Cheap Homes for Rent in Palm Beach, FL from $1,200 (203 Rentals)

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property at 1 S Lakeside Dr

1 S Lakeside Dr

Lake Worth BeachFL33460

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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property at 919 2nd St

919 2nd St

West Palm BeachFL33401
property at 201 S J St

201 S J St

Lake Worth BeachFL33460

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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property at 1615 S Federal Hwy

1615 S Federal Hwy

Lake Worth BeachFL33460
property at 439 46th St

439 46th St, Unit 2

439 46th St
West Palm BeachFL33407
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Palm Beach, FL Local Guide

Cheapest Neighborhoods for Apartments in Palm Beach, FL

Pricing Updated: 06/02/2025

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
Ibis Isle$10,250$1,350152
Breakers Row$60,000$1,400164
Reverie$60,000$1,400155
Casa Del Lago$75,000$1,400171

Cheapest Available Palm Beach Apartments for Rent

 

The cheapest available apartment rental in Palm Beach, FL is a 2 Beds unit found at Lakeside Commons in the Palm Beach Lakes neighborhood priced from $690. The Gwendolyn Apartments in the Northwood neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,450. Here is today’s list of the most affordable Palm Beach apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lakeside Commons2 Bedroom 2 Bath2BR,2BA$690
The Gwendolyn ApartmentsThe Gwendolyn ApartmentsStudio,1BA$1,450
123 S Golfview Rd1BR/1.0BA1BR,1BA$1,495
Uptown 22One Bedroom One Bath (510 Sq. Ft)1BR,1BA$1,500
15 N Ocean BreezeStudio, 1 bathStudio,1BA$1,595
310 Lake Shore Dr1BR/1.0BA1BR,1BA$1,595

Best Value Apartments for Rent in Palm Beach, FL

As of June 02, 2025 the best value apartment in the Palm Beach area is the $1.67 price per square foot Flagler Model at Flagler Townhomes in the in the Northwood neighborhood starting from $4,500. The second greatest value Palm Beach apartment is the 3 Bedroom Townhouse Model at Piper Village West starting at $2,350 with a $2.01 price per square foot in the Villages Of Palm Beach 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 TownhomesFlagler3BR,2.5BA$1.67
Piper Village West3 Bedroom Townhouse3BR,2BA$2.01
The BohemianThe Eccentric2BR,2BA$2.29
The MID Apartment ResidencesThe Urban - B1 LL2BR,2BA$2.37
Lakeside Commons2 Bedroom 2 Bath2BR,2BA$0.72
502 S Lake Dr, Unit W502 S Lake Dr1BR,1BA$1.95
122 Detroit St, Unit 05122 Detroit St1BR,1BA$1.83
212 N K St2BR/1.0BA2BR,1BA$2.25
310 Lake Shore Dr1BR/1.0BA1BR,1BA$1.87
Aviara On The AveGardenia1BR,1BA$2.37

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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Frequently Asked Questions about Palm Beach

What type of rentals are currently available in Palm Beach?

There are currently 1232 Apartments for Rent in Palm Beach, FL with pricing that ranges from $1,000 to $42,000. There are also 835 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palm Beach ranging from $1,295 to $90,000.

What is the current price range for Rental Homes in Palm Beach?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Palm Beach ranges from $1,295 to $90,000 with an average monthly rent of $19,011.

How much are larger Three and Four Bedroom Rentals in Palm Beach?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Palm Beach range from $1,950 to $29,956, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $70,000. Four Bedroom Single-Family rentals are also available starting from $2,900 and Four Bedroom Apartments start at $2,765.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.