Cheap Apartments for Rent in West Palm Beach, FL from $500 (133 Rentals)

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

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1539 Magnolia Dr
$1,500 - $1,600
Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $1,600
Total Monthly Price
$1,500 - $1,600
Studio to 2 Bedroom Apartment Available Now

1539 Magnolia Dr

1539 Magnolia DrWest Palm Beach, FL 33417
Affordability
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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 131 E 27th St

$1,500 - $2,750

1 To 4 Bedroom Rentals

Available Now

131 E 27th St

West Palm BeachFL33404
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The Abbey At Northlake
Rent Specials
$1,509 - $2,004
Total Monthly Price

Total Monthly Price

Base Rent
$1,509 - $2,004
Total Monthly Price
$1,509 - $2,004
1 to 3 Bedroom Apartments Available Now

The Abbey At Northlake

2304 N Congress AveWest Palm Beach, FL 33404
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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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Palm Beach Preserve
Rent Specials
$1,605 - $4,199
Total Monthly Price

Total Monthly Price

Base Rent
$1,605 - $4,199
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Palm Beach Preserve

7080 Banyan Leaf DrWest Palm Beach, FL 33413
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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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property at 112 W 34th St

$1,650 - $2,175

1 To 2 Bedroom Rentals

Available May 15

112 W 34th St

West Palm BeachFL33404

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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Royal Poinciana
1 to 3 Bedroom Apartments

Royal Poinciana

5500 N Haverhill Rd NWest Palm Beach, FL 33407
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Presidents Walk
1 to 2 Bedroom Apartments

Presidents Walk

1625 N Congress AveWest Palm Beach, FL 33401
  • Utilities Included
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Malibu Bay
1 to 3 Bedroom Apartments

Malibu Bay

750 Malibu Bay DrWest Palm Beach, FL 33401

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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West Palm Beach, FL Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in West Palm Beach, FL

Pricing Updated: 05/08/2026

Current apartment rentals in the West Palm Beach, FL area range in price from $1,000 to $50,000 with an overall median price of $6,795. The three West Palm Beach neighborhoods with the lowest median rent pricing are Baywinds at $1,321, Golden Lakes at $1,321, and Pinewood Lake at $1,440. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for West Palm Beach Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Baywinds$2,125$1,32139
Golden Lakes$2,173$1,32124
Pinewood Lake$2,263$1,44032
Cresthaven$2,268$1,00058
Abbey Park$2,271$1,44059
Cannongate$2,271$1,44067
Forest Hill Village$2,271$1,00053
Palm Beach Shores$2,400$1,7704
Southwest West Palm Beach$2,500$1,4908
Southend$2,570$1,25030

Cheapest Available West Palm Beach Apartments for Rent

 

The cheapest available apartment rental in West Palm Beach, FL is a 1 Bed unit found at Malibu Bay in the Palm Beach Lakes neighborhood priced from $970. Lake Mangonia in the Spencer Lakes neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,084. Here is today’s list of the most affordable West Palm Beach apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Malibu Bay1Bedroom 1Bath1BR,1BA$970
Lake MangoniaTamarind2BR,1BA$1,084
St. Andrews Palm BeachPalmer1BR,1BA$1,321
Sunset Place Apartments1 BR, 1 BTH1BR,1BA$1,365
The Gwendolyn ApartmentsThe Gwendolyn ApartmentsStudio,1BA$1,445
Coronado Springs ApartmentsCoronado Springs - Palm Renovated1BR,1BA$1,449
Brandon Palm Springs Apartment HomesStudio RenovatedStudio,1BA$1,450
ShadetreeThe Hampton1BR,1BA$1,465

Best Value Apartments for Rent in West Palm Beach, FL

As of May 08, 2026 the best value apartment in the West Palm Beach area is the $1.45 price per square foot 4BR/3.0BA Model at Argos Santorini LLC in the in the Monteverde neighborhood starting from $2,750. The second greatest value West Palm Beach apartment is the 3BR/2.0BA Model at Maridadi West Palm Beach starting at $2,575 with a $1.61 price per square foot in the Villages Of Palm Beach Lakes neighborhood. Here is today’s list of the best values for West Palm Beach apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Argos Santorini LLC4BR/3.0BA4BR,3BA$1.45
Maridadi West Palm Beach3BR/2.0BA3BR,2BA$1.61
9857 Baywinds Dr Apt 9112, Unit 91129857 Baywinds Dr Apt 91123BR,2BA$1.87
Rosemont Royal PalmB1R2BR,2BA$1.83
Tennis Towers ApartmentsUS Open2BR,2BA$1.64
Parc500 Apartment HomesThe Belvedere2BR,1BA$1.65
Malibu Bay3 Bed 2 Bath3BR,2BA$1.52
1105 Green Pine Blvd, Unit C11105 Green Pine Blvd1BR,1BA$1.74
Rex TerraceTwo Bedroom/Two Bath 10002BR,2BA$1.85
Lake MangoniaTamarind2BR,1BA$1.57

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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Real 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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West Palm Beach Overview

Long known for its pristine white sand beaches and the calming waves that accompany them, West Palm Beach is considered one of the 'big three' cities in the southern Florida area, and is also the oldest municipality in the metropolitan Miami vicinity. On the rise in terms of economic growth and popularity, this Sunshine State hot spot with a wide variety of options in West Palm Beach apartments is a fantastic place to call home.

Why live in West Palm Beach, FL?

A small-scale city that's big on heart and opportunity, apartments in West Palm Beach represent a growing number of south Florida hot spots on the rise. While tourism accounts for a good deal of the city income base, West Palm Beach's close proximity to Miami and a number of other large municipalities make it an ideal commute for those desiring a big city job market while maintaining a cozy home life.

West Palm Beach, FL
Population: 111,398

Ranked #269

in US Census Population by City

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Best Local Schools in
West Palm Beach, FL

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

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Frequently Asked Questions about Cheap West Palm Beach Apartments

What is a cheap apartment in West Palm Beach?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in West Palm Beach is under $1,465.

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

The cheapest apartment in West Palm Beach is Malibu Bay which is listed at $970, while the average apartment in West Palm Beach costs $6,795.

What types of apartments are the cheapest in West 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 2,036 regular apartments in West 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 West Palm Beach?

Cheap apartments in West Palm Beach have an average cost of $765 which is $6,030 cheaper than the average rent for all rentals in West 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

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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.

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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.

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.