
Cheap Apartments for Rent in Palm Beach, FL from $500 (233 Rentals)
Search the lowest-cost Apartments available for rent right now in Palm Beach.


AMBASSADOR PALM BEACH

1069 W 30th St

613 El Prado

Madison Terrace I

321 Conniston Rd

143 W 28th St

4012 Garden Ave

920-920 11th Ave N

1101 N Federal Hwy
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.

Total Monthly Price
1101 N Federal Hwy, Unit 3

901 8th St

312 N J St, Unit 2

405 2nd Ave S

Sunset Place Apartments

Total Monthly Price
801 S Federal Hwy, Unit 103

702 N L St

1016 Douglass Ave

131 E 27th St

702 N L St
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.

4393 Windsor Ave, Unit 2

725 21st St

1101 S L St, Unit 3

627 Bunker Rd

820 21st St

440 Maddock St, Unit 2

506 18th St

718 W 7th St

925 S K St

1101 S K St
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.

1115 S Federal Hwy

801 N H St

Uptown 22

417 N E St

Total Monthly Price
3415 Broadway, Unit 3

620 11th St

800 Douglass Ave

115 Palm St

618 58th St

618 58th St, Unit A
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.

1125 W 28th St

325 N L St

625 N M St

850 Nottingham Blvd, Unit 1

410 N Federal Hwy, Unit The Studio

919 Selkirk St

805 3rd St

413 N Sapodilla Ave

4209 S Olive Ave

718 Executive Center Dr, Unit 111
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.
Palm Beach, FL Local Guide

How much does it cost to rent an apartment in Palm Beach?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Palm Beach Studio Apartments | $2,432 | $1,100 | $3,393 |
| Cheap Palm Beach 1 Bedroom Apartments | $2,415 | $1,195 | $8,500 |
| Cheap Palm Beach 2 Bedroom Apartments | $3,743 | $1,450 | $10,000+ |
| Cheap Palm Beach 3 Bedroom Apartments | $6,054 | $1,595 | $10,000+ |
| Cheap Palm Beach 4 Bedroom Apartments | $11,415 | $3,200 | $10,000+ |
| Palm Beach 5 Bedroom Apartments | $13,603 | $10,000 | $10,000+ |
Browse Top Apartments in Palm Beach
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Palm Beach, FL Local Guide
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Cheapest Neighborhoods for Apartments in Palm Beach, FL
Pricing Updated: 05/31/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Ibis Isle | $10,282 | $1,200 | 41 |
| Breakers Row | $12,576 | $1,350 | 313 |
| Casa Del Lago | $12,576 | $1,350 | 159 |
| Reverie | $12,576 | $1,350 | 316 |
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 1 Bed apartment currently listed from $1,258. Here is today’s list of the most affordable Palm Beach apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lake Mangonia | Tamarind | 2BR,1BA | $1,084 |
| Madison Terrace I | 1-Bed B2 | 1BR,1BA | $1,258 |
| Sunset Place Apartments | 1 BR, 1 BTH | 1BR,1BA | $1,365 |
| The Gwendolyn Apartments | The Gwendolyn Apartments | Studio,1BA | $1,395 |
| 1609 S Federal Hwy Lake Worth, FL 33460 | 1BR/1.0BA | 1BR,1BA | $1,459 |
| 123 S Golfview Rd | 1BR/1.0BA | 1BR,1BA | $1,495 |
| 225 Ocean Breeze Lake Worth, FL 33460 | 1BR/1.0BA | 1BR,1BA | $1,525 |
| 1406 Barton Rd | 1/1 | 1BR,1BA | $1,550 |
Best Value Apartments for Rent in Palm Beach, FL
As of May 31, 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 Dahlia Model at Aviara On The Ave starting at $2,650 with a $1.63 price per square foot in the South Palm Park neighborhood. Here is today’s list of the best values for Palm Beach apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Flagler Townhomes | Flagler | 2BR,2.5BA | $2.26 |
| Aviara On The Ave | Dahlia | 2BR,2BA | $1.63 |
| 360 Wilma Cir. | 3/2 | 3BR,2BA | $2.19 |
| Piper Village West | 3 Bedroom Garden | 3BR,2BA | $2.02 |
| 710 7th St, Unit 4 | 710 7th St | 2BR,1BA | $1.77 |
| 3415 Broadway, Unit 3 | 3415 Broadway | 1BR,1BA | $2.07 |
| Sunset Place Apartments | 1 BR, 1 BTH | 1BR,1BA | $1.89 |
| Lake Mangonia | Tamarind | 2BR,1BA | $1.57 |
| 1609 S Federal Hwy Lake Worth, FL 33460 | 1BR/1.0BA | 1BR,1BA | $2.17 |
| Madison Terrace I | 1-Bed A2 Accessible | 1BR,1BA | $2.14 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Cheap Palm Beach Apartments
What is the Cheapest Studio apartment in Palm Beach?
Currently the most affordable Cheap Studio Apartment in Palm Beach is at The Gwendolyn Apartments listed at $1,395.
How much is rent for a Cheap One Bedroom Palm Beach Apartment?
The lowest price for a Cheap One Bedroom Palm Beach Apartment is $1,258 at Madison Terrace I.
What is the lowest price for a Cheap Two Bedroom Palm Beach Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Palm Beach is starting from $1,084 at Lake Mangonia.
What is the most affordable Palm Beach Three Bedroom Apartment?
The best deal on a cheap Palm Beach Three Bedroom Apartment rental is at Piper Village West and starts from $2,350.
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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.