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These days, finding an affordable place to live in the Palm Beach County area can be challenging. Home prices in Palm Beach County are now at a median cost of $507,122, higher than the Florida average of $396,783.
The average cost of rent is $2,192/mo in Palm Beach County, primarily driven by the current value of real estate in the Palm Beach County area. In Palm Beach County, 29.92% of households rent, and 45.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Palm Beach County is $8,194 per month. Households that rent pay about 26.75% of their income on rent here. Palm Beach County’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Broward County, FL: less expensive homes
- Martin County, FL: equally priced homes
- St. Lucie County, FL: less expensive homes
- Miami-Dade County, FL: equally priced homes
- Okeechobee County, FL: less expensive homes
- Hendry County, FL: less expensive homes
- Glades County, FL: less expensive homes
- Indian River County, FL: less expensive homes
- Highlands County, FL: less expensive homes
- Collier County, FL: higher priced homes
Counties with Similar Populations
- Riverside County, CA: equally priced homes
- Queens County, NY: higher priced homes
- Oakland County, MI: less expensive homes
- Cuyahoga County, OH: less expensive homes
- San Bernardino County, CA: equally priced homes
- Hillsborough County, FL: less expensive homes
- Montgomery County, MD: higher priced homes
- Prince George's County, MD: less expensive homes
- Hennepin County, MN: less expensive homes
- Philadelphia County, PA: less expensive homes
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