Average Rent in West Palm Beach, FL

Current Versus Historical West Palm Beach, FL Rents

West Palm Beach rentals average $2,025 for a studio rental to $9,000 for a 4-bedroom rental. The median price of all currently available listings is $3,000, or roughly $3 per square feet.

For the apartment units and housing in April 2024, median rents have risen over the last year. Studio rentals prices have decreased by $696 (-31.34%) year-over-year from $2,221 to $1,525. 1-bedroom rentals prices have increased by $158 (8.60%) year-over-year from $1,842 to $2,000. 2-bedroom rentals prices have increased by $354 (15.86%) year-over-year from $2,233 to $2,588. 3-bedroom rentals prices have increased by $608 (20.17%) year-over-year from $3,017 to $3,625. 4-bedroom rentals prices have decreased by $1,692 (-29.21%) year-over-year from $5,792 to $4,100. 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 2.14% this month. 1-bedroom rents have gone up by 10.09% this month. 2-bedroom rents have gone up by 8.38% this month. 3-bedroom rents have gone up by 14.78% this month. 4-bedroom rents have gone up by 0.41% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.65	$1,525	$2,221 (-31.34%)	$998 (52.75%)
1 BR	$3.05	$2,000	$1,842 (8.60%)	$1,299 (53.96%)
2 BR	$2.62	$2,588	$2,233 (15.86%)	$1,592 (62.57%)
3 BR	$2.83	$3,625	$3,017 (20.17%)	$2,074 (74.77%)
4+ BR	$3.68	$4,100	$5,792 (-29.21%)	$2,567 (59.74%)

Historical Rents in West Palm Beach, FL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near West Palm Beach

There are a total of 11 cities nearby West Palm Beach. The average rent in West Palm Beach is currently $4,200 per month. A total of 3 cities nearby have an average rent lower than that. Our records show that Lake Worth, FL, with an average rent of $2,300, is the most affordable city nearby. In contrast, the most expensive city near West Palm Beach, FL is Palm Beach, FL. Monthly rents here are on average $10,000 per month.

Let's compare West Palm Beach, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 8.88% more expensive. Two bedrooms in West Palm Beach, FL are about 0.84% more affordable. Finally, rent for three bedrooms are about 8.16% more expensive. Want more information? Check out the top 10 cities out of 11 total cities near West Palm Beach, FL in the following chart.

City	Studio	1 Bed	2 Bed	All
Lake Worth, FL	$1,625	$1,700	$2,500	$2,300
Greenacres, FL	N/A	$1,828	$2,266	$2,308
Jupiter, FL	$4,248	$2,200	$3,400	$3,600
The Acreage, FL	$750	$1,900	$2,500	$3,950
Palm Beach Gardens, FL	N/A	$2,300	$3,000	$4,200
Riviera Beach, FL	N/A	$3,000	$4,625	$4,500
Wellington, FL	$13,250	$2,000	$2,750	$4,500
South Palm Beach, FL	N/A	$2,950	$4,600	$4,500
Juno Beach, FL	N/A	N/A	$3,750	$4,525
Palm Beach, FL	N/A	$3,225	$9,500	$10,000

Top Neighborhoods Near West Palm Beach

There are a total of 5 neighborhoods in or near West Palm Beach. Some of these neighborhoods include Century Village, Palm Beach Polo and Country Club, and North Palm Beach. We've included all of these top 5 neighborhoods in or near West Palm Beach, FL in the following chart.

The average rent for these 5 neighborhoods in or near West Palm Beach, FL is currently around $3,700 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only three neighborhoods have a higher average rent than $3,700. Interestingly, the neighborhoods' average rent is higher than West Palm Beach's average rent, which is only $3,000. Out of all the neighborhoods in or near West Palm Beach, Century Village has the most affordable average rent at $1,550 per month. Whereas, at $4,900 average rent per month, The Bluffs is the most expensive neighborhood in or near West 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	$1,650	$1,550
Palm Beach Polo and Country Club, Wellington, FL	N/A	$2,000	$2,400	$3,000
North Palm Beach, West Palm Beach, FL	N/A	$2,919	$3,273	$3,700
PGA Resort Community, Palm Beach Gardens, FL	N/A	$2,025	$3,200	$4,000
The Bluffs, Jupiter, FL	$3,500	N/A	$3,675	$4,900

Top Counties Near West Palm Beach

There are a total of 5 counties located by West Palm Beach, FL. Some of these counties include Lake Worth, FL, Boynton Beach-Delray Beach, FL, and West Palm Beach, FL. The average rent for rentals in these counties is $3,650. That's roughly around $2 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is Lake Worth, FL. It's average rent per month is $2,500. Vice versa, with an average rent of $4,000, Jupiter, FL is the most expensive county by West Palm Beach, FL.

Typically, rent for studios in West Palm Beach, FL is on par with the other counties nearby. In comparison, rent for one bedroom listings in West Palm Beach, FL is 11.16% more expensive than other counties nearby. Finally, rent for two bedrooms in West Palm Beach, FL is 12.61% more expensive than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Lake Worth, FL	$1,625	$1,795	$2,450	$2,500
Boynton Beach-Delray Beach, FL	$2,830	$1,950	$2,500	$2,900
West Palm Beach, FL	$2,025	$1,950	$2,975	$2,950
Royal Palm Beach-West Jupiter, FL	$850	$1,925	$2,600	$3,650
Riviera Beach, FL	$1,600	$2,300	$3,750	$3,750
Sunshine Parkway, FL	$13,250	$1,750	$2,400	$3,900
Jupiter, FL	$3,500	$2,200	$3,300	$4,000

Top Zipcodes Near West Palm Beach

There are a total of 22 zipcodes in or near West Palm Beach, FL. The average rent for all of these zipcodes is $3,575. A total of 8 zipcodes have a 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 $1,649 per month. In comparison, the zipcode with the most expensive average rent of $8,500 per month is 33480, Palm Beach, FL.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near West Palm Beach, FL is $2,150 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,850 per month. Which comes out to $3 per sqft. The following chart includes the top 10 zipcodes in West 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	$18,500	$2,000	$2,700	$4,250
33401, West Palm Beach, FL	N/A	$2,375	$3,500	$3,363
33477, Jupiter, FL	$4,248	$2,250	$3,500	$3,500
33418, Palm Beach Gardens, FL	N/A	$2,200	$3,000	$4,500
33480, Palm Beach, FL	N/A	$3,000	$8,500	$8,500
33404, Riviera Beach, FL	$1,600	$2,950	$4,500	$4,500
33407, West Palm Beach, FL	$2,249	$2,300	$2,750	$2,959
33435, Boynton Beach, FL	N/A	$2,000	$2,500	$2,508
33408, North Palm Beach, FL	N/A	$2,000	$3,325	$4,000
33411, Royal Palm Beach, FL	$750	$1,825	$2,200	$2,600

Frequently Asked Questions - West Palm Beach Average Rents

What is the average rent price in West Palm Beach, FL?

The average monthly rental price for West Palm Beach, FL apartments for rent is approximately $3,000. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 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 West Palm Beach, FL.

How much is a studio apartment in West Palm Beach, FL?

The average monthly rental price for studio apartments is $2,025 and an average price per square feet of $2.65. There are a total of 4 studio apartment listings currently available for rent in West Palm Beach.

How much is a one bedroom apartment in West Palm Beach, FL?

The average monthly rental price for one bedroom apartments is $2,195 and an average price per square feet of $3.05. There are a total of 96 one bedroom apartment listings currently available for rent in West Palm Beach.

How much is a two bedroom apartment in West Palm Beach, FL?

The average monthly rental price for two bedroom apartments is $2,975 and an average price per square feet of $2.62. There are a total of 243 two bedroom apartment listings currently available for rent in West Palm Beach.

How have rent prices in West Palm Beach, FL changed this year?

Rent prices for rentals in West Palm Beach, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.31%, one bedroom rental prices have changed by 0.09%, two bedroom rental prices have changed by 0.16%, and three bedroom rental prices have changed by 0.20% year-over-year.

What is a reasonable rent price in West Palm Beach, FL?

A reasonable rent price in West Palm Beach, FL is around $2,400/month. You can search for these reasonably priced rental listings on RentHop.