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 $2,232. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in West Palm Beach, FL
Last updated November 2023
| Average Rent | Average Apartment Size |
|---|---|
| $2,232 | 951 sq. ft. |
What is the average apartment size in West Palm Beach?
The average size for a West Palm Beach, FL apartment is 951 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
24,796 or 50% of the households in West Palm Beach, FL are renter-occupied while 24,552 or 50% are owner-occupied.
West Palm Beach, FL rent trends
Average Rent in West Palm Beach, FL By Neighborhood
| City | Average Rent |
|---|---|
| Poinciana Park | $2,997 |
| Southside West Palm Beach | $2,997 |
| Presidential Estates | $2,730 |
| Providencia Park | $2,730 |
| Sunshine - Flamingo Park | $2,730 |
| Pineapple Park | $2,466 |
| Golden Lakes | $2,189 |
| Villages Of Palm Beach Lakes | $2,035 |
| Bryant Park | $1,947 |
| Lake Lytal | $1,947 |
| Old Northwood | $1,875 |
| Pinewood Park | $1,875 |
| Cresthaven | $1,831 |
| Cannongate - Dillman Heights | $1,744 |
| Garden Hills | $1,744 |
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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 $1,744/month, Garden Hills, where renters pay $1,744/mo on average, and Cresthaven, where the average rent goes for $1,831/mo. If you’re looking for other great deals, check out the listings from Old Northwood ($1,875), Pinewood Park ($1,875), and Bryant Park ($1,947), where the asking prices are below the average West Palm Beach rent of $2,232/mo.
What are the most expensive neighborhoods in West Palm Beach?
The most expensive neighborhoods in West Palm Beach are Sunshine - Flamingo Park ($2,730), Poinciana Park ($2,997) and Southside West Palm Beach ($2,997).
What are the most popular neighborhoods in West Palm Beach?
The most popular neighborhood in West Palm Beach is Old Northwood, where there are 1 listings with an average rent of $1,875. Next up is Pineapple Park, where apartments go for $2,466/month, followed by Pinewood Park with $1,875 If you’re looking to rent in West Palm Beach’s most popular neighborhoods, make sure to also check out Providencia Park, where renters pay $2,730 on average, and Bryant Park, where the average monthly rent is $1,947.
West Palm Beach | Rent Comparison by Neighborhood
Rent in Bryant Park is 12% higher than in Cannongate - Dillman Heights
$1,947
Bryant Park rent is 13% lower than West Palm Beach average
Average Rent
$1,947
$1,744
Cannongate - Dillman Heights rent is 22% lower than West Palm Beach average
Average Rent
$1,744
How West Palm Beach Compares to Other Cities
| State | Average Rent |
|---|---|
| Orlando | $1,905 |
| Miami | $2,451 |
| Miami Beach | $3,002 |
| Jacksonville | $1,504 |
| Clearwater | $1,790 |
| West Palm Beach | $2,232 |
| North Miami Beach | $2,419 |
| Tampa | $1,923 |
| Coral Gables | $2,890 |
| Gainesville | $1,671 |
| Green Cove Springs | $1,078 |
| Coconut Creek | $2,324 |
| Coral Springs | $2,430 |
| Deerfield Beach | $2,129 |
| Boca Raton | $2,874 |
| Oakland Park | $1,965 |
| Pompano Beach | $2,143 |
What is the average price for a storage unit in West Palm Beach?
The average rent for a non-climate-controlled 10'x10' storage unit in West Palm Beach is $205.87. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
Most Popular Apartments in West Palm Beach
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Y2y Property Xfer 5
3353 Powder House Road, West Palm Beach, FL 33417| 1 BED | $500+ |
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Test Warehouses
Test Warehouses, West Palm Beach, FL 33460| STUDIO | $400 |