7 Most Affordable West Palm Beach Suburbs to Live in 2024
West Palm Beach is an iconic Floridian city. From famous foods to luxurious beaches, it’s not a shock that roughly 117,300 people live in West Palm Beach. As you start your house hunting journey, there are two key points to keep in mind – the median home sale price is $421,500 and the average rent in West Palm Beach is $2,631.
If those numbers are out of your budget, don’t worry. At Redfin we’ve collected the 7 best affordable West Palm Beach suburbs to consider moving to. And the best part is that they’re all less than 25 miles away from the city center. That way you can live near West Palm Beach and all its cool activities without the price tag of living there.
#1: Palm Springs
Median home price: $265,000
Average sale price per square foot: $215
Average rent for an apartment: $2,113
Distance from West Palm Beach: 7 miles
Palm Springs, FL homes for sale
Palm Springs, FL apartments for rent
With a median home sale price of $265,000, Palm Springs is the most affordable West Palm Beach suburb on our list. About a 7 mile drive away from downtown West Palm Beach, Palm Springs is home to roughly 26,900 people and has plenty of beautiful parks to explore in your free time.
#2: Westgate
Median home price: $320,000
Average sale price per square foot: $230
Average rent for an apartment: $2,771
Distance from West Palm Beach: 4 miles
Westgate, FL homes for sale
Westgate, FL apartments for rent
Coming in as the second most affordable suburb in West Palm Beach is Westgate. Only 4 miles from the city center you can spend time outdoors at McCarthy’s Wildlife Sanctuary or Palm Beach Zoo & Conservation Society in no time. Living in Westgate, you’ll want to grab a meal at one of the local restaurants or spend time exploring the charming downtown.
#3: Greenacres
Median home price: $320,000
Average sale price per square foot: $232
Average rent for an apartment: $2,300
Distance from West Palm Beach: 10 miles
Greenacres, FL homes for sale
Greenacres, FL apartments for rent
Just 10 miles away, you’ll find the suburb of Greenacres. There are plenty of charming and outdoorsy activities to take part in when living in Greenacres. If you find yourself moving to the third most affordable suburb, make sure to explore Greenacres Freedom Park and shop at one of the local shopping centers.
#4: Lantana
Median home price: $355,000
Average sale price per square foot: $288
Average rent for an apartment: $2,583
Distance from West Palm Beach: 12 miles
Lantana, FL homes for sale
Lantana, FL apartments for rent
Only slightly more expensive than Greenacres is the suburb of Lantana. About 11,500 people live in this West Palm Beach suburb, where you can visit Lantana Bicentennial Park where you’ll find views of the water and lots of restaurants nearby.
#5: Lake Worth Beach
Median home price: $371,500
Average sale price per square foot: $296
Average rent for an apartment: $2,359
Distance from West Palm Beach: 10 miles
Lake Worth Beach, FL homes for sale
Lake Worth Beach, FL apartments for rent
Drive 10 miles outside of West Palm Beach and you’ll find the suburb of Lake Worth Beach, another great area to add to your list. Home to 42,200 residents, this affordable town can be a great choice for people looking to remain close to West Palm Beach without paying the price for a home in the city. Living in Lake Worth Beach, you can check out Snook Islands Natural Area where you can kayak, fish, or take in the views, explore the College Park Historic District, or walk along the trail at South Bryant Park.
#6: Boynton Beach
Median home price: $374,000
Average sale price per square foot: $253
Average rent for an apartment: $2,707
Distance from West Palm Beach: 16 miles
Boynton Beach, FL homes for sale
Boynton Beach, FL apartments for rent
Sixth on the list is another well-known West Palm Beach suburb, Boynton Beach, where you’ll find the home prices are about $50K less than in West Palm Beach. Boynton Beach has about 80,400 residents and is a great suburb to consider buying a home in. You’ll also have easy access to what makes this suburb special. Make sure to enjoy the sun and surf at Oceanfront Park Beach, explore the Green Cay Nature Center and Wetlands, featuring boardwalks and trails, and wander through Downtown Boynton Beach, known for its historic architecture, shops, and restaurants.
#7: Delray Beach
Median home price: $380,000
Average sale price per square foot: $288
Average rent for an apartment: $3,440
Distance from West Palm Beach: 21 miles
Delray Beach, FL homes for sale
Delray Beach, FL apartments for rent
Rounding out our list of affordable West Palm Beach suburbs is none other than Delray Beach. With a population of roughly 66,900, you’ll be living in a smaller area, but there is no shortage of things to experience in Delray Beach. If you find yourself moving to this suburb, make sure to explore Atlantic Avenue, the city’s main street, lined with shops, galleries, restaurants, and vibrant nightlife, relax on the pristine Delray Beach, known for its soft sand and clear waters, and discover the Pineapple Grove Arts District, an eclectic neighborhood with art galleries, studios, and public art installations.
Methodology: Affordability is based on whether a suburb’s median home sale price or average sale price per square foot is less than West Palm Beach and under a 25-mile drive from downtown West Palm Beach. Median home sale price data and average rent price from the Redfin Data Center during December 2023. Population data sourced from the United States Census Bureau.
The post 7 Most Affordable West Palm Beach Suburbs to Live in 2024 appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.
