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South Palm Beach, FL

Full City Profile · Florida · Palm Beach County County

3.9 /5.0
B+ Good
1,667 Population 15,155/sq mi density
$79,583 Median Income $101,258 per capita
$374,200 Home Value $360,414 Zillow
$1,750 Median Rent 26.0% income on rent
76°F Avg Temperature 330 sunny days/yr
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$79,583 median income, 1.0% unemployment
A
Affordability
4.0 / 5.0
$374,200 home value, $1,750/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
4.5 / 5.0
44.2% bachelor's degree or higher

Housing Overview

Median Home Value
$374,200
33% above
US avg: $281,900
Median Rent
$1,750/mo
50% above
US avg: $1,163/mo
Homeownership Rate
88.6%
35% above US avg (65.4%)
Total Housing Units
1,979
Median year built: 1975

Home Value by Source

Census Median
$374,200
Zillow (ZHVI)
$360,414
Median Sale Price
$890,000
Median List Price
$372,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

88.6%
Owner-Occupied
11.4%
Renter-Occupied
89%
11%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,212/mo
1 Bedroom
$1,296/mo
2 Bedroom
$1,526/mo
3 Bedroom
$1,971/mo
4 Bedroom
$2,261/mo
Census median rent: $1,750/mo

Market Indicators (Redfin)

Median Days on Market
511 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
2
Price Drops
18.1%
of listings with price reduction
Price Per Sq Ft
$511
Active Inventory
72
homes for sale

Affordability & Housing Stock

Rent Burden
26.0%
of renters spending 30%+ of income on housing
16% below US avg (31.0%)
Median Year Built
1975
Average age of housing stock: 51 years
Homeownership Rate
88.6%

Complete Housing Data

Home Values

Census Median Value$374,200
Zillow Home Value (ZHVI)$360,414
Median Sale Price$890,000
Median List Price$372,000
Price Per Sq Ft$511

Rent

Census Median Rent$1,750
FMR Studio$1,212
FMR 1-Bedroom$1,296
FMR 2-Bedroom$1,526
FMR 3-Bedroom$1,971
FMR 4-Bedroom$2,261

Market

Days on Market511
Sale-to-List Ratio0.9%
Price Drops18.1%
Homes Sold2
Active Inventory72
Price Per Sq Ft$511

Ownership & Stock

Owner-Occupied88.6%
Renter-Occupied11.4%
Homeownership Rate88.6%
Total Housing Units1,979
Median Year Built1975
Rent Burden26.0%