2560 South Ocean
2560 S Ocean Blvd,
Palm Beach, FL 33480
Studio - 3 Beds | $2,095 - $6,595
Rental Market Trends in Palm Beach, FL
What is the average rent in Palm Beach, FL?
$2,486/month
Average Rent
660 Sq Ft
Average Apartment Size
+2%
Increase in the Last Year
As of December 2024, the average rent in Palm Beach, FL is $2,486 per month. This is 59% higher than the national average rent price of $1,560/month, making Palm Beach one of the most expensive cities in the US. When you rent an apartment in Palm Beach, you can expect to pay about $2,370 per month for a studio, $2,486 for a one-bedroom apartment, and around $7,050 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $11,684 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Palm Beach, FL?
In the past year, rent has increased by 2%, which averages out to $50 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 2024
Legend
2023
2024
Rent Ranges in Palm Beach, FL
Last Updated December 2024
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
9%
$1,001 - $1,500/month
9%
$1,501 - $2,000/month
82%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Palm Beach?
Based on current rent prices, Reverie and Casa Del Lago" are the most affordable neighborhoods in Palm Beach.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Palm Beach?
Based on current rent prices, Casa Del Lago and Reverie" are the most expensive neighborhoods in Palm Beach.
Neighborhood
Average Rent
Average Sq Ft
Which Palm Beach neighborhoods have the most rentals available?
The neighborhoods in Palm Beach with the most apartments available are Casa Del Lago and Reverie" .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Palm Beach, FL?
Because the average rent in Palm Beach is $2,486, you’ll want to make about $8,286 per month or $99,432 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.
How does Palm Beach, FL compare to other nearby cities and neighborhoods?
Use the tool below to compare 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.
Studio
-
$2,284/month
One Bedroom
-
$2,985/month
Two Bedroom
-
-
Three Bedroom
-
-
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Methodology
† 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.
* Percentages may not total 100 due to rounding.