Lumaire West Palm Beach
201 Clearwater Dr,
West Palm Beach, FL 33401
1-3 Beds | $2,565 - $4,050
Rental Market Trends in West Palm Beach, FL
What is the average rent in West Palm Beach, FL?
$2,084/month
Average Rent
714 Sq Ft
Average Apartment Size
+1.4%
Increase in the Last Year
As of April 2025, the average rent in West Palm Beach, FL is $2,084 per month. This is 32% higher than the national average rent price of $1,575/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 $2,502 per month for a studio, $2,084 for a one-bedroom apartment, and around $2,367 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $4,059 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 increased by 1.4%, which averages out to $29 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 April 2025
Legend
2024
2025
Rent Ranges in West Palm Beach, FL
Last Updated April 2025
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
8%
$700 - $1,000/month
31%
$1,001 - $1,500/month
23%
$1,501 - $2,000/month
38%
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, Forest Hill Village, Century Village Palm Beach and Cresthaven 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, North Palm Beach, Downtown West 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 $2,084, you’ll want to make about $6,946 per month or $83,352 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
-
$1,242/month
One Bedroom
$1,661/month
$2,884/month
Two Bedroom
$2,265/month
$3,790/month
Three Bedroom
$2,969/month
$17,385/month
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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.