Palm Beach Gardens, FL Rental Market Trends
Highlights
The average rent for an apartment in Palm Beach Gardens is $1,842, a 6% increase compared to the previous year, when the average rent was $1,738.
Average Rent in Palm Beach Gardens, FL
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,842 | 6% | 1,115 sq. ft. |
The average size for a Palm Beach Gardens, FL apartment is 1,115 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Palm Beach Gardens, FL Apartment Rent Ranges
- $1,001-$1,50028%
- $1,501-$2,00044%
- > $2,00028%
Palm Beach Gardens, FL Occupied Housing Units
- Renter-occupied Households39%
- Owner-occupied Households60%
9,518 or 39% of the households in Palm Beach Gardens, FL are renter-occupied while 14,572 or 60% are owner-occupied.
Palm Beach Gardens, FL Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Jan / 2021 |
|---|---|---|---|---|---|---|---|---|---|
| Palm Beach Gardens, FL | $1,674 | $1,674 | $1,673 | $1,767 | $1,727 | $1,738 | $1,900 | $1,801 | $1,842 |
| National | $1,381 | $1,418 | $1,428 | $1,432 | $1,468 | $1,475 | $1,477 | $1,464 | $1,462 |
How Palm Beach Gardens Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Jacksonville | $1,150 | 3% |
| Kissimmee | $1,358 | -2% |
| Tampa | $1,373 | 2% |
| Miami | $1,679 | -2% |
| Orlando | $1,391 | -3% |
| West Palm Beach | $1,510 | 3% |
| Fort Lauderdale | $1,944 | -1% |
| Lake Worth | $1,487 | 1% |
| Pompano Beach | $1,506 | n/a |
| Riviera Beach | $1,295 | 7% |
| Palm Beach Gardens | $1,842 | 6% |
For more information about the Palm Beach Gardens rental trends, check out our monthly rent report
Check out Florida Cities, Florida Neighborhoods and Florida Zip Codes for more details on verified listings, including the Florida Average Rent.
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