salaryRent is higher than in 85% of U.S. cities. A typical house costs about 4.2 years of household income. Commutes are long, about 30.7 minutes each way. Most homes (82.3%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $98,520 a year. That is $47 an hour at a full-time job.
Is rent cheaper than other Florida cities?
No. Rent here is more expensive than in most of Florida. It is number 388 of 479 cities from cheapest to most expensive.
How much do households earn in Royal Palm Beach?
Share of households by yearly income. 35.8% of households earn $100,000 or more.
Rent by apartment size in Royal Palm Beach
| Size | Royal Palm Beach | U.S. average |
|---|---|---|
| Studio | $2,292 | $1,338 |
| 1 bedroom | $2,114 | $1,324 |
| 2 bedrooms | $2,258 | $1,509 |
| 3 bedrooms | $2,716 | $1,698 |
| 4 bedrooms | $2,307 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Royal Palm Beach overall?
Everyday prices in Florida overall are 3% above the U.S. average (index 103.4, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Royal Palm Beach, so the Florida figure is shown.
Taxes and bills in Royal Palm Beach
Life in Royal Palm Beach
Is it cheaper to rent or buy in Royal Palm Beach?
Renting is cheaper right now: about $574 a month less.
Owning assumes a typical $437,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $43,770 for the down payment.
Frequently asked questions
What is the average rent in Royal Palm Beach, FL?
Renting in Royal Palm Beach costs a median of about $2,463 a month in 2026, including utilities. The Florida median is $1,963.
How much do I need to make to live in Royal Palm Beach?
To keep rent under 30% of income, you need about $98,520 a year, or $47 an hour at a full-time job.
Is Royal Palm Beach cheap or expensive?
Royal Palm Beach is rated OK: rent takes 28.5% of the typical household income of $103,565. It ranks 388th cheapest of 479 Florida cities we track.
How much are property taxes in Royal Palm Beach?
The median homeowner in Royal Palm Beach pays $3,278 a year in property taxes, about 0.75% of the median home value.
Is Royal Palm Beach more expensive than the national average?
Overall prices in Florida are 3% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Royal Palm Beach?
The median home value in Royal Palm Beach is $437,700, about 4.2 times the typical yearly household income.
40,344 people live in Royal Palm Beach. Numbers are typical (middle) values.