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ZIP Code · FL

ZIP 33405

Pop. 19,780·Palm Beach County·64th most expensive ZIP in Florida
Median rent (all units)
$2,975/mo
Year-over-Year
+19.7%
Month-over-Month
+1.5%
vs US Median
+$1,010
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 33405 · $2,975
More expensive than 90% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,440
1 BR
$1,530
2 BR
$1,810
3 BR
$2,350
4 BR+
$2,720
Research median
$1,810/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
$35,700/yr
At $2,975/mo median
Location
StateFL
CountyPalm Beach County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 19.7% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+19.7% YoY, +1.5% MoM), not inventory.
Demographics

Who lives here

ZIP 33405 (West Palm Beach, FL) is majority owner-occupied, 35.3% of residents hold a bachelor's degree or higher.

Population
19,780
Median income
$87,341
Median age
44
Renters
43.7%
Age distribution
17.6%
17.6%
31.9%
13.2%
19.6%
Under 1817.6%
18–3417.6%
35–5431.9%
55–6413.2%
65+19.6%
Gender
53.6%
46.4%
Male53.6%
Female46.4%
Race & ethnicity
49.9%
53.2%
White49.9%
Black2.5%
Hispanic53.2%
Asian1.5%
Education (25+)
17.2%
21.6%
26%
35.3%
No HS diploma17.2%
HS diploma21.6%
Some college26%
Bachelor's+35.3%
Housing tenure
56.3%
43.7%
Owner56.3%
Renter43.7%

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

2021 vs 2026

How ZIP 33405 in West Palm Beach, FL has changed in 5 years

Rent
$1,541 → $2,975
up 93.1%
Income
$68,079 → $87,341
up 28.3%
Population
21,138 → 19,780
down 6.4%
Renter share
41.5% → 43.7%
+2.2 pts
Bachelor's+
30.5% → 35.3%
+4.8 pts
Median age
42.3 → 44
+1.7 yrs

Rent in ZIP 33405 in West Palm Beach, FL has increased 93.1% since 2021, going from about $1,541 per month to roughly $2,975 today. Median household income grew from $68,079 to $87,341 between 2021 and 2024, a 28.3% shift. Rent outpaced income growth by roughly 64.8 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 21,138 to 19,780 between 2021 and 2024, a 6.4% change. About 43.7% of households rent today, against 41.5% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 30.5% to 35.3%. Taken together, the five-year picture in ZIP 33405 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.

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Local insights

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About renting in ZIP 33405

Last updated: July 20, 2026

ZIP code 33405 covers West Palm Beach, FL. The median rent here is $2,975/mo as of July 2026. A 1-bedroom rents for a median of $1,530/mo. A 2-bedroom rents for a median of $1,810/mo.

At 41% of local median household income ($87,341/yr), ZIP 33405 ranks as moderate compared to the national benchmark of 30%. Rents have increased 19.7% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 33405?

As of July 20, 2026, the median monthly rent in ZIP 33405 (West Palm Beach, FL) is $2,975. This is based on aggregated data from public sources and community submissions.

How does ZIP 33405 rent compare to the US average?

ZIP 33405's median rent of $2,975/mo is $1,010 (51%) above the US national median of $1,965/mo.

How does ZIP 33405 compare to other ZIPs in Florida?

ZIP 33405 is one of the pricier ZIP codes in Florida, ranking #64 out of 662 ZIPs tracked at $2,975/mo.

How much income do you need to rent in ZIP 33405?

To keep rent at or below 30% of gross income, you would need to earn at least $119,000/year (~$57/hour full-time) to afford the median rent of $2,975/mo in ZIP 33405. The local median household income is $87,341/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 33405?

Rent in ZIP 33405 has increased 19.7% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 33405 an affordable place to rent?

ZIP 33405 is considered stretched for renters. At $2,975/mo, rent takes approximately 41% of the local median household income ($87,341/yr). The standard benchmark is 30%. ZIP 33405 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 33405 residents rent vs. own?

According to Census data, approximately 43.7% of ZIP 33405 households are renters, while 56.3% are owner-occupied. ZIP 33405 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 33405 compare to the rest of West Palm Beach?

ZIP 33405 is pricier than West Palm Beach as a whole. At $2,975/mo, it's $583 above the West Palm Beach citywide median of $2,392/mo.

When was rent data for ZIP 33405 last updated?

Rent data for ZIP 33405 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
41%
STRETCHED

At $2,975/mo, rent takes ~41% of ZIP 33405's median household income ($87,341/yr). The standard benchmark is 30%.

ZIP 33405 41%Benchmark 30%
State income taxNone
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Public schools near ZIP 33405 (West Palm Beach, FL)

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