Average Rent in South Palm Beach, FL

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Current Versus Historical South Palm Beach, FL Rents

South Palm Beach rentals average $1,950 for a studio rental to $12,748 for a 4-bedroom rental. The median price of all currently available listings is $4,195, or roughly $43 per square feet.
For the apartment units and housing in June 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $177 (9.97%) year-over-year from $1,773 to $1,950. 1-bedroom rentals prices have decreased by $125 (-4.46%) year-over-year from $2,800 to $2,675. 2-bedroom rentals prices have increased by $1,417 (33.07%) year-over-year from $4,283 to $5,700. 3-bedroom rentals prices have increased by $4,500 (39.13%) year-over-year from $11,500 to $16,000. 4-bedroom rentals prices have decreased by $719 (-5.34%) year-over-year from $13,467 to $12,748. 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 up by 0.28% this month. 1-bedroom rents have gone up by 3.55% this month. 2-bedroom rents have gone up by 32.56% this month. 3-bedroom rents have gone down by 16.52% this month. 4-bedroom rents have gone down by 10.54% this month.
Beds
Price / Sqft
Jun 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $60.62 $1,950 $1,773 (9.97%) $1,605 (21.50%)
1 BR $35.85 $2,675 $2,800 (-4.46%) $2,533 (5.63%)
2 BR $43.01 $5,700 $4,283 (33.07%) $3,750 (52.00%)
3 BR $80.72 $16,000 $11,500 (39.13%) $16,111 (-0.69%)
4+ BR $69.70 $12,748 $13,467 (-5.34%) $15,410 (-17.28%)

Historical Rents in South Palm Beach, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

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Frequently Asked Questions - South Palm Beach Average Rents

What is the average rent price in South Palm Beach, FL?
The average monthly rental price for South Palm Beach, FL apartments for rent is approximately $4,195. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do South 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 South Palm Beach, FL.
How much is a studio apartment in South Palm Beach, FL?
The average monthly rental price for studio apartments is $1,950 and an average price per square feet of $60.62. There are a total of 1 studio apartment listings currently available for rent in South Palm Beach.
How much is a one bedroom apartment in South Palm Beach, FL?
The average monthly rental price for one bedroom apartments is $2,550 and an average price per square feet of $35.85. There are a total of 18 one bedroom apartment listings currently available for rent in South Palm Beach.
How much is a two bedroom apartment in South Palm Beach, FL?
The average monthly rental price for two bedroom apartments is $5,000 and an average price per square feet of $43.01. There are a total of 45 two bedroom apartment listings currently available for rent in South Palm Beach.
How have rent prices in South Palm Beach, FL changed this year?
Rent prices for rentals in South Palm Beach, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.10%, one bedroom rental prices have changed by -0.04%, two bedroom rental prices have changed by 0.33%, three bedroom rental prices have changed by 0.39% year-over-year.
What is a reasonable rent price in South Palm Beach, FL?
A reasonable rent price in South Palm Beach, FL is around $3,356/month. You can search for these reasonably priced rental listings on RentHop.
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