West Palm Beach, FL Rental Market Trends
Last updated: May 13, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in West Palm Beach is $2,455, a 2.22% increase compared to the previous year, when the average rent was $2,401.
Studio Apartments at $2,239 offer the most budget-friendly option with 574 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 737 square feet for $2,181, balancing privacy and affordability.
Two-beedroom units at $2,581 offer 1,070 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,367 sq ft) for $3,157, suitable for larger households.
Average rent in West Palm Beach, FL
Last updated: May 13, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,455 | 948 sq. ft. |
| Studio | $2,239 | 574 sq. ft. |
| 1 Bed | $2,181 | 737 sq. ft. |
| 2 Beds | $2,581 | 1,070 sq. ft. |
| 3 Beds | $3,157 | 1,367 sq. ft. |
West Palm Beach, FL rent trends
Rental prices in West Palm Beach, FL have increased by 2.22% over the past year. The average rent moved from $2,401 to $2,455.
What's the typical rent budget in West Palm Beach, FL?
The largest share of rentals in West Palm Beach, FL (34%) fall between $2,001-$2,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in West Palm Beach, FL?
25,986 or 49% of the households in West Palm Beach, FL are renter-occupied while 26,536 or 51% are owner-occupied.
How West Palm Beach Compares to Other Cities
| City | Average Rent |
|---|---|
| West Palm Beach | $2,455 |
| Jacksonville | $1,504 |
| Cape Coral | $1,708 |
| Miami | $2,770 |
| Kissimmee | $1,804 |
| Tampa | $2,010 |
| Orlando | $1,792 |
| Fort Myers | $1,727 |
| North Port | $1,687 |
| Lakeland | $1,520 |
| Port St. Lucie | $2,125 |
| Boca Raton | $2,926 |
| Pompano Beach, FL | $2,267 |
| Oakland Park, FL | $1,985 |
| Lake Worth, FL | $2,265 |
| Boynton Beach, FL | $2,357 |
| Delray Beach, FL | $2,890 |
| Coconut Creek, FL | $2,376 |
| Deerfield Beach, FL | $2,153 |
| Stuart, FL | $2,041 |
| Margate, FL | $2,162 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all West Palm Beach apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.