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Why Live in Palm Beach Gardens

Palm Beach Gardens stands as Florida's premier golf destination, home to the Professional Golfers' Association of America headquarters and the prestigious PGA National Resort, which hosts the annual Cognizant Classic tournament. The Gardens Mall attracts luxury shoppers with high-end retailers like Nordstrom, Saks Fifth Avenue, and Bloomingdale's, while Downtown Palm Beach Gardens creates a family-friendly atmosphere with its carousel, splash pad, and regular outdoor events. The PGA Commons Art & Dining District features sophisticated dining options including The Capital Grille and Cafe Chardonnay, alongside art galleries and boutiques.

The real estate landscape in Palm Beach Gardens encompasses diverse housing options across distinct neighborhoods. Single-family homes in prestigious communities command premium prices, with Old Palm showing a median price of $5,337,500 and Mirasol at $1,680,000. The median single-family home price citywide is $1,100,000. More affordable options exist in the condominium market, particularly in Downtown Palm Beach Gardens, where one-bedroom units have a median price of $250,000 and two-bedroom units $325,000. The median townhome price sits at $449,500.

Palm Beach Gardens maintains favorable tax conditions with a Palm Beach County effective property tax rate of 0.88% and no state income tax. The combined sales tax rate is 6.95%. The city's educational system includes several highly rated institutions such as St. Mark's Episcopal School and Timber Trace Elementary School. Transportation needs are served by Palm Tran bus system, with Palm Beach International Airport located 12 miles south. The tropical climate features mild winters with temperatures in the mid-60s to mid-70s Fahrenheit, making it ideal for year-round outdoor activities at locations like John D. MacArthur Beach State Park and the Gardens GreenMarket.

Frequently Asked Questions

How much does it cost to rent a home in Palm Beach Gardens, FL?
The median rent for a home in Palm Beach Gardens, FL is $4,000 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Palm Beach Gardens, FL?
To comfortably afford the median rent in Palm Beach Gardens, FL, a household needs to earn roughly $160,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $4,000 per month in Palm Beach Gardens, FL, renters typically need to show $12,000 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Palm Beach Gardens, FL?
In Palm Beach Gardens, FL, the price-to-rent ratio is 16.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Median Rent
$4,000
Median Single Family Home Rent
$6,000
Median Townhouse Rent
$3,700
Median Condo Rent
$2,500
How to Rent a Home