Most Affordable Neighborhoods in Lake Worth, FL

Some of the cheapest neighborhoods in Lake Worth are SOSA, South Palm Park, and Downtown Jewel. These neighborhoods offer some of the lowest rent prices in Lake Worth, making them ideal for renters on a budget. As of October 3, 2025, the average rent in Lake Worth is $1,744, which is 0.8% lower than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.

SOSA

Average Rent

$1,570/Month

Year-Over-Year Rent Change

1.2%

TransitScore® Rating

0/100

Units Available

16 Rentals

If you’re looking for a great, affordable neighborhood in Lake Worth, SOSA might be the perfect place! It has an average rent price of $1,570, while the city’s average stands at $1,744. In the last year, prices have increased by 1.2%. SOSA is near Palm Beach State College, South Florida Science Museum, and Palm Beach Atlantic University.

South Palm Park

Average Rent

$1,635/Month

Year-Over-Year Rent Change

1%

TransitScore® Rating

0/100

Units Available

19 Rentals

South Palm Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in South Palm Park is $1,635 while the city average is $1,744. This is a 1% difference from last year. Residents enjoy convenient access to Harmony Plaza, Palm Beach International, and Mounts Botanical Garden. The neighborhood is considered somewhat walkable with a WalkScore® of 56.

Downtown Jewel

Average Rent

$1,715/Month

Year-Over-Year Rent Change

1.1%

TransitScore® Rating

0/100

Units Available

18 Rentals

When you’re looking for a great Lake Worth neighborhood on a budget, check out Downtown Jewel. The average rent is $1,715, compared to the city average of $1,744. Rent prices have increased by 1.1%. Downtown Jewel is convenient to Harmony Plaza, Tropical Point Plaza, and Village Center Complex. The community is walkable with a WalkScore® of 90.

Old Lucerne Historic District

Average Rent

$1,749/Month

TransitScore® Rating

0/100

Units Available

17 Rentals

Old Lucerne Historic District is an affordable neighborhood in Lake Worth with an average rent price of $1,749. Compare this to the city average of $1,744. Old Lucerne Historic District provides easy access to Palm Beach International, Palm Beach State College, and Downtown Shops at Lake Worth. It’s a walkable neighborhood with a WalkScore® of 81.

Reflections

Average Rent

$1,790/Month

TransitScore® Rating

0/100

Units Available

10 Rentals

If you’re looking for a great, affordable neighborhood in Lake Worth, Reflections might be the perfect place! It has an average rent price of $1,790, while the city’s average stands at $1,744. Reflections is near Palm Beach State College, Village Center Complex, and Airport Square.

Mango Groves

Average Rent

$1,814/Month

Year-Over-Year Rent Change

13.3%

TransitScore® Rating

0/100

Units Available

21 Rentals

Mango Groves is a top choice for budget-conscious renters for a variety of reasons. The average rent in Mango Groves is $1,814 while the city average is $1,744. This is a -13.3% difference from last year. Residents enjoy convenient access to South Florida Science Museum, Palm Beach State College, and Palm Beach International. The neighborhood is considered walkable with a WalkScore® of 84.

Southeast Lucerne Historic District

Average Rent

$1,815/Month

TransitScore® Rating

0/100

Units Available

27 Rentals

When you’re looking for a great Lake Worth neighborhood on a budget, check out Southeast Lucerne Historic District. The average rent is $1,815, compared to the city average of $1,744. Southeast Lucerne Historic District is convenient to Tropical Point Plaza, Mounts Botanical Garden, and Palm Beach State College. The community is walkable with a WalkScore® of 86.

Parrot Cove

Average Rent

$1,830/Month

Year-Over-Year Rent Change

0.6%

TransitScore® Rating

0/100

Units Available

16 Rentals

Parrot Cove is an affordable neighborhood in Lake Worth with an average rent price of $1,830. Compare this to the city average of $1,744. In the past year, rent prices have decreased by 0.6%. Parrot Cove provides easy access to Village Center Complex, Kravis Center for the Performing Arts, and Palm Beach Zoo at Dreher Park. It’s a walkable neighborhood with a WalkScore® of 73.

Hope

Average Rent

$1,839/Month

Year-Over-Year Rent Change

0.2%

TransitScore® Rating

0/100

Units Available

14 Rentals

If you’re looking for a great, affordable neighborhood in Lake Worth, Hope might be the perfect place! It has an average rent price of $1,839, while the city’s average stands at $1,744. In the last year, prices have decreased by 0.2%. Hope is near Tropical Point Plaza, Village Center Complex, and Palm Beach Atlantic University.

Old Town Historic District

Average Rent

$1,888/Month

TransitScore® Rating

0/100

Units Available

20 Rentals

Old Town Historic District is a top choice for budget-conscious renters for a variety of reasons. The average rent in Old Town Historic District is $1,888 while the city average is $1,744. Residents enjoy convenient access to Palm Beach Atlantic University, Palm Beach State College, and Palm Beach Zoo at Dreher Park. The neighborhood is considered walkable with a WalkScore® of 93.

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Methodology

Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.

We've combined this data with public records to provide the most current rental information available.