Rental market snapshot for South Side, West Palm Beach
South Side rental market summary
The rental market in South Side, Florida is showing signs of growth. In July 2023, there were 37 new listings, a significant increase from the previous month. The median rent for the month of July 2023 was $4,070, an 8.7% increase from the previous month and a 45.4% increase from the same time last year. This indicates that the rental market in South Side is becoming increasingly competitive and that demand for rental properties is on the rise.
The increasing median rent in South Side is likely due to the influx of new renters in the area. With more people looking for rental properties, the competition for available units is driving up prices. This trend is likely to continue as more people move to South Side in search of affordable housing. As the rental market continues to grow, it is important for renters to be aware of the current market conditions and to be prepared to pay higher prices for rental properties.
Median rent for all residential properties in South Side
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The most expensive listings and top trending buildings in South Side
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 213 Seville Rd | $15,000 | 4 / 3.0 |
| 240 Santa Lucia Dr | $10,500 | 6 / 3.0 |
| 225 Gregory Rd | $7,500 | 4 / 2.0 |
| 369 Valley Forge Rd | $7,000 | 2 / 1.0 |
| 376 Forest Hill Blvd | $5,900 | 3 / 2.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Zillow | $1,725 |
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Bedroom Breakdown in South Side
South Side neighborhood apartments rents
The rental market for studios in South Side, Florida appears to be stable, with only one new studio listing in September 2022. The median rent for studios in September 2022 is $2,000, which suggests that the rental market is not experiencing any significant changes. Unfortunately, no data is available for the median rent in August 2022, so it is not possible to determine the percent change in rent from August 2022 to September 2022. Overall, the rental market for studios in South Side, Florida appears to be relatively stable.
The rental market for 1-bedroom apartments in South Side, Florida appears to be stable, with only two new listings in May 2023 and a median rent of $1,725. Unfortunately, no data is available for April 2023, so it is not possible to determine the percent change in rent from April to May. Overall, the rental market for 1-bedroom apartments in South Side appears to be steady.
The rental market for 2-bedroom apartments in South Side, Florida is showing signs of growth. In January 2023, there was only one new 2-bedroom listing, but the median rent for these apartments increased by 41.0% from December 2022 to January 2023, from $1,985 to $2,799. This suggests that demand for 2-bedroom apartments is increasing, and that the rental market is becoming more competitive.