Palm Beach County, Florida Housing Market
In Palm Beach County, Florida, the median home value is $447,300, with a median monthly rent of $1,916. This places Palm Beach County at #197 nationally out of 3134 counties by median home value, and #5 within Florida.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,574
- Establishments: 69,734
- BLS QCEW, 2025
Housing Supply
- Single-family: 2,495
- Multi-family: 1,733
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 646,353 (avg $180,822)
- Outflow: 632,760 (avg $173,754)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Palm Beach County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 33483 | 555.2 | — | 2025 |
| 2 | 33413 | 483.0 | -5.55% | 2025 |
| 3 | 33417 | 429.4 | -8.43% | 2025 |
| 4 | 33463 | 419.6 | -7.61% | 2025 |
| 5 | 33406 | 471.6 | -2.39% | 2025 |
| 6 | 33404 | 445.3 | -6.74% | 2025 |
| 7 | 33434 | 390.1 | +0.31% | 2025 |
| 8 | 33409 | 473.6 | +0.26% | 2025 |
| 9 | 33444 | 526.4 | -1.44% | 2025 |
| 10 | 33428 | 379.3 | -5.05% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Palm Beach County Compares
| Metric | Palm Beach County | Florida Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $447,300 | $284,325 | $227,706 |
| Median Gross Rent | $1,916 | $1,303 | $968 |
| Owner Occupancy Rate | 70.1% | 74.6% | 73.3% |
| Price/Rent Ratio | 19.5 | 17.6 | 18.7 |
Market Analysis
The median home value in Palm Beach County is 57.3% above the Florida state average and 96.4% above the U.S. national average. The median rent of $1,916/month is 47.0% above the state average.
With a price-to-rent ratio of 19.5, the buy-vs-rent decision in Palm Beach County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Palm Beach County has an owner-occupancy rate of 70.1%, compared to 74.6% in Florida and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| James City County | Virginia | $447,200 | $1,552 |
| Williamson County | Texas | $447,000 | $1,796 |
| Humboldt County | California | $446,900 | $1,287 |
| Jefferson County | Montana | $446,900 | $925 |
| Coconino County | Arizona | $448,000 | $1,473 |
Other Counties in Florida
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Martin County | $432,200 | $1,569 | 79.6% |
| Miami-Dade County | $463,000 | $1,829 | 52.2% |
| Walton County | $425,100 | $1,741 | 78.6% |
| Broward County | $414,600 | $1,907 | 63.6% |
| Sarasota County | $411,800 | $1,818 | 76.7% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).