City Report · FL

Palm Beach Shores

Pop. 1,248·209th most expensive in Florida·Rental market data updated monthly for Palm Beach Shores, FL
Median rent (all units)
$1,900/mo
Year-over-Year
Stable
Month-over-Month
+0.3%
vs US Median
-$32
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Palm Beach Shores · $1,900
More expensive than 54% of US cities · National median $1,932/mo
Affordability
26% of income
AFFORDABLE
0%30% benchmark60%+

At $1,900/mo, rent takes about 26% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$76,000/yr
Local median income
$86,786/yr
Based on the 30%-of-income rule using Palm Beach Shores's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,554
1 BR
$1,825
2 BR
$2,036
Fair Market Rent (HUD)
$2,036/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,900 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

What a typical income covers

30% of the median household income ($86,786) is $2,170 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,036).

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

Annual cost
$22,800/yr
At $1,900/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.0% YoY, +0.3% MoM), not inventory.
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Demographics

Who lives here

Palm Beach Shores, FL is majority owner-occupied, has a large retiree population, 54.2% of residents hold a bachelor's degree or higher.

Population
1,248
Median income
$86,786
Median age
60.4
Renters
39.1%
Age distribution
13.6%
17.9%
28.6%
34.6%
Under 185.2%
18–3413.6%
35–5417.9%
55–6428.6%
65+34.6%
Gender
46.1%
53.9%
Male46.1%
Female53.9%
Race & ethnicity
89.5%
White89.5%
Hispanic3%
Asian2.1%
Other5.1%
Education (25+)
14.4%
24.6%
54.2%
No HS diploma6.8%
HS diploma14.4%
Some college24.6%
Bachelor's+54.2%
Housing tenure
60.9%
39.1%
Owner60.9%
Renter39.1%

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

2021 vs 2026

How Palm Beach Shores, FL has changed in 5 years

Income
$61,838 → $86,786
up 40.3%
Population
1,046 → 1,248
up 19.3%
Renter share
40.6% → 39.1%
-1.5 pts
Bachelor's+
55% → 54.2%
-0.8 pts
Median age
62 → 60.4
-1.6 yrs

Local incomes tracked alongside that move, going from a median of $61,838 in 2021 to $86,786 more recently. Headcount in the area went from 1,046 to 1,248 between 2021 and 2024, a 19.3% change. About 39.1% of households rent today, against 40.6% in 2021.

Community

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

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

At $1,900/mo, how Palm Beach Shores rent compares to typical pay (30% rule).

By apartment size

Palm Beach Shores rent by bedroom count

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

Local insights

Tips for renters in Palm Beach Shores

About renting in Palm Beach Shores, FL

Last updated: October 17, 2026

The median rent in Palm Beach Shores is $1,900/mo as of October 2026. A studio apartment averages $1,554/mo while a 2-bedroom runs $2,036/mo. One-bedroom apartments average $1,825/mo.

At 26% of local median household income ($86,786/yr), Palm Beach Shores ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

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

To keep rent at or below 30% of gross income, you would need to earn at least $76,000/year (about $37/hour full-time) to afford the median rent of $1,900/mo in Palm Beach Shores. The local median household income is $86,786/yr, so the typical household meets that bar.

Is rent going up or down in Palm Beach Shores?

Rent in Palm Beach Shores has been roughly flat over the past year, a 0.0% change.

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

Palm Beach Shores is one of the more affordable among Florida cities for rent, ranking #209 of 289 tracked cities at $1,900/mo.
Income Affordability
26%
AFFORDABLE

At $1,900/mo, rent takes ~26% of Palm Beach Shores's median household income ($86,786/yr). The standard benchmark is 30%.

Palm Beach Shores 26%Benchmark 30%
State income taxNone
Run the Palm Beach Shores affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Palm Beach Shores, FL

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