What percentage of people rent in Palm Beach, FL?
16.3% (±6.7 points) of the occupied homes in Palm Beach, FL are rented (2020–2024 American Community Survey).
That is 894 renting households against 4,585 that own their home.
In Palm Beach, the share of households that rent went from 13.4% in 2015–2019 to 16.3% in 2020–2024 (+2.9 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 16.3% (±6.7 points)
- Renting households
- 894 (±363)
- Median renter income
- $108,889 (±$62,213)
Who rents and who owns in Palm Beach
| Palm Beach | Palm Beach County | Florida | United States | |
|---|---|---|---|---|
| Renter-occupied share | 16.3% (±6.7 points) | 29.9% (±0.5 points) | 32.4% (±0.2 points) | 34.8% |
| Renting households | 894 (±363) | 181,166 (±2,990) | 2,834,163 (±17,461) | 45,017,354 |
| Owning households | 4,585 (±436) | 424,264 (±3,713) | 5,918,647 (±31,594) | 84,210,142 |
| Average renter household size | 1.7 (±0.2) | 2.5 (±0.0) | 2.5 (±0.0) | 2.3 |
| Average owner household size | 1.7 (±0.1) | 2.5 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $108,889 (±$62,213) | $60,689 (±$1,327) | $53,617 (±$353) | $52,966 |
| Median owner household income | $220,391 (±$42,443) | $97,651 (±$1,709) | $88,144 (±$469) | $100,009 |
In Palm Beach, the renter share is lower than in Palm Beach County (29.9%).
It is also lower than in Florida (32.4%).
It is lower than the national figure (34.8%).
In Palm Beach County, Palm Beach ranks 39 of 54 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 631 of 857.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Palm Beach has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 13.4% (±3.7 points) | 16.3% (±6.7 points) | +2.9 percentage points | Not a measurable change |
| Median gross rent | $1,744 (±$353) | $2,311 (±$344) | +32.5% | No measurable change after inflation |
| Median household income | $141,348 (±$17,468) | $168,403 (±$59,823) | +19.1% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Palm Beach
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Palm Beach | — | 16.3% (±6.7 points) | — |
| Cloud Lake | 2.3 mi | 26.9% (±23.7 points) | Not measurably different |
| Glen Ridge | 2.7 mi | 9.0% (±12.0 points) | Not measurably different |
| Westgate | 3.5 mi | 63.5% (±8.7 points) | Higher |
| Lake Clarke Shores | 4.0 mi | 7.1% (±7.8 points) | Not measurably different |
| Gun Club Estates | 4.3 mi | 41.6% (±38.3 points) | Not measurably different |
| Pine Air | 4.8 mi | 56.8% (±14.7 points) | Higher |
| Mangonia Park | 4.9 mi | 68.2% (±10.1 points) | Higher |
| Haverhill | 4.9 mi | 22.5% (±8.0 points) | Not measurably different |
Nearby places with a measurably higher figure: Westgate, FL (63.5%), Pine Air, FL (56.8%), Mangonia Park, FL (68.2%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Palm Beach County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 33 | Hypoluxo | 22.8% (±8.3 points) |
| 34 | Haverhill | 22.5% (±8.0 points) |
| 35 | Jupiter | 21.5% (±1.8 points) |
| 36 | Tequesta | 19.8% (±6.9 points) |
| 37 | Royal Palm Beach | 17.7% (±2.7 points) |
| 38 | Ocean Ridge | 17.0% (±6.3 points) |
| 39 | Palm Beach | 16.3% (±6.7 points) |
| 40 | Briny Breezes | 13.6% (±6.9 points) |
| 41 | South Palm Beach | 12.7% (±5.9 points) |
| 42 | Lake Belvedere Estates | 12.2% (±8.9 points) |
| 43 | Loxahatchee Groves | 9.4% (±5.4 points) |
| 44 | Gulf Stream | 9.2% (±5.8 points) |
| 45 | Glen Ridge | 9.0% (±12.0 points) |
Showing 13 of 54 places in Palm Beach County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Palm Beach
How many renters are there in Palm Beach?
Palm Beach has an estimated 894 (±363) renting households, 16.3% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Palm Beach?
In Palm Beach, the share of households that rent went from 13.4% in 2015–2019 to 16.3% in 2020–2024 (+2.9 percentage points), not a measurable change.
How big are renting households in Palm Beach?
A renting household in Palm Beach has 1.7 people on average, against 1.7 in an owned home.
How much do renters earn in Palm Beach?
The median renting household in Palm Beach, FL has an income of $108,889 (±$62,213) a year, against $220,391 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Palm Beach town, Florida
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Palm Beach town, Florida
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Palm Beach town, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Palm Beach town, Florida
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Palm Beach town, Florida
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Palm Beach town, Florida (place:54025, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Rent by bedrooms in Palm Beach
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- Types of homes in Palm Beach
- Bedrooms in Palm Beach
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- Vacancy rate in Palm Beach
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- Population growth in Palm Beach
- How long people stay in Palm Beach
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- Fair Market Rent in Palm Beach
- Florida landlord and tenant rules
- Housing across Palm Beach County
- Florida places ranked by share of renters
- Housing data for every place in Florida