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

 

Southwest, West Palm Beach, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Southwest area can be challenging. Home prices in Southwest are now at a median cost of $206,687, lower than the West Palm Beach average of $259,122.

The average cost of rent is $1,272/mo in Southwest, primarily driven by the current value of real estate in the Southwest area. While nearly 54.03% of residents own their homes outright in Southwest, 42.41% rent.

Housing affordability isn’t just about home prices, though. The average household income in Southwest is $4,258 per month. Households that rent pay about 29.86% of their income on rent here. Southwest's most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the neighborhood.


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