Best Affordable Neighborhoods in West Palm Beach, FL

Some of the cheapest neighborhoods in West Palm Beach are Century Village Palm Beach, Oakton Lakes, and Golden Lakes. These neighborhoods offer some of the lowest rent prices in West Palm Beach, making them ideal for renters on a budget. As of May 7, 2026, the average rent in West Palm Beach is $2,128, which is 2.9% higher 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.

Century Village Palm Beach

Average Rent

$1,418/Month

Units Available

82 Rentals

Century Village Palm Beach is a 55+ community known for its resort-style amenities, including pools, tennis courts, and a clubhouse. Renters will appreciate the peaceful environment and proximity to shopping and dining options. The neighborhood offers a variety of housing options catered to active adults.

Oakton Lakes

Average Rent

$1,789/Month

Year-Over-Year Rent Change

6%

Units Available

13 Rentals

Oakton Lakes is an affordable neighborhood in West Palm Beach with an average rent price of $1,789. Compare this to the city average of $2,128. In the past year, rent prices have increased by 6%. Oakton Lakes provides easy access to Palm Beach State College, Palm Beach State College, and Kravis Center for the Performing Arts.

Golden Lakes

Average Rent

$1,865/Month

Year-Over-Year Rent Change

1.4%

Units Available

36 Rentals

Golden Lakes is a well-maintained 55+ community offering a variety of amenities, including a clubhouse, pool, and social activities. Renters will appreciate the serene environment and proximity to local shopping and dining. The neighborhood is ideal for active adults seeking a peaceful yet connected community.

Pleasant City

Average Rent

$2,184/Month

Year-Over-Year Rent Change

0.7%

Units Available

104 Rentals

If you’re looking for a great, affordable neighborhood in West Palm Beach, Pleasant City might be the perfect place! It has an average rent price of $2,184, while the city’s average stands at $2,128. In the last year, prices have increased by 0.7%. Pleasant City is near Kravis Center for the Performing Arts, Four Arts Gardens, and South Florida Science Museum.

Northwood

Average Rent

$2,201/Month

Year-Over-Year Rent Change

0.3%

Units Available

109 Rentals

Northwood is a top choice for budget-conscious renters for a variety of reasons. The average rent in Northwood is $2,201 while the city average is $2,128. This is a 0.3% difference from last year. Residents enjoy convenient access to Florida Atlantic University, Mounts Botanical Garden, and Four Arts Gardens.

Downtown West Palm Beach

Average Rent

$3,069/Month

Year-Over-Year Rent Change

10%

Units Available

213 Rentals

When you’re looking for a great West Palm Beach neighborhood on a budget, check out Downtown West Palm Beach. The average rent is $3,069, compared to the city average of $2,128. Rent prices have increased by 10%. Downtown West Palm Beach is convenient to Florida Atlantic University, Rosemary Square, and GP Plaza.

Flagler-Waterfront District

Average Rent

$3,131/Month

Units Available

113 Rentals

Flagler-Waterfront District is an affordable neighborhood in West Palm Beach with an average rent price of $3,131. Compare this to the city average of $2,128. Flagler-Waterfront District provides easy access to Clematis Shopping Center, Four Arts Gardens, and Rosemary Square.

North Palm Beach

Average Rent

$3,491/Month

Year-Over-Year Rent Change

10.2%

Units Available

35 Rentals

If you’re looking for a great, affordable neighborhood in West Palm Beach, North Palm Beach might be the perfect place! It has an average rent price of $3,491, while the city’s average stands at $2,128. In the last year, prices have increased by 10.2%. North Palm Beach is near Florida Atlantic University, Northwood Court, and Palm Beach State College.

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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.