ZIP 33401
Is your rent fair?
Compare your rent to the local median.
Rent by unit size
Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: October 17, 2026
What the numbers show
July. Asking rents in ZIP 33401 usually run 1.5% below trend in July and 1.2% above it in February, about $76 a month apart at today's median. Based on 11 years of data.
Rent in ZIP 33401 is at its highest level since Zillow's records here began in January 2015.
Rent in ZIP 33401 changed +6.0% over the year to September 2026. Across the 623 Florida ZIP codes Zillow tracks, the typical change was +1.8%.
From 2019 to 2024, rent in ZIP 33401 rose 62.1% while median household income rose 33.7% ($50,824 to $67,967). Rent outpaced income.
Rent in ZIP 33401 is 74.9% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 11 months in a row, and rose in 11 of the last 12 months.
30% of the median household income ($67,967) is $1,699 a month. That is less than HUD's Fair Market Rent for a studio ($1,800).
6th cheapest of 7 ZIP codes in West Palm Beach.
ZIP 33409, 2 miles away, rents for 26% less ($2,065/mo), about $8,800 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 33401. 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.
Who lives here
ZIP 33401 (West Palm Beach, FL) is majority renter-occupied, has a large retiree population, 43.3% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 33401 in West Palm Beach, FL has changed in 5 years
The median rent in ZIP 33401 in West Palm Beach, FL stood at $1,792 in 2021 and currently runs about $2,797, reflecting a 56.1% increase over the period. Median household income rose from $49,554 to $67,967 between 2021 and 2024, a 37.2% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 8.2% since 2021, moving from about 31,144 residents to roughly 33,698. Renters now make up 62.5% of households, compared with 65.4% five years ago. College-educated residents now make up 43.3% of adults here, versus 39.9% in 2021. Taken together, the five-year picture in ZIP 33401 in West Palm Beach, FL reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.
Discussions about ZIP 33401
No discussions yet. Start the conversation.
Tips for renters in ZIP 33401
Last updated: October 17, 2026
ZIP code 33401 covers West Palm Beach, FL. The median rent here is $2,797/mo as of October 2026. A 1-bedroom rents for a median of $1,910/mo. A 2-bedroom rents for a median of $2,270/mo.
At 49% of local median household income ($67,967/yr), ZIP 33401 ranks as moderate compared to the national benchmark of 30%. Rents have increased 6.0% over the past year.
Frequently asked questions
How much income do you need to rent in ZIP 33401?
Is rent going up or down in ZIP 33401?
When is the cheapest time to rent in ZIP 33401?
Has rent outpaced income in ZIP 33401?
How does ZIP 33401 compare to other ZIPs in Florida?
How does ZIP 33401 compare to the rest of West Palm Beach?
At $2,797/mo, rent takes ~49% of ZIP 33401's median household income ($67,967/yr). The standard benchmark is 30%.
How does this area stack up?
Pick another city or ZIP to compare.
Be the first to submit your rent for this ZIP.
No discussions yet.