Rent in Palm City, FL
Across Palm City's 2 ZIP codes, a 2-bedroom typically rents for about $1,851 a month, with figures from $1,632–$2,069. The highest typical rent is in 34991 ($2,069) and the lowest in 34990 ($1,632). 1 ZIP has ZIP-level figures from HUD or Census; the other 1 uses the county Fair Market Rent. Owner-occupied homes in Martin County pay about 0.77% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,974 | $1,707–$2,241 | 2 |
| 1 bed | $1,718 | $1,718 | 2 |
| 2 beds | $1,851 | $1,632–$2,069 | 2 |
| 3 beds | $2,523 | $2,244–$2,801 | 2 |
| 4 beds | $3,212 | $2,924–$3,500+ | 2 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Palm City ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Palm City, FL?
- About $1,851 a month: the median of the typical rents in 2 ZIP codes, which range from $1,632–$2,069. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Palm City, FL?
- About $1,718 a month: the median of the typical rents in 2 ZIP codes, which range from $1,718. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Palm City, FL?
- About $2,523 a month: the median of the typical rents in 2 ZIP codes, which range from $2,244–$2,801. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Palm City, FL?
- About $1,974 a month: the median of the typical rents in 2 ZIP codes, which range from $1,707–$2,241. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Palm City, FL?
- About $3,212 a month: the median of the typical rents in 2 ZIP codes, which range from $2,924–$3,500+. Figures are gross rent (rent plus tenant-paid utilities).
- Which Palm City ZIP code has the highest rent?
- For a 2-bedroom, 34991 has the highest typical rent at $2,069 a month, and 34990 the lowest at $1,632.
- What is the property tax rate in Palm City, FL?
- Owner-occupied homes in Martin County pay a typical 0.77% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Palm City rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).