Rental market snapshot for West Palm Beach, Florida

West Palm Beach, Florida Rental Property Market Overview

West Palm Beach, Florida is a vibrant city located in Palm Beach County. According to the US Census, the population of West Palm Beach in 2021 is 117,286. The city is home to a variety of attractions, including the Norton Museum of Art, the Kravis Center for the Performing Arts, and the South Florida Science Center and Aquarium. West Palm Beach also offers a variety of outdoor activities, such as golfing, fishing, and kayaking. With its diverse population, vibrant culture, and abundance of activities, West Palm Beach is a great place to live and visit.

The average rent for an apartment in West Palm Beach is $2,551. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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

  • The most expensive ZIP code in West Palm Beach is 33401 with an average price of $3,289.
  • The cheapest ZIP code in West Palm Beach is 33409 with an average price of $2,495.

West Palm Beach ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
133401$3,289
233405$3,272
333409$2,495

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

Dreher Park is a sprawling public park located in South Florida. It features a variety of attractions, including a lake, a botanical garden, a nature center, a playground, and a variety of trails for hiking, biking, and jogging. The park also has a variety of sports fields, including baseball, softball, and soccer fields, as well as a disc golf course. The park is also home to a variety of wildlife, including birds, turtles, and alligators.

Lake Lytal Park is a sprawling, lush green oasis located in the heart of a bustling city. The park features a large lake, perfect for fishing, canoeing, and kayaking. There are also plenty of trails for walking, jogging, and biking, as well as a playground and picnic areas. The park is also home to a variety of wildlife, including birds, turtles, and other animals. The park is a great place to spend the day, with plenty of activities to keep everyone entertained.

Dyer Park is a lush, green oasis located in the heart of a bustling city. The park features a variety of recreational activities, including a large lake, walking trails, and a playground. Visitors can enjoy a picnic in the shade of the many trees, or take a leisurely stroll along the lake's edge. The park also offers a variety of sports fields, including baseball, softball, and soccer. With its picturesque views and abundance of activities, Dyer Park is a great place to spend a day outdoors.

Pine Jog Environmental Education Center is a nature preserve located in South Florida. It is home to a variety of wildlife, including birds, reptiles, amphibians, and mammals. Visitors can explore the trails, observe the wildlife, and learn about the local environment. The center also offers educational programs and workshops on topics such as conservation, sustainability, and environmental stewardship. Pine Jog is a great place to spend a day outdoors and learn about the natural world.

Gaines Park is a beautiful outdoor space located in West Palm Beach, Florida. It features a large lake, walking trails, picnic areas, and a playground. The park also has a variety of trees, shrubs, and flowers, making it a great spot for bird watching. There are also plenty of benches and tables for visitors to relax and enjoy the scenery. The park is a popular spot for families, joggers, and dog walkers.

Howard Park is a beautiful beachfront park located on the Atlantic Ocean. It features a wide sandy beach, a boardwalk, picnic areas, a playground, and a fishing pier. The park also offers a variety of activities such as kayaking, paddle boarding, and beach volleyball. Visitors can also enjoy the stunning views of the ocean and the nearby Intracoastal Waterway.

Fms Bonds Inc West Palm Beach is a popular tourist attraction located in the heart of West Palm Beach. It is a unique shopping experience that offers a wide variety of items from jewelry, watches, and accessories to art, antiques, and collectibles. The store also features a wide selection of rare coins and currency, as well as a variety of vintage items. Visitors can also enjoy the beautiful outdoor courtyard, which features a fountain and lush landscaping.

Mary Graham Centennial Square is a beautiful public park located in the heart of downtown. It features a large open grassy area, perfect for picnics and outdoor activities, as well as a picturesque fountain and a variety of trees and plants. The square is also home to a number of sculptures and monuments, including a memorial to the city's namesake, Mary Graham. Visitors can also enjoy a variety of events and activities throughout the year, such as concerts, festivals, and art shows.

Currie Park is a waterfront park located on the Intracoastal Waterway. It features a playground, picnic area, and a fishing pier. There are also walking trails, a boat ramp, and a boardwalk that offers stunning views of the waterway. The park also hosts a variety of events throughout the year, including outdoor concerts, festivals, and art shows.

Grassy Waters Preserve is a lush, natural oasis located in South Florida. It is a freshwater wetland ecosystem that spans over 2300 acres and is home to a variety of wildlife, including alligators, turtles, and a variety of birds. Visitors can explore the preserve by foot, bike, or kayak, and take in the beauty of the wetlands. There are also educational programs and guided tours available to learn more about the local wildlife and environment.

West Palm Beach, Florida area median rent change by ZIP code map

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How does West Palm Beach compare to other cities in Florida?

citymedian price
Hutchinson Island South$4,000
University Park$3,600
Miami Beach$3,100
North Bay Village$2,800
Indialantic$2,550
Ocoee$2,205
Sanford$2,135
Dade City$1,930
Pensacola$1,615
Bellair-Meadowbrook Terrace$1,605

Average household income in West Palm Beach area graph - US Census

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The median household income in West Palm Beach in 2021 was $56,549. This represents a 25.5% change from 2011 when the median was $45,060.

#categorypercent
0Less than $10,0007.3%
1$10,000 to $14,9995.1%
2$15,000 to $19,9994.5%
3$20,000 to $24,9994.8%
4$25,000 to $29,9996.0%
5$30,000 to $34,9994.2%
6$35,000 to $39,9995.0%
7$40,000 to $44,9994.5%
8$45,000 to $49,9994.7%
9$50,000 to $59,9998.0%
10$60,000 to $74,9999.1%
11$75,000 to $99,99912.5%
12$100,000 to $124,9998.1%
13$125,000 to $149,9994.7%
14$150,000 to $199,9995.6%
15$200,000 or more5.6%

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.

As of February , the average rent in West Palm Beach is $2,551.
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