Rents are 7% below what Royal Palm Beach's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,713 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 →
12-month history
Last updated: August 17, 2026
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Who lives here
Royal Palm Beach, FL is majority owner-occupied, has a median income above the national average, 37.4% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Royal Palm Beach, FL has changed in 5 years
Five years ago, renters in Royal Palm Beach, FL paid around $2,464 a month. That figure now sits near $2,713, up 10.1% from the 2022 baseline. On the earnings side, the typical household in Royal Palm Beach, FL now reports about $96,027, up from $84,797 in 2021. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show Royal Palm Beach, FL adding about 1,647 residents over the five-year window, up 4.3% on net. Bachelor's-degree-or-higher attainment moved from 34.4% to 37.4% across the same window. For context, the 2022 to 2026 window covers an unusually volatile run for US rents nationally, and Royal Palm Beach, FL reflects that arc in its own way.
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Can you afford rent in Royal Palm Beach on your salary?
At $2,713/mo, how Royal Palm Beach rent compares to typical pay (30% rule).
Royal Palm Beach rent by bedroom count
Median rent for each apartment size in Royal Palm Beach. Click any size for full breakdown.
Tips for renters in Royal Palm Beach
Last updated: August 17, 2026
The median rent in Royal Palm Beach is $2,713/mo as of August 2026. A studio apartment averages $2,178/mo while a 2-bedroom runs $2,146/mo. One-bedroom apartments average $2,009/mo and 3-bedroom units go for $2,581/mo.
At 34% of local median household income ($96,027/yr), Royal Palm Beach ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.2% over the past year.
Frequently asked questions
Is Royal Palm Beach an affordable city for renters?
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What percentage of Royal Palm Beach residents rent vs. own?
How does Royal Palm Beach rent compare to the national average?
At $2,713/mo, rent takes ~34% of Royal Palm Beach's median household income ($96,027/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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