Inscription West Palm Beach
1991 Presidential Way,
West Palm Beach, FL 33401
1-3 Beds | $2,484 - $6,329
Rental Market Trends in West Palm Beach, FL
What is the average rent in West Palm Beach, FL?
$2,042/month
Average Rent
716 Sq Ft
Average Apartment Size
-0.2%
Decrease in the Last Year
As of December 2024, the average rent in West Palm Beach, FL is $2,042 per month. This is 31% higher than the national average rent price of $1,560/month, making West Palm Beach one of the most expensive cities in the US. When you rent an apartment in West Palm Beach, you can expect to pay about $2,532 per month for a studio, $2,042 for a one-bedroom apartment, and around $2,332 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $4,021 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 West Palm Beach, FL?
In the past year, rent has decreased by 0.2%, which averages out to $3 less 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 West Palm Beach, FL
Last Updated December 2024
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
9%
$700 - $1,000/month
31%
$1,001 - $1,500/month
27%
$1,501 - $2,000/month
33%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in West Palm Beach?
Based on current rent prices, Century Village Palm Beach, Cresthaven and Emerald Dunes are the most affordable neighborhoods in West Palm Beach.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in West Palm Beach?
Based on current rent prices, Downtown West Palm Beach, North Palm Beach and Pleasant City are the most expensive neighborhoods in West Palm Beach.
Neighborhood
Average Rent
Average Sq Ft
Which West Palm Beach neighborhoods have the most rentals available?
The neighborhoods in West Palm Beach with the most apartments available are Downtown West Palm Beach, Century Village Palm Beach and Golden Lakes .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in West Palm Beach, FL?
Because the average rent in West Palm Beach is $2,042, you’ll want to make about $6,806 per month or $81,672 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 West Palm Beach, FL compare to other nearby cities and neighborhoods?
Use the tool below to compare West 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
-
$2,932/month
One Bedroom
-
$2,759/month
Two Bedroom
-
$3,885/month
Three Bedroom
-
$7,941/month
Nearby City Rent Trends
Apartment communities in West Palm Beach we think you'll love
Property Management Companies in West Palm Beach, FL
Willow Bridge
-
679
Communities
-
185,890
Units
-
310
Cities
3 Communities in West Palm Beach
Bozzuto
-
353
Communities
-
108,640
Units
-
151
Cities
3 Communities in West Palm Beach
Gables Residential
-
95
Communities
-
25,432
Units
-
42
Cities
3 Communities in West Palm Beach
Greystar
-
3,191
Communities
-
884,840
Units
-
829
Cities
2 Communities in West Palm Beach
BH
-
324
Communities
-
90,582
Units
-
196
Cities
2 Communities in West Palm Beach
Morgan Properties
-
314
Communities
-
94,821
Units
-
192
Cities
2 Communities in West Palm Beach
Cortland
-
173
Communities
-
63,631
Units
-
91
Cities
2 Communities in West Palm Beach
Harbor Group Management
-
138
Communities
-
43,801
Units
-
89
Cities
2 Communities in West Palm Beach
Learn more with helpful articles
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
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.