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These days, finding an affordable place to live in the West Palm Beach area can be challenging. Home prices in West Palm Beach are now at a median cost of $396,071, lower than the Florida average of $396,783.
The average cost of rent is $1,826/mo in West Palm Beach, primarily driven by the current value of real estate in the West Palm Beach area. In West Palm Beach, 42.61% of households rent, and 46.74% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in West Palm Beach is $6,717 per month. Households that rent pay about 27.18% of their income on rent here. West Palm Beach’s most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Westgate, FL: less expensive homes
- Haverhill, FL: equally priced homes
- Glen Ridge, FL: higher priced homes
- Cloud Lake, FL: higher priced homes
- Mangonia Park, FL: less expensive homes
- Palm Beach, FL: higher priced homes
- Acacia Villas, FL: less expensive homes
- Palm Springs, FL: less expensive homes
- Lake Clarke Shores, FL: higher priced homes
- Riviera Beach, FL: less expensive homes
Cities with Similar Populations
- Union Dale, PA: less expensive homes
- Turtle River, MN: less expensive homes
- Tuscaloosa, AL: less expensive homes
- Twelve Corners, WI: less expensive homes
- Tunnel Hill, OH: less expensive homes
- Two Buttes, CO: less expensive homes
- Two Rivers, AK: less expensive homes
- Tulelake, CA: less expensive homes
- Tulare, CA: less expensive homes
- Tucson, AZ: less expensive homes
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