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Frequently asked questions
What type of rental buildings are in South Palm Beach, FL?
In South Palm Beach, 13% of the residents are renting compared to 87% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 61% of South Palm Beach's rentals, 39% are small-scale complexes with under 50 units, and none are single-family rentals.
What do typical apartment communities look like in South Palm Beach, FL?
The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in South Palm Beach are about 55 years old, on average. Of these, none have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 6 stories. About none of the rental communities here are low-rise, garden-style communities, all are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.
What apartment floorplans are common in South Palm Beach, FL?
Studio apartments in South Palm Beach are around 8% of rentals, while 1-bedroom floor plans represent 23% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 64% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.