Average Rent in Palm Beach, FL

Home  »  FL  »  Palm Beach

Current Versus Historical Palm Beach, FL Rents

Palm Beach rentals average $3,000 for a studio rental to $55,000 for a 4-bedroom rental. The median price of all currently available listings is $11,250, or roughly $103 per square feet.
For the apartment units and housing in June 2026, median rents have fallen substantially over the last year. Studio rentals prices have increased by $1,025 (51.90%) year-over-year from $1,975 to $3,000. 1-bedroom rentals prices have decreased by $733 (-15.42%) year-over-year from $4,753 to $4,020. 2-bedroom rentals prices have decreased by $6,000 (-38.71%) year-over-year from $15,500 to $9,500. 3-bedroom rentals prices have decreased by $11,350 (-37.21%) year-over-year from $30,500 to $19,150. 4-bedroom rentals prices have decreased by $1,944 (-3.41%) year-over-year from $56,944 to $55,000. 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 47.06% this month. 1-bedroom rents have gone up by 7.97% this month. 2-bedroom rents have gone down by 32.14% this month. 3-bedroom rents have gone up by 14.56% this month. 4-bedroom rents have gone up by 6.45% this month.
Beds
Price / Sqft
Jun 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $132.84 $3,000 $1,975 (51.90%) $6,800 (-55.88%)
1 BR $56.15 $4,020 $4,753 (-15.42%) $5,600 (-28.21%)
2 BR $93.10 $9,500 $15,500 (-38.71%) $12,333 (-22.97%)
3 BR $105.63 $19,150 $30,500 (-37.21%) $24,333 (-21.30%)
4+ BR $165.08 $55,000 $56,944 (-3.41%) $67,917 (-19.02%)

Historical Rents in Palm Beach, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Palm Beach

There are a total of 8 cities nearby Palm Beach. The average rent in Palm Beach is currently $4,024 per month. A total of 8 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 Palm Beach, FL is Highland Beach, FL. Monthly rents here are on average $7,000 per month.

Let's compare Palm Beach, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in Palm Beach, FL is 50.00% more expensive than other cities nearby. One bedrooms are about 50.67% more expensive. Two bedrooms in Palm Beach, FL are about 57.75% more expensive. Finally, rent for three bedrooms are about 65.79% more expensive. Want more information? Check out the top 8 cities near 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
Lantana, FL $1,950 $1,775 $2,400 $2,500
North Palm Beach, FL $2,000 $1,850 $2,800 $3,000
Riviera Beach, FL $1,200 $1,998 $5,125 $3,950
South Palm Beach, FL $1,950 $2,550 $5,000 $4,098
Juno Beach, FL N/A N/A $4,200 $5,875
Lake Park, FL $1,400 $4,900 $4,250 $5,950
Highland Beach, FL N/A $3,900 $6,200 $7,000

Top Neighborhoods Near Palm Beach

There are a total of 5 neighborhoods in or near Palm Beach. Some of these neighborhoods include North Palm Beach Village, North Palm Beach, and Cityplace. We've included all of these top 5 neighborhoods in or near Palm Beach, FL in the following table.

The average rent for these 5 neighborhoods in or near Palm Beach, FL is currently around $3,750 per month. A total of 5 neighborhoods have a lower average rent. Interestingly, the neighborhoods' average rent is less than Palm Beach's average rent, which is actually $11,250. Out of all the neighborhoods in or near Palm Beach, North Palm Beach Village has the most affordable average rent at $2,495 per month. Whereas, at $7,400 average rent per month, Kelsey City is the most expensive neighborhood in or near Palm Beach. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
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
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 Palm Beach

There are a total of 2 counties located by Palm Beach, FL. Some of these counties include West Palm Beach, FL and Riviera Beach, FL. The average rent for rentals in these counties is $2,950. That's roughly around $32 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is West Palm Beach, FL. Its average rent per month is $2,500. Vice versa, with an average rent of $3,400, Riviera Beach, FL is the most expensive county by Palm Beach, FL.

Typically, rent for studios in Palm Beach, FL is 47.92% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Palm Beach, FL is 53.21% more expensive than other counties nearby. Finally, rent for two bedrooms in Palm Beach, FL is 70.00% more expensive than other counties nearby. We've listed all of these counties in the table below.
County Studio 1 Bed 2 Bed All
West Palm Beach, FL $1,650 $1,650 $2,500 $2,500
Riviera Beach, FL $1,475 $2,000 $3,500 $3,400

Top Zipcodes Near Palm Beach

There are a total of 4 zipcodes in or near Palm Beach, FL. The average rent for all of these zipcodes is $2,600. A total of 4 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 33460, Lake Worth, FL at $2,000 per month. In comparison, the zipcode with the most expensive average rent of $2,703 per month is 33401, West Palm Beach, FL.

Studios in these zipcodes have an average rent of $1,649. That's at least $44 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Palm Beach, FL is $1,788 per month. Or in other words, $34 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,435 per month. Which comes out to $30 per sqft. The following table includes the top 4 zipcodes in 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
33460, Lake Worth, FL $1,625 $1,663 $2,300 $2,000
33435, Boynton Beach, FL N/A $1,825 $2,500 $2,700
33462, Boynton Beach-Delray Beach, FL $1,950 $1,750 $2,370 $2,500

Frequently Asked Questions - Palm Beach Average Rents

What is the average rent price in Palm Beach, FL?
The average monthly rental price for Palm Beach, FL apartments for rent is approximately $11,250. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 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 Palm Beach, FL.
How much is a studio apartment in Palm Beach, FL?
The average monthly rental price for studio apartments is $3,000 and an average price per square feet of $132.84. There are a total of 1 studio apartment listings currently available for rent in Palm Beach.
How much is a one bedroom apartment in Palm Beach, FL?
The average monthly rental price for one bedroom apartments is $3,900 and an average price per square feet of $56.15. There are a total of 33 one bedroom apartment listings currently available for rent in Palm Beach.
How much is a two bedroom apartment in Palm Beach, FL?
The average monthly rental price for two bedroom apartments is $10,000 and an average price per square feet of $93.10. There are a total of 69 two bedroom apartment listings currently available for rent in Palm Beach.
How have rent prices in Palm Beach, FL changed this year?
Rent prices for rentals in Palm Beach, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.52%, one bedroom rental prices have changed by -0.15%, two bedroom rental prices have changed by -0.39%, three bedroom rental prices have changed by -0.37% year-over-year.
What is a reasonable rent price in Palm Beach, FL?
A reasonable rent price in Palm Beach, FL is around $9,000/month. You can search for these reasonably priced rental listings on RentHop.
Quantcast