Average Rent in 33401, West Palm Beach, FL

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Current Versus Historical 33401, West Palm Beach, FL Rents

33401 rentals average $0 for a studio rental to $11,500 for a 4-bedroom rental. The median price of all currently available listings is $3,400, or roughly $3 per square feet.
For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $192 (-11.70%) year-over-year from $1,642 to $1,450. 1-bedroom rentals prices have increased by $46 (2.01%) year-over-year from $2,279 to $2,325. 2-bedroom rentals prices have increased by $443 (15.80%) year-over-year from $2,807 to $3,250. 3-bedroom rentals prices have increased by $1,487 (51.12%) year-over-year from $2,908 to $4,395. 4-bedroom rentals prices have increased by $50 (1.38%) year-over-year from $3,598 to $3,648. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 18.23% this month. 1-bedroom rents have gone up by 18.47% this month. 2-bedroom rents have gone up by 10.23% this month. 3-bedroom rents have gone up by 25.33% this month. 4-bedroom rents have gone down by 15.64% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $3.34 $2,325 $2,279 (2.01%) $1,346 (72.76%)
2 BR $3.09 $3,250 $2,807 (15.80%) $1,817 (78.90%)
3 BR $2.88 $4,395 $2,908 (51.12%) $2,333 (88.36%)
4+ BR $4.46 $3,648 $3,598 (1.38%) $2,629 (38.75%)

Historical Rents in 33401, West Palm Beach, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 33401

There are a total of 11 cities nearby 33401. The average rent in 33401 is currently $4,150 per month. A total of 4 cities nearby have an average rent lower than that. Our records show that Lake Worth, FL, with an average rent of $2,300, is the most affordable city nearby. In contrast, the most expensive city near 33401, West Palm Beach, FL is Palm Beach, FL. Monthly rents here are on average $10,000 per month.

Let's compare 33401, West Palm Beach, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 7.58% more expensive. Two bedrooms in 33401, West Palm Beach, FL are about 14.29% more expensive. Finally, rent for three bedrooms are about 8.03% more expensive. Want more information? Check out the top 10 cities out of 11 total cities near 33401, West Palm Beach, FL in the following chart.
City Studio 1 Bed 2 Bed All
Lake Worth, FL $1,625 $1,700 $2,500 $2,300
Greenacres, FL N/A $1,828 $2,266 $2,300
Boynton Beach, FL N/A $1,900 $2,500 $2,650
West Palm Beach, FL $2,025 $2,195 $2,995 $3,000
Palm Beach Gardens, FL N/A $2,300 $3,000 $4,150
Riviera Beach, FL N/A $3,000 $4,800 $4,500
South Palm Beach, FL N/A $2,950 $4,600 $4,500
Wellington, FL $13,250 $2,000 $2,750 $4,500
Juno Beach, FL N/A N/A $3,750 $4,525
Palm Beach, FL N/A $3,225 $9,500 $10,000

Top Neighborhoods Near 33401

There are a total of 5 neighborhoods in or near 33401. Some of these neighborhoods include Century Village, Palm Beach Polo and Country Club, and North Palm Beach. We've included all of these top 5 neighborhoods in or near 33401, West Palm Beach, FL in the following chart.

The average rent for these 5 neighborhoods in or near 33401, West Palm Beach, FL is currently around $3,700 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only three neighborhoods have a higher average rent than $3,700. Interestingly, the neighborhoods' average rent is higher than 33401's average rent, which is only $3,400. Out of all the neighborhoods in or near 33401, Century Village has the most affordable average rent at $1,550 per month. Whereas, at $4,700 average rent per month, The Bluffs is the most expensive neighborhood in or near 33401. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Century Village, West Palm Beach, FL N/A $1,500 $1,650 $1,550
Palm Beach Polo and Country Club, Wellington, FL N/A $2,000 $2,400 $3,000
North Palm Beach, West Palm Beach, FL N/A $2,935 $3,400 $3,700
PGA Resort Community, Palm Beach Gardens, FL N/A $2,025 $3,200 $4,050
The Bluffs, Jupiter, FL $3,500 N/A $3,675 $4,700

Top Counties Near 33401

There are a total of 5 counties located by 33401, West Palm Beach, FL. Some of these counties include Lake Worth, FL, Boynton Beach-Delray Beach, FL, and West Palm Beach, FL. The average rent for rentals in these counties is $3,700. That's roughly around $2 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is Lake Worth, FL. It's average rent per month is $2,500. Vice versa, with an average rent of $4,000, Jupiter, FL is the most expensive county by 33401, West Palm Beach, FL.

Typically, rent for studios in 33401, West Palm Beach, FL is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 33401, West Palm Beach, FL is 17.89% more expensive than other counties nearby. Finally, rent for two bedrooms in 33401, West Palm Beach, FL is 27.14% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Lake Worth, FL $1,625 $1,794 $2,445 $2,500
Boynton Beach-Delray Beach, FL $2,830 $1,963 $2,500 $2,900
West Palm Beach, FL $2,025 $1,950 $2,995 $2,975
Royal Palm Beach-West Jupiter, FL $850 $1,925 $2,550 $3,700
Riviera Beach, FL $2,050 $2,400 $3,750 $3,750
Sunshine Parkway, FL $13,250 $1,738 $2,400 $3,950
Jupiter, FL $3,500 $2,200 $3,400 $4,000

Top Zipcodes Near 33401

There are a total of 21 zipcodes in or near 33401, West Palm Beach, FL. The average rent for all of these zipcodes is $3,650. A total of 8 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 33417, West Palm Beach, FL at $1,649 per month. In comparison, the zipcode with the most expensive average rent of $8,500 per month is 33480, Palm Beach, FL.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 33401, West Palm Beach, FL is $2,150 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,800 per month. Which comes out to $3 per sqft. The following chart includes the top 10 zipcodes in 33401, West Palm Beach, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
33414, Wellington, FL $18,500 $2,000 $2,700 $4,250
33477, Jupiter, FL $4,248 $2,250 $3,500 $3,550
33418, Palm Beach Gardens, FL N/A $2,200 $3,000 $4,450
33480, Palm Beach, FL N/A $3,000 $8,500 $8,500
33404, Riviera Beach, FL $2,050 $2,950 $4,500 $4,500
33407, West Palm Beach, FL $2,249 $2,300 $2,770 $2,982
33435, Boynton Beach, FL N/A $2,000 $2,500 $2,600
33408, North Palm Beach, FL N/A $1,975 $3,400 $4,000
33411, Royal Palm Beach, FL $750 $1,825 $2,200 $2,600
33483, Delray Beach, FL $4,300 $2,500 $5,000 $6,000

Frequently Asked Questions - 33401 Average Rents

What is the average rent price in 33401, West Palm Beach, FL?
The average monthly rental price for 33401, West Palm Beach, FL apartments for rent is approximately $3,400. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 33401, West Palm Beach, FL rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 33401, West Palm Beach, FL.
How much is a studio apartment in 33401, West Palm Beach, FL?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 1 studio apartment listings currently available for rent in 33401.
How much is a one bedroom apartment in 33401, West Palm Beach, FL?
The average monthly rental price for one bedroom apartments is $2,375 and an average price per square feet of $3.34. There are a total of 48 one bedroom apartment listings currently available for rent in 33401.
How much is a two bedroom apartment in 33401, West Palm Beach, FL?
The average monthly rental price for two bedroom apartments is $3,500 and an average price per square feet of $3.09. There are a total of 121 two bedroom apartment listings currently available for rent in 33401.
How have rent prices in 33401, West Palm Beach, FL changed this year?
Rent prices for rentals in 33401, West Palm Beach, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.12%, one bedroom rental prices have changed by 0.02%, two bedroom rental prices have changed by 0.16%, and three bedroom rental prices have changed by 0.51% year-over-year.
What is a reasonable rent price in 33401, West Palm Beach, FL?
A reasonable rent price in 33401, West Palm Beach, FL is around $2,720/month. You can search for these reasonably priced rental listings on RentHop.
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