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These days, finding an affordable place to live in the Royal Palm Beach area can be challenging. Home prices in Royal Palm Beach are now at a median cost of $297,466, higher than the Florida average of $278,762.
The average cost of rent is $1,743/mo in Royal Palm Beach, primarily driven by the current value of real estate in the Royal Palm Beach area. While nearly 30.29% of residents own their homes outright in Royal Palm Beach, 17.89% rent.
Housing affordability isn’t just about home prices, though. The average household income in Royal Palm Beach is $7,156 per month. Households that rent pay about 24.36% of their income on rent here. Royal Palm Beach's most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Loxahatchee Groves, FL: higher priced homes
- Wellington, FL: higher priced homes
- The Acreage, FL: higher priced homes
- Haverhill, FL: less expensive homes
- West Palm Beach, FL: less expensive homes
- Greenacres, FL: less expensive homes
- Loxahatchee, FL: higher priced homes
- Westgate, FL: less expensive homes
- Acacia Villas, FL: less expensive homes
- Palm Springs, FL: less expensive homes
Cities with Similar Populations
- Aventura, FL: higher priced homes
- Bartlesville, OK: less expensive homes
- Bartlett, IL: equally priced homes
- Bettendorf, IA: equally priced homes
- Brownsburg, IN: less expensive homes
- New Berlin, WI: equally priced homes
- Ringgold, GA: less expensive homes
- Portage, IN: less expensive homes
- Pearl City, HI: higher priced homes
- Park Ridge, IL: higher priced homes
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