Cheap Apartments for Rent in Palm Beach, FL from $500 (299 Rentals)

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Search the lowest-cost Apartments available for rent right now in Palm Beach.

property at 3500 S Ocean Blvd

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900
Total Monthly Price
$1,900

1 Bedroom, 1 Bath Condo for Rent

Available May 1

3500 S Ocean Blvd, Unit 405, Unit 405

3500 S Ocean Blvd
Palm BeachFL33480
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AMBASSADOR PALM BEACH
Studio to 3 Bedroom Apartments

AMBASSADOR PALM BEACH

2730 S Ocean BlvdPalm Beach, FL 33480
Corporate Housing
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445 Brazilian Ave
Studio to 1 Bedroom Apartments

445 Brazilian Ave

445 Brazilian AvePalm Beach, FL 33480
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 312 N J St

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350
Total Monthly Price
$1,350

Studio, 1 Bath Townhome for Rent

Available May 15

312 N J St, Unit 2, Unit 2

312 N J St
Lake WorthFL33460

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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property at 531 C St

$1,400 - $1,425

1 Bedroom Rentals

Available Now

531 C St

Lake Worth BeachFL33460
property at 925 S K St

$1,450 - $1,550

1 Bedroom Rentals

Available Now

925 S K St

Lake Worth BeachFL33460

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-50, Page 1 of 6

Palm Beach, FL Local Guide

Cheapest Neighborhoods for Apartments in Palm Beach, FL

Pricing Updated: 04/15/2026

Current apartment rentals in the Palm Beach, FL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Palm Beach Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Casa Del Lago$4,950$1,350142
Ibis Isle$11,455$1,30049
Breakers Row$26,773$1,350325
Reverie$26,773$1,350333

Cheapest Available Palm Beach Apartments for Rent

 

The cheapest available apartment rental in Palm Beach, FL is a 2 Beds unit found at Lake Mangonia in the Spencer Lakes neighborhood priced from $1,084. Madison Terrace I in the South Palm Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,100. Here is today’s list of the most affordable Palm Beach apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lake MangoniaTamarind2BR,1BA$1,084
Madison Terrace IStudio DStudio,1BA$1,100
732 S J Street Lake Worth Beach, FL 334600BR/1.0BAStudio,1BA$1,250
Sunset Place Apartments1 BR, 1 BTH1BR,1BA$1,365
523 S K St Lake Worth, FL 334601BR/1.0BA1BR,1BA$1,425
The Gwendolyn ApartmentsThe Gwendolyn ApartmentsStudio,1BA$1,445
Flagler Station1 Bedroom1BR,1BA$1,450
Uptown 221 Bed 1 Bath (510 Sq. Ft.)1BR,1BA$1,550

Best Value Apartments for Rent in Palm Beach, FL

As of April 15, 2026 the best value apartment in the Palm Beach area is the $2.26 price per square foot Flagler Model at Flagler Townhomes in the in the Northwood neighborhood starting from $4,750. The second greatest value Palm Beach apartment is the 3917 Windsor Ave Model at 3917 Windsor Ave, Unit #B starting at $1,500 with a $1.04 price per square foot in the Spencer Lakes neighborhood. Here is today’s list of the best values for Palm Beach apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Flagler TownhomesFlagler2BR,2.5BA$2.26
3917 Windsor Ave, Unit #B3917 Windsor Ave2BR,1BA$1.04
Piper Village West3 Bedroom Townhouse3BR,2BA$2.06
310 S J St, Unit 2310 S J St2BR,2BA$2.23
1200 S Broadway Lantana, FL 334622BR/1.0BA2BR,1BA$2.19
1400 S Broadway Lantana, FL 334622BR/1.0BA2BR,1BA$2.07
Sunset Place Apartments1 BR, 1 BTH1BR,1BA$1.89
Lake MangoniaTamarind2BR,1BA$1.57
523 S K St Lake Worth, FL 334601BR/1.0BA1BR,1BA$2.20
732 S J Street Lake Worth Beach, FL 334600BR/1.0BAStudio ,1BA$2.31

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Palm Beach Apartments

What is a cheap apartment in Palm Beach?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Palm Beach is under $1,550.

What is the price of a cheap apartment in Palm Beach?

The cheapest apartment in Palm Beach is Madison Terrace I which is listed at $1,258, while the average apartment in Palm Beach costs $17,487.

What types of apartments are the cheapest in Palm Beach?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 372 regular apartments in Palm Beach that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Palm Beach?

Cheap apartments in Palm Beach have an average cost of $971 which is $16,516 cheaper than the average rent for all rentals in Palm Beach.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.