 2026 (verified Oct 22, 2026)
- HUD: FY2027 FMR reevaluation requests (no Florida areas listed) (verified Oct 22, 2026)
- HUD FY2027 Fair Market Rents, county-level data file (effective Oct 1, 2026) (verified Oct 22, 2026)
- HUD USER: Fair Market Rents (definitions and documentation) (verified Oct 22, 2026)
- HUD FY2026 Small Area FMRs data file (revised; prior-year column) (verified Oct 22, 2026)
- Census 2020 ZCTA-to-place relationship file (verified Oct 22, 2026)
Last updated: Oct 22, 2026 · Next review: Jan 15, 2027 · Download CSV (county FMRs) · Download CSV (ZIP and city SAFMRs) · Methodology