Palm Beach Gardens, FL Rental Market Trends
Highlights
The average rent for an apartment in Palm Beach Gardens is $1,738, a 4% increase compared to the previous year, when the average rent was $1,673.
Average Rent in Palm Beach Gardens, FL
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,738 | 4% | 1,118 sq. ft. |
The average size for a Palm Beach Gardens, FL apartment is 1,118 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-$2,00055%
- > $2,00016%
Palm Beach Gardens, FL Occupied Housing Units
- Renter-occupied Households40%
- Owner-occupied Households59%
9,383 or 40% of the households in Palm Beach Gardens, FL are renter-occupied while 14,068 or 59% are owner-occupied.
Palm Beach Gardens, FL Rent Trends
| Average Rent | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Jan / 2020 |
|---|---|---|---|---|---|---|---|---|---|
| Palm Beach Gardens, FL | $1,666 | $1,632 | $1,651 | $1,674 | $1,674 | $1,673 | $1,767 | $1,727 | $1,738 |
| National | $1,350 | $1,382 | $1,385 | $1,388 | $1,423 | $1,431 | $1,434 | $1,469 | $1,474 |
How Palm Beach Gardens Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Jacksonville | $1,100 | 3% |
| Tampa | $1,345 | 4% |
| Miami | $1,707 | 3% |
| Kissimmee | $1,381 | 5% |
| Homestead | $1,294 | 7% |
| West Palm Beach | $1,484 | 3% |
| Royal Palm Estates | $1,279 | -1% |
| Lake Park | $1,736 | 3% |
| Palm Beach Gardens | $1,738 | 4% |
| Jupiter | $1,741 | 1% |
| Riviera Beach | $1,210 | 8% |
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.
Curious about listings in your area? Check out our apartments near you for more details!