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ZIP Code · FL

ZIP 33406

Pop. 26,945·Palm Beach County·161st most expensive ZIP in Florida
Median rent (all units)
$2,485/mo
Year-over-Year
+10.1%
Month-over-Month
+1.2%
vs US Median
+$520
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 33406 · $2,485
More expensive than 79% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,630
1 BR
$1,740
2 BR
$2,060
3 BR
$2,670
4 BR+
$3,100
Research median
$2,060/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
$29,820/yr
At $2,485/mo median
Location
StateFL
CountyPalm Beach County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 10.1% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+10.1% YoY, +1.2% MoM), not inventory.
Demographics

Who lives here

ZIP 33406 (West Palm Beach, FL) is majority owner-occupied, 25.6% of residents hold a bachelor's degree or higher.

Population
26,945
Median income
$77,075
Median age
38.6
Renters
37.7%
Age distribution
21.2%
23.1%
31.4%
15.1%
Under 1821.2%
18–3423.1%
35–5431.4%
55–649.2%
65+15.1%
Gender
48.5%
51.5%
Male48.5%
Female51.5%
Race & ethnicity
40.6%
53.7%
White40.6%
Black8.2%
Hispanic53.7%
Asian2.5%
Education (25+)
16.7%
34.5%
23.2%
25.6%
No HS diploma16.7%
HS diploma34.5%
Some college23.2%
Bachelor's+25.6%
Housing tenure
62.3%
37.7%
Owner62.3%
Renter37.7%

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

2021 vs 2026

How ZIP 33406 in West Palm Beach, FL has changed in 5 years

Income
$65,035 → $77,075
up 18.5%
Population
26,006 → 26,945
up 3.6%
Renter share
32.8% → 37.7%
+4.9 pts
Bachelor's+
21.6% → 25.6%
+4.0 pts

Household income in the area moved from $65,035 to $77,075 across the same window, up 18.5% versus 2021. Census counts show ZIP 33406 in West Palm Beach, FL adding about 939 residents over the five-year window, up 3.6% on net. The renter share has risen from 32.8% to 37.7%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 21.6% to 25.6% across the same window.

Community

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Local insights

Tips for renters in ZIP 33406

About renting in ZIP 33406

Last updated: July 20, 2026

ZIP code 33406 covers West Palm Beach, FL. The median rent here is $2,485/mo as of July 2026. A 1-bedroom rents for a median of $1,740/mo. A 2-bedroom rents for a median of $2,060/mo.

At 39% of local median household income ($77,075/yr), ZIP 33406 ranks as moderate compared to the national benchmark of 30%. Rents have increased 10.1% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 33406?

As of July 20, 2026, the median monthly rent in ZIP 33406 (West Palm Beach, FL) is $2,485. This is based on aggregated data from public sources and community submissions.

How does ZIP 33406 rent compare to the US average?

ZIP 33406's median rent of $2,485/mo is $520 (26%) above the US national median of $1,965/mo.

How does ZIP 33406 compare to other ZIPs in Florida?

ZIP 33406 is one of the pricier ZIP codes in Florida, ranking #161 out of 662 ZIPs tracked at $2,485/mo.

How much income do you need to rent in ZIP 33406?

To keep rent at or below 30% of gross income, you would need to earn at least $99,000/year (~$48/hour full-time) to afford the median rent of $2,485/mo in ZIP 33406. The local median household income is $77,075/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 33406?

Rent in ZIP 33406 has increased 10.1% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 33406 an affordable place to rent?

ZIP 33406 is considered moderate for renters. At $2,485/mo, rent takes approximately 39% of the local median household income ($77,075/yr). The standard benchmark is 30%. ZIP 33406 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 33406 residents rent vs. own?

According to Census data, approximately 37.7% of ZIP 33406 households are renters, while 62.3% are owner-occupied. ZIP 33406 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 33406 compare to the rest of West Palm Beach?

ZIP 33406 is pricier than West Palm Beach as a whole. At $2,485/mo, it's $93 above the West Palm Beach citywide median of $2,392/mo.

When was rent data for ZIP 33406 last updated?

Rent data for ZIP 33406 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
39%
MODERATE

At $2,485/mo, rent takes ~39% of ZIP 33406's median household income ($77,075/yr). The standard benchmark is 30%.

ZIP 33406 39%Benchmark 30%
State income taxNone
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