ZIP reports / FL / 33411
ZIP rental intelligence · 2026-06

ZIP 33411, West Palm Beach, FL

Asking rent, household capacity, housing stock and local context—kept at their original geographic and measurement scopes.

Direct local rent answer

What does rent cost in ZIP 33411?

The latest Zillow ZORI for ZIP 33411 is $2,291 per month in 2026-06. It is a typical observed asking-rent index across rental types—not an arithmetic average, signed lease or quote for one property.

Zillow asking-rent index$2,2912026-06 · up 1.8% year over year
ACS median gross rent$2,002ACS 2024 5-year survey · ±$125 margin of error
HUD two-bedroom standard$2,333Administrative FMR/SAFMR · not asking rent
Bedroom-level rent benchmarks in ZIP 33411
BedroomsModelled asking-rent lensHUD standardHow to use it
Studio$1,756ZORI scaled by the local HUD bedroom ladder$1,788HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
1 bedroom$1,867ZORI scaled by the local HUD bedroom ladder$1,901HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
2 bedrooms$2,291ZORI scaled by the local HUD bedroom ladder$2,333HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
3 bedrooms$3,071ZORI scaled by the local HUD bedroom ladder$3,127HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
4 bedrooms$3,548ZORI scaled by the local HUD bedroom ladder$3,613HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.

Bedroom estimates are modelled, not observed rents. Zillow, Census ACS and HUD describe different housing universes and remain separate throughout this report.Zillow pulled 2026-08-08

Median household income$92,591ACS 2024 5-year · ±$5,672 MOE
Renter share20.5%5,848 renter households
Rent burden 30%+53.8%3,148 observed households
Housing vacancy6.1%1,837 of 30,300 units
Six views · one local decision

Read the measures together, without merging them

ZORI tracks observed asking rent, ACS describes occupied renter homes, and HUD publishes an administrative benchmark. The charts preserve those differences and add wider context only where the geography is named.

Three definitions of rent

Useful as a spread, not interchangeable observations.

Three rent measures for ZIP 33411Zillow asking-rent index$2,291ACS median gross rent$2,002HUD two-bedroom standard$2,333

Affordability screen

Annual income implied by 30% of the current ZIP ZORI.

Income screen for ZIP 33411ACS median household income$92,591Income at 30% of ZIP ZORI$91,640

Bedroom ladder

Modelled from ZIP ZORI using the local HUD ladder.

Modelled bedroom rent ladder for ZIP 33411Studio$1,756One bedroom$1,867Two bedrooms$2,291Three bedrooms$3,071Four bedrooms$3,548

Observed renter burden

ACS ZCTA households with computable gross-rent burden.

Observed renter cost burden in ZCTA 3341130% or more of income3,148 householdsBelow 30%2,700 households

ZIP versus wider rent context

Each bar retains its own ZIP, city, county or metro scope.

Asking-rent context for ZIP 33411ZIP 33411$2,291West Palm Beach city$2,392Palm Beach County county$2,662Miami-Fort Lauderdale-Pompano Beach, FL metro$2,695

Monthly asking-rent history

Direct Zillow ZORI observations over the latest five years. Missing months remain visible gaps.

Five-year direct Zillow asking-rent history for ZIP 33411; missing months remain gaps$2,374$2,122$1,870$1,6172021-062023-122026-06
Five-year change
34.8%exact same-month endpoints
Largest observed drawdown
2.9%peak to a later observed month
Annualized monthly variability
2.5%135 consecutive returns
Monthly coverage
99.3%137 of 138 months
Decision brief

What the evidence says for ZIP 33411

Resale evidence creates the clearest counterweight to the rent picture in ZIP 33411. Redfin’s direct rolling-three-month ZIP resale observation reports a $469,894 median sold price, down 6.02% from a year earlier. The for-sale record also shows 309 homes sold, a median 88 days on market, 510 homes of inventory, and 5.0 months of supply. Average sale-to-list was 96.63%, while 7.67% of sales closed above list. Those are resale liquidity and pricing signals, not rental transactions or rental comparables. They indicate a less urgent for-sale setting than the rent series alone might imply, because prices were lower year over year and marketing time was extended.

Zillow’s ZIP-level ZORI is $2,291 per month at the stated endpoint. It is a typical observed asking-rent index blended across rental types, rather than a lease-specific quote or a measure of every occupied home. The one-year exact same-month annualized change was 1.77%, the three-year measure was 1.87%, and the five-year measure was 6.15%. Recent movement therefore confirms continued growth but breaks from the substantially faster longer path. With 2.46% annualized monthly-return variability, the current index merits reasonably solid but not unlimited confidence as a rent snapshot; its largest recorded peak-to-trough decline was 2.89%. History coverage was 99.28%, based on 137 observations and 135 consecutive monthly returns. These are backward-looking measurements, not forecasts or investment recommendations.

The bedroom figures are modelled estimates, not measured bedroom rents. Scaling ZIP ZORI through the local HUD ladder produces estimates of $1,756 for a studio, $1,867 for one bedroom, $2,291 for two bedrooms, $3,071 for three bedrooms, and $3,548 for four bedrooms. The underlying HUD FMR/SAFMR ladder is an administrative, bedroom-specific standard rather than asking rent; its two-bedroom standard is $2,333. Thus, the ladder is useful for expressing a consistent size gradient around the ZIP index, but it cannot establish the market rent, condition, lease terms, or utility treatment of an individual apartment or house.

The matched Census ZCTA ACS five-year survey offers a materially different rent universe. Its $2,002 median gross rent describes occupied renter homes and includes selected utilities, making the current asking-rent index 14.44% higher on a cross-source comparison. A ZCTA is a statistical area and is not identical to a USPS delivery ZIP. Within the ACS renter-household universe, 3,148 of 5,848 renter households, or 53.83%, reported spending at least 30% of income on rent. The ZCTA median household income was $92,591, while annualizing the ZIP asking-rent index produces a $91,640 income figure under a 30% screen. That screen is arithmetic only, not advice or an applicant qualification rule; household incomes, bedroom needs, utilities, and lease terms can differ sharply.

The ACS housing-stock profile gives important context for how broadly any ZIP rent index may apply. Of 30,300 housing units, the reported vacancy rate was 6.06%, and renters represented 20.55% of occupied homes. The stock included 22,088 single-family units and 1,467 units in large multifamily structures, so a blended asking-rent measure spans housing forms with potentially different pricing behavior. There were 319 units vacant for rent and 780 vacant seasonal units. Those counts describe census categories rather than immediately available, comparable rentals. In particular, neither the ZIP vacancy rate nor the burden share proves availability, affordability, or payment stress at a particular property.

Wider geographies point in a different direction, but they remain context rather than substitutes for ZIP evidence. In West Palm Beach city context, the asking-rent value was $2,391 and the renter share was 49.48%, both different from the ZIP profile. In Palm Beach County context, the asking-rent value was $2,662 and the renter burden share was 62.28%. In Miami-Fort Lauderdale-Pompano Beach metro context, the asking-rent value was $2,695, the rent-to-income measure was 42.25%, and apartment vacancy was 6.80%. These city, county, and metro values help frame broader comparisons, but they do not re-estimate conditions in 33411 or override its direct Zillow and Redfin observations.

The history discovery measures reinforce the split between stability and momentum. Among nationally history-eligible ZIPs, the momentum score was 44.64 with rank 1,616, whereas the stability score was 78.80 with rank 616; the balanced score was 58.30 with rank 1,020. Lower ranks are stronger within these transparent discovery measures, not ratings of a property or predictions of future rents. Annualized ZIP ZORI divided by Redfin’s median sold price produces a 5.85% screening ratio. It is a cross-source screening ratio only, not a cap rate, net return, expected return, or property yield. The tension is clear: rent history and the income screen look comparatively steady, while direct resale evidence shows lower sold prices and slower market conditions.

Several limits should remain central to interpretation. Zillow describes a typical asking-rent index, ACS describes surveyed occupied renter homes, HUD supplies an administrative standard, and Redfin records ZIP resale activity over a rolling period; none independently establishes a current rent or economics for one address. Property-level review should verify actual bedroom count, unit condition, lease duration, included utilities, concessions, listing availability, and whether the address is served under a delivery ZIP that differs from the ZCTA boundary. A comparable-property check should also separate asking rents from signed leases and distinguish active listings from stale or withdrawn inventory. The key unresolved question is whether a specific unit’s terms resemble the blended ZIP rent index more closely than the administrative and survey benchmarks.

Decision signals

What deserves a closer property-level check

Rent growth has moderated without reversing

The ZIP asking-rent index continued to rise over the one-year and three-year windows, but both measures were far below the five-year growth pace. Low measured variability and a shallow historical drawdown support confidence that the index is not dominated by abrupt swings. That evidence remains historical and cannot establish future rent direction.

Current asking rent exceeds the occupied-home survey benchmark

The Zillow asking-rent index sits above ACS median gross rent, which is expected to reflect different universes: current typical asks versus occupied renter homes with selected utilities included. The income screen is close to the ZCTA median household income, while a majority of surveyed renter households reported rent burdens at or above the stated threshold.

Resale signals are softer than the rent series

Redfin’s direct ZIP resale data show a year-over-year decline in median sold price, extended marketing time, supply near a balanced-to-looser range, and average sales below list price. These for-sale signals do not measure rents, but they challenge an interpretation based solely on stable asking-rent history and cross-source affordability arithmetic.

Bedroom figures are a scaling tool, not unit comps

The bedroom ladder translates the blended ZIP rent index using local HUD size relationships. It helps show the implied premium from studios through larger homes, yet it is modelled rather than observed. Individual rents can differ because of property type, condition, included utilities, concessions, lease terms, and current listing availability.

  • The asking-rent index, ACS gross-rent survey, and HUD administrative standard measure different populations and price concepts, so apparent gaps should not be treated as evidence that any specific listing is over- or underpriced.
  • Rent burden and vacancy are area-level ACS measures. They cannot demonstrate whether one currently available unit is affordable, vacant, comparable in condition, or occupied by a household experiencing payment stress.
  • Redfin’s resale results cover for-sale transactions over a rolling three-month ZIP period, not rental transactions. Lower sale prices or longer marketing time do not mechanically determine future rents or individual property economics.
  • The ZCTA is a statistical boundary rather than a USPS delivery ZIP, and survey estimates carry uncertainty. Address-level geography, actual unit features, utilities, concessions, and lease terms require separate verification.
Direct ZIP resale evidence

For-sale liquidity inside ZIP 33411

Redfin reports these as a rolling three-month ZIP observation through 2026-06-30. They describe the for-sale market, not rental vacancy or the rent of a particular property.

Median sale price$469,894-6.0% year over year
Homes sold309rolling three-month observation
Median days on market88 daysfor-sale listing absorption
Months of supply5.0resale inventory relative to sales pace

Activity and available supply

Direct ZIP counts remain separate because each describes a different stage of the resale funnel.

Direct resale activity for ZIP 33411Active listings880Inventory510Pending sales383Homes sold309

Counter-signals before underwriting

A price alone does not reveal how quickly buyers are absorbing available homes.

Inventory direction

510 observed inventory · +3.2% year over year.

Price realization

96.6% average sale-to-list ratio · 7.7% sold above original list.

Early absorption

18.0% went off market within two weeks; compare this with 88 median days on market.

Measurement boundary

Small ZIP samples can move sharply. This rolling period smooths monthly noise but does not replace current address-level sale and rent comparables.

Redfin Data Center · updated 2026-07-03 · exact five-digit ZIP key. Implausible source values are withheld as n/a rather than repaired or inherited from a broader geography.

Wider market evidence

Listing and rental liquidity around the ZIP

These measures are not ZIP observations. They are labelled county or metro context so they can challenge the local story without being copied into it.

Palm Beach County listing conditions

11,072 active Realtor.com listings · 77 median days on market · 16.0% price-reduced share · 2026-06.

Miami-Fort Lauderdale-Pompano Beach, FL resale supply

n/a · n/a · n/a listings with price drops · Redfin 2026-05-01.

Apartment List metro liquidity

6.8% reported apartment vacancy · 27 days on market. These are direct metro observations and do not describe a particular ZIP unit.

Property-level next step

Compare live same-bedroom listings, concessions, utilities, condition and days listed inside ZIP 33411. The report frames the market; it does not replace a rent roll, lease review or address-level comparable set.

Questions this report can answer

Scope-aware answers

How should the bedroom rent figures be used?

They should be read as modelled ZIP estimates created by scaling the blended Zillow asking-rent index with the local HUD bedroom ladder. They are not measured rents for available studios, apartments, or houses. A specific unit may differ materially because of condition, structure type, included utilities, lease length, concessions, and current availability.

What does the affordability screen actually show?

It annualizes the ZIP asking-rent index and applies a 30% income share to calculate an income comparison point. The result is arithmetic, not lending guidance, legal advice, an applicant qualification standard, or evidence that a particular household can afford a particular property. ACS burden data separately describe surveyed renter households in the ZCTA.

Why does the resale evidence matter if the report concerns rents?

Redfin provides direct ZIP for-sale evidence rather than rental evidence. Its sold-price trend, marketing time, inventory, supply, and sale-to-list measures describe resale liquidity and seller-buyer conditions. Those observations can test whether the rent narrative is occurring alongside a firmer or softer resale market, but they do not create rental comps or a property return measure.

Which checks remain necessary before applying these ZIP figures to an address?

Confirm the address’s delivery ZIP and ZCTA relationship, bedroom count, property type, condition, included utilities, advertised rent, concessions, lease term, and actual availability. Compare contemporaneous listings with signed-rent evidence where available, and keep those property-level checks separate from ACS survey medians, HUD administrative standards, Zillow index values, and Redfin resale observations.