Avery Lake Worth
3300 Boutwell Rd,
Lake Worth Beach, FL 33461
1-2 Beds | $2,110 - $2,795
Rental Market Trends in Palm Springs, FL
What is the average rent in Palm Springs, FL?
$1,713/month
Average Rent
673 Sq Ft
Average Apartment Size
+4.3%
Increase in the Last Year
As of March 2025, the average rent in Palm Springs, FL is $1,713 per month. For comparison, the national average rent price in the US is currently $1,560/month, which means Palm Springs rent prices are 10% higher than the national average. When you rent an apartment in Palm Springs, you can expect to pay about $1,815 per month for a studio, $1,713 for a one-bedroom apartment, and around $2,100 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,352 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 Springs, FL?
In the past year, rent has increased by 4.3%, which averages out to $74 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 March 2025
Legend
2024
2025
Rent Ranges in Palm Springs, FL
Last Updated March 2025
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
22%
$1,001 - $1,500/month
50%
$1,501 - $2,000/month
28%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Palm Springs?
Based on current rent prices, Palm Springs Village is the most affordable neighborhood in Palm Springs.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Palm Springs?
Based on current rent prices, Palm Springs Village is the most expensive neighborhood in Palm Springs.
Neighborhood
Average Rent
Average Sq Ft
Which Palm Springs neighborhoods have the most rentals available?
The neighborhood in Palm Springs with the most apartments available is Palm Springs Village .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Palm Springs, FL?
Because the average rent in Palm Springs is $1,713, you’ll want to make about $5,710 per month or $68,520 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 Springs, FL compare to other nearby cities and neighborhoods?
Use the tool below to compare Palm Springs, 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
$1,989/month
$1,989/month
One Bedroom
$1,600/month
$1,600/month
Two Bedroom
$2,288/month
$2,288/month
Three Bedroom
$1,334/month
$1,334/month
Nearby City Rent Trends
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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 2025.
* Percentages may not total 100 due to rounding.