Palm Beach town: Median Gross Rent Trend
How Palm Beach town's median gross rent changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$1,533
2023
$1,849
Total change
+$316
% change
+20.6%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,533 | — |
| 2019 | $1,744 | +$211 (13.8%) |
| 2020 | $1,724 | $20 (-1.1%) |
| 2021 | $1,767 | +$43 (2.5%) |
| 2022 | $1,793 | +$26 (1.5%) |
| 2023 | $1,849 | +$56 (3.1%) |