West Palm Beach, FL Rental Market Trends
Last updated: March 30, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in West Palm Beach is $2,436, a 1.79% increase compared to the previous year, when the average rent was $2,393.
Studio Apartments at $2,211 offer the most budget-friendly option with 574 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 739 square feet for $2,156, balancing privacy and affordability.
Two-beedroom units at $2,567 offer 1,069 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,360 sq ft) for $3,148, suitable for larger households.
Average rent in West Palm Beach, FL
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,436 | 949 sq. ft. |
| Studio | $2,211 | 574 sq. ft. |
| 1 Bed | $2,156 | 739 sq. ft. |
| 2 Beds | $2,567 | 1,069 sq. ft. |
| 3 Beds | $3,148 | 1,360 sq. ft. |
West Palm Beach, FL rent trends
Rental prices in West Palm Beach, FL have increased by 1.79% over the past year. The average rent moved from $2,393 to $2,436.
What's the typical rent budget in West Palm Beach, FL?
The largest share of rentals in West Palm Beach, FL (32%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in West Palm Beach, FL?
25,153 or 50% of the households in West Palm Beach, FL are renter-occupied while 25,365 or 50% are owner-occupied.
Most affordable neighborhoods in West Palm Beach?
Northwood Hills $1,761/month
Garden Hills $1,803/month
Golden Lakes $1,962/month
All of these neighborhoods fall below the city wide average of $2,436/month.Most expensive neighborhoods in West Palm Beach?
Progressive Northwest $3,460/month
Downtown West Palm Beach $4,045/month
Pinewood Park $4,157/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in West Palm Beach, FL By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Pinewood Park | $4,157 |
| Downtown West Palm Beach | $4,045 |
| Progressive Northwest | $3,460 |
| Providencia Park | $3,239 |
| Pineapple Park | $2,721 |
| Roosevelt Estates | $2,485 |
| Briar Bay | $2,459 |
| Presidential Estates | $2,394 |
| Villages Of Palm Beach Lakes | $2,128 |
| Ironhorse Country Club | $2,096 |
| Golden Lakes | $1,962 |
| Garden Hills | $1,803 |
| Northwood Hills | $1,761 |
West Palm Beach | Rent Comparison by Neighborhood
Rent in Briar Bay is 39% lower than in Downtown West Palm Beach
Briar Bay rent is 1% higher than West Palm Beach average
Downtown West Palm Beach rent is 66% higher than West Palm Beach average
How West Palm Beach Compares to Other Cities
| City | Average Rent |
|---|---|
| West Palm Beach | $2,436 |
| Jacksonville | $1,493 |
| Miami | $2,732 |
| Tampa | $2,011 |
| Orlando | $1,782 |
| Kissimmee | $1,795 |
| Fort Myers | $1,719 |
| Cape Coral | $1,688 |
| Port St. Lucie | $2,141 |
| St. Petersburg | $2,017 |
| Clearwater | $1,807 |
| Boca Raton | $2,921 |
| Pompano Beach, FL | $2,251 |
| Oakland Park, FL | $1,985 |
| Lake Worth, FL | $2,215 |
| Coral Springs, FL | $2,467 |
| Boynton Beach, FL | $2,344 |
| Delray Beach, FL | $2,863 |
| Stuart, FL | $2,029 |
| Deerfield Beach, FL | $2,153 |
| Palm Beach Gardens, FL | $2,734 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all West Palm Beach apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.