$8,500 Per Month
- 2 Beds
- 2 Baths
- 1,224 Sq Ft
- Condo for Rent
3546 S Ocean Blvd Unit 617, Palm Beach, FL 33480
3546 S Ocean Blvd Unit 617, Palm Beach, FL 33480
Frequently Asked Questions
How much does it cost to rent a home in South Palm Beach, FL?
The median rent for a home in South Palm Beach, FL is $4,400 per month, though prices vary by neighborhood, size, and property type. As of May 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in South Palm Beach, FL?
To comfortably afford the median rent in South Palm Beach, FL, a household needs to earn roughly $176,000 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 $4,400 per month in South Palm Beach, FL, renters typically need to show $13,200 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 South Palm Beach, FL?
In South Palm Beach, FL, the price-to-rent ratio is 5.3, 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.
What neighborhoods in South Palm Beach, FL are best for renting a home?
The best neighborhood for renting in South Palm Beach, FL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include South Palm Park, Pineapple Beach, Ocean Breeze, Lantana Pines and Downtown Jewel, each with its own character and price range.
