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Palm Beach, FL

Full City Profile · Florida · Palm Beach County County

3.0 /5.0
B Good
9,234 Population 2,430/sq mi density
$175,078 Median Income $211,812 per capita
$1,996,700 Home Value $2,099,360 Zillow
$1,849 Median Rent 24.8% income on rent
76°F Avg Temperature 330 sunny days/yr
90 Violent Crime/100K 1,092 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$175,078 median income, 1.6% unemployment
F
Affordability
1.0 / 5.0
$1,996,700 home value, $1,849/mo rent
F
Safety
1.0 / 5.0
90 violent crimes/100K
A+
Education
5.0 / 5.0
68.4% bachelor's degree or higher

Housing Overview

Median Home Value
$1,996,700
608% above
US avg: $281,900
Median Rent
$1,849/mo
59% above
US avg: $1,163/mo
Homeownership Rate
82.7%
26% above US avg (65.4%)
Total Housing Units
10,279
Median year built: 1971

Home Value by Source

Census Median
$1,996,700
Zillow (ZHVI)
$2,099,360
Median Sale Price
$3,950,000
Median List Price
$2,295,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

82.7%
Owner-Occupied
17.3%
Renter-Occupied
83%
17%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,788/mo
1 Bedroom
$1,901/mo
2 Bedroom
$2,254/mo
3 Bedroom
$2,920/mo
4 Bedroom
$3,388/mo
Census median rent: $1,849/mo · Zillow rent: $7,253/mo

Market Indicators (Redfin)

Median Days on Market
106 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
24
Price Drops
27.1%
of listings with price reduction
Price Per Sq Ft
$1,831
Active Inventory
351
homes for sale

Affordability & Housing Stock

Rent Burden
24.8%
of renters spending 30%+ of income on housing
20% below US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
82.7%

Complete Housing Data

Home Values

Census Median Value$1,996,700
Zillow Home Value (ZHVI)$2,099,360
Median Sale Price$3,950,000
Median List Price$2,295,000
Price Per Sq Ft$1,831

Rent

Census Median Rent$1,849
Zillow Rent (ZORI)$7,253
FMR Studio$1,788
FMR 1-Bedroom$1,901
FMR 2-Bedroom$2,254
FMR 3-Bedroom$2,920
FMR 4-Bedroom$3,388

Market

Days on Market106
Sale-to-List Ratio0.9%
Price Drops27.1%
Homes Sold24
Active Inventory351
Price Per Sq Ft$1,831

Ownership & Stock

Owner-Occupied82.7%
Renter-Occupied17.3%
Homeownership Rate82.7%
Total Housing Units10,279
Median Year Built1971
Rent Burden24.8%