West Palm Beach (City), FL
April 2026
33401,33405,33407,33409
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,851 – $2,046 | 4.06% | 3.17% |
| 2-Bedroom | $1,925 – $2,128 | 4.21% | -7.15% |
| 3-Bedroom | $2,702 – $2,957 | 1.32% | -1.19% |
| 4-Bedroom | $3,671 – $3,938 | -0.89% | -0.07% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,603 – $1,761 | -2.99% | -3.83% |
| 2-Bedroom | $2,127 – $2,304 | -0.69% | -2.56% |
| 3-Bedroom | $2,672 – $2,877 | 1.39% | -5.34% |
| 4-Bedroom | $3,718 – $3,987 | -2.51% | -2.13% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,706 – $1,819 | -1.56% | -3.07% |
| 2-Bedroom | $2,215 – $2,399 | 3.28% | -0.33% |
| 3-Bedroom | $2,680 – $2,992 | 3.36% | -2.78% |
| 4-Bedroom | $3,001 – $3,350 | -2.22% | -8.48% |
In the West Palm Beach (City) (33401, 33405, 33407, 33409) rental market, 2-bedroom apartments saw median rents reach $2,027, marking a 4.21% increase month-over-month in April. This segment’s MoM rise outpaces larger apartment units, suggesting heightened activity for mid-size apartments this period.
Across West Palm Beach (City) (33401, 33405, 33407, 33409), 1-bedroom condo/townhome rents averaged $1,682, lagging behind 1-bedroom apartments at $1,949—a difference of $267. Both segments registered negative year-over-year shifts in April, indicating increased pressure on smaller-unit pricing.
The data reveal that West Palm Beach (City) (33401, 33405, 33407, 33409) rental trends show a steep decline for 4-bedroom single-family homes, where median rent fell 8.48% year-over-year to $3,176. This price drop represents the largest annual correction among all reported segments.