Florida city guide

Palm Beach Gardens, FLHousing costs & affordability

Palm Beach Gardens has about 60,959 residents. Median gross rent is $2,417 per month, while median household income is $106,947.

2020-2024 ACS 5-YearCensus place · FloridaView sources ↗

Quick answer

What income supports the median rent?

A household would need about $96,700 per year to keep Palm Beach Gardens's median gross rent near 30% of gross income. The 2020-2024 ACS 5-Year citywide median-rent-to-median-income benchmark is 27%.

Elevated housing-cost benchmark

Data scope: figures use 2020-2024 ACS 5-Year estimates. The latest official release was checked Oct 01, 2026 at 03:00 UTC. The benchmark compares citywide medians and is designed for broad relocation research, not an individual budget or a live apartment search.

Median gross rent $2,417/mo46% above the dataset median90% MOE ±$80
Income for 30% rent target $96,700Gross annual household incomeDerived MOE ±$3,200
Median household income $106,94728% above the dataset median90% MOE ±$5,750
Median home value $606,10064% above the dataset median90% MOE ±$35,804
Owner-occupied homes 73%Share of occupied units
Home value-to-income 5.7xMedian value ÷ income

Good estimate precision Margins of error use the Census ACS 90% confidence level. Smaller geographies and subgroups can have wider uncertainty.

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How Palm Beach Gardens compares

Within Florida, Palm Beach Gardens ranks #197 from lowest to highest rent among 206 covered places with usable rent estimates. Median rent is 46% above the dataset median. Household income ranks #26 from highest to lowest among 207 places with usable income estimates.

The citywide rent-to-income benchmark is between 25% and 30%. The rent-to-income benchmark is useful for comparing cities under one formula, but households with different incomes, unit sizes or debt loads will experience costs differently.

Renting snapshot

$29,004 in annual median rent

Twelve months of median gross rent totals about $29,004. Gross rent includes contract rent plus estimated tenant-paid utilities where applicable in the ACS definition.

Buying snapshot

20.9x price-to-rent baseline

Median home value is about 20.9x annual median rent. This is a broad market comparison and does not include mortgage rates, taxes, insurance or maintenance.

Search terms, defined

How to read rent, home price and AMI searches

These distinctions keep the Census estimates comparable and prevent a historical survey measure from being mistaken for a live market quote.

Average rent vs. median gross rent
If you searched for the average rent in Palm Beach Gardens, the closest consistent Census measure on this page is $2,417 median gross rent. It is the midpoint among renter-occupied homes paying cash rent, not a live average asking rent. Gross rent includes contract rent plus estimated tenant-paid utilities where applicable.
Home price vs. median home value
The reported $606,100 median home value is the midpoint of owner estimates for owner-occupied homes. It is not an average sale price, listing price or current automated valuation.
Household income vs. AMI
The $106,947 median household income is a Census city estimate. It is not HUD Area Median Income (AMI), an AMI eligibility limit or an affordable-housing contract amount.

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Questions people ask

What is the median rent in Palm Beach Gardens?

Median gross rent is $2,417 per month in the 2020-2024 ACS 5-Year estimates.

What is the average rent in Palm Beach Gardens?

This page reports Census median gross rent of $2,417 per month, not a live average asking rent. Median is the midpoint among renter-occupied homes paying cash rent; gross rent includes contract rent plus estimated tenant-paid utilities where applicable.

What income is needed for the median rent?

A gross household income of about $96,700 per year would keep median gross rent near 30% of income. This is a planning benchmark, not a landlord qualification rule.

Is housing affordable in Palm Beach Gardens?

The citywide median-rent-to-median-income benchmark is 27%, which this site labels a elevated housing-cost benchmark. Individual costs can differ substantially.

Does this page report Area Median Income or AMI?

No. The $106,947 figure is Census median household income for the city. It is not HUD Area Median Income, an AMI limit or an affordable-housing contract amount.

What is the median home value in Palm Beach Gardens?

The median value of owner-occupied homes is $606,100 in the 2020-2024 ACS 5-Year estimates.

What is the average home price in Palm Beach Gardens?

This page reports a Census median owner-occupied home value of $606,100, not an average sale price, current listing price or real-time market estimate.

Trace every number

Data sources for Palm Beach Gardens

2020-2024 ACS 5-Year estimates for Palm Beach Gardens, Florida (Census place 1254075). Dollar estimates are in 2024 dollars. MOE means margin of error at 90% confidence.

Scroll the table horizontally on smaller screens to see every source.

Reported estimates · 2020-2024 ACS 5-Year
MeasureEstimate90% MOECensus source
Median gross rentUSD / month $2,417±$80 B25064_001E
Median household incomeUSD / year $106,947±$5,750 B19013_001E
Median owner-occupied home valueUSD $606,100±$35,804 B25077_001E
PopulationPeople 60,959±78 B01003_001E
Occupied housing unitsHousing units 27,294±644 B25003_001E
Owner-occupied housing unitsHousing units 19,935±689 B25003_002E

Calculated separately: the $96,700 annual income target = $2,417 monthly gross rent × 12 ÷ 0.30, rounded to $100. Owner occupancy = owner-occupied units ÷ occupied units. These are derived benchmarks, not separate Census estimates. Missing or suppressed values are shown as “Not reported”; open-ended medians use a + or an “Under” label and are excluded from exact derived calculations; ranks use usable point estimates and do not establish statistically significant differences.

Good research deserves a source.

MoveCostCompare. “Housing costs in Palm Beach Gardens, Florida.” U.S. Census Bureau, 2020-2024 ACS 5-Year Estimates. $2,417 median gross rent per month (90% MOE ±$80). https://movecostcompare.com/city/palm-beach-gardens-florida. Survey estimate, not live asking rent.

Source: U.S. Census Bureau, 2020-2024 ACS 5-Year Estimates. Latest release checked Oct 01, 2026 at 03:00 UTC. Review the definitions and methodology.