How much does it cost to rent in Palm Beach Gardens, FL?

As of July 2026, the median monthly rent in Palm Beach Gardens, FL is $2,725. This figure is based on aggregated data from public sources and community-submitted rents.

Is Palm Beach Gardens cheaper than other Florida cities?

Palm Beach Gardens is one of the pricier cities in Florida, ranking #49 out of 288 cities tracked at $2,725/mo.

When was Palm Beach Gardens rent data last updated?

Palm Beach Gardens rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · FL

Palm Beach Gardens

Name: Average Rent Prices in Palm Beach Gardens, FL
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 60,959·49th most expensive in Florida·Palm Beach Gardens rents have dropped 5.3%, currently a renter's market

Median rent (all units)

$2,725/mo

Year-over-Year

-5.3%

Month-over-Month

-0.7%

vs US Median

+$760

Falling (Monthly)

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Most AffordableMost Expensive

Palm Beach Gardens · $2,725

More expensive than 85% of US cities · National median $1,965/mo

Rent Reality Score

81/100

Great value

OverheatedFairGreat value

Rents are 16% below what Palm Beach Gardens's 10-year trend predicts — a better deal than its own history suggests.

Actual rent

$2,725/mo

Expected by trend

$3,226/mo

The Rent Reality Score compares today's median rent to where Palm Beach Gardens's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$2,003

1 BR

$2,240

2 BR

$2,677

3 BR

$3,510

4 BR+

$4,210

Research median

$2,677/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost

$32,700/yr

At $2,725/mo median

Rent Market Meter

Strong Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are down 5.3% year-over-year. Push hard on price, concessions, and lease terms.

Based on rent-price momentum (-5.3% YoY, -0.7% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Palm Beach Gardens, FL is majority owner-occupied, has a large retiree population, has a median income above the national average, 57.4% of residents hold a bachelor's degree or higher.

Population

60,959

Median income

$106,947

Median age

51.8

Renters

27%

Age distribution

16.6%

15.2%

22.5%

13.2%

32.5%

Under 1816.6%

18–3415.2%

35–5422.5%

55–6413.2%

65+32.5%

Gender

47.1%

52.9%

Male47.1%

Female52.9%

Race & ethnicity

79.2%

White79.2%

Black3.2%

Hispanic12%

Asian3.9%

Other1.7%

Education (25+)

15.7%

24.1%

57.4%

No HS diploma2.8%

HS diploma15.7%

Some college24.1%

Bachelor's+57.4%

Housing tenure

73%

27%

Owner73%

Renter27%

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

2021 vs 2026

How Palm Beach Gardens, FL has changed in 5 years

Rent

$1,968 → $2,725

up 38.5%

Income

$99,734 → $106,947

up 7.2%

Population

58,482 → 60,959

up 4.2%

Renter share

26.2% → 27%

+0.8 pts

Bachelor's+

55.6% → 57.4%

+1.8 pts

Median age

51.1 → 51.8

+0.7 yrs

The median rent in Palm Beach Gardens, FL stood at $1,968 in 2021 and currently runs about $2,725, reflecting a 38.5% increase over the period. Local incomes tracked alongside that move, going from a median of $99,734 in 2021 to $106,947 more recently. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 4.2% since 2021, moving from about 58,482 residents to roughly 60,959. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Palm Beach Gardens, FL market of 2021.

Community

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View Palm Beach Gardens rent history (2015–2026) →

Salary vs rent

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

At $2,725/mo, how Palm Beach Gardens rent compares to typical pay (30% rule).

Registered Nurse

Avg $87,866/yr · Rent = 37.2% income

stretched

Elementary School Teacher

Avg $62,384/yr · Rent = 52.4% income

severely rent-burdened

Police Officer

Avg $71,861/yr · Rent = 45.5% income

rent-burdened

Software Developer

Avg $128,442/yr · Rent = 25.5% income

affordable

Lawyer

Avg $164,117/yr · Rent = 19.9% income

very comfortable

Firefighter

Avg $58,413/yr · Rent = 56% income

severely rent-burdened

Truck Driver

Avg $52,740/yr · Rent = 62% income

severely rent-burdened

Electrician

Avg $65,007/yr · Rent = 50.3% income

severely rent-burdened

By apartment size

Palm Beach Gardens rent by bedroom count

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

Local insights

Tips for renters in Palm Beach Gardens

About renting in Palm Beach Gardens, FL

Last updated: July 20, 2026

The median rent in Palm Beach Gardens is $2,725/mo as of July 2026. A studio apartment averages $2,003/mo while a 2-bedroom runs $2,677/mo. One-bedroom apartments average $2,240/mo and 3-bedroom units go for $3,510/mo.

At 31% of local median household income ($106,947/yr), Palm Beach Gardens ranks as moderate compared to the national benchmark of 30%. Rents have decreased 5.3% over the past year.

FAQ

Frequently asked questions

Is Palm Beach Gardens an affordable city for renters?

Palm Beach Gardens is considered moderate for renters. At $2,725/mo, rent takes approximately 31% of the local median household income ($106,947/yr). The standard benchmark is 30%. Palm Beach Gardens slightly exceeds that threshold, so budgeting carefully matters here.

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

To keep rent at or below 30% of gross income, you would need to earn at least $109,000/year (~$52/hour full-time) to afford the median rent of $2,725/mo in Palm Beach Gardens. The local median household income is $106,947/yr, meaning the typical Palm Beach Gardens household falls short of that threshold.

Is rent going up or down in Palm Beach Gardens?

Rent in Palm Beach Gardens has decreased 5.3% over the past year as of July 2026, offering some relief compared to 12 months ago.

Which Palm Beach Gardens neighborhoods have the lowest rent?

The most affordable ZIP codes in Palm Beach Gardens are 33410 ($2,587/mo), 33418 ($2,831/mo), and 33412 ($3,908/mo). Citywide, the median rent in Palm Beach Gardens is $2,725/mo.

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

Palm Beach Gardens is one of the pricier cities in Florida for rent, ranking #49 out of 288 tracked cities at $2,725/mo.

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

Several nearby cities have lower median rents than Palm Beach Gardens ($2,725/mo): Century Village ($1,406/mo), Lake Park ($2,083/mo), Riviera Beach ($2,709/mo).

What percentage of Palm Beach Gardens residents rent vs. own?

According to Census data, approximately 27% of Palm Beach Gardens households are renters, while 73% are owner-occupied. Palm Beach Gardens leans toward homeownership, which can mean a smaller rental inventory.

How does Palm Beach Gardens rent compare to the national average?

Palm Beach Gardens's median rent of $2,725/mo is $760 (39%) above the US national median of $1,965/mo. Within Florida, it ranks #49 out of 288 tracked cities.

Income Affordability

31%

MODERATE

At $2,725/mo, rent takes ~31% of Palm Beach Gardens's median household income ($106,947/yr). The standard benchmark is 30%.

Palm Beach Gardens 31%Benchmark 30%

State income taxNone

Run the Palm Beach Gardens affordability calculator →

Nearby cities