Palm Beach Shores, Florida Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Palm Beach Shores, Florida rental market.
Palm Beach Shores, Florida
Average Apartment Rent
$2,475
Y-o-Y Change in Average
Apartment Rent
3.2%
As of May 2026
Compared to a year ago, Palm Beach Shores, Florida apartments have recorded a 3.2% rent increase.
Palm Beach Shores, Florida Average apartment rent trend
Palm Beach Shores, Florida Average Apartment Rent
Palm Beach Shores, Florida Apartment rent ranges
At 33.17%, apartments priced $2,000 - $2,500 represent the bulk of Palm Beach Shores, Florida rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 3.66%.
Palm Beach Shores, Florida Housing tenure**
Renters take up 42% of Palm Beach Shores, Florida real estate, occupying a total of 303 units, while homeowners live in 424 properties.
Median number of rooms of renter-occupied housing units**
3.2
Renter median household income**
$52,734
Average household size of renter-occupied housing units**
1.21
Rental vacancy rate**
24.6%
Palm Beach Shores, Florida Renter-occupied housing units by no. of bedrooms**
There are 124 rentals in Palm Beach Shores, Florida with 1 bed making up the highest share of the market, at 41%. Units with No bedrooms, on the other hand, hold the lowest percentage (11%), amounting to 34 units. Overall, the median number of rooms in Palm Beach Shores, Florida homes for rent is 3.2.
Palm Beach Shores, Florida Renter-occupied units by age of householder**
Most condos for rent in Palm Beach Shores, Florida are occupied by residents in the 55 - 59 years age group (20%), followed by those in the 65 - 74 years age group (19%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 1%.
Palm Beach Shores, Florida Renter-occupied housing units by family type**
Palm Beach Shores, Florida Renter-occupied housing units by the presence of own children**
A total of 59 apartments for rent in Palm Beach Shores, Florida, or 19% of all rentals are family households. Additionally, 1% of rental homes include children under the age of 18 – that’s 2 units. All in all, the median size of a renter-occupied household in Palm Beach Shores, Florida is 1.21.
Palm Beach Shores, Florida Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 53% of the rental market. In contrast, residents with less than a high school degree reside in 14% of the homes for rent in Palm Beach Shores, Florida.
Palm Beach Shores, Florida Renter-occupied units by year structure built**
The highest share of Palm Beach Shores, Florida apartment rentals, namely 43% or 130 units, were Built 1950 - 1959, followed by those Built 1960 - 1969 (19%, 59 units), and the ones Built 1970 - 1979 (19%, 59 units).
Palm Beach Shores, Florida Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Palm Beach Shores, Florida renters (42%) moved in 2018 to 2020, while only 2% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Palm Beach Shores, Florida condos for rent is 2018.
Palm Beach Shores, Florida Renter-occupied housing units by vehicles available**
When it comes to transportation options, 71% of Palm Beach Shores, Florida renters have 1 vehicle available per household, 20% of them have No vehicle available, and 9% have 2 or more vehicles available.
Palm Beach Shores, Florida Means of transportation to work of householders living in renter-occupied housing units**
Palm Beach Shores, Florida Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Palm Beach Shores, Florida apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
