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20 Luxury Apartments Near Me in Palm Beach, FL
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Cost of Living
16% Rent
vs
84% Own
Renter's Cost vs. Income
Last Updated October 2023
Average Monthly Rent (Census)
Last Updated October 2023
The breakdown of people who rent in Palm Beach, FL is 16% renters and 84% owners. The monthly average cost of rent in Palm Beach is $1,767 per month and the yearly average income is $332,764 per year. This compares to an average rent of $1,230 in FL and $1,003 in the US. This data was last updated in October 2023
Travel and Transport
Commuting to Work
Last Updated October 2023
Residents of Palm Beach, FL spend an average of 24.1 minutes commuting to work. 56% have short commutes under 20 minutes, 33% travel between 20 and 60 minutes, and 11% face longer journeys exceeding an hour, reflecting varying levels of accessibility and distance.
In Palm Beach, FL, 1% of residents rely on public transportation, 6% commute on foot, 1% use bicycles, and 92% opt for other modes such as cars and ride-sharing.
FAQs
What is the average rating of a community in Palm Beach?
The average rating is 2/5 stars.
What is the average price for a 2 Bedrooms + 2 Bathrooms in Palm Beach?
The average price is $9,299.50.
What is the average price for a 1 Bedroom + 1 Bathroom in Palm Beach?
The average price is $2,711.25.
What is the average monthly rent for Palm Beach?
Based on 2023 city data, the average monthly rent is $1,767.00.
What is the average commute time?
Based on 2017 city data, the average commute is 24.1 mins.