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South Palm Beach, FL Real Estate


According to census data in the year 2000 there were 920 housing units in South Palm Beach. This represents a 49.8% decline from 1,831 in 1990.

Of those housing units, 920 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in South Palm Beach is about 82.7%. South Palm Beach's vacancy rate, including seasonal lodging, is about 44.6%. Average household size is 1.42 people.

The majority of houses, apartments or condos in South Palm Beach were built after 1974.

Statistics

Housing Size

Housing Units by Size
Studio Type3.20%
One Bedroom32.40%
Two Bedrooms61.10%
Three Bedrooms2.40%
Four Bedrooms1%
Five Bedrooms or more0%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size1.43
Median year structure was built1974
Median Value of occupied units$173,600

Rented Homes, Apartments and Condos

Average Household Size1.35
Median year structure was built1974
Median Monthly Rent asked for vacant units$1,150

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage62.20%
Debt Free37.80%
As % of Housing Units
   
Median part of Monthly Household Income dedicated to covering home ownership costs41%