Average Rent in West Palm Beach, FL

West Palm Beach rentals average $1,775 for a studio rental to $3,900 for a 4-bedroom rental. The median price of all currently available listings is $2,200, or roughly $2 per square feet.

For the apartment units and housing in July 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $275 (-15.07%) year-over-year from $1,825 to $1,550. 1-bedroom rentals prices have increased by $6 (0.36%) year-over-year from $1,769 to $1,775. 2-bedroom rentals prices have decreased by $298 (-12.98%) year-over-year from $2,298 to $2,000. 3-bedroom rentals prices have decreased by $766 (-23.45%) year-over-year from $3,266 to $2,500. 4-bedroom rentals prices have decreased by $592 (-13.40%) year-over-year from $4,417 to $3,825. 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 11.85% this month. 1-bedroom rents have gone down by 6.13% this month. 2-bedroom rents have gone down by 10.78% this month. 3-bedroom rents have gone down by 21.40% this month. 4-bedroom rents have gone down by 10.53% this month.