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 June 2026, 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 49.9% ($1,047) higher than the Florida average of $2,100 and 75.1% ($1,350) higher than the U.S. average of $1,797.

Average Rent
$3,147
Monthly ChangeMonth Over Month Change
Decreased3% ($96)
Yearly ChangeYear Over Year Change
Decreased78.5% ($11483)
Avg. Days on MarketAverage Days on Market
39
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $3,126 Decreased1.1% ($35) Decreased77.3% ($10627)
2 Beds $3,849 Increased0.4% ($16) Decreased76.5% ($12550)
3 Beds $5,252 Increased5.6% ($280) Decreased73% ($14186)
Nearby Cities Average Rent Avg. Rent vs. Palm BeachAverage Rent vs. Palm Beach Avg. Days on MarketAverage Days on Market
Royal Palm Beach $2,516 Decreased20.1% ($631) 37 days
Lake Worth Beach $2,454 Decreased22% ($693) 36 days
West Palm Beach $2,374 Decreased24.6% ($773) 33 days
Lake Worth $2,593 Decreased17.6% ($554) 37 days
Boynton Beach $2,560 Decreased18.7% ($587) 37 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 $3,147 per month.
Homes in Palm Beach typically rent for between $2,188 and $6,828 per month, with an average of $3,147 per month.
In Palm Beach, the average rent for a 1-bedroom home is $3,126 per month, for a 2-bedroom home, $3,849 per month, and a 3-bedroom home is $5,252 per month.
The average rent in Palm Beach is 75.1% ($1,350) higher than the national average of $1,797 per month.
The average rent in Palm Beach has decreased by 3.0% ($96) in the last month and decreased by 78.5% ($11,483) 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 17 rental properties available in Palm Beach, FL.
Based on the current averages, a household would need an annual income of $153,960 to comfortably afford a 2-bedroom home in Palm Beach.
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