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
What is the average rent in Royal Palm Beach?
The average rent for an apartment in Royal Palm Beach is $1,866. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Royal Palm Beach, FL
Last updated November 2021
| Average Rent | Average Apartment Size |
|---|---|
| $1,866 | 1,074 sq. ft. |
What is the average apartment size in Royal Palm Beach?
The average size for a Royal Palm Beach, FL apartment is 1,074 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
Royal Palm Beach, FL Occupied Housing Units
2,748 or 22% of the households in Royal Palm Beach, FL are renter-occupied while 9,342 or 77% are owner-occupied.
Royal Palm Beach, FL Rent Trends
| Average Rent | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Nov / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Royal Palm Beach, FL | $1,552 | $1,549 | $1,580 | $1,590 | $1,609 | $1,670 | $1,604 | $1,676 | $1,737 | $1,866 |
| National | $1,347 | $1,356 | $1,361 | $1,393 | $1,400 | $1,402 | $1,393 | $1,397 | $1,485 | $1,510 |
How Royal Palm Beach Compares to Other Cities
| City | Average Rent |
|---|---|
| Jacksonville | $1,381 |
| Tampa | $1,647 |
| Kissimmee | $1,469 |
| Miami | $1,915 |
| Orlando | $1,611 |
| West Palm Beach | $1,862 |
| Fort Lauderdale | $2,301 |
| Boca Raton | $2,524 |
| Pompano Beach | $1,830 |
| Hollywood | $1,695 |
| Royal Palm Beach | $1,866 |
Most Popular Apartments in Royal Palm Beach
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.