Downtown West Palm Beach, West Palm Beach, FL Rental Market Trends
Last updated: April 22, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Downtown West Palm Beach is $4,080, a 5.19% increase compared to the previous year, when the average rent was $3,879.
One-bedroom apartments provide 823 square feet for $3,407, balancing privacy and affordability.
Two-beedroom units at $4,753 offer 1,266 square feet, perfect for roommates or small families.
Average rent in Downtown West Palm Beach, West Palm Beach, FL
Last updated: April 22, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $4,080 | 1,074 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $3,407 | 823 sq. ft. |
| 2 Beds | $4,753 | 1,266 sq. ft. |
| 3 Beds | n/a | n/a |
Downtown West Palm Beach, West Palm Beach, FL rent trends
Rental prices in Downtown West Palm Beach, West Palm Beach, FL have increased by 5.19% over the past year. The average rent moved from $3,879 to $4,080.
What's the typical rent budget in Downtown West Palm Beach, West Palm Beach, FL?
The largest share of rentals in Downtown West Palm Beach, West Palm Beach, FL (68%) fall between $3,000- per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Downtown West Palm Beach, West Palm Beach, FL?
524 or 63% of the households in Downtown West Palm Beach, West Palm Beach, FL are renter-occupied while 310 or 37% are owner-occupied.
Most affordable neighborhoods in Downtown West Palm Beach?
Northwood Hills $1,834/month
Garden Hills $1,840/month
Golden Lakes $2,018/month
All of these neighborhoods fall below the city wide average of $2,466/month.Most expensive neighborhoods in Downtown West Palm Beach?
Progressive Northwest $3,483/month
Downtown West Palm Beach $4,080/month
Pinewood Park $4,187/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in West Palm Beach, FL By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Pinewood Park | $4,187 |
| Downtown West Palm Beach | $4,080 |
| Progressive Northwest | $3,483 |
| Providencia Park | $3,304 |
| Pineapple Park | $2,715 |
| Briar Bay | $2,472 |
| Roosevelt Estates | $2,465 |
| Presidential Estates | $2,413 |
| Pleasant City | $2,329 |
| Villages Of Palm Beach Lakes | $2,160 |
| Ironhorse Country Club | $2,124 |
| Golden Lakes | $2,018 |
| Garden Hills | $1,840 |
| Northwood Hills | $1,834 |
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West Palm Beach | Rent Comparison by Neighborhood
Rent in Downtown West Palm Beach is 65% higher than in Briar Bay
$4,080
Downtown West Palm Beach rent is the same as West Palm Beach average
Average Rent
$4,080
$2,472
Briar Bay rent is 39% lower than West Palm Beach average
Average Rent
$2,472
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Downtown West Palm Beach apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.