Above, you will see a summary of real estate in Palmetto Bay, FL. On average, homes in Palmetto Bay, FL cost $467,400, a value that is 180% higher than the average in Florida. In general terms, this results in Palmetto Bay, FL real estate being less affordable than Florida real estate. On average, people who rent houses in Palmetto Bay, FL pay $1,218; this value is 18% higher than the average amount renters pay in Florida. 83.9% of Palmetto Bay, FL residents own their own homes and, on average, each of the homes has 3.3 occupants. Palmetto Bay, FL real estate features a range of homes, which include everthing from large houses to small condos to stacked townhomes. Accessing real estate listings and homes that are up for sale in Palmetto Bay, FL is easy because in our search area shown above, we categorize real estate and homes based on location, price, and the number of bedrooms and bathrooms.