Average Rent in Royal Palm Beach, FL

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Current Versus Historical Royal Palm Beach, FL Rents

Royal Palm Beach rentals average $0 for a 1-bedroom rental to $4,000 for a 4-bedroom rental. The median price of all currently available listings is $2,750, or roughly $2 per square feet.
For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $234,239 (-99.99%) year-over-year from $234,269 to $30. 1-bedroom rentals prices have increased by $290 (14.99%) year-over-year from $1,932 to $2,222. 2-bedroom rentals prices have increased by $8 (0.39%) year-over-year from $2,142 to $2,150. 3-bedroom rentals prices have increased by $533 (17.98%) year-over-year from $2,967 to $3,500. 4-bedroom rentals prices have increased by $67 (1.72%) year-over-year from $3,883 to $3,950. 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 0.00% this month. 1-bedroom rents have gone up by 4.25% this month. 2-bedroom rents have gone down by 9.15% this month. 3-bedroom rents have gone up by 13.21% this month. 4-bedroom rents have gone up by 0.42% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
2 BR $1.81 $2,150 $2,142 (0.39%) $1,935 (11.14%)
3 BR $1.81 $3,500 $2,967 (17.98%) $2,225 (57.32%)
4+ BR $1.63 $3,950 $3,883 (1.72%) $3,225 (22.48%)

Historical Rents in Royal Palm Beach, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Royal Palm Beach

There are a total of 4 cities nearby Royal Palm Beach. The average rent in Royal Palm Beach is currently $3,600 per month. Only one city nearby has an average rent lower than that. Our records show that Greenacres, FL, with an average rent of $2,300, is the most affordable city nearby. In contrast, the most expensive city near Royal Palm Beach, FL is Wellington, FL. Monthly rents here are on average $4,350 per month.

Let's compare Royal Palm Beach, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in Royal Palm Beach, FL is inf% more affordable than other cities nearby. One bedrooms are about inf% more affordable. Two bedrooms in Royal Palm Beach, FL are about 19.77% more affordable. Finally, rent for three bedrooms are about 12.50% more affordable. Want more information? Check out the top 4 cities near Royal Palm Beach, FL in the following chart.
City Studio 1 Bed 2 Bed All
Greenacres, FL N/A $1,740 $2,200 $2,300
West Palm Beach, FL $2,249 $2,300 $2,950 $3,000
The Acreage, FL N/A $1,750 $2,500 $4,200
Wellington, FL $8,000 $2,000 $2,650 $4,350

Top Neighborhoods Near Royal Palm Beach

There are a total of 2 neighborhoods in or near Royal Palm Beach. We've included all of these top 2 neighborhoods in or near Royal Palm Beach, FL in the following chart.

The average rent for these 2 neighborhoods in or near Royal Palm Beach, FL is currently around $2,275 per month. A total of one neighborhood has a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Out of all the neighborhoods in or near Royal Palm Beach, Century Village has the most affordable average rent at $1,550 per month. Whereas, at $3,000 average rent per month, Palm Beach Polo and Country Club is the most expensive neighborhood in or near Royal Palm Beach. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Century Village, West Palm Beach, FL N/A $1,500 $1,663 $1,550
Palm Beach Polo and Country Club, Wellington, FL N/A $2,000 $2,400 $3,000

Top Counties Near Royal Palm Beach

There are a total of 2 counties located by Royal Palm Beach, FL.

We've listed the top 0 counties in the chart below.
County Studio 1 Bed 2 Bed All

Top Zipcodes Near Royal Palm Beach

There are a total of 3 zipcodes in or near Royal Palm Beach, FL. The average rent for all of these zipcodes is $2,600. A total of 2 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 33413, Lake Worth, FL at $2,424 per month. In comparison, the zipcode with the most expensive average rent of $4,200 per month is 33414, Wellington, FL.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Royal Palm Beach, FL is $1,850 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,284 per month. Which comes out to $2 per sqft. The following chart includes the top 3 zipcodes in Royal 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 $13,250 $2,100 $2,600 $4,200
33411, Royal Palm Beach, FL N/A $1,850 $2,150 $2,600
33413, Lake Worth, FL N/A $1,740 $2,284 $2,424

Frequently Asked Questions - Royal Palm Beach Average Rents

What is the average rent price in Royal Palm Beach, FL?
The average monthly rental price for Royal Palm Beach, FL apartments for rent is approximately $2,750. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Royal 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 Royal Palm Beach, FL.
How much is a studio apartment in Royal 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 0 studio apartment listings currently available for rent in Royal Palm Beach.
How much is a one bedroom apartment in Royal Palm Beach, FL?
The average monthly rental price for one bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 1 one bedroom apartment listings currently available for rent in Royal Palm Beach.
How much is a two bedroom apartment in Royal Palm Beach, FL?
The average monthly rental price for two bedroom apartments is $2,150 and an average price per square feet of $1.81. There are a total of 19 two bedroom apartment listings currently available for rent in Royal Palm Beach.
How have rent prices in Royal Palm Beach, FL changed this year?
Rent prices for rentals in Royal Palm Beach, FL can fluctuate yearly. Specifically, studio rental prices have changed by -1.00%, one bedroom rental prices have changed by 0.15%, two bedroom rental prices have changed by 0.00%, and three bedroom rental prices have changed by 0.18% year-over-year.
What is a reasonable rent price in Royal Palm Beach, FL?
A reasonable rent price in Royal Palm Beach, FL is around $2,200/month. You can search for these reasonably priced rental listings on RentHop.
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