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Rental Market Trends in West Palm Beach, FL

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

$2,131/month

Average Rent

708 Sq Ft

Average Apartment Size

+3.7%

Increase in the Last Year

As of April 2026, the average rent in West Palm Beach, FL is $2,131 per month. This is 30% higher than the national average rent price of $1,641/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 $2,291 per month for a studio, $2,131 for a one-bedroom apartment, and around $2,428 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,938 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$2,291/month
588 Sq Ft
One Bedroom
$2,131/month
708 Sq Ft
Two Bedroom
$2,428/month
1,025 Sq Ft
Three Bedroom
$3,938/month
1,363 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,776/month
574 Sq Ft
Two Bedroom
$3,803/month
1,229 Sq Ft
Three Bedroom
$5,109/month
1,579 Sq Ft
Four Bedroom
$8,249/month
2,514 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,954/month
704 Sq Ft
Two Bedroom
$2,870/month
1,069 Sq Ft
Three Bedroom
$3,652/month
1,437 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,911/month
788 Sq Ft
Two Bedroom
$2,717/month
1,232 Sq Ft
Three Bedroom
$3,744/month
1,456 Sq Ft
Four Bedroom
$2,949/month
1,881 Sq Ft

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

In the past year, rent has increased by 3.7%, which averages out to $79 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in West Palm Beach, FL
Last Updated April 2026
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
25% $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, Century Village Palm Beach, Golden Lakes and Oakton Lakes are the most affordable neighborhoods in West Palm Beach.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Century Village Palm Beach
$1,418/month
645 Sq Ft
Golden Lakes
$1,749/month
684 Sq Ft
Oakton Lakes
$1,789/month
753 Sq Ft
The President Country Club
$1,992/month
744 Sq Ft
Pleasant City
$2,183/month
611 Sq Ft
Northwood
$2,205/month
626 Sq Ft
Downtown West Palm Beach
$3,146/month
740 Sq Ft
Flagler-Waterfront District
$3,178/month
754 Sq Ft
North Palm Beach
$3,437/month
871 Sq Ft

What are the most expensive neighborhoods in West Palm Beach?

Based on current rent prices, North Palm Beach, Flagler-Waterfront District and Downtown West Palm Beach are the most expensive neighborhoods in West Palm Beach.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
North Palm Beach
$3,437/month
871 Sq Ft
Flagler-Waterfront District
$3,178/month
754 Sq Ft
Downtown West Palm Beach
$3,146/month
740 Sq Ft
Northwood
$2,205/month
626 Sq Ft
Pleasant City
$2,183/month
611 Sq Ft
The President Country Club
$1,992/month
744 Sq Ft
Oakton Lakes
$1,789/month
753 Sq Ft
Golden Lakes
$1,749/month
684 Sq Ft
Century Village Palm Beach
$1,418/month
645 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, Northwood and Pleasant City .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown West Palm Beach
$3,146/month
740 Sq Ft
Northwood
$2,205/month
626 Sq Ft
Pleasant City
$2,183/month
611 Sq Ft
Flagler-Waterfront District
$3,178/month
754 Sq Ft
Century Village Palm Beach
$1,418/month
645 Sq Ft
Golden Lakes
$1,749/month
684 Sq Ft
North Palm Beach
$3,437/month
871 Sq Ft
The President Country Club
$1,992/month
744 Sq Ft
Oakton Lakes
$1,789/month
753 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 $2,131, you’ll want to make about $7,103 per month or $85,236 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

3,684 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

Century Village Palm Beach

West Palm Beach, FL

North Palm Beach

West Palm Beach, FL

Studio
-
$1,352/month
One Bedroom
-
$3,158/month
Two Bedroom
-
$4,048/month
Three Bedroom
-
$18,632/month
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Nearby City Rent Trends

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

$2,500 - $3,200

Studio - 2 Beds

Atlantico at Royal Palm Beach

Atlantico at Royal Palm Beach

11200 Hermosa st,
Royal Palm Beach, FL 33414

$2,303 - $4,358

1-3 Beds

Wellington Vista

Wellington Vista

8300 Garden Catalina Cir,
Lake Worth, FL 33467

$2,455 - $3,908

2-3 Beds

Avery Lake Worth Beach

Avery Lake Worth Beach

3300 Boutwell Rd,
Lake Worth Beach, FL 33461

$1,870 - $2,520

1-2 Beds

Property Management Companies in West Palm Beach, FL

Pentaurus Properties
Pentaurus Properties
  • 20

    Communities

  • 1,249

    Units

  • 13

    Cities

6 Communities in West Palm Beach
Cushman & Wakefield
Cushman & Wakefield
  • 458

    Communities

  • 108,906

    Units

  • 227

    Cities

4 Communities in West Palm Beach
Harbor Group Management
Harbor Group Management
  • 185

    Communities

  • 54,145

    Units

  • 135

    Cities

4 Communities in West Palm Beach
Pantzer Properties
Pantzer Properties
  • 31

    Communities

  • 8,913

    Units

  • 28

    Cities

4 Communities in West Palm Beach
Greystar
Greystar
  • 3,486

    Communities

  • 959,009

    Units

  • 891

    Cities

3 Communities in West Palm Beach
Willow Bridge
Willow Bridge
  • 716

    Communities

  • 197,852

    Units

  • 340

    Cities

3 Communities in West Palm Beach
Morgan Properties
Morgan Properties
  • 391

    Communities

  • 108,355

    Units

  • 238

    Cities

3 Communities in West Palm Beach
Bozzuto
Bozzuto
  • 386

    Communities

  • 118,848

    Units

  • 157

    Cities

3 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 February 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.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity