Rentometer, Inc. | Data as of 12/04/2025
Palm Beach, a vibrant coastal city in Florida, blends historic charm with modern luxury. Known for its pristine Atlantic shoreline, upscale boutiques along Worth Avenue, and cultural landmarks such as the Flagler Museum, the city offers a lively arts scene, world‑class dining, and year‑round outdoor recreation. Residents enjoy easy access to pristine beaches, premier golf courses, and a bustling downtown district that balances boutique shopping with lively nightlife, making Palm Beach an attractive destination for professionals, retirees, and seasonal visitors alike.
The local rental market reflects the city’s upscale appeal, with a strong emphasis on apartment living. One‑bedroom units typically rent in the $3,000‑$3,700 range, while two‑bedroom apartments are often found between $5,600 and $8,000, depending on amenities and proximity to the waterfront. Larger three‑bedroom layouts generally command rates around $6,300‑$6,500, offering spacious options for families or those seeking a more expansive living environment. Modern high‑rise complexes provide resort‑style pools, state‑of‑the‑art fitness centers, and concierge services, while historic low‑rise buildings deliver classic architecture with contemporary upgrades.
Neighborhoods such as the South End, Downtown Palm Beach, and the elegant North End each offer distinct lifestyles. The South End appeals to young professionals with its walkable streets and vibrant café culture, whereas the North End showcases luxury condos steps from the beach and upscale shopping. Downtown’s historic charm pairs well with convenient transit options, connecting residents to both local attractions and the broader South Florida region. Whether seeking a breezy beachfront condo or a sophisticated urban apartment, Palm Beach’s rental market provides diverse choices that cater to a refined, active way of life.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $3,744 | $3,000 | $1,500 - $9,000 | $2,500 - $3,750 |
| Apartment | 2 Bedroom | $7,984 | $5,550 | $2,000 - $18,500 | $3,595 - $12,000 |
| Apartment | 3 Bedroom | $6,375 | $6,250 | $5,000 - $8,000 | $6,000 - $8,000 |
In the current period, the average rent in Palm Beach was
$3,744 for 1 Bedroom,
$7,984 for 2 Bedroom, and
$6,375 for 3 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.