Royal Palm Beach, FL Real Estate

According to census data in the year 2000 there were 8,128 housing units in Royal Palm Beach. This represents a 35.8% growth from 5,985 in 1990.

Of those housing units, 8,117 were located in either urbanized areas or urban clusters, and 11 were located in what is classified as a rural area.

Homeownership rate in Royal Palm Beach is about 88.3%. Royal Palm Beach's vacancy rate, including seasonal lodging, is about 5.9%. Average household size is 2.82 people.

The majority of houses, apartments or condos in Royal Palm Beach were built after 1985.


Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom4.90%
Two Bedrooms30%
Three Bedrooms52.20%
Four Bedrooms12%
Five Bedrooms or more0.50%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.83
Median year structure was built1985
Median Value of occupied units$114,900
Median Price asked for vacant units$108,300

Rented Homes, Apartments and Condos

Average Household Size2.71
Median year structure was built1984
Median Monthly Rent asked for vacant units$940

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.60%
Second Mortgage11.30%
Home Equity Loan10%
Simple Mortgage62.80%
Debt Free15.30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs22.1%