West Palm Beach, FL Rental Market Trends
The average rent for an apartment in West Palm Beach is $1,481, a 4% increase compared to the previous year.
Average Rent in West Palm Beach, FL
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,481||4%||954 sq. ft.|
The average size for a West Palm Beach, FL apartment is 954 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
- > $2,0007%
West Palm Beach, FL Occupied Housing Units
- Renter-occupied Households47%
- Owner-occupied Households52%
19,779 or 47% of the households in West Palm Beach, FL are renter-occupied while 21,912 or 52% are owner-occupied.
West Palm Beach, FL Rent Trends
|Nov / 2016||Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Feb / 2020|
Average Rent in West Palm Beach, FL By Neighborhood
|Victoria Woods - Summit Pines||$1,173|
|Cannongate - Dillman Heights||$1,173|
|Echo Lake - Westfield||$1,208|
|Ironhorse Country Club||$1,273|
|Meadow Park West||$1,359|
|Palm Beach Farms||$1,391|
|Villages Of Palm Beach Lakes||$1,401|
|The Palm Club||$1,479|
|Palm Beach Lakes||$1,479|
|Ibis Country Club||$1,662|
|Wellington View - Buena Vida||$1,670|
|Riverwalk Of The Palm Beaches||$1,670|
|Owahee - Apoxee Trail||$1,670|
|Sunshine - Flamingo Park||$1,862|
|Downtown West Palm Beach||$1,862|
The most affordable neighborhoods in West Palm Beach are Cannongate - Dillman Heights, where the average rent goes for $1,173/month, Garden Hills, where renters pay $1,173/mo on average, and Pine Jog, where the average rent goes for $1,173/mo. If you’re looking for other great deals, check out the listings from Victoria Woods - Summit Pines ($1,173), Echo Lake - Westfield ($1,208), and North Shore ($1,208), where the asking prices are below the average West Palm Beach rent of $1,481/mo.
The most expensive neighborhoods in West Palm Beach are Providencia Park ($1,862), Roosevelt Estates ($1,862) and Sunshine - Flamingo Park ($1,862).
The most popular neighborhood in West Palm Beach is Briar Bay, where there are 5 verified RENTCafé listings with an average rent of $1,532. Next up is Garden Hills, where apartments go for $1,173/month, followed by Roosevelt Estates with $1,862 If you’re looking to rent in West Palm Beach’s most popular neighborhoods, make sure to also check out Pinewood Park, where renters pay $1,208 on average, and Victoria Woods - Summit Pines, where the average monthly rent is $1,173.
West Palm Beach | Rent Comparison by Neighborhood
Rent in Andros Isle is 23% higher than in Bermuda Park
Andros Isle rent is 13% higher than West Palm Beach average
Bermuda Park rent is 8% lower than West Palm Beach average
How West Palm Beach Compares to Other Cities
|Average Rent||Y-o-Y Change|
|West Palm Beach||$1,481||4%|
For more information about the West Palm Beach rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!