2560 South Ocean
2560 S Ocean Blvd,
Palm Beach, FL 33480
Studio - 2 Beds | $2,395 - $4,250
Rental Market Trends in Palm Beach, FL
What is the average rent in Palm Beach, FL?
$3,312/month
Average Rent
667 Sq Ft
Average Apartment Size
-0.3%
Decrease in the Last Year
Palm Beach, FL Rental Market Overview
The average rent in Palm Beach, FL is $3,312 per month. This is 99% higher than the national average rent price of $1,662/month, making Palm Beach one of the most expensive cities in the US.
- Studio apartments in Palm Beach average $2,996 per month.
- One-bedroom apartments in Palm Beach average $3,312 per month.
- Two-bedroom apartments in Palm Beach average $7,475 per month.
- Three-bedroom apartments in Palm Beach average $13,163 or more per month.
Data Updated: July 1, 2026
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
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Average Sq Ft
How much has average rent changed in Palm Beach, FL?
In the past year, rent has decreased by 0.3%, which averages out to $11 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2026
Legend
2025
2026
Rent Ranges in Palm Beach, FL
Last Updated July 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
9%
$1,001 - $1,500/month
9%
$1,501 - $2,000/month
82%
Above $2,000/month
What salary do I need to live comfortably in Palm Beach, FL?
Because the average rent in Palm Beach is $3,312, you’ll want to make about $11,040 per month or $132,480 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Palm Beach, FL compare to other nearby cities and neighborhoods?
Use the tool below to compare Palm Beach, FL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
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Frequently Asked Questions
What is the average rent in Palm Beach?
The average rent in Palm Beach is $3,312 per month, which is 99.3% higher than the national average of $1,662.
What is the average rent for a house in Palm Beach?
The average rent for a house in Palm Beach, FL is $27,800 per month.
What is the average rent for a condo in Palm Beach?
The average rent for a condo in Palm Beach, FL is $3,750 per month.
Are rents going up or down in Palm Beach?
Rents in Palm Beach, FL are decreasing, with prices down 0.3% year-over-year and $11 less per month.
What rent range is most common in Palm Beach?
In Palm Beach, FL, 82% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.