Rentometer, Inc. | Data as of 10/24/2025
Lower Grand Lagoon offers a vibrant blend of urban convenience and waterfront charm, making it one of Floridaâs most soughtâafter city neighborhoods for renters. Residents enjoy easy access to the scenic lagoon, nearby parks, and a lively downtown district dotted with cafĂŠs, boutique shops, and cultural venues such as the local art gallery and historic theater. The areaâs wellâconnected transit options and bikeâfriendly streets also enhance commuter appeal for professionals working throughout the Greater Palm Beach region.
The rental market in Lower Grand Lagoon reflects a diverse array of housing choices. Oneâbedroom apartments typically command rents in the $1700s, with median rates hovering around the $1300s, while twoâbedroom units are generally found in the $1400s range. Larger threeâbedroom apartments see averages in the $2700s, often reaching the $2800s median. For those seeking more space, singleâfamily houses provide compelling options: twoâbedroom homes average in the $1800s, threeâbedroom homes around $2500, and fourâplusâbedroom properties trend toward the $3200 range. These figures underscore the neighborhoodâs ability to accommodate a spectrum of lifestyles, from young professionals to growing families.
Beyond its housing variety, Lower Grand Lagoon is celebrated for its recreational assets, including waterfront promenades, kayaking routes, and annual festivals that draw both locals and visitors. Proximity to topârated schools, medical centers, and shopping districts further enhances its appeal, positioning the area as a balanced, desirable destination for renters seeking a dynamic yet relaxed Florida city experience.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,709 | $1,350 | $1,100 - $2,800 | $1,195 - $2,100 |
| Apartment | 2 Bedroom | $1,425 | $1,375 | $1,300 - $1,650 | $1,350 - $1,650 |
| Apartment | 3 Bedroom | $2,748 | $2,547 | $2,200 - $3,700 | $2,295 - $3,700 |
| House | 2 Bedroom | $1,834 | $1,750 | $1,600 - $2,350 | $1,695 - $1,775 |
| House | 3 Bedroom | $2,547 | $2,550 | $1,600 - $3,500 | $2,200 - $3,000 |
| House | 4+ Bedroom | $2,861 | $3,050 | $1,895 - $3,450 | $2,900 - $3,450 |
In the current period, the average rent in Lower Grand Lagoon was
$1,709 for 1 Bedroom,
$1,652 for 2 Bedroom,
$2,581 for 3 Bedroom, and
$2,861 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.