What's the average rent in Palm Beach, FL?

Rental Market Trends in Palm Beach, FL

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Palm Beach, FL is $11,500 per month, which is 486% higher than the national average rent of $1,962 per month.

AVERAGE RENT

$11,500
12.2%
$1,250 increase month-over-month
-11.5%
-$1,500 decrease year-over-year

AVAILABLE RENTALS

143

APARTMENTS

$7,863

HOUSES

$45,000

TOWNHOUSES

$39,000
As of August 2026, apartments are the most affordable rental option in Palm Beach, FL at $7,863 per month, while houses are the most expensive at $45,000 per month. Townhomes average $39,000 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$3,500
2 Bedrooms$10,000
3 Bedrooms$25,000
4 Bedrooms$42,000
All$11,500
As of August 2026, the average rent for a 1 bedroom rental in Palm Beach, FL is $3,500 per month, followed by $10,000 for a 2 bedroom rental, $25,000 for a 3 bedroom rental, and $42,000 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by -12% compared to the previous year, which is a $1,500 decrease.
This year (2026)
Last year (2025)

Rent distribution

64% of rentals have rent of $5,000 and above/month

Rental price range

The price range for rentals is $1,500 to $150,000.
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