The median home in Village of Palmetto Bay, Florida is valued at $1,062,161, down 1.7% year over year. Typical monthly rent is $2,622, producing a price-to-rent ratio of 33.8x — well above the national average of 18x. Village of Palmetto Bay is part of the Miami-Fort Lauderdale-Pompano Beach, FL metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$1,062,161

-1.7%

Rent$2,622/mo

Prices falling — better for buyers.

Affordability

Enter your income for Village of Palmetto Bay.

Income (annual)

Down Payment

$212,432 on $1,062,161

Example: $75,000 household income. Change it above to see your own.

Out of reach103.7% of income

Need $277,800/yr to afford.

PITI$6,482

P/I103.7%

Afford$287K

Gap-$775K

P&I $5,371Tax $761Ins $350

Renting $3,860/mo cheaper ($2,622 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 Village of Palmetto Bay with other housing markets across Florida.

Jupiter Island$9.49M Golden Beach$7.5M Fisher Island$6.39M Lake Buena Vista$6.09M Jupiter Inlet Colony$3.62M Manalapan$3.57M Golf$2.87M Boca Grande$2.63M

Full Miami-Fort Lauderdale-Pompano Beach, FL analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Miami-Fort Lauderdale-Pompano Beach, FL metro.

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Village of Palmetto Bay, FL