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

Estimate (90% margin of error)
Palm BeachPalm Beach CountyFloridaUnited States
Rental vacancy rate21.9% (±11.3 points)7.3% (±0.6 points)7.6% (±0.2 points)5.5%
Homeowner vacancy rate0.8% (±1.1 points)1.5% (±0.2 points)1.4% (±0.1 points)0.9%
Vacant housing units5,028 (±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

Nearest places with a published estimate, compared with Palm Beach
PlaceDistanceRental vacancy rateCompared with this place
Palm Beach—21.9% (±11.3 points)—
Cloud Lake2.3 mi0.0% (±88.8 points)Not measurably different
Glen Ridge2.7 mi46.7% (±53.3 points)Not measurably different
Westgate3.5 mi5.8% (±4.5 points)Lower
Lake Clarke Shores4.0 mi0.0% (±41.6 points)Not measurably different
Gun Club Estates4.3 mi0.0% (±25.4 points)Not measurably different
Pine Air4.8 mi4.7% (±7.9 points)Lower
Mangonia Park4.9 mi8.5% (±5.0 points)Lower
Haverhill4.9 mi8.0% (±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

RankPlaceRental vacancy rate
2Loxahatchee Groves36.1% (±25.3 points)
3Palm Beach Shores28.1% (±15.4 points)
4Highland Beach27.5% (±36.3 points)
5Westlake26.1% (±38.6 points)
6Juno Beach24.5% (±11.5 points)
7South Palm Beach23.5% (±25.0 points)
8Palm Beach21.9% (±11.3 points)
9Ocean Ridge19.0% (±18.3 points)
10Seminole Manor15.7% (±22.1 points)
11Riviera Beach13.8% (±4.6 points)
12Hypoluxo13.1% (±14.6 points)
13Delray Beach11.5% (±2.5 points)
14Boynton Beach10.6% (±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.

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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

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.

Request a Census API 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 .

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