Find Homes & Apartments for Rent in Palm Beach, FL

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What to Know About

Living in Palm Beach, FL

West Palm Beach is a charming coastal city along the Atlantic coast and features year-round warm weather ideal for beach lovers. The vibrant downtown scene includes the Kravis Center for the Performing Arts, the Norton Museum of Art, and the Clematis Street Historic District. The city is also home to Palm Beach Atlantic University, one of the nation's top-ranked Christian colleges, and Lynn University, a highly respected private institution. Vital healthcare, education, and retail sectors anchor the city's economy, providing many job opportunities.

Outdoor enthusiasts can enjoy the city's many beautiful beaches, such as Palm Beach and Lake Worth Beach, and explore the Grassy Waters Nature Preserve, Okeeheelee Park, or nearby Palm Beach Zoo. The city's diverse food scene, with fresh seafood and international cuisine options catering to all tastes. West Palm Beach offers endless entertainment options through various events, including the SunFest Music Festival and the Palm Beach International Boat Show, drawing visitors from all over the world.

West Palm Beach offers a high quality of life with excellent schools, thriving nightlife, and great outdoor activities, making it a great place to live.

Rental Market Trends

Palm Beach, FL

As of March 2025, Palm Beach's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Palm Beach's average rent is 537.3% ($11,601) higher than the Florida average of $2,159 and 669.6% ($11,972) higher than the U.S. average of $1,788.

Average Rent
$13,760
Monthly ChangeMonth Over Month Change
Decreased4.6% ($671)
Yearly ChangeYear Over Year Change
Increased82.6% ($6223)
Avg. Days on MarketAverage Days on Market
39
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $13,410 Increased7.2% ($902) Increased110.5% ($7039)
2 Beds $15,560 Increased7.8% ($1129) Increased111.7% ($8210)
3 Beds $18,596 Increased7% ($1214) Increased110.1% ($9743)
Nearby Cities Average Rent Avg. Rent vs. Palm BeachAverage Rent vs. Palm Beach Avg. Days on MarketAverage Days on Market
Lake Worth Beach $2,136 Decreased84.5% ($11624) 36 days
West Palm Beach $2,189 Decreased84.1% ($11571) 33 days
Lake Worth $2,484 Decreased81.9% ($11276) 37 days
Boynton Beach $2,898 Decreased78.9% ($10862) 37 days
North Palm Beach $2,708 Decreased80.3% ($11052) 36 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Palm Beach Rental Market FAQs

Explore rental prices, market trends, and availability in Palm Beach, FL.

The average rent in Palm Beach, FL is $13,760 per month.
Homes in Palm Beach typically rent for between $9,387 and $24,175 per month, with an average of $13,760 per month.
In Palm Beach, the average rent for a 1-bedroom home is $13,410 per month, for a 2-bedroom home, $15,560 per month, and a 3-bedroom home is $18,596 per month.
The average rent in Palm Beach is 669.6% ($11,972) higher than the national average of $1,788 per month.
The average rent in Palm Beach has decreased by 4.6% ($671) in the last month and increased by 82.6% ($6,223) over the past year.
The rental market in Palm Beach, FL, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Palm Beach, FL, the average rental stays on the market for approximately 39 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 3 rental properties available in Palm Beach, FL.
Based on the current averages, a household would need an annual income of $622,400 to comfortably afford a 2-bedroom home in Palm Beach.
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