West Palm Beach, FL Real Estate

According to census data in the year 2000 there were 40,398 housing units in West Palm Beach. This represents a 15.5% growth from 34,971 in 1990.

Of those housing units, 38,901 were located in either urbanized areas or urban clusters, and 1,497 were located in what is classified as a rural area.

Homeownership rate in West Palm Beach is about 52.1%. West Palm Beach's vacancy rate, including seasonal lodging, is about 14.2%. Average household size is 2.25 people.

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


Housing Size

Housing Units by Size
Studio Type4.10%
One Bedroom23.70%
Two Bedrooms41.70%
Three Bedrooms24.80%
Four Bedrooms4.90%
Five Bedrooms or more0.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.35
Median year structure was built1972
Median Value of occupied units$98,000
Median Price asked for vacant units$127,600

Rented Homes, Apartments and Condos

Average Household Size2.14
Median year structure was built1976
Median Monthly Rent asked for vacant units$617

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage6.30%
Home Equity Loan6.70%
Simple Mortgage60.80%
Debt Free25.90%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs20.6%