West Palm Beach, FL Rental Market Trends
What is the average rent in West Palm Beach?
The average rent for an apartment in West Palm Beach is $1,746, a 16% increase compared to the previous year. Read the full Rent Report to learn more details on how apartment rents compare to other locations in the area, and what are the most affordable or most expensive cities for renting around Miami, FL.
Average Rent in West Palm Beach, FL
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,746||16%||953 sq. ft.|
What is the average apartment size in West Palm Beach?
The average size for a West Palm Beach, FL apartment is 953 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.
West Palm Beach, FL Apartment Rent Ranges
West Palm Beach, FL Occupied Housing Units
19,114 or 46% of the households in West Palm Beach, FL are renter-occupied while 22,397 or 53% are owner-occupied.
West Palm Beach, FL Rent Trends
|Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||Mar / 2021||Jun / 2021|
Average Rent in West Palm Beach, FL By Neighborhood
|Southside West Palm Beach||$2,436|
|Southwest Palm Beach||$2,436|
|Downtown West Palm Beach||$2,195|
|Sunshine - Flamingo Park||$2,195|
|Owahee - Apoxee Trail||$1,866|
|Riverwalk Of The Palm Beaches||$1,866|
|Wellington View - Buena Vida||$1,866|
|Ibis Country Club||$1,851|
|Palm Beach Lakes||$1,684|
|The Palm Club||$1,684|
|Villages Of Palm Beach Lakes||$1,622|
|Palm Beach Farms||$1,581|
|Meadow Park West||$1,575|
|Ironhorse Country Club||$1,511|
|Echo Lake - Westfield||$1,468|
|Cannongate - Dillman Heights||$1,249|
|Victoria Woods - Summit Pines||$1,249|
What are the most affordable neighborhoods in West Palm Beach?
The most affordable neighborhoods in West Palm Beach are Cannongate - Dillman Heights, where the average rent goes for $1,249/month, Garden Hills, where renters pay $1,249/mo on average, and Pine Jog, where the average rent goes for $1,249/mo. If you’re looking for other great deals, check out the listings from Victoria Woods - Summit Pines ($1,249), Cresthaven ($1,383), and Echo Lake - Westfield ($1,468), where the asking prices are below the average West Palm Beach rent of $1,746/mo.
What are the most expensive neighborhoods in West Palm Beach?
The most expensive neighborhoods in West Palm Beach are Southside West Palm Beach ($2,436), Southwest Palm Beach ($2,436) and Vedado ($2,436).
What are the most popular neighborhoods in West Palm Beach?
The most popular neighborhood in West Palm Beach is Pinewood Park, where there are 6 verified RENTCafé listings with an average rent of $1,468. Next up is Villages Of Palm Beach Lakes, where apartments go for $1,622/month, followed by Garden Hills with $1,249 If you’re looking to rent in West Palm Beach’s most popular neighborhoods, make sure to also check out Roosevelt Estates, where renters pay $2,195 on average, and Old Northwood, where the average monthly rent is $1,468.
West Palm Beach | Rent Comparison by Neighborhood
Rent in Andros Isle is 18% higher than in Bermuda Park
Andros Isle rent is 7% higher than West Palm Beach average
Bermuda Park rent is 10% lower than West Palm Beach average
How West Palm Beach Compares to Other Cities
|Average Rent||Y-o-Y Change|
|West Palm Beach||$1,746||16%|