ZIP Code · FL

ZIP 33409

Part of West Palm Beach, FL

Pop. 33,489·Palm Beach County·334th most expensive ZIP in Florida

Median rent (all units)

$2,065/mo

Year-over-Year

+1.1%

Month-over-Month

+0.2%

vs US Median

+$133

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 33409 · $2,065

More expensive than 64% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,810

1 BR

$1,920

2 BR

$2,280

3 BR

$2,950

4 BR+

$3,430

Research median

$2,280/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

November. Asking rents in ZIP 33409 usually run 1.1% below trend in November and 0.9% above it in June, about $41 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 33409 is 0.5% below its high of $2,076 in November 2024, at $2,065 as of September 2026.

Past year vs. the rest of Florida

Rent in ZIP 33409 changed +1.1% over the year to September 2026. Across the 623 Florida ZIP codes Zillow tracks, the typical change was +1.8%.

Recent direction

Rent has risen 2 months in a row, and rose in 5 of the last 12 months.

What a typical income covers

30% of the median household income ($67,073) is $1,677 a month. That is less than HUD's Fair Market Rent for a studio ($1,810).

Rank in West Palm Beach

1st cheapest of 7 ZIP codes in West Palm Beach.

From Zillow's monthly rent index (ZORI) for ZIP 33409. 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.

Annual cost

$24,780/yr

At $2,065/mo median

Location

CityWest Palm Beach

StateFL

CountyPalm Beach County

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 (+1.1% YoY, +0.2% MoM), not inventory.

Demographics

Who lives here

ZIP 33409 (West Palm Beach, FL) is majority renter-occupied, 27.2% of residents hold a bachelor's degree or higher.

Population

33,489

Median income

$67,073

Median age

34.9

Renters

55.3%

Age distribution

23.2%

27%

28.9%

Under 1823.2%

18–3427%

35–5428.9%

55–649.9%

65+11%

Gender

48.3%

51.7%

Male48.3%

Female51.7%

Race & ethnicity

30.8%

32.5%

35.9%

White30.8%

Black32.5%

Hispanic35.9%

Asian2%

Education (25+)

19.1%

26%

27.6%

27.2%

No HS diploma19.1%

HS diploma26%

Some college27.6%

Bachelor's+27.2%

Housing tenure

44.7%

55.3%

Owner44.7%

Renter55.3%

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

2022 vs 2026

How ZIP 33409 in West Palm Beach, FL has changed in 5 years

Rent

$1,944 → $2,065

up 6.2%

Income

$55,687 → $67,073

up 20.4%

Population

33,146 → 33,489

up 1.0%

Renter share

56.1% → 55.3%

-0.8 pts

Bachelor's+

28.8% → 27.2%

-1.6 pts

Median age

32.6 → 34.9

+2.3 yrs

Across the past five years, the going rent in ZIP 33409 in West Palm Beach, FL has shifted from $1,944 to $2,065, up 6.2% since 2022. On the earnings side, the typical household in ZIP 33409 in West Palm Beach, FL now reports about $67,073, up from $55,687 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 ZIP 33409 in West Palm Beach, FL adding about 343 residents over the five-year window, up 1.0% on net. For context, the 2022 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 33409 in West Palm Beach, FL reflects that arc in its own way.

Community

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Local insights

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About renting in ZIP 33409

Last updated: October 17, 2026

ZIP code 33409 covers West Palm Beach, FL. The median rent here is $2,065/mo as of October 2026. A 1-bedroom rents for a median of $1,920/mo. A 2-bedroom rents for a median of $2,280/mo.

At 37% of local median household income ($67,073/yr), ZIP 33409 ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.1% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 33409?

To keep rent at or below 30% of gross income, you would need to earn at least $83,000/year (about $40/hour full-time) to afford the median rent of $2,065/mo in ZIP 33409. The local median household income is $67,073/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 33409?

Rent in ZIP 33409 has risen 1.1% over the past year as of September 2026. It sits 0.5% below its high of $2,076 in November 2024.

When is the cheapest time to rent in ZIP 33409?

Asking rents in ZIP 33409 are usually lowest in November, about 1.1% below their yearly trend, and highest in June, about 0.9% above it. At today's median that is a gap of roughly $41 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 33409 compare to other ZIPs in Florida?

ZIP 33409 is in the middle among Florida ZIP codes for rent, ranking #334 of 656 at $2,065/mo. Over the year to September 2026, rent in ZIP 33409 changed +1.1%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.