What's the average rent in Palm Beach, FL?
Rental Market Trends in Palm Beach, FL
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SOURCE: TRULIA DATA
Rental market highlights
As of May 2026, the average rent in Palm Beach, FL is $11,000 per month, which is 476% higher than the national average rent of $1,910 per month.
AVERAGE RENT
$11,000
10.0%$1,000 increase month-over-month
-8.3%-$1,000 decrease year-over-year
AVAILABLE RENTALS
163
APARTMENTS
HOUSES
TOWNHOUSES
As of May 2026, apartments are the most affordable rental option in Palm Beach, FL at $6,019 per month, while houses are the most expensive at $45,000 per month. Townhomes average $7,111 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $3,470 |
| 2 Bedrooms | $9,500 |
| 3 Bedrooms | $22,500 |
| 4 Bedrooms | $45,000 |
| All | $10,000 |
As of May 2026, the average rent for a 1 bedroom rental in Palm Beach, FL is $3,470 per month, followed by $9,500 for a 2 bedroom rental, $22,500 for a 3 bedroom rental, and $45,000 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $5,000 |
| 2 Bedrooms | $7,111 |
| 3 Bedrooms | $40,000 |
| 4 Bedrooms | — |
| All | $7,111 |
As of May 2026, the average rent for a 1 bedroom townhome in Palm Beach, FL is $5,000 per month, followed by $7,111 for a 2 bedroom townhome, and $40,000 for a 3 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $3,470 |
| 2 Bedrooms | $9,500 |
| 3 Bedrooms | $22,500 |
| 4 Bedrooms | — |
| All | $8,500 |
As of May 2026, the average rent for a 1 bedroom apartment in Palm Beach, FL is $3,470 per month, followed by $9,500 for a 2 bedroom apartment, and $22,500 for a 3 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $9,000 |
| 2 Bedrooms | $5,000 |
| 3 Bedrooms | $30,000 |
| 4 Bedrooms | $45,000 |
| All | $45,000 |
As of May 2026, the average rent for a 1 bedroom house in Palm Beach, FL is $9,000 per month, followed by $5,000 for a 2 bedroom house, $30,000 for a 3 bedroom house, and $45,000 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -20% compared to the previous year, which is a $2,500 decrease.
This year (2026)
Last year (2025)
Rent distribution
60% of rentals have rent of $5,000 and above/month
Rental price range
The price range for rentals is $1,800 to $150,000.