Rental market snapshot for Palm Beach, Florida

Palm Beach, Florida Rental Property Market Overview

The average rent for an apartment in Palm Beach is $5,146. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by -3.4% over the past year.

Palm Beach is a town in Palm Beach County, Florida, United States. The town has a population of about 8,000 people. It is located on a barrier island on the east coast of Florida, about 65 miles north of Miami. The town is known for its beaches, golf courses, and upscale shops and restaurants.

Last Updated December 23, 2022

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Average monthly rent graph in Palm Beach Florida | Cost of Living

  • The most expensive ZIP Code in Palm Beach is 33411 with an average price of $1,800
  • The cheapest ZIP Code in Palm Beach is 33411 with an average price of $1,800

Palm Beach ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
133411$1,800

Live near Palm Beach, Florida's Top Sights and Attractions

Peanut Island Park is a man-made island located in the Intracoastal Waterway in Palm Beach County, Florida. The island is accessible by a bridge from Riviera Beach. The island has a marina, a museum, a beach, and a campground.

Municipal Docks is a public dock and marina located in Palm Beach, Florida. The dock is located on the Intracoastal Waterway and is adjacent to the Palm Beach Inlet. The dock has slips for boats up to 50 feet in length and can accommodate up to 200 boats. The dock also has a fuel dock, a ship store, and a fish cleaning station.

Municipal Beach Park is a beautiful sandy beach flanked by palm trees, with a wide range of amenities including a playground, picnic tables, grills, and a pavilion. The beach is perfect for swimming, sunbathing, fishing, and kayaking, and there is also a boardwalk perfect for strolling, jogging, or biking.

Phipps Ocean Park is a beautiful oceanfront park located in Palm Beach, Florida. The park features a wide variety of amenities including a playground, picnic pavilions, a fishing pier, and a scenic walking trail.

The Clock Tower is an attraction in Palm Beach, Florida. It is a large clock tower that is located in the center of the city. The clock tower is a popular tourist destination and is one of the most recognizable landmarks in Palm Beach.

Palm Beach Municipal Beach is a beautiful sandy beach with crystal clear water. It is located on the east coast of Florida and is a popular spot for swimming, sunbathing, and surfing.

The Southern Blvd Causeway is a drawbridge that spans the Intracoastal Waterway in Palm Beach, Florida. The causeway is a popular spot for fishing, picnicking, and enjoying the views of the waterway.

Phipps Ocean Park is a beautiful oceanfront park located in Palm Beach, Florida. The park features a wide variety of amenities including a playground, picnic pavilions, a fishing pier, and a scenic walking trail. Visitors can also enjoy stunning views of the Atlantic Ocean from the park's beach area.

Palm Beach, Florida area median rent change by ZIP Code map

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How does Palm Beach compare to other cities in Florida ?

citymedian price
Gulf Breeze$2,600
Panama City Beach$2,064
Augustine$2,415
Edgewater$1,945
Lehigh Acres$1,725
Lake Worth$2,520
Casselberry$2,075
Orlando$2,099
Ellenton$2,280
Groveland$1,895

Average household income in Palm Beach area graph - US Census

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The median household income in Palm Beach in 2021 was $169,003. This represents a 54.8% change from 2011 when the median was $109,167.

#categorypercent
0Less than $10,0003.8%
1$10,000 to $14,9991.2%
2$15,000 to $19,9990.5%
3$20,000 to $24,9991.1%
4$25,000 to $29,9991.8%
5$30,000 to $34,9992.1%
6$35,000 to $39,9993.3%
7$40,000 to $44,9990.9%
8$45,000 to $49,9992.5%
9$50,000 to $59,9991.7%
10$60,000 to $74,9997.7%
11$75,000 to $99,99910.8%
12$100,000 to $124,9996.1%
13$125,000 to $149,9993.5%
14$150,000 to $199,9994.7%
15$200,000 or more48.0%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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