As Palm Beach Realtors and island residents who have been selling the area’s finest homes since 2006, we hear the same thing every year around this time. It’s right before Season, everyone is back from the Hamptons, and calls start coming in for luxury rentals.
The reality is that Palm Beach rentals are few, expensive, and often disappointing — and for many, buying simply makes more sense.
The Reality of Palm Beach Rentals
Palm Beach’s rental inventory is extremely limited, especially as Season approaches. Desirable properties — those in pristine condition, with ideal locations, views, and furnishings — are few and far between. When they do become available, they are costly.
Seasonal rentals in town typically start around $20,000 per month for a two-bedroom, with a three- to six-month minimum and the full amount due upfront. Renters can easily expect to pay $80,000 to $100,000 or more before moving in.
Despite those prices, the homes often fall short of expectations. The furniture may not suit your taste, parking may be limited, the pool might not be private, and owners rarely agree to move or store furnishings for the season. For those who are particular about their surroundings, renting in Palm Beach can quickly feel like settling.
Why Buying Makes More Sense
If you have specific preferences for quality, design, or location, ownership is the only way to achieve the Palm Beach experience you truly want. When you own, you can design your home to reflect your taste, create the environment you envision, and enjoy it on your own terms.
Palm Beach real estate has consistently demonstrated strong value appreciation. Prices continue to rise, and waiting can mean being priced out of your dream home by next year. Many owners also rent their homes during periods they’re not in residence — offsetting carrying costs and often generating income.
The Takeaway
Don’t rent — buy. You will love Palm Beach. Its lifestyle, elegance, and sense of community are unmatched anywhere in the world. Whether you’re here for the Season or for life, ownership gives you freedom, comfort, and the satisfaction of having exactly what you want.
If you’re ready to explore Palm Beach homes, we’d be delighted to help you discover the right property.
Jacqueline and Adam Zimmerman
Palm Beach Realtors | Local Residents | Since 2006
📞 (561) 906-7152
🌐 DistinctivePalmBeachProperties.com
🌐 JacquelineAdamPalmBeach.com
FAQs
Q: Why are Palm Beach rentals so expensive?
A: Demand peaks right before Season, and inventory is limited. Well-located, updated properties command premium prices — often starting around $20,000 per month for a two-bedroom in town.
Q: How far in advance should I book a seasonal rental in Palm Beach?
A: Typically six to nine months ahead. However, by that point, the best options are often gone. Buying gives you control over timing, style, and use.
Q: Can I rent out my Palm Beach home when I’m not in residence?
A: Yes. Many owners rent their homes during Season or short periods to offset carrying costs and generate income.
Q: Are property values in Palm Beach still rising?
A: Yes. Limited land, global demand, and exceptional lifestyle continue to drive appreciation — making ownership a strong long-term investment.
Q: Which areas are best for buyers new to Palm Beach?
A: In-town residences offer walkability to Worth Avenue and the beach, while the North End offers privacy and larger lots. South Ocean Boulevard features some of the island’s most luxurious oceanfront condominiums.
