Is Palm Beach, FL a good place to invest in rental property?

Palm Beach, FL has a median modeled monthly cash flow of $-16,822 and a median cap rate of -0.6%, on a median sold price of $2,850,000. Prices changed -26.3% year over year.

What is the average cap rate in Palm Beach, FL?

The median cap rate across recently sold homes in Palm Beach, FL is -0.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Palm Beach, FL?

The median sold price in Palm Beach, FL is $2,850,000 (about $1,724 per square foot).

Investing in Palm Beach, FL Real Estate

A data-driven snapshot of the Palm Beach, FL rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$2,850,000Median sold price

$1,724Median $/sqft

-0.6%Median cap rate

$-16,822Modeled cash flow / mo

-26.3%Appreciation YoY

67.6Months of supply

445Active listings

79Sold (last 12 mo)

What the Palm Beach numbers say

In Palm Beach, FL, the median home sold for $2,850,000 (about $1,724 per square foot), and the typical deal models out to a -0.6% cap rate with a median $-16,822 of monthly cash flow. Sold prices moved -26.3% over the past year. Inventory sits at about 67.6 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Florida markets to compare

See Palm Beach cash-flowing listings

CashFlowRE ranks every for-sale home in Palm Beach, FL by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Palm Beach deals, or browse the national market data.