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Rental Market Trends in West Palm Beach, FL

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

$2,069/month

Average Rent

714 Sq Ft

Average Apartment Size

+2%

Increase in the Last Year

As of July 2025, the average rent in West Palm Beach, FL is $2,069 per month. This is 26% higher than the national average rent price of $1,637/month, making West Palm Beach one of the most expensive cities in the US. When you rent an apartment in West Palm Beach, you can expect to pay about $2,147 per month for a studio, $2,069 for a one-bedroom apartment, and around $2,372 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,950 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$2,147/month
604 Sq Ft
One Bedroom
$2,069/month
714 Sq Ft
Two Bedroom
$2,372/month
1,017 Sq Ft
Three Bedroom
$3,950/month
1,262 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$3,128/month
999 Sq Ft
Two Bedroom
$3,271/month
1,145 Sq Ft
Three Bedroom
$6,734/month
1,656 Sq Ft
Four Bedroom
$18,492/month
2,842 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,228/month
717 Sq Ft
Two Bedroom
$4,174/month
1,152 Sq Ft
Three Bedroom
$4,974/month
1,589 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,783/month
662 Sq Ft
Two Bedroom
$2,747/month
1,173 Sq Ft
Three Bedroom
$3,900/month
1,681 Sq Ft
Four Bedroom
$6,067/month
2,557 Sq Ft

How much has average rent changed in West Palm Beach, FL?

In the past year, rent has increased by 2%, which averages out to $41 more 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 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in West Palm Beach, FL
Last Updated July 2025
Above $2,000
Most rental prices fall within this range
Rent Ranges in West Palm Beach, FL
Percentage*
Rent Range
0% Below $700/month
8% $700 - $1,000/month
30% $1,001 - $1,500/month
23% $1,501 - $2,000/month
39% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in West Palm Beach?

Based on current rent prices, Windsor Condominiums, Andover Condominiums and Camden Condominiums are the most affordable neighborhoods in West Palm Beach.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Windsor Condominiums
$1,359/month
607 Sq Ft
Andover Condominiums
$1,359/month
631 Sq Ft
Camden Condominiums
$1,371/month
603 Sq Ft
Wellington Condominiums
$1,386/month
629 Sq Ft
Northampton Condominiums
$1,396/month
606 Sq Ft
Sussex Condominiums
$1,407/month
609 Sq Ft
Norwich Condominiums
$1,430/month
656 Sq Ft
Century Village Palm Beach
$1,435/month
638 Sq Ft
Dorchester Condominiums
$1,457/month
633 Sq Ft
Golden Lakes Village
$1,474/month
634 Sq Ft

What are the most expensive neighborhoods in West Palm Beach?

Based on current rent prices, Yacht Harbor Estates, Jefferson Park and Historic Prospect Park are the most expensive neighborhoods in West Palm Beach.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Yacht Harbor Estates
$3,785/month
849 Sq Ft
Jefferson Park
$3,637/month
917 Sq Ft
Historic Prospect Park
$3,388/month
764 Sq Ft
Vista Encanto
$3,235/month
772 Sq Ft
Fairfax Park
$3,206/month
777 Sq Ft
TOD District
$2,905/month
746 Sq Ft
Flagler-Waterfront District
$2,862/month
747 Sq Ft
Quadrille Garden District
$2,855/month
740 Sq Ft
Downtown West Palm Beach
$2,853/month
739 Sq Ft
Brelsford Park
$2,829/month
709 Sq Ft

Which West Palm Beach neighborhoods have the most rentals available?

The neighborhoods in West Palm Beach with the most apartments available are Downtown West Palm Beach, Quadrille Garden District and Flagler-Waterfront District .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown West Palm Beach
$2,853/month
739 Sq Ft
Quadrille Garden District
$2,855/month
740 Sq Ft
Flagler-Waterfront District
$2,862/month
747 Sq Ft
Industrial Chic District
$2,676/month
696 Sq Ft
Century Village Palm Beach
$1,435/month
638 Sq Ft
TOD District
$2,905/month
746 Sq Ft
Providencia Park
$2,825/month
708 Sq Ft
Loftin District
$2,825/month
708 Sq Ft
Brelsford Park
$2,829/month
709 Sq Ft
Northwest Neighborhood District
$2,666/month
710 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in West Palm Beach, FL?

Because the average rent in West Palm Beach is $2,069, you’ll want to make about $6,896 per month or $82,752 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.

City

West Palm Beach, FL

4,284 Available Apartments for Rent

Search for Nearby Apartments

How does West Palm Beach, FL compare to other nearby cities and neighborhoods?

Use the tool below to compare West 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.

Explore the Area Guide for West Palm Beach, FL

Apartment Averages

Windsor Condominiums

West Palm Beach, FL

Yacht Harbor Estates

West Palm Beach, FL

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
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-
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Nearby City Rent Trends

  • Riviera Beach Average Rent
  • Singer Island Average Rent
  • Lake Park Average Rent
  • Royal Palm Beach Average Rent

Apartment communities in West Palm Beach we think you'll love

Avery Lake Worth Beach

Avery Lake Worth Beach

3300 Boutwell Rd,
Lake Worth Beach, FL 33461

1-2 Beds | $2,210 - $3,175

Pine Ridge

Pine Ridge

6200 Wallis Rd,
West Palm Beach, FL 33413

1-2 Beds | $1,890 - $2,735

Tortoise One

Tortoise One

740-840 N Dixie Hwy,
West Palm Beach, FL 33401

Studio - 2 Beds | $2,399 - $3,790

Cameron Estates

Cameron Estates

1517 Cameron Samuel Ln,
West Palm Beach, FL 33401

1-3 Beds | $1,995 - $3,495

Property Management Companies in West Palm Beach, FL

Willow Bridge
Willow Bridge
  • 703

    Communities

  • 191,473

    Units

  • 328

    Cities

3 Communities in West Palm Beach
Gables Residential
Gables Residential
  • 90

    Communities

  • 23,814

    Units

  • 41

    Cities

3 Communities in West Palm Beach
Greystar
Greystar
  • 3,269

    Communities

  • 909,849

    Units

  • 844

    Cities

2 Communities in West Palm Beach
Cushman & Wakefield
Cushman & Wakefield
  • 542

    Communities

  • 127,028

    Units

  • 279

    Cities

2 Communities in West Palm Beach
Morgan Properties
Morgan Properties
  • 326

    Communities

  • 97,970

    Units

  • 199

    Cities

2 Communities in West Palm Beach
BH
BH
  • 336

    Communities

  • 94,355

    Units

  • 198

    Cities

2 Communities in West Palm Beach
Bozzuto
Bozzuto
  • 390

    Communities

  • 117,917

    Units

  • 156

    Cities

2 Communities in West Palm Beach
Harbor Group Management
Harbor Group Management
  • 165

    Communities

  • 50,195

    Units

  • 114

    Cities

2 Communities in West Palm Beach

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United States Florida West Palm Beach Rental Trends

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 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity