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Top Cities for Investment Properties in Palm Beach County: 12 Cities Compared on Fall 2026 Rents, Sales, and Supply

Top Cities for Investment Properties in Palm Beach County: 12 Cities Compared on Fall 2026 Rents, Sales, and Supply

Investor Guide · City Comparison · Palm Beach County, FL

Quick Answer

Palm Beach County does not have one best investment city; it has several distinct rental markets. As of October 7, 2026, PBP Real Estate put the median asking rent at $4,800 in Jupiter, $3,900 in Palm Beach Gardens, $3,100 in Boca Raton, $2,625 in Boynton Beach, $2,600 in Delray Beach, and $2,200 in West Palm Beach, against a five-county median of $2,800. Prices, supply, and competition differ just as much. Compare cities on rent, sale prices, inventory, and days listed, then underwrite the actual home, never a ratio of two city medians.

By Jean Taveras, Broker-Owner, Atlis Property Management · Updated October 2026

$4,800 Jupiter median asking rent$2,200 West Palm Beach median ask968 West Palm Beach rentals listed$2,800 Five-county median ask21 days Atlis average lease-up
JT
Jean Taveras — Broker-Owner, Atlis Property Management
FL Broker License CQ1071712 · 3801 PGA Blvd., Ste. 600, Palm Beach Gardens, FL 33410

Investors usually ask the question as a ranking: which city is best? The more useful question is which city fits the plan. A buyer looking for a premium single-family rental near top employers and the water is shopping a different market from a buyer who wants a lower purchase price and a deep renter pool. Both can do well in Palm Beach County. They will just do it in different cities.

This guide compares the county's main rental cities on the same measures, using figures quoted from PBP Real Estate's city pages as of October 7, 2026, which analyze BeachesMLS data. It explains what each measure tells an investor and what it does not, profiles the cities by region, and links to our deeper city guides. For a neighborhood-level view, see our guide to the best neighborhoods for rental investment in Palm Beach County.

How to Compare Cities Without Fooling Yourself

Four measures do most of the work, and each one has a limit worth knowing.

  • Median asking rent. The middle of homes currently listed for lease. It tells you the price level renters see, not what any one home will lease for.
  • Median days listed. How long the median active listing had been waiting. It describes homes still on the market, so it is an outer marker of competition, not a lease-up forecast.
  • Median sale price and closing count. The middle of homes that actually sold, and how many. A median moves with the mix of homes that sold, so a change in it is not the same as the change in any one home's value.
  • Months of inventory. How long current listings would take to sell at the recent pace. It tells you whether buyers or sellers have more leverage.

One rule sits above all four: never divide a city's median rent by its median sale price to estimate a yield. The two medians describe different homes, and the result can mislead in either direction. Our guide to rental ROI and cash flow in Palm Beach County shows how to underwrite the real home instead.

Rents and Competition by City, Fall 2026

The table below shows the rental side of each city with full data. All figures are asking rents on active listings as of October 7, 2026, from PBP Real Estate's rental market pages.

CityMedian ask2BR median3BR medianListed for leaseMedian days listedLocal page
Wellington$5,500$3,150$4,775292—Wellington
Jupiter$4,800$3,800$5,40024361 daysJupiter
Palm Beach Gardens$3,900$3,000$4,99523242 daysPalm Beach Gardens
Boca Raton$3,100$2,500$4,20075237 daysBoca Raton
North Palm Beach$2,800$2,800$4,8508835 daysNorth Palm Beach
Riviera Beach$2,700$2,900$2,850123—Riviera Beach
Boynton Beach$2,625$2,350$3,20032238 daysBoynton Beach
Delray Beach$2,600$2,400$4,50057543 daysDelray Beach
Royal Palm Beach$2,600$2,200$2,80079—Royal Palm Beach
West Palm Beach$2,200$2,200$3,00096834 daysWest Palm Beach
Greenacres$2,100$2,000$2,700104—Greenacres
Lake Worth Beach$2,000$2,175$3,100136—Lake Worth Beach

A dash means the figure was not part of the data quoted for that city. PBP Real Estate's five-county comparison adds three smaller, higher-priced markets: Palm Beach at a $9,500 median ask, Juno Beach at $7,200, and Tequesta at $6,000, with 81%, 67%, and 58% of listings furnished. In those markets, furnished seasonal homes are a large part of what renters see, so compare unfurnished homes with unfurnished homes.

Sale Prices and Supply by City, Fall 2026

The sales side shows what it costs to enter each market and how much leverage buyers have. Year-to-date figures cover January 1 through September 30, 2026, compared with the same period of 2025; inventory is as of October 7, 2026.

CityHouses closed, median, 2026 YTDChange in house median vs. 2025 YTDCondos/TH closed, median, 2026 YTDHouse / condo inventory
Jupiter823 at $1,069,000$970,000 → $1,069,000, +10.2%630 at $500,0003.5 / 5.3 months
Palm Beach Gardens921 at $1,100,000$996,100 → $1,100,000, +10.4%499 at $415,0003.7 / 5.2 months
Boca Raton1,713 at $1,049,300$917,500 → $1,049,300, +14.4%1,767 at $365,0003.2 / 6.0 months
Delray Beach905 at $870,000$775,000 → $870,000, +12.3%1,582 at $240,0004.2 / 8.2 months
Wellington517 at $755,000$741,250 → $755,000, +1.9%173 at $420,0005.1 / 8.8 months
West Palm Beach1,181 at $575,000$560,000 → $575,000, +2.7%1,366 at $241,2504.9 / 7.8 months
Royal Palm Beach286 at $565,500$550,000 → $565,500, +2.8%177 at $265,0003.7 / 3.3 months
Lake Worth Beach1,062 at $560,000$535,000 → $560,000, +4.7%513 at $207,5003.2 / 6.0 months
Boynton Beach1,400 at $525,000$515,000 → $525,000, +1.9%1,169 at $267,7503.2 / 5.8 months
Greenacres152 at $455,000$480,000 → $455,000, −5.2%305 at $215,0004.1 / 8.8 months
Riviera Beach136 at $374,950$369,000 → $374,950, +1.6%112 at $363,9385.3 / 5.9 months
North Palm Beach86 at $1,709,448$1,153,750 → $1,709,448, +48.2%178 at $420,0009.2 / 12.1 months

Each change is the 2026 year-to-date median divided by the 2025 year-to-date median. Read small samples carefully: North Palm Beach's house figures rest on 86 closings this year against 100 last year, so a few large sales move the median a long way. In every city with full data except Royal Palm Beach, condo and townhouse inventory ran longer than house inventory, which generally gives condo buyers more room to negotiate.

North County: Jupiter, Palm Beach Gardens, and North Palm Beach

North County is the premium end of the long-term rental market. As of October 7, 2026, Jupiter's median ask was $4,800, with three-bedroom rentals at $5,400 and a median listing age of 61 days, and 68% of Jupiter listings were furnished. Palm Beach Gardens asked a median $3,900, with three-bedroom rentals at $4,995 and a 42-day median listing age. Entry prices match: houses closed at a median $1,069,000 in Jupiter and $1,100,000 in Palm Beach Gardens year to date. Our Jupiter vs. Palm Beach Gardens comparison and our guide to why Jupiter works for landlords go deeper.

Investors here are usually buying into gated and association communities, so the documents matter as much as the price. Under §720.306(1)(h), an HOA may prohibit leases shorter than six months and limit rentals to three per calendar year for all owners, and other rental rules can apply depending on when you bought. Check them before you make an offer. North Palm Beach, the third North County city with full data, asked a median $2,800, in line with the five-county median, with 88 listings and a 35-day median listing age; its house inventory stood at 9.2 months, the longest in this comparison.

Central County: West Palm Beach, Riviera Beach, and the Western Communities

West Palm Beach is the county's largest rental market by listing count, with 968 homes and condos listed for lease at a $2,200 median ask and a 34-day median listing age as of October 7, 2026. Houses closed at a median $575,000 and condos and townhouses at $241,250 year to date, and condo inventory stood at 7.8 months. Depth cuts both ways: renters have choices, so pricing and presentation decide how fast a home leases. Our West Palm Beach fair rent guide and our look at West Palm Beach as an investment market cover the city in detail.

Riviera Beach asked a median $2,700, and its houses closed at a median $374,950 year to date, the lowest house median in this comparison. To the west, Wellington's median ask was $5,500, with 59% of listings furnished, while Royal Palm Beach and Greenacres asked $2,600 and $2,100. To the south, Lake Worth Beach asked a median $2,000, with houses closing at a median $560,000. Our guide to maintaining higher-end homes in Lake Worth Beach covers maintenance planning there.

South County: Boca Raton, Delray Beach, and Boynton Beach

Boca Raton combines a large rental market, 752 listings at a $3,100 median ask, with the highest house closing count in this comparison: 1,713 houses at a median $1,049,300 year to date. Delray Beach asked a median $2,600, with three-bedroom rentals at $4,500, and Boynton Beach asked $2,625, with houses closing at a median $525,000. Our guides to investing in Boca Raton, Boynton Beach rental property management, and marketing Delray Beach rentals cover each city.

Common Mistakes Investors Make When Choosing a City

  • Dividing medians. A city's median rent over its median price is not a yield. Underwrite the actual home with its own rent, taxes, insurance, dues, and repairs.
  • Comparing furnished and unfurnished rents. In several coastal markets, most listings are furnished. Compare like with like.
  • Ignoring association rules. Lease minimums, approval steps, and rental caps can rule out a plan after closing. Read the documents first.
  • Treating days listed as lease-up time. It describes homes still waiting, not how fast a well-priced home leases.
  • Reading a small sample as a trend. A city with fewer than a hundred closings can swing sharply on a few sales.
  • Underestimating condition. Two homes at the same price in the same city can need very different work before the first tenant.

Before you commit, run your numbers through our ROI calculator with your own rent estimate and expenses.

How Atlis Helps Investors Compare Markets

Atlis serves owners across Palm Beach County from our office on PGA Boulevard in Palm Beach Gardens. Our free rental analysis prices the specific home against current comparable rentals, not a city median, which is the starting point for any underwriting. Our results: a 21-day average lease-up, 98% or more of rent collected monthly, and a 74% renewal rate. Management is full service at 5 to 9 percent of collected rent with a $200 monthly minimum, and the fee percentage is locked for the life of the partnership.

From Our Files

A city can look right on paper and the house can still tell a different story. Every takeover starts with three property walks. The forensic walk documents the home's condition room by room with dated photos. The systems walk checks the A/C, water heater, plumbing, electrical panel, and shutoffs. The owner walk agrees on priorities with the owner. Together they turn a purchase into a plan, so the first year's repairs are known before the first tenant moves in.

Frequently Asked Questions

What is the best city in Palm Beach County for a rental property?

There is no single best city. The right one depends on your budget, the rent level you want to compete at, whether you prefer a house or a condo, and how much association involvement you can accept. As of October 7, 2026, median asking rents ranged from $2,000 in Lake Worth Beach to $5,500 in Wellington among the cities with full PBP Real Estate data, and median house prices ranged just as widely. Compare cities on the same measures, then underwrite the specific home you would buy.

Can I estimate rental yield from a city's median rent and median price?

No. A city's median asking rent and its median sale price describe different groups of homes: one is the middle of homes listed for lease, the other the middle of homes that sold. Dividing one by the other can badly overstate or understate the return on any real home. Instead, get a rent estimate for the specific property, then subtract taxes, insurance, association dues, maintenance, vacancy, and management to see the actual cash flow. Our ROI calculator and rental analysis are built for that.

Which Palm Beach County cities have the highest rents?

Among the cities with full data as of October 7, 2026, Wellington had the highest median asking rent at $5,500 a month, followed by Jupiter at $4,800 and Palm Beach Gardens at $3,900, according to PBP Real Estate. Smaller markets were higher still on PBP's five-county comparison: Palm Beach at $9,500, Juno Beach at $7,200, and Tequesta at $6,000. Furnished listings make up a large share of the listings in several of those markets, so compare furnished and unfurnished homes separately.

Which cities have the most rental competition?

By listing count, West Palm Beach had the most homes and condos listed for lease as of October 7, 2026, at 968, followed by Boca Raton at 752 and Delray Beach at 575, according to PBP Real Estate. More listings means more choices for renters, so pricing and presentation matter more. The median listing had been on the market 34 days in West Palm Beach, 37 in Boca Raton, and 43 in Delray Beach. Those figures describe homes still waiting for a tenant, not signed leases.

Is a condo or a house the better investment in Palm Beach County?

It depends on the city and the community. As of October 7, 2026, condo and townhouse inventory ran longer than house inventory in 11 of the 12 cities in this guide, for example 7.8 months against 4.9 in West Palm Beach. Condos usually cost less to buy but carry association dues, approval steps, and rental rules. Houses usually cost more but give the owner more control. Read the association documents before buying any condo or HOA home, and underwrite the dues as an expense.

Does Atlis serve owners in all of these cities?

Atlis serves owners across all of Palm Beach County from our office on PGA Boulevard in Palm Beach Gardens. We manage single-family homes, townhomes, condos, and small multifamily, and every account carries eight written guarantees. Our results include a 21-day average lease-up, 98 percent or more of rent collected each month, and a 74% renewal rate. Management is full service at 5 to 9 percent of collected rent with a $200 monthly minimum, and there are no management fees on vacant units.

Comparing cities for your next purchase, or deciding whether to rent out a home you already own? We will give you a rent estimate for the specific property and walk you through the numbers.

About the Author

Jean Taveras is the Broker-Owner of Atlis Property Management (FL Brokerage CQ1071712), a boutique, broker-led residential management firm headquartered on PGA Boulevard in Palm Beach Gardens. Atlis manages single-family homes, townhomes, condos, and small multifamily across Palm Beach County and backs every account with eight written guarantees. Questions about a specific property: 561.473.3664 or info@atlispm.com.