Palm City, FL housing market
Typical home value
$622K
▲ 2.0% 1 yr
Typical rent
$3,745/mo
▲ 5.7% 1 yr
Gross rent yield
7.2%
U.S. 6.3%
5-year home value change
+26%
U.S. +20%
Key takeaways
- 1The typical home in Palm City is worth $622,346, up 2.0% over the past year and up 26% over five years.
- 2Typical rent is $3,745 a month (+5.7% YoY), a gross rent yield of 7.2% (below the Port St. Lucie, FL metro's 7.3%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $3,420/mo, $325 less than typical rent.
- 4Zillow forecasts the Port St. Lucie, FL metro's home values to change −1.6% over the next 12 months.
Market temperature (Port St. Lucie, FL metro)
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 41/100, #261 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Palm City compares
| Measure | Palm City | Port St. Lucie, FL metro | United States |
|---|---|---|---|
| Typical home value | $622,346 | $381,493 | $366,157 |
| Home value, 1-yr change | +2.0% | −0.8% | +1.2% |
| Typical rent | $3,745 | $2,310 | $1,932 |
| Rent, 1-yr change | +5.7% | +1.9% | +2.7% |
| Gross rent yield | 7.2% | 7.3% | 6.3% |
| Price-to-rent ratio | 13.8 | 13.8 | 15.8 |
| Mortgage P&I, typical home | $3,420 | $2,096 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Palm City rental, pre-filled.
Rent vs buy in Palm City
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $622K home.
Landlord in Florida? See Florida deposit, late fee and notice rules.
Other cities in the Port St. Lucie, FL metro
Port Saint Lucie, FL
$384K home$2,356 rent
▼ 0.9% 1 yr
Fort Pierce, FL
$275K home$1,951 rent
▼ 1.1% 1 yr
Stuart, FL
$374K home$2,151 rent
▲ 0.1% 1 yr
Hobe Sound, FL
$504K home$4,494 rent
▲ 0.6% 1 yr
Jensen Beach, FL
$415K home$2,559 rent
▼ 1.4% 1 yr
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.