Rentometer, Inc. | Data as of 10/23/2025
Palatka’s rental market offers a blend of historic charm and modern convenience, making it an appealing destination for renters seeking a balanced lifestyle in North Central Florida. The city’s proximity to the St. Johns River and attractions such as the historic downtown district, Ravine Gardens State Park, and the vibrant local arts scene provide residents with ample recreational and cultural opportunities. Whether you prefer a low‑maintenance apartment near the riverfront or a spacious family home in one of the quiet residential neighborhoods, Palatka delivers a variety of housing options to suit different needs.
Apartment seekers will find studio units averaging in the $960 range, with median rents close to $1,000, while one‑bedroom apartments typically sit in the $1,200‑$1,300 bracket. For those looking for more space, two‑bedroom houses tend to rent in the mid‑$1,600s, with median prices reflecting a slightly lower $1,350 level. Larger family homes with three bedrooms command rents around $1,700, and properties with four or more bedrooms are generally found in the $2,000 range. These figures highlight a competitive yet affordable market relative to many larger Florida cities, offering good value for both single professionals and growing families.
Beyond price considerations, Palatka’s rental community benefits from a strong sense of neighborhood identity. Areas like the Riverfront District and the historic Westside provide easy access to dining, shopping, and outdoor activities, while newer developments near the University of Florida’s College of Engineering campus attract students and faculty seeking convenient housing options. With a mix of apartments and houses, well‑maintained streetscapes, and a welcoming atmosphere, Palatka continues to be a desirable place to call home in the Sunshine State.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $964 | $997 | $850 - $1,015 | $995 - $1,015 |
| Apartment | 1 Bedroom | $1,228 | $1,200 | $1,075 - $1,439 | $1,200 - $1,439 |
| House | 2 Bedroom | $1,625 | $1,325 | $850 - $3,000 | $1,300 - $3,000 |
| House | 3 Bedroom | $1,710 | $1,725 | $1,200 - $2,595 | $1,400 - $1,850 |
| House | 4+ Bedroom | $2,000 | $2,000 | $1,800 - $2,200 | $1,800 - $2,200 |
In the current period, the average rent in Palatka was $965 for Studio, $1,311 for 1 Bedroom, $1,574 for 2 Bedroom, $1,711 for 3 Bedroom, and $2,000 for 4+ Bedroom.
Data provided by Rentometer, Inc.