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Rental Market Trends in West Palm Beach, FL

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

$2,108/month

Average Rent

703 Sq Ft

Average Apartment Size

+3.2%

Increase in the Last Year

As of December 2025, the average rent in West Palm Beach, FL is $2,108 per month. This is 29% higher than the national average rent price of $1,631/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 $2,225 per month for a studio, $2,108 for a one-bedroom apartment, and around $2,386 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,960 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$2,225/month
602 Sq Ft
One Bedroom
$2,108/month
703 Sq Ft
Two Bedroom
$2,386/month
1,012 Sq Ft
Three Bedroom
$3,960/month
1,264 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,000/month
773 Sq Ft
Two Bedroom
$3,229/month
1,168 Sq Ft
Three Bedroom
$6,606/month
1,625 Sq Ft
Four Bedroom
$14,146/month
2,655 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,181/month
698 Sq Ft
Two Bedroom
$3,824/month
1,159 Sq Ft
Three Bedroom
$4,565/month
1,494 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,702/month
623 Sq Ft
Two Bedroom
$2,760/month
1,175 Sq Ft
Three Bedroom
$4,105/month
1,608 Sq Ft
Four Bedroom
$10,360/month
2,175 Sq Ft

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

In the past year, rent has increased by 3.2%, which averages out to $67 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 December 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in West Palm Beach, FL
Last Updated December 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
9% $700 - $1,000/month
28% $1,001 - $1,500/month
23% $1,501 - $2,000/month
40% 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, Norwich Condominiums, Sussex Condominiums and Northampton Condominiums are the most affordable neighborhoods in West Palm Beach.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Norwich Condominiums
$1,425/month
668 Sq Ft
Sussex Condominiums
$1,434/month
602 Sq Ft
Northampton Condominiums
$1,452/month
611 Sq Ft
Dorchester Condominiums
$1,461/month
625 Sq Ft
Sheffield Condominiums
$1,466/month
636 Sq Ft
Century Village Palm Beach
$1,483/month
652 Sq Ft
Camden Condominiums
$1,515/month
630 Sq Ft
Cresthaven
$1,520/month
666 Sq Ft
Tennis Club of Palm Beach
$1,520/month
718 Sq Ft
Wellington Condominiums
$1,557/month
645 Sq Ft

What are the most expensive neighborhoods in West Palm Beach?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Jefferson Park
$4,035/month
970 Sq Ft
Historic Prospect Park
$3,356/month
765 Sq Ft
Vista Encanto
$3,182/month
776 Sq Ft
Quadrille Garden District
$3,121/month
744 Sq Ft
Downtown West Palm Beach
$3,116/month
742 Sq Ft
North Palm Beach
$3,027/month
794 Sq Ft
Flagler-Waterfront District
$3,026/month
743 Sq Ft
Loftin District
$2,725/month
701 Sq Ft
Providencia Park
$2,715/month
705 Sq Ft
Industrial Chic District
$2,644/month
693 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 Century Village Palm Beach .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown West Palm Beach
$3,116/month
742 Sq Ft
Quadrille Garden District
$3,121/month
744 Sq Ft
Century Village Palm Beach
$1,483/month
652 Sq Ft
Flagler-Waterfront District
$3,026/month
743 Sq Ft
Northwood
$2,126/month
602 Sq Ft
Pleasant City
$2,208/month
600 Sq Ft
Industrial Chic District
$2,644/month
693 Sq Ft
Providencia Park
$2,715/month
705 Sq Ft
Loftin District
$2,725/month
701 Sq Ft
Garden Lake
$1,823/month
712 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 $2,108, you’ll want to make about $7,026 per month or $84,312 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

4,192 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

Norwich Condominiums

West Palm Beach, FL

Jefferson Park

West Palm Beach, FL

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
Search

Nearby City Rent Trends

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

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

Tortoise One

Tortoise One

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

$2,399 - $3,700

Studio - 2 Beds

Avery Lake Worth Beach

Avery Lake Worth Beach

3300 Boutwell Rd,
Lake Worth Beach, FL 33461

$1,870 - $2,520

1-2 Beds

Lumaire West Palm Beach

Lumaire West Palm Beach

201 Clearwater Dr,
West Palm Beach, FL 33401

$2,520 - $5,040

1-3 Beds

Cameron Estates

Cameron Estates

1517 Cameron Samuel Ln,
West Palm Beach, FL 33401

$1,995 - $3,495

1-3 Beds

Property Management Companies in West Palm Beach, FL

Greystar
Greystar
  • 3,449

    Communities

  • 950,978

    Units

  • 876

    Cities

3 Communities in West Palm Beach
Willow Bridge
Willow Bridge
  • 717

    Communities

  • 198,224

    Units

  • 338

    Cities

3 Communities in West Palm Beach
Morgan Properties
Morgan Properties
  • 389

    Communities

  • 106,118

    Units

  • 239

    Cities

3 Communities in West Palm Beach
Harbor Group Management
Harbor Group Management
  • 189

    Communities

  • 54,520

    Units

  • 132

    Cities

3 Communities in West Palm Beach
Gables Residential
Gables Residential
  • 87

    Communities

  • 22,952

    Units

  • 39

    Cities

3 Communities in West Palm Beach
Crown Residential
Crown Residential
  • 17

    Communities

  • 4,153

    Units

  • 12

    Cities

3 Communities in West Palm Beach
Cushman & Wakefield
Cushman & Wakefield
  • 502

    Communities

  • 115,962

    Units

  • 253

    Cities

2 Communities in West Palm Beach
Pretium Partners, LLC
Pretium Partners, LLC
  • 305

    Communities

  • 87,651

    Units

  • 177

    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 November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity