Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Palm Beach area can be challenging. Home prices in Palm Beach are now at a median cost of $1,494,809, higher than the Florida average of $278,762.
The average cost of rent is $1,723/mo in Palm Beach, primarily driven by the current value of real estate in the Palm Beach area. While nearly 73.95% of residents own their homes outright in Palm Beach, 14.21% rent.
Housing affordability isn’t just about home prices, though. The average household income in Palm Beach is $15,549 per month. Households that rent pay about 11.08% of their income on rent here. Palm Beach's most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Cloud Lake, FL: less expensive homes
- Glen Ridge, FL: less expensive homes
- Westgate, FL: less expensive homes
- Lake Clarke Shores, FL: less expensive homes
- West Palm Beach, FL: less expensive homes
- Mangonia Park, FL: less expensive homes
- Haverhill, FL: less expensive homes
- Palm Springs, FL: less expensive homes
- Palm Beach Shores, FL: less expensive homes
- Acacia Villas, FL: less expensive homes
Cities with Similar Populations
- Sheridan, OR: less expensive homes
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- Sharon Hill, PA: less expensive homes
- Shavertown, PA: less expensive homes
- Sheffield, AL: less expensive homes
- Sheffield Lake, OH: less expensive homes
- Shelburne, VT: less expensive homes
- Shepherd, MI: less expensive homes
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