The median home in Palmetto, Florida is valued at $348,062, down 6.9% year over year. Typical monthly rent is $2,186, producing a price-to-rent ratio of 13.3x — below the national average of 18x. Palmetto is part of the North Port-Sarasota-Bradenton, FL metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: North Port-Sarasota-Bradenton, FL stress score, crash risk, and 12-month forecast →

Home Value$348,062

-6.9%

Rent$2,186/mo

AFFORDABILITY

Enter your income for Palmetto.

Income (annual)

Down Payment

$69,612 on $348,062

Out of reach — 37.7% of income

Need $101,100/yr to afford.

PITI$2,359

P/I37.7%

Afford$258K

Gap-$90K

P&I $1,760Tax $249Ins $350

Renting $173/mo cheaper ($2,186 rent)6.50% 30yr, 20% down, county tax + FL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Florida

Compare Palmetto with other housing markets across Florida.

Jupiter Island$9494K Golden Beach$7499K Fisher Island$6393K Lake Buena Vista$6088K Jupiter Inlet Colony$3619K Manalapan$3569K Golf$2871K Boca Grande$2635K

Full North Port-Sarasota-Bradenton, FL analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the North Port-Sarasota-Bradenton, FL metro.

View North Port-Sarasota-Bradenton, FL metro →

PALMETTO, FL