The Most Affordable Neighborhoods in Pinewood-West Palm Beach, West Palm Beach, FL by Home Value

 

Pinewood-West Palm Beach, West Palm Beach, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Pinewood-West Palm Beach area can be challenging. Home prices in Pinewood-West Palm Beach are now at a median cost of $366,582, lower than the West Palm Beach average of $396,071.

The average cost of rent is $1,422/mo in Pinewood-West Palm Beach, primarily driven by the current value of real estate in the Pinewood-West Palm Beach area. In Pinewood-West Palm Beach, 42.33% of households rent, and 39.21% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Pinewood-West Palm Beach is $4,038 per month. Households that rent pay about 35.23% of their income on rent here. Pinewood-West Palm Beach’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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