Royal Palm Beach, FL Rental Market Trends
Highlights
The average rent for an apartment in Royal Palm Beach is $1,609, a 4% increase compared to the previous year, when the average rent was $1,549.
Average Rent in Royal Palm Beach, FL
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,609 | 4% | 1,077 sq. ft. |
The average size for a Royal Palm Beach, FL apartment is 1,077 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.
Royal Palm Beach, FL Apartment Rent Ranges
- $1,001-$1,50040%
- $1,501-$2,00046%
- > $2,00014%
Royal Palm Beach, FL Occupied Housing Units
- Renter-occupied Households21%
- Owner-occupied Households78%
2,512 or 21% of the households in Royal Palm Beach, FL are renter-occupied while 9,174 or 78% are owner-occupied.
Royal Palm Beach, FL Rent Trends
| Average Rent | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Jan / 2020 |
|---|---|---|---|---|---|---|---|---|---|
| Royal Palm Beach, FL | $1,436 | $1,476 | $1,531 | $1,552 | $1,552 | $1,549 | $1,580 | $1,590 | $1,609 |
| National | $1,347 | $1,379 | $1,381 | $1,384 | $1,420 | $1,429 | $1,433 | $1,469 |
How Royal Palm Beach Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Jacksonville | $1,099 | 3% |
| Tampa | $1,350 | 4% |
| Miami | $1,703 | 3% |
| Kissimmee | $1,381 | 5% |
| Homestead | $1,294 | 7% |
| West Palm Beach | $1,472 | 3% |
| Lake Worth | $1,471 | 4% |
| Greenacres | $1,353 | n/a |
| Royal Palm Estates | $1,279 | -1% |
| Lake Park | $1,736 | 3% |
| Royal Palm Beach | $1,609 | 4% |
For more information about the Royal Palm Beach 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!