Palm Coast Rent Gap: 32137 Costs $97 More Than 32164

In July 2026, Zillow’s rent index was $1,989.82 in Palm Coast ZIP code 32137 and $1,892.60 in 32164. The difference was $97.22 a month, or $1,166.64 over twelve months if it remained unchanged, according to the July 2026 Zillow Observed Rent Index data.

The gap is a useful market benchmark, though it is not a quote for a particular house. Renters should compare the home, lease terms, utilities, concessions, commute and insurance before deciding which ZIP code offers better value.

The July rent gap at a glance

32137 has the higher index

The July 2026 index for 32137 was $97.22 above the index for 32164. Relative to 32164, that is a premium of about 5.14%, calculated from the two ZIP-level values in Zillow’s monthly ZIP-code data.

Rent moved only slightly in both ZIP codes during July, while 32137 recorded the stronger annual increase. Over the longer three-year period, 32164 posted the larger percentage gain.

Side-by-side comparison

Source and calculations: Zillow’s July 2026 ZIP-level ZORI series. Percentages compare the July 2026 value with June 2026, July 2025 and July 2023, respectively. Figures are rounded to two decimal places.

What the $97 difference means for a household budget

Treat it as one part of the budget

A monthly difference of $97.22 is enough to notice. It could stay in savings, cover part of a utility bill or leave more room for transportation and renter’s insurance. Across a full year, the arithmetic reaches $1,166.64, based on the July 2026 ZIP-level gap.

Renters rarely choose between two otherwise identical homes. A house with lower rent can cost more overall if it has an inefficient air-conditioning system, a longer daily drive, tenant-paid lawn care or fewer included services. A higher advertised rent can still be competitive when it includes pest control, landscaping or a meaningful move-in concession.

Convert each listing into an effective monthly cost

I recommend writing down the same costs for every home. Start with the advertised rent, then add required recurring fees, estimated utilities, renter’s insurance, lawn or pool obligations and the transportation cost created by the location. Subtract only concessions that appear in writing.

Spread any one-time concession across the lease term instead of treating the first discounted month as the normal price. Compare the resulting effective monthly costs with the ZIP-level index. This shows whether a listing is simply in the less expensive ZIP or is a better fit for your budget.

Practical rule: Do not move across Palm Coast to save $97.22 in rent if the change adds more than $97.22 in commuting, utilities and required services. Compare the complete monthly total.

Why the ZIP codes can have different prices

32137 reaches toward the Intracoastal and northern Palm Coast

ZIP code 32137 covers much of northern Palm Coast and areas closer to the Intracoastal Waterway and the coastal side of the city. Some homes are nearer Palm Harbor Parkway, Matanzas Woods Parkway, Old Kings Road and access toward the Hammock and Flagler beaches.

Water access and recreation are easy to find on this side of Palm Coast. The city describes Waterfront Park as an Intracoastal park with fishing, a floating boat dock and walking opportunities. Palm Harbor Golf Club is also among the public recreation sites listed by the City of Palm Coast. Individual renters may value those amenities, although the ZORI data does not prove that any one amenity caused the ZIP-level difference.

32164 covers central and southern inland sections

ZIP code 32164 includes broad inland portions of Palm Coast around Belle Terre Parkway, State Road 100 and neighborhoods such as Lehigh Woods, Seminole Woods and Quail Hollow. Renters there often encounter detached homes and duplex-style layouts on Palm Coast’s familiar residential streets.

The southern and central location can suit households whose regular trips involve Town Center, State Road 100 or destinations toward Flagler Beach and Interstate 95. Renters comparing the area can browse the broader Palm Coast guide collection, then check the route from the exact home instead of judging by the ZIP label.

The trend is steady month to month, though it has changed over time

July brought little immediate movement

From June to July 2026, 32137 slipped from $1,992.52 to $1,989.82, a 0.14% decrease. Over the same period, 32164 moved from $1,891.49 to $1,892.60, a 0.06% increase, according to the Zillow series.

Those changes are too small to suggest a decisive one-month move in either ZIP. The July gap came from two comparatively steady local indexes rather than a sudden spike in one ZIP during that month.

32137 had the stronger annual increase

Between July 2025 and July 2026, 32137 rose from $1,958.35 to $1,989.82, or 1.61%. ZIP code 32164 increased from $1,883.27 to $1,892.60, or 0.50%, using the same Zillow monthly dataset.

The order reverses in the three-year view. From July 2023 through July 2026, 32137 rose from $1,947.95 to $1,989.82, a 2.15% increase. During the same period, 32164 advanced from $1,833.55 to $1,892.60, a 3.22% increase. So 32137 had the more expensive index in July 2026, while 32164 had faster percentage growth over the longer period.

How to compare homes in 32137 and 32164

Start with details the index cannot see

A ZIP-wide index cannot tell you whether a particular house has a fenced yard, a newer air conditioner, hurricane shutters, a garage, updated appliances or a shaded exposure. It also says nothing about how responsive the owner or manager will be when maintenance is needed.

Use a written worksheet to compare homes. Record the bedroom and bathroom arrangement, usable storage, parking, pet terms, appliance condition, internet options and responsibilities for the lawn, pest service and filters. For a concrete example of how a local home is presented, review this Palm Coast property page, then ask the same questions about every candidate instead of treating one page as the market.

Test the trip you will make

Drive from the property to work, school, groceries or medical appointments at the time you would normally travel. A home near Palm Coast Parkway serves a different daily pattern from one near State Road 100, even when both addresses say Palm Coast.

Visit the street after dark and following rain, too. Check the lighting, driveway drainage, traffic noise and route to the nearest major road. Palm Coast’s official site says the city sits along saltwater and freshwater canals and the Intracoastal Waterway. Drainage, water proximity and storm preparation therefore deserve address-level attention throughout the city, rather than assumptions based only on ZIP code.

Ask for the complete lease cost before applying

• Request the rent, security deposit and every mandatory fee in writing.
• Ask which utilities and exterior services are included.
• Confirm pet charges, association approval requirements and parking rules.
• Ask whether a concession changes the renewal rent or only the initial payment.
• Review available Palm Coast rentals, but compare each home with other active choices and the full monthly budget.

How to use ZORI without misreading it

It is a market index, not a list-price average

Zillow defines ZORI as a smoothed measure of the typical observed market-rate rent in a region. The methodology uses a repeat-rent approach and weights the result to represent the rental housing stock instead of relying only on homes currently advertised, as explained on Zillow Research’s housing-data page.

Zillow also says the dollar-denominated index is based on listed rents within the middle portion of the distribution and is weighted to reflect the regional rental stock. That makes it useful for comparing direction and scale between ZIP codes. It does not mean that a typical available three-bedroom house should be listed at the exact index value.

The data does not identify the cause of the gap

The series reports what happened to the rent index. It does not separate the effects of home size, age, waterfront proximity, renovations, garages, pools or the mix of rental types within each ZIP. Location and housing mix may contribute, but the data does not prove that a specific amenity created the $97.22 difference.

Timing matters as well. The latest observation used here is July 2026, while an individual listing could have entered the market later. Renters should use ZORI as a reference point, then check current availability, written lease terms and property condition.

A decision rule for Palm Coast renters

Choose the home that comes out ahead after adjustments

Compare each asking rent with the July 2026 ZIP benchmark: $1,989.82 for 32137 or $1,892.60 for 32164, from Zillow’s ZIP-level ZORI file. A listing above its local index is not necessarily overpriced, just as one below it is not necessarily a bargain. Size, condition or included services may explain the difference.

Then calculate the effective monthly housing cost. Add recurring fees and services, and account for utilities and commuting. Finally, grade the home on the details that shape daily life, including layout, maintenance condition, street setting, route to work and lease flexibility.

Keep the $97 gap in proportion

If two homes are genuinely similar, the 32164 option could preserve about $1,167 over a year at the July ZIP-level difference. The higher rent for a 32137 home may still make sense if that home saves time every week, includes services or is in substantially better condition.

Use the ZIP-level difference as one part of the comparison. The better choice is the specific home with the best total value after you account for the actual lease terms.

Talk through the numbers before you apply

If you are comparing homes across 32137 and 32164, Oasis Rentals can help you separate the asking rent from the complete monthly cost. Contact Tyler at 386-516-5774 or Tyler@386rent.com with the listings you are considering and the routes you travel most often.

Sources

• Zillow Research, ZIP Code ZORI Monthly CSV
• Zillow Research, Housing Data and ZORI Definition
• City of Palm Coast, About Palm Coast
• City of Palm Coast, Waterfront Park
• City of Palm Coast, Lehigh Trailhead
• City of Palm Coast, Palm Harbor Golf Club