Rental market snapshot for West Palm Beach, Florida

West Palm Beach, Florida Rental Property Market Overview

The average rent for an apartment in West Palm Beach is $2,172. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by -3.5% over the past year.

West Palm Beach is a city located in the state of Florida in the United States of America. The city is the county seat of Palm Beach County. The city is located on the eastern side of the state, on the Atlantic Ocean. The city is known for its beaches, its golf courses, and its luxury hotels. The city is also known for its art museums, its performing arts venues, and its restaurants.

Last Updated December 23, 2022

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

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

  • The most expensive ZIP Code in West Palm Beach is 33412 with an average price of $3,455
  • The cheapest ZIP Code in West Palm Beach is 33404 with an average price of $1,450

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

#zip codeaverage rent
133412$3,455
233401$2,918
333413$2,610
433409$2,596
533409$2,541
633413$2,399
733403$2,380
833405$2,375
933411$2,365
1033411$2,275

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

Dreher Park is a large public park that features a variety of amenities, including a playground, picnic pavilions, a walking trail, a pond, and a butterfly garden. The park is also home to the Palm Beach Zoo, which houses over 500 animals.

Lake Lytal Park is a 36-acre public park located in West Palm Beach, Florida. The park features a lake, walking trails, a playground, a basketball court, and a picnic area.

Dyer Park is a large public park that features a variety of amenities, including a playground, picnic pavilions, a walking trail, and a lake. The park is also home to a variety of wildlife, including ducks, geese, and turtles.

Pine Jog Environmental Education Center is a nature preserve that offers hiking, biking, and horseback riding trails, as well as educational programs about the local ecosystem.

Gaines Park is a beautiful park located on the water in West Palm Beach, Florida. The park has a playground, picnic tables, and a walking path.

Howard Park is a beautiful, sandy beach located on the Atlantic Ocean in West Palm Beach, Florida. The beach is perfect for swimming, sunbathing, and relaxing. There are also plenty of restaurants and bars nearby, making it the perfect spot to spend a day or two.

The attraction is the South Florida Science Center and Aquarium. It is a hands-on museum that has something for everyone. The Science Center has over 50 hands-on exhibits, a planetarium, and an aquarium. The Aquarium has over 30,000 gallons of fresh and salt water tanks with over 150 species of fish, reptiles, and amphibians.

The Mary Graham Centennial Square is a public plaza located in West Palm Beach, Florida. The square is named after Mary Graham, the first female mayor of the city. It is located in the heart of the city's downtown area and features a fountain, a statue of Mary Graham, and a variety of shops and restaurants.

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

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

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

citymedian price
Destin$2,131
Tampa$2,145
Port Richey$1,675
Mulberry$1,945
Wimauma$2,200
Coconut Creek$2,793
Elkton$2,195
New Smyrna Beach$2,175
Clearwater Beach$3,500
Crawfordville$2,100

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

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

The median household income in West Palm Beach in 2021 was $54,603. This represents a 19.2% change from 2011 when the median was $45,806.

#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.
Made withDataherald