What is the rental vacancy rate in Palm Beach, FL?
The rental vacancy rate in Palm Beach, FL is 21.9% (±11.3 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.8% (±1.1 points).
5,028 (±429) homes, 47.9% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Palm Beach, the rental vacancy rate went from 3.2% in 2015–2019 to 21.9% in 2020–2024 (+18.7 percentage points), a measurable increase.
Figures last updated on .
- Rental vacancy rate
- 21.9% (±11.3 points)
- Homeowner vacancy rate
- 0.8% (±1.1 points)
- Vacant homes
- 5,028 (±429)
Vacancy in Palm Beach against Palm Beach County, its state and the nation
| Palm Beach | Palm Beach County | Florida | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 21.9% (±11.3 points) | 7.3% (±0.6 points) | 7.6% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 0.8% (±1.1 points) | 1.5% (±0.2 points) | 1.4% (±0.1 points) | 0.9% |
| Vacant housing units | 5,028 (±429) | 114,033 (±2,755) | 1,503,660 (±20,826) | 14,547,859 |
The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.
In Palm Beach, the rental vacancy rate is higher than in Palm Beach County (7.3%).
It is also higher than in Florida (7.6%).
It is higher than the national figure (5.5%).
Rental vacancy rate in places near Palm Beach
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Palm Beach | — | 21.9% (±11.3 points) | — |
| Cloud Lake | 2.3 mi | 0.0% (±88.8 points) | Not measurably different |
| Glen Ridge | 2.7 mi | 46.7% (±53.3 points) | Not measurably different |
| Westgate | 3.5 mi | 5.8% (±4.5 points) | Lower |
| Lake Clarke Shores | 4.0 mi | 0.0% (±41.6 points) | Not measurably different |
| Gun Club Estates | 4.3 mi | 0.0% (±25.4 points) | Not measurably different |
| Pine Air | 4.8 mi | 4.7% (±7.9 points) | Lower |
| Mangonia Park | 4.9 mi | 8.5% (±5.0 points) | Lower |
| Haverhill | 4.9 mi | 8.0% (±9.3 points) | Not measurably different |
Nearby places with a measurably lower figure: Westgate, FL (5.8%), Pine Air, FL (4.7%), Mangonia Park, FL (8.5%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Palm Beach County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 2 | Loxahatchee Groves | 36.1% (±25.3 points) |
| 3 | Palm Beach Shores | 28.1% (±15.4 points) |
| 4 | Highland Beach | 27.5% (±36.3 points) |
| 5 | Westlake | 26.1% (±38.6 points) |
| 6 | Juno Beach | 24.5% (±11.5 points) |
| 7 | South Palm Beach | 23.5% (±25.0 points) |
| 8 | Palm Beach | 21.9% (±11.3 points) |
| 9 | Ocean Ridge | 19.0% (±18.3 points) |
| 10 | Seminole Manor | 15.7% (±22.1 points) |
| 11 | Riviera Beach | 13.8% (±4.6 points) |
| 12 | Hypoluxo | 13.1% (±14.6 points) |
| 13 | Delray Beach | 11.5% (±2.5 points) |
| 14 | Boynton Beach | 10.6% (±2.9 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.
What you can do on Seayora in Palm Beach
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Palm Beach, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Palm Beach beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Palm Beach, and send estimates and invoices from your phone.
Questions about Palm Beach
Is it hard to find a rental in Palm Beach?
The rental vacancy rate in Palm Beach, FL is 21.9% (±11.3 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.
Is the rental market in Palm Beach tighter than it was?
In Palm Beach, the rental vacancy rate went from 3.2% in 2015–2019 to 21.9% in 2020–2024 (+18.7 percentage points), a measurable increase.
How many homes are vacant in Palm Beach?
An estimated 5,028 (±429) housing units, 47.9% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Palm Beach town, Florida
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Palm Beach town, Florida
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) 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_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM
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
- Housing in Palm Beach at a glance
- Median rent in Palm Beach
- Rent by bedrooms in Palm Beach
- Renters and owners in Palm Beach
- Income and affordability in Palm Beach
- Home values in Palm Beach
- Homeowner costs in Palm Beach
- Property taxes in Palm Beach
- Types of homes in Palm Beach
- Bedrooms in Palm Beach
- Age of homes in Palm Beach
- Heating fuel in Palm Beach
- Commute and cars in Palm Beach
- Population growth in Palm Beach
- How long people stay in Palm Beach
- Crowding and facilities in Palm Beach
- Fair Market Rent in Palm Beach
- Florida landlord and tenant rules
- Housing across Palm Beach County
- Florida places ranked by rental vacancy rate
- Housing data for every place in Florida