- Florida
- West Palm Beach
- Renter Market Trends
Rental market trends in West Palm Beach, FL
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Average Apartment Cost in West Palm Beach, FL
Apartment Rent Ranges in West Palm Beach, FL
| Apartment Prices | Proportion | |||
|---|---|---|---|---|
0% | 0% | 4% | 22% | 74% |
Neighborhood Apartment Rent Trends in West Palm Beach, FL
| Neighborhood | Studio Avg Rent | Annual Change |
|---|---|---|
| Loftin District | $3,126 | -- |
| Northwood Harbor | $2,495 | -- |
| Bethesda Park | $2,400 | -- |
| Northwood Pines | $2,000 | -- |
| Downtown West Palm Beach | $1,965 | -2% |
| Quadrille Garden District | $1,965 | -2% |
| Southend | $1,942 | 0% |
| Grandview Heights | $1,600 | -- |
| Northwood Hills | $1,495 | -- |
| Flamingo Park | $1,300 | -- |
| Sunshine Park | $1,300 | -- |
| Central Park | $1,250 | -11% |
| Roosevelt Estates | $1,250 | -- |
| Neighborhood | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Loftin District | $3,020 | -- |
| Northwood Gardens | $2,950 | -- |
| Quadrille Garden District | $2,625 | -2% |
| Flamingo Park | $2,600 | +30% |
| Flagler-Waterfront District | $2,450 | -2% |
| Bethesda Park | $2,400 | -- |
| Downtown West Palm Beach | $2,392 | -9% |
| Southend | $2,372 | -3% |
| Southland Park | $2,300 | +53% |
| Grandview Heights | $2,250 | +25% |
| Golden Lakes | $2,040 | -- |
| The Villages of Palm Beach Lakes | $2,030 | -9% |
| Ibis Golf and Country Club | $1,990 | -- |
| Clearlake District | $1,975 | -- |
| Northwood Harbor | $1,800 | -4% |
| Lakeside Green | $1,761 | -- |
| Northwood Hills | $1,725 | -- |
| Central Park | $1,700 | 0% |
| Emerald Dunes | $1,700 | -- |
| Dreher Park | $1,700 | -- |
| Palm Beach Lakes South | $1,600 | +7% |
| South End | $1,500 | -- |
| El Cid | $1,500 | -- |
| Northwood Legacy | $1,500 | -- |
| Estates of South Palm Beach | $1,500 | -- |
| Coleman Park | $1,200 | -- |
| Pleasant City | $1,034 | -- |
| Neighborhood | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Loftin District | $3,950 | -- |
| Northwood Gardens | $3,700 | -- |
| Quadrille Garden District | $3,591 | -11% |
| Grandview Heights | $3,500 | +63% |
| Flagler-Waterfront District | $3,395 | -- |
| Downtown West Palm Beach | $3,057 | -10% |
| Southend | $3,057 | -7% |
| Dreher Park | $2,550 | -- |
| Golden Lakes | $2,533 | -- |
| Central Park | $2,500 | -9% |
| The Villages of Palm Beach Lakes | $2,460 | -13% |
| Village of Sandalwood Lakes | $2,450 | -11% |
| Ibis Golf and Country Club | $2,358 | -- |
| Northwood Harbor | $2,300 | -2% |
| Northwood Hills | $2,265 | -- |
| Century Village | $2,000 | -- |
| Lakeside Green | $1,999 | -- |
| Briar Bay | $1,950 | -- |
| Palm Beach Lakes South | $1,800 | +6% |
| Northwood Legacy | $1,800 | -- |
| Pleasant City | $1,234 | -- |
How Other Cities Compare to West Palm Beach, FL
| City | Studio Avg Rent | Annual Change |
|---|---|---|
| Boca Raton | $2,351 | +17% |
| Pompano Beach | $2,099 | +27% |
| Port Saint Lucie | $2,082 | +16% |
| Fort Lauderdale | $2,014 | +4% |
| Delray Beach | $2,000 | +45% |
| Tamarac | $2,000 | +17% |
| Hollywood | $1,972 | +23% |
| Plantation | $1,825 | -2% |
| Lake Worth | $1,800 | +5% |
| Davie | $1,649 | 0% |
| Sunrise | $1,600 | -- |
| Jupiter | $1,550 | -- |
| Boynton Beach | $1,550 | -- |
| Wellington | $1,500 | -- |
| Oakland Park | $1,350 | +13% |
| Coral Springs | $1,325 | -- |
| City | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Palm Beach Gardens | $2,887 | +11% |
| Boca Raton | $2,664 | +16% |
| Wellington | $2,655 | -17% |
| Weston | $2,416 | -13% |
| Jupiter | $2,389 | -11% |
| Port Saint Lucie | $2,377 | +23% |
| Coconut Creek | $2,329 | +23% |
| Plantation | $2,297 | -2% |
| Delray Beach | $2,285 | 0% |
| Fort Lauderdale | $2,252 | +9% |
| Davie | $2,223 | +14% |
| Coral Springs | $2,167 | +10% |
| Pompano Beach | $2,110 | +15% |
| Boynton Beach | $2,008 | -5% |
| Lake Worth | $1,950 | +8% |
| Sunrise | $1,942 | -3% |
| Oakland Park | $1,800 | -1% |
| Hollywood | $1,725 | -7% |
| Tamarac | $1,705 | +14% |
| City | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Boca Raton | $3,260 | +9% |
| Palm Beach Gardens | $3,008 | +6% |
| Fort Lauderdale | $2,998 | +4% |
| Jupiter | $2,990 | -11% |
| Wellington | $2,937 | -27% |
| Hollywood | $2,737 | +13% |
| Port Saint Lucie | $2,605 | +9% |
| Plantation | $2,599 | -4% |
| Coconut Creek | $2,584 | -2% |
| Pompano Beach | $2,525 | +6% |
| Weston | $2,525 | -17% |
| Davie | $2,509 | -9% |
| Boynton Beach | $2,493 | -3% |
| Delray Beach | $2,441 | -10% |
| Sunrise | $2,439 | -2% |
| Coral Springs | $2,407 | -6% |
| Lake Worth | $2,356 | +3% |
| Oakland Park | $2,078 | -2% |
| Tamarac | $1,993 | +4% |
West Palm Beach, FL Rent Trends
| Studio | 1 Bed | 2 Beds | ||||||||||
| Oct 2023 | Nov 2023 | Dec 2023 | Jan 2024 | Feb 2024 | Mar 2024 | Apr 2024 | May 2024 | Jun 2024 | Jul 2024 | Aug 2024 | Sep 2024 | Oct 2024 |
| $2030 | $2160 | $2210 | $2260 | $2277 | $2230 | $2172 | $2087 | $2247 | $2074 | $2037 | $1945 | $1945 |
| $2466 | $2507 | $2507 | $2775 | $2655 | $2884 | $2841 | $2744 | $2827 | $2597 | $2298 | $2307 | $2307 |
| $2647 | $3562 | $3247 | $3247 | $3238 | $3552 | $3625 | $3442 | $3649 | $3222 | $2671 | $2605 | $2605 |
| $3134 | $3134 | $3155 | $3175 | $3165 | $3180 | $3087 | $2993 | $3045 | $3097 | $3160 | $3075 | $3075 |
Neighborhood Information for West Palm Beach, FL
What are the most affordable neighborhoods in West Palm Beach, FL?
The most affordable neighborhoods in West Palm Beach are Pleasant City, where the average 1-bedroom apartment rent goes for $1,034, Coleman Park, where renters pay $1,200 on average for a 1-bedroom apartment, and South End, where the average 1-bedroom apartment rent goes for $1,500. If you're looking for other great deals, check out the listings in El Cid ($1,500 for a 1-bedroom apartment) or Northwood Legacy ($1,500 for a 1-bedroom apartment), compared to the $2,305 average for an West Palm Beach 1-bedroom apartment.
What are the most expensive neighborhoods in West Palm Beach, FL?
The most expensive neighborhoods in West Palm Beach are Loftin District, where the average rent for a 1-bedroom apartment is just $3,020. offering similar apartments at an average of Northwood Gardens, $2,950, and Quadrille Garden District, $2,625. For additional value-for-money options, consider Flamingo Park ($2,600 for a 1-bedroom apartment) or Flagler-Waterfront District ($2,450 for a 1-bedroom apartment). These prices represent a significant saving when compared to the West Palm Beach average for a 1-bedroom apartment, which stands at $2,305.
What are the most popular neighborhoods in West Palm Beach, FL?
The most popular neighborhoods in West Palm Beach are Northwood Hills, where the average 1-bedroom apartment rent goes for $1,725, Coleman Park, where renters pay $1,200 on average for a 1-bedroom apartment, and Northwood Gardens, where the average 1-bedroom apartment rent goes for $2,950. If you're looking for other popular neighborhoods, check out the listings in Northwood Legacy ($1,500 for a 1-bedroom apartment) or Pleasant City ($1,034 for a 1-bedroom apartment), compared to the $2,305 average for an West Palm Beach 1-bedroom apartment.
