Water Catchment Area, West Palm Beach, FL Rental Market Trends

The average rent for an apartment in Water Catchment Area, West Palm Beach, FL is $2,564 ($2.00 per sqft), based on a survey of 23 rental listings in Water Catchment Area, West Palm Beach, FL conducted by Hello Data, Inc. on May 28, 2023. This is 37% above the national average rent of $1,875 ($1.87 per sqft). The following graphs show how average rent varies based on number of bedrooms, square footage, quality and location:

Average rent in Water Catchment Area, West Palm Beach, FL by Number of Bedrooms

The chart below shows the average rent in Water Catchment Area, West Palm Beach, FL for apartments by number of bedrooms:

Average apartment size in Water Catchment Area, West Palm Beach, FL

The average apartment size in Water Catchment Area, West Palm Beach, FL is 1,281 sqft, which is 28% above the U.S. national average apartment size of 1,003 sqft. This graph illustrates average size in Water Catchment Area, West Palm Beach, FL for each unit type:

Average Rent in West Palm Beach, FL by Neighborhood

There are 7 neighborhoods in West Palm Beach, FL . Pineapple Park - Ibis is the most expensive neighborhood, with an average rent of $7,750 ($4.46 per sqft), and Palm Club Village is the most affordable neighborhood in West Palm Beach, FL , with an average rent of $2,073 ($1.88 per sqft). The following tables show the Top 5 neighborhoods in West Palm Beach, FL by average rent and the top 5 most affordable neighborhoods in West Palm Beach, FL by average rent:

Top 5 most expensive neighborhoods in West Palm Beach, FL by average rent:

Neighborhood
$7,750 avg. rent
$4.46 per sqft
$6,250 avg. rent
$4.26 per sqft
$3,026 avg. rent
$2.98 per sqft
$2,477 avg. rent
$2.23 per sqft
$2,419 avg. rent
$2.00 per sqft

Top 5 most affordable neighborhoods in West Palm Beach, FL by average rent:

Neighborhood
$3,026 avg. rent
$2.98 per sqft
$2,477 avg. rent
$2.23 per sqft
$2,419 avg. rent
$2.00 per sqft
$2,175 avg. rent
$2.10 per sqft
$2,073 avg. rent
$1.88 per sqft

Average Rent in West Palm Beach, FL by Zip Code

There are 8 zip codes in West Palm Beach, FL . 33412 is the most expensive zip code, with an average rent of $6,898 ($3.29 per sqft), and 33417 is the most affordable zip code in West Palm Beach, FL , with an average rent of $1,793 ($2.22 per sqft). The following tables show the Top 5 zip codes in West Palm Beach, FL by average rent and the top 5 most affordable zip codes in West Palm Beach, FL by average rent:

Top 5 most expensive zip codes in West Palm Beach, FL by average rent:

Zip Code
$6,898 avg. rent
$3.29 per sqft
$3,500 avg. rent
$2.87 per sqft
$3,500 avg. rent
$2.87 per sqft
$2,833 avg. rent
$3.25 per sqft
$2,473 avg. rent
$2.03 per sqft

Top 5 most affordable zip codes in West Palm Beach, FL by average rent:

Zip Code
$2,833 avg. rent
$3.25 per sqft
$2,473 avg. rent
$2.03 per sqft
$2,300 avg. rent
$1.92 per sqft
$2,155 avg. rent
$2.03 per sqft
$1,793 avg. rent
$2.22 per sqft

Average Apartment Listing Volume and Average Time on Market in Water Catchment Area, West Palm Beach, FL

Average number of days on market in Water Catchment Area, West Palm Beach, FL

The average listing remains on the market for 15 days in Water Catchment Area, West Palm Beach, FL. This is greater than the national average time on market of 10 days for apartment listings. The chart below shows how many units remain on the market by number of days in Water Catchment Area, West Palm Beach, FL:

Available Apartments in Water Catchment Area, West Palm Beach, FL by Unit Type

On May 28, 2023 Hello Data, Inc. surveyed 23 active apartment listings in Water Catchment Area, West Palm Beach, FL. The graph below shows the breakdown of multifamily units listed by bedroom count:

Frequently Asked Questions – Water Catchment Area, West Palm Beach, FL Average Rents

What are the most affordable neighborhoods in West Palm Beach, FL?

The most affordable neighborhoods in West Palm Beach, FL are Palm Club Village, where the average rent is $2,073 ($1.88 per sqft) and Villages of Palm Beach Lakes, where renters pay $2,175 ($2.10 per sqft) per month on average.

What are the most expensive neighborhoods in West Palm Beach, FL?

The most expensive neighborhoods in West Palm Beach, FL are Pineapple Park - Ibis, with an average rent of $7,750 ($4.46 per sqft) and South Side, with an average rent of $6,250 ($4.26 per sqft) per month.

What are the most popular neighborhoods in West Palm Beach, FL?

The most popular neighborhoods in West Palm Beach, FL are Villages of Palm Beach Lakes, with 141 active listings as of May 28, 2023 and Downtown, with 38 active listings as of May 28, 2023.

How much is a 1 Bedroom apartment in Water Catchment Area, West Palm Beach, FL?

The average monthly rental price for 1 Bedroom apartments in Water Catchment Area, West Palm Beach, FL is $2,118 ($2.53 per sqft).

How much is a 2 Bedroom apartment in Water Catchment Area, West Palm Beach, FL?

The average monthly rental price for 2 Bedroom apartments in Water Catchment Area, West Palm Beach, FL is $2,419 ($2.00 per sqft).

How much is a 3 Bedroom apartment in Water Catchment Area, West Palm Beach, FL?

The average monthly rental price for 3 Bedroom apartments in Water Catchment Area, West Palm Beach, FL is $3,063 ($1.81 per sqft).

See how Hello Data can help your business