Average Rent in 33407, West Palm Beach, FL

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Current Versus Historical 33407, West Palm Beach, FL Rents

33407 rentals average $1,525 for a studio rental to $3,800 for a 4-bedroom rental. The median price of all currently available listings is $2,500, or roughly $31 per square feet.
For the apartment units and housing in June 2026, median rents have risen over the last year. Studio rentals prices have increased by $171 (12.96%) year-over-year from $1,317 to $1,488. 1-bedroom rentals prices have increased by $118 (6.79%) year-over-year from $1,732 to $1,850. 2-bedroom rentals prices have increased by $489 (21.90%) year-over-year from $2,233 to $2,723. 3-bedroom rentals prices have increased by $377 (13.00%) year-over-year from $2,898 to $3,275. 4-bedroom rentals prices have increased by $10,842 (296.36%) year-over-year from $3,658 to $14,500. 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 17.17% this month. 1-bedroom rents have gone up by 2.30% this month. 2-bedroom rents have gone up by 9.48% this month. 3-bedroom rents have gone up by 7.97% this month. 4-bedroom rents have gone up by 95.29% this month.
Beds
Price / Sqft
Jun 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $48.00 $1,488 $1,317 (12.96%) $2,032 (-26.78%)
1 BR $32.91 $1,850 $1,732 (6.79%) $1,696 (9.09%)
2 BR $28.22 $2,723 $2,233 (21.90%) $2,442 (11.50%)
3 BR $33.29 $3,275 $2,898 (13.00%) $3,467 (-5.53%)
4+ BR $32.45 $14,500 $3,658 (296.36%) $4,000 (262.50%)

Historical Rents in 33407, West Palm Beach, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 33407

There are a total of 19 cities nearby 33407. The average rent in 33407 is currently $3,550 per month. A total of 5 cities nearby have an average rent lower than that. Our records show that Lake Worth, FL, with an average rent of $1,995, is the most affordable city nearby. In contrast, the most expensive city near 33407, West Palm Beach, FL is Palm Beach, FL. Monthly rents here are on average $11,250 per month.

Let's compare 33407, West Palm Beach, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in 33407, West Palm Beach, FL is 4.92% more affordable than other cities nearby. One bedrooms are about 10.95% more affordable. Two bedrooms in 33407, West Palm Beach, FL are about 9.80% more affordable. Finally, rent for three bedrooms are about 24.19% more affordable. Want more information? Check out the top 10 cities out of 19 total cities near 33407, West Palm Beach, FL in the following table.
City Studio 1 Bed 2 Bed All
Lake Worth, FL $1,600 $1,600 $2,298 $1,995
Greenacres, FL $1,500 $1,425 $1,995 $2,000
Palm Springs, FL $950 $1,400 $2,100 $2,100
West Palm Beach, FL $1,650 $1,900 $2,500 $2,600
North Palm Beach, FL $2,000 $1,850 $2,800 $3,000
Palm Beach Gardens, FL N/A $2,050 $2,800 $3,550
Riviera Beach, FL $1,200 $1,998 $5,125 $3,950
Juno Beach, FL N/A N/A $4,200 $5,875
Lake Park, FL $1,400 $4,900 $4,250 $5,950
Palm Beach, FL $3,000 $3,900 $10,000 $11,250

Top Neighborhoods Near 33407

There are a total of 13 neighborhoods in or near 33407. Some of these neighborhoods include Century Village, Kings Point, and Golden Lakes. We've included all of these top 13 neighborhoods in or near 33407, West Palm Beach, FL in the following table.

The average rent for these 13 neighborhoods in or near 33407, West Palm Beach, FL is currently around $2,695 per month. A total of 6 neighborhoods have a lower average rent. Meaning, only seven neighborhoods have a higher average rent than $2,695. Interestingly, the neighborhoods' average rent is higher than 33407's average rent, which is only $2,500. Out of all the neighborhoods in or near 33407, Century Village has the most affordable average rent at $1,400 per month. Whereas, at $7,400 average rent per month, Kelsey City is the most expensive neighborhood in or near 33407. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Century Village, West Palm Beach, FL N/A $1,375 $1,600 $1,400
Kings Point, Boynton Beach-Delray Beach, FL N/A $1,500 $1,750 $1,695
Golden Lakes, Royal Palm Beach-West Jupiter, FL N/A $1,500 $1,850 $1,850
President Country Club, West Palm Beach, FL N/A $1,550 $2,200 $2,200
Villages of Oriole, Boynton Beach-Delray Beach, FL N/A $1,600 $2,200 $2,200
North Palm Beach Village, North Palm Beach, FL $2,000 $1,850 $2,495 $2,495
North Palm Beach, West Palm Beach, FL N/A $1,700 $2,723 $2,695
Cityplace, West Palm Beach, FL N/A $2,900 $3,875 $3,750
Greenview Shores of Wellington, Wellington, FL N/A $2,300 $2,690 $3,750
Palm Beach Polo and Country Club, Wellington, FL N/A $3,500 $2,800 $4,100
PGA Resort Community, Palm Beach Gardens, FL N/A $1,938 $3,550 $4,500
The Bluffs, Jupiter, FL N/A N/A $3,500 $4,500
Kelsey City, Lake Park, FL $1,400 $5,600 $6,000 $7,400

Top Counties Near 33407

There are a total of 9 counties located by 33407, West Palm Beach, FL. Some of these counties include Lake Worth, FL, West Palm Beach, FL, and Port Salerno-Hobe Sound, FL. The average rent for rentals in these counties is $3,400. That's roughly around $28 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Lake Worth, FL. Its average rent per month is $2,200. Vice versa, with an average rent of $4,750, Western Community, FL is the most expensive county by 33407, West Palm Beach, FL.

Typically, rent for studios in 33407, West Palm Beach, FL is 8.20% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 33407, West Palm Beach, FL is 5.11% more affordable than other counties nearby. Finally, rent for two bedrooms in 33407, West Palm Beach, FL is 2.16% more expensive than other counties nearby. We've listed all of these counties in the table below.
County Studio 1 Bed 2 Bed All
Lake Worth, FL $1,600 $1,600 $2,100 $2,200
West Palm Beach, FL $1,650 $1,650 $2,500 $2,500
Port Salerno-Hobe Sound, FL $1,225 $1,900 $2,200 $2,600
Boynton Beach-Delray Beach, FL $1,963 $1,800 $2,400 $2,650
Riviera Beach, FL $1,475 $2,000 $3,500 $3,400
Royal Palm Beach-West Jupiter, FL $1,325 $1,625 $2,200 $3,400
Sunshine Parkway, FL $3,300 $1,750 $2,495 $3,500
Jupiter, FL $1,900 $2,200 $3,150 $3,700
Western Community, FL $4,000 $1,800 $2,499 $4,750

Top Zipcodes Near 33407

There are a total of 20 zipcodes in or near 33407, West Palm Beach, FL. The average rent for all of these zipcodes is $2,500. A total of 11 zipcodes have an 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 $1,595 per month. In comparison, the zipcode with the most expensive average rent of $4,500 per month is 33487, Boca Raton, FL.

Studios in these zipcodes have an average rent of $1,088. That's at least $16 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 33407, West Palm Beach, FL is $1,736 per month. Or in other words, $29 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,335 per month. Which comes out to $26 per sqft. The following table includes the top 10 zipcodes in 33407, West Palm Beach, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
33401, West Palm Beach, FL $1,673 $2,300 $3,000 $2,703
33417, West Palm Beach, FL N/A $1,400 $1,950 $1,595
33414, Wellington, FL $10,500 $2,725 $2,780 $3,750
33411, Royal Palm Beach, FL $4,000 $1,500 $1,975 $2,300
33418, Palm Beach Gardens, FL N/A $2,025 $3,000 $4,000
33460, Lake Worth, FL $1,625 $1,663 $2,300 $2,000
33410, Palm Beach Gardens, FL N/A $2,075 $2,750 $2,900
33409, Westgate, FL N/A $1,675 $2,000 $2,195
33415, Lake Worth, FL N/A $1,425 $2,000 $2,000
33461, Lake Worth, FL $1,250 $1,400 $2,100 $2,000

Frequently Asked Questions - 33407 Average Rents

What is the average rent price in 33407, West Palm Beach, FL?
The average monthly rental price for 33407, West Palm Beach, FL apartments for rent is approximately $2,500. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 33407, 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 33407, West Palm Beach, FL.
How much is a studio apartment in 33407, West Palm Beach, FL?
The average monthly rental price for studio apartments is $1,525 and an average price per square feet of $48.00. There are a total of 9 studio apartment listings currently available for rent in 33407.
How much is a one bedroom apartment in 33407, West Palm Beach, FL?
The average monthly rental price for one bedroom apartments is $1,713 and an average price per square feet of $32.91. There are a total of 44 one bedroom apartment listings currently available for rent in 33407.
How much is a two bedroom apartment in 33407, West Palm Beach, FL?
The average monthly rental price for two bedroom apartments is $2,550 and an average price per square feet of $28.22. There are a total of 82 two bedroom apartment listings currently available for rent in 33407.
How have rent prices in 33407, West Palm Beach, FL changed this year?
Rent prices for rentals in 33407, West Palm Beach, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.13%, one bedroom rental prices have changed by 0.07%, two bedroom rental prices have changed by 0.22%, three bedroom rental prices have changed by 0.13% year-over-year.
What is a reasonable rent price in 33407, West Palm Beach, FL?
A reasonable rent price in 33407, West Palm Beach, FL is around $2,000/month. You can search for these reasonably priced rental listings on RentHop.
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