$8,500 Per Month
- 2 Beds
- 2 Baths
- 1,040 Sq Ft
- Condo for Rent
651 Okeechobee Blvd Unit 509, West Palm Beach, FL 33401
651 Okeechobee Blvd Unit 509, West Palm Beach, FL 33401
Frequently Asked Questions
How much does it cost to rent a condo in West Palm Beach, FL?
The median rent for a condo in West Palm Beach, FL is $1,925 per month, though prices vary by neighborhood, size, and property type. As of July 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 West Palm Beach, FL?
To comfortably afford the median rent in West Palm Beach, FL, a household needs to earn roughly $96,000 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 $2,400 per month in West Palm Beach, FL, renters typically need to show $7,200 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 West Palm Beach, FL?
In West Palm Beach, FL, the price-to-rent ratio is 15.6, 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 West Palm Beach, FL are best for renting a condo?
The best neighborhood for renting in West Palm Beach, FL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Renaissance, Century Village-West Palm Beach, Emerald Dunes, Lakeside Green and Schall Circle, each with its own character and price range.
