City Report · FL

Palm Beach Gardens

Pop. 60,959·39th most expensive in Florida·Palm Beach Gardens rents are up 5.2% over the past year
Median rent (all units)
$2,839/mo
Year-over-Year
+5.2%
Month-over-Month
+0.7%
vs US Median
+$907
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
Palm Beach Gardens · $2,839
More expensive than 88% of US cities · National median $1,932/mo
Rent Reality Score
68/100
Good value
OverheatedFairGreat value

Rents are 9% below what Palm Beach Gardens's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,839/mo
Expected by trend
$3,125/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
Fair Market Rent (HUD)
$2,677/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,839 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

Cheapest month to sign

June. Asking rents in Palm Beach Gardens usually run 1.5% below trend in June and 2.2% above it in December, about $105 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in Palm Beach Gardens is at its highest level since Zillow's records here began in January 2015.

Past year vs. the rest of Florida

Rent in Palm Beach Gardens changed +5.2% over the year to September 2026. Across the 270 Florida cities Zillow tracks, the typical change was +1.8%.

Rent vs. income since 2019

From 2019 to 2024, rent in Palm Beach Gardens rose 62.3% while median household income rose 21.6% ($87,969 to $106,947). Rent outpaced income.

Since before the pandemic

Rent in Palm Beach Gardens is 67.5% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 7 months in a row, and rose in 11 of the last 12 months.

What a typical income covers

30% of the median household income ($106,947) is $2,674 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($2,240); a 2-bedroom is $2,677.

Spread across ZIP codes

The priciest of 3 ZIP codes in Palm Beach Gardens, 33412 ($4,825/mo), costs 1.8 times the cheapest, 33410 ($2,649/mo).

Cheaper nearby

Lake Park, 5 miles away, rents for 33% less ($1,902/mo), about $11,200 a year in savings.

From Zillow's monthly rent index (ZORI) for Palm Beach Gardens. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$34,068/yr
At $2,839/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 5.2% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+5.2% YoY, +0.7% MoM), not inventory.
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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
$1,933 → $2,839
up 46.9%
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 $1,933 in 2021 and currently runs about $2,839, reflecting a 46.9% 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 $2,839/mo, how Palm Beach Gardens rent compares to typical pay (30% rule).

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: October 17, 2026

The median rent in Palm Beach Gardens is $2,839/mo as of October 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 32% of local median household income ($106,947/yr), Palm Beach Gardens ranks as moderate compared to the national benchmark of 30%. Rents have increased 5.2% over the past year.

FAQ

Frequently asked questions

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 $114,000/year (about $55/hour full-time) to afford the median rent of $2,839/mo in Palm Beach Gardens. The local median household income is $106,947/yr, so the typical household falls short of that bar.

Is rent going up or down in Palm Beach Gardens?

Rent in Palm Beach Gardens has risen 5.2% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2015.

When is the cheapest time to rent in Palm Beach Gardens?

Asking rents in Palm Beach Gardens are usually lowest in June, about 1.5% below their yearly trend, and highest in December, about 2.2% above it. At today's median that is a gap of roughly $105 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in Palm Beach Gardens?

Yes. From 2019 to 2024, rent in Palm Beach Gardens rose 62.3% while median household income rose 21.6%, from $87,969 to $106,947. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

Which Palm Beach Gardens neighborhoods have the lowest rent?

The most affordable ZIP codes in Palm Beach Gardens are 33410 ($2,649/mo), 33418 ($3,068/mo), and 33412 ($4,825/mo). Citywide, the median rent is $2,839/mo.

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

Palm Beach Gardens is one of the pricier among Florida cities for rent, ranking #39 of 289 tracked cities at $2,839/mo. Over the year to September 2026, rent in Palm Beach Gardens changed +5.2%, against a typical +1.8% across the 270 Florida cities Zillow tracks.

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

Nearby cities with lower median rent than Palm Beach Gardens ($2,839/mo) include Century Village ($1,451/mo), Lake Park ($1,902/mo), and Riviera Beach ($2,716/mo).
Income Affordability
32%
MODERATE

At $2,839/mo, rent takes ~32% of Palm Beach Gardens's median household income ($106,947/yr). The standard benchmark is 30%.

Palm Beach Gardens 32%Benchmark 30%
State income taxNone
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Palm Beach Gardens, FL

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