City Report · FL

North Palm Beach

Pop. 13,238·30th most expensive in Florida·North Palm Beach rents are up 6.5% over the past year
Median rent (all units)
$2,997/mo
Year-over-Year
+6.5%
Month-over-Month
+1.7%
vs US Median
+$1,065
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
North Palm Beach · $2,997
More expensive than 91% of US cities · National median $1,932/mo
Rent Reality Score
40/100
Fairly priced
OverheatedFairGreat value

Rents are 5% above what North Palm Beach's 10-year trend predicts — running hotter than its own history.

Actual rent
$2,997/mo
Expected by trend
$2,851/mo
The Rent Reality Score compares today's median rent to where North Palm Beach's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,630
1 BR
$1,820
2 BR
$2,170
3 BR
$2,830
4 BR+
$3,390
Fair Market Rent (HUD)
$2,170/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,997 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in North Palm Beach is at its highest level since Zillow's records here began in February 2022.

Past year vs. the rest of Florida

Rent in North Palm Beach changed +6.5% over the year to September 2026. Across the 270 Florida cities Zillow tracks, the typical change was +1.8%.

Recent direction

Rent has risen 2 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($90,049) is $2,251 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,170); a 3-bedroom is $2,830.

Cheaper nearby

Lake Park, 3 miles away, rents for 37% less ($1,902/mo), about $13,100 a year in savings.

From Zillow's monthly rent index (ZORI) for North Palm Beach. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$35,964/yr
At $2,997/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 6.5% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+6.5% YoY, +1.7% MoM), not inventory.
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Demographics

Who lives here

North Palm Beach, FL is majority owner-occupied, has a large retiree population, has a median income above the national average, 50.2% of residents hold a bachelor's degree or higher.

Population
13,238
Median income
$90,049
Median age
57
Renters
25.5%
Age distribution
13%
14.2%
19.8%
18.4%
34.6%
Under 1813%
18–3414.2%
35–5419.8%
55–6418.4%
65+34.6%
Gender
51.5%
48.5%
Male51.5%
Female48.5%
Race & ethnicity
83.4%
White83.4%
Black2.3%
Hispanic10.2%
Asian1.1%
Other3.2%
Education (25+)
20.7%
24.7%
50.2%
No HS diploma4.4%
HS diploma20.7%
Some college24.7%
Bachelor's+50.2%
Housing tenure
74.5%
25.5%
Owner74.5%
Renter25.5%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2022 vs 2026

How North Palm Beach, FL has changed in 5 years

Rent
$2,702 → $2,997
up 10.9%
Income
$81,135 → $90,049
up 11.0%
Population
13,096 → 13,238
up 1.1%
Renter share
21.7% → 25.5%
+3.8 pts
Bachelor's+
47.8% → 50.2%
+2.4 pts
Median age
56.4 → 57
+0.6 yrs

Compared with 2022, rent in North Palm Beach, FL has climbed by $295 per month, settling near $2,997 after starting the period at $2,702. Household income in the area moved from $81,135 to $90,049 across the same window, up 11.0% versus 2021. Headcount in the area went from 13,096 to 13,238 between 2021 and 2024, a 1.1% change. About 25.5% of households rent today, against 21.7% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 47.8% to 50.2%. Reading these numbers side by side helps frame whether current listings in North Palm Beach, FL look reasonable against where the market sat half a decade ago.

Community

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View North Palm Beach rent history (2015–2026) →
Salary vs rent

Can you afford rent in North Palm Beach on your salary?

At $2,997/mo, how North Palm Beach rent compares to typical pay (30% rule).

By apartment size

North Palm Beach rent by bedroom count

Median rent for each apartment size in North Palm Beach. Click any size for full breakdown.

Local insights

Tips for renters in North Palm Beach

About renting in North Palm Beach, FL

Last updated: October 17, 2026

The median rent in North Palm Beach is $2,997/mo as of October 2026. A studio apartment averages $1,630/mo while a 2-bedroom runs $2,170/mo. One-bedroom apartments average $1,820/mo and 3-bedroom units go for $2,830/mo.

At 40% of local median household income ($90,049/yr), North Palm Beach ranks as moderate compared to the national benchmark of 30%. Rents have increased 6.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in North Palm Beach?

To keep rent at or below 30% of gross income, you would need to earn at least $120,000/year (about $58/hour full-time) to afford the median rent of $2,997/mo in North Palm Beach. The local median household income is $90,049/yr, so the typical household falls short of that bar.

Is rent going up or down in North Palm Beach?

Rent in North Palm Beach has risen 6.5% over the past year as of September 2026. That is the highest level since Zillow's records here began in February 2022.

How does North Palm Beach rent compare to other cities in Florida?

North Palm Beach is one of the pricier among Florida cities for rent, ranking #30 of 289 tracked cities at $2,997/mo. Over the year to September 2026, rent in North Palm Beach changed +6.5%, against a typical +1.8% across the 270 Florida cities Zillow tracks.

Which nearby cities are cheaper to rent in than North Palm Beach?

Nearby cities with lower median rent than North Palm Beach ($2,997/mo) include Palm Beach Shores ($1,900/mo), Lake Park ($1,902/mo), and Riviera Beach ($2,716/mo).
Income Affordability
40%
MODERATE

At $2,997/mo, rent takes ~40% of North Palm Beach's median household income ($90,049/yr). The standard benchmark is 30%.

North Palm Beach 40%Benchmark 30%
State income taxNone
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near North Palm Beach, FL

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