{
  "schema_version": "1.0",
  "submarket": {
    "slug": "wellington-royal-palm-fl",
    "name": "Wellington / Royal Palm",
    "state": "FL",
    "city": "WEST PALM BEACH",
    "cbsa": "Miami-Fort Lauderdale-West Palm Beach",
    "zip_codes": [
      "33411",
      "33414",
      "33470"
    ]
  },
  "report": {
    "yearmonth": "202604",
    "month_label": "April 2026",
    "first_published_at": "2026-04-20T00:51:19.983Z",
    "last_updated_at": "2026-06-02T12:52:11.806Z"
  },
  "rents": {
    "apartment": {
      "1br": {
        "median": 2004,
        "low": 1924,
        "high": 2084,
        "mom_pct": 1.842924528301887,
        "yoy_pct": 1.574245283018868
      },
      "2br": {
        "median": 2335,
        "low": 2218,
        "high": 2452,
        "mom_pct": 2.5016847826086956,
        "yoy_pct": 0.9039130434782608
      },
      "3br": {
        "median": 2543,
        "low": 2403,
        "high": 2683,
        "mom_pct": -8.137589285714284,
        "yoy_pct": -6.437946428571428
      },
      "4br": {
        "median": 3880,
        "low": 3744,
        "high": 4016,
        "mom_pct": 2.965625,
        "yoy_pct": 2.644375
      }
    },
    "condo_townhome": {
      "1br": {
        "median": 1826,
        "low": 1768,
        "high": 1885,
        "mom_pct": -6.671081081081081,
        "yoy_pct": -5.2208108108108116
      },
      "2br": {
        "median": 2214,
        "low": 2103,
        "high": 2325,
        "mom_pct": -1.8405844155844155,
        "yoy_pct": -2.0802597402597405
      },
      "3br": {
        "median": 2680,
        "low": 2541,
        "high": 2820,
        "mom_pct": -1.8035714285714284,
        "yoy_pct": -4.509285714285714
      },
      "4br": {
        "median": 3471,
        "low": 3332,
        "high": 3610,
        "mom_pct": -4.56,
        "yoy_pct": -8.3096
      }
    },
    "single_family": {
      "1br": {
        "median": 1913,
        "low": 1852,
        "high": 1975,
        "mom_pct": -5.404705882352941,
        "yoy_pct": -3.8011764705882354
      },
      "2br": {
        "median": 2749,
        "low": 2647,
        "high": 2850,
        "mom_pct": 4.695161290322581,
        "yoy_pct": 5.773225806451613
      },
      "3br": {
        "median": 3385,
        "low": 3199,
        "high": 3572,
        "mom_pct": 4.131260869565217,
        "yoy_pct": 0.8308260869565216
      },
      "4br": {
        "median": 3930,
        "low": 3694,
        "high": 4166,
        "mom_pct": 5.76532894736842,
        "yoy_pct": -0.5399342105263157
      }
    }
  },
  "vacancy": 4.1647,
  "days_on_market": {
    "apartment": 38,
    "condo_townhome": 36,
    "single_family": 30
  },
  "ai_summary": [
    {
      "headline": "1BR condo rents drop 6.7% MoM",
      "body": "In the Wellington / Royal Palm (33411, 33414, 33470) rental market, 1-bedroom condo/townhome units saw median rent fall -6.67% month-over-month to $1,826, and are down -5.22% year-over-year. Compared to apartments, which rose by 1.84% MoM to $2,004, condos/townhomes in Wellington / Royal Palm (33411, 33414, 33470) are clearly under pressure."
    },
    {
      "headline": "4BR single-family jumps 5.8% MoM",
      "body": "Despite a slight YoY decrease of -0.54%, 4-bedroom single-family homes in Wellington / Royal Palm (33411, 33414, 33470) experienced the market’s strongest monthly growth, rising 5.77% MoM to a median rent of $3,930. This growth sharply contrasts with the -4.56% MoM drop for 4-bedroom condos/townhomes, which now rent for $3,471."
    },
    {
      "headline": "2BR single-family exceeds apartments by $414",
      "body": "Broadening the view, Wellington / Royal Palm (33411, 33414, 33470) rental trends indicate that 2-bedroom single-family homes command the highest rents for this bedroom count at $2,749, up 4.70% MoM and 5.77% YoY. This segment leads 2-bedroom apartments by $414 and tops 2-bedroom condos/townhomes by $535, reflecting substantial premium for detached living."
    }
  ],
  "summary": {
    "canonical": [
      "As of April 2026, rental prices in Wellington / Royal Palm, FL range from $1,826 to $3,930 per month depending on property type and bedroom count.",
      "The largest year-over-year change was a -8.31% decrease for 4BR condo/townhome units in Wellington / Royal Palm, FL.",
      "For 2BR rentals in Wellington / Royal Palm, FL, single-family homes have a median rent of $2,749 while apartments are at $2,335."
    ],
    "qa": [
      {
        "question": "What is the typical rent range for apartments, condos, and single-family homes in Wellington / Royal Palm, FL?",
        "answer": "As of April 2026, rents in Wellington / Royal Palm, FL span from $1,826 for 1BR condo/townhome units up to $3,930 for 4BR single-family homes."
      },
      {
        "question": "How much higher are single-family rents compared to condos/townhomes for the same bedroom count in Wellington / Royal Palm, FL?",
        "answer": "For 2BR units in April 2026, single-family homes rent for $2,749 compared to $2,214 for condos/townhomes—a premium of $535 per month."
      },
      {
        "question": "What is the rent difference between apartments and condos/townhomes for the same bedroom count in Wellington / Royal Palm, FL?",
        "answer": "For 1BR units, apartments have a median rent of $2,004 while condos/townhomes are at $1,826, resulting in an apartment premium of $178 per month."
      },
      {
        "question": "Which property type and bedroom segment in Wellington / Royal Palm, FL experienced the biggest month-over-month change in April 2026?",
        "answer": "The sharpest month-over-month movement was for 4BR single-family homes, which increased 5.77% from the previous month."
      }
    ]
  },
  "history": [
    {
      "yearmonth": "202604",
      "month_label": "April 2026",
      "rents": {
        "apartment": {
          "1br": 2004,
          "2br": 2335,
          "3br": 2543,
          "4br": 3880
        },
        "condo_townhome": {
          "1br": 1826,
          "2br": 2214,
          "3br": 2680,
          "4br": 3471
        },
        "single_family": {
          "1br": 1913,
          "2br": 2749,
          "3br": 3385,
          "4br": 3930
        }
      }
    },
    {
      "yearmonth": "202603",
      "month_label": "March 2026",
      "rents": {
        "apartment": {
          "1br": 1988,
          "2br": 2314,
          "3br": 2777,
          "4br": 3687
        },
        "condo_townhome": {
          "1br": 2018,
          "2br": 2276,
          "3br": 2721,
          "4br": 3635
        },
        "single_family": {
          "1br": 1993,
          "2br": 2616,
          "3br": 3273,
          "4br": 3758
        }
      }
    },
    {
      "yearmonth": "202602",
      "month_label": "February 2026",
      "rents": {
        "apartment": {
          "1br": 1990,
          "2br": 2237,
          "3br": 2759,
          "4br": 3768
        },
        "condo_townhome": {
          "1br": 1992,
          "2br": 2071,
          "3br": 2662,
          "4br": 3698
        },
        "single_family": {
          "1br": 2035,
          "2br": 2609,
          "3br": 3289,
          "4br": 3737
        }
      }
    },
    {
      "yearmonth": "202601",
      "month_label": "January 2026",
      "rents": {
        "apartment": {
          "1br": 1988,
          "2br": 2335,
          "3br": 2758,
          "4br": 3829
        },
        "condo_townhome": {
          "1br": 2035,
          "2br": 2099,
          "3br": 2656,
          "4br": 3804
        },
        "single_family": {
          "1br": 2040,
          "2br": 2611,
          "3br": 3291,
          "4br": 3816
        }
      }
    },
    {
      "yearmonth": "202512",
      "month_label": "December 2025",
      "rents": {
        "apartment": {
          "1br": 1987,
          "2br": 2317,
          "3br": 2825,
          "4br": 3909
        },
        "condo_townhome": {
          "1br": 2173,
          "2br": 2193,
          "3br": 2672,
          "4br": 3818
        },
        "single_family": {
          "1br": 2042,
          "2br": 2653,
          "3br": 3343,
          "4br": 3871
        }
      }
    },
    {
      "yearmonth": "202511",
      "month_label": "November 2025",
      "rents": {
        "apartment": {
          "1br": 1983,
          "2br": 2340,
          "3br": 2859,
          "4br": 3936
        },
        "condo_townhome": {
          "1br": 2090,
          "2br": 2178,
          "3br": 2659,
          "4br": 3901
        },
        "single_family": {
          "1br": 2072,
          "2br": 2679,
          "3br": 3373,
          "4br": 3921
        }
      }
    },
    {
      "yearmonth": "202510",
      "month_label": "October 2025",
      "rents": {
        "apartment": {
          "1br": 1976,
          "2br": 2303,
          "3br": 2825,
          "4br": 3879
        },
        "condo_townhome": {
          "1br": 2006,
          "2br": 2151,
          "3br": 2707,
          "4br": 3934
        },
        "single_family": {
          "1br": 2075,
          "2br": 2692,
          "3br": 3416,
          "4br": 3973
        }
      }
    },
    {
      "yearmonth": "202509",
      "month_label": "September 2025",
      "rents": {
        "apartment": {
          "1br": 1967,
          "2br": 2330,
          "3br": 2865,
          "4br": 3775
        },
        "condo_townhome": {
          "1br": 1974,
          "2br": 2195,
          "3br": 2745,
          "4br": 3954
        },
        "single_family": {
          "1br": 2072,
          "2br": 2642,
          "3br": 3369,
          "4br": 3971
        }
      }
    },
    {
      "yearmonth": "202508",
      "month_label": "August 2025",
      "rents": {
        "apartment": {
          "1br": 1954,
          "2br": 2358,
          "3br": 2768,
          "4br": 3787
        },
        "condo_townhome": {
          "1br": 1962,
          "2br": 2234,
          "3br": 2777,
          "4br": 3932
        },
        "single_family": {
          "1br": 2077,
          "2br": 2616,
          "3br": 3364,
          "4br": 4045
        }
      }
    },
    {
      "yearmonth": "202507",
      "month_label": "July 2025",
      "rents": {
        "apartment": {
          "1br": 1942,
          "2br": 2316,
          "3br": 2731,
          "4br": 3766
        },
        "condo_townhome": {
          "1br": 2005,
          "2br": 2216,
          "3br": 2783,
          "4br": 3852
        },
        "single_family": {
          "1br": 2067,
          "2br": 2625,
          "3br": 3409,
          "4br": 4096
        }
      }
    },
    {
      "yearmonth": "202506",
      "month_label": "June 2025",
      "rents": {
        "apartment": {
          "1br": 1955,
          "2br": 2301,
          "3br": 2815,
          "4br": 3801
        },
        "condo_townhome": {
          "1br": 1984,
          "2br": 2283,
          "3br": 2787,
          "4br": 3902
        },
        "single_family": {
          "1br": 2051,
          "2br": 2622,
          "3br": 3388,
          "4br": 4009
        }
      }
    },
    {
      "yearmonth": "202505",
      "month_label": "May 2025",
      "rents": {
        "apartment": {
          "1br": 1965,
          "2br": 2330,
          "3br": 2768,
          "4br": 3787
        },
        "condo_townhome": {
          "1br": 1928,
          "2br": 2305,
          "3br": 2789,
          "4br": 3816
        },
        "single_family": {
          "1br": 2006,
          "2br": 2585,
          "3br": 3375,
          "4br": 3996
        }
      }
    }
  ],
  "links": {
    "data_page": "https://data.estaite.com/submarkets/wellington-royal-palm-fl/",
    "self": "https://data.estaite.com/feeds/wellington-royal-palm-fl.json"
  },
  "license": "CC BY 4.0",
  "license_url": "https://creativecommons.org/licenses/by/4.0/",
  "attribution": "Data provided by Estaite (https://estaite.com)"
}