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Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.

Royal Palm Beach, FL Rental Market Trends

Highlights

The average rent for an apartment in Royal Palm Beach is $1,676, a 4% increase compared to the previous year, when the average rent was $1,609.

Average Rent in Royal Palm Beach, FL

Last updated January 2021
Average Rent Y-o-Y Change Average Apartment Size
$1,676 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-$1,50029%
  • $1,501-$2,00054%
  • > $2,00017%

Royal Palm Beach, FL Occupied Housing Units

  • Renter-occupied Households22%
  • Owner-occupied Households77%

2,659 or 22% of the households in Royal Palm Beach, FL are renter-occupied while 9,037 or 77% are owner-occupied.

Royal Palm Beach, FL Rent Trends

Average Rent Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Jan / 2021
Royal Palm Beach, FL $1,552 $1,552 $1,549 $1,580 $1,590 $1,609 $1,670 $1,604 $1,676
National $1,381 $1,418 $1,428 $1,432 $1,468 $1,475 $1,477 $1,464 $1,462
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Access comprehensive real estate data and information on Yardi Matrix

How Royal Palm Beach 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%
Hollywood $1,475 1%
Pompano Beach $1,506 n/a
Royal Palm Beach $1,676 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!

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Royal Palm Beach apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.