Palm Beach Multifamily Market Report
By CREhunt Research · Data through Q2 2026 · Aggregated from Cushman & Wakefield, Colliers
Quarterly multifamily market indicators for Palm Beach, aggregated by CREhunt from Cushman & Wakefield, Colliers. As of Q2 2026, vacancy was 6.7%, per Cushman & Wakefield.
Projected current multifamily pricing — Palm Beach
Modeled estimate (income approach) shown as a range — not an appraisal. No market-specific cap rate is published for Palm Beach multifamily yet, so this applies the typical cap rate across comparable multifamily markets — treat it as a rough, indicative range that sharpens as sourced cap rates arrive. Projected asking rent × occupancy × net-operating-income margin band ÷ a benchmark cap rate, from Q1 2025 Colliers asking-rent data (benchmark cap rate 5.1%–6.0%, asking rent held flat). Assumes ~92% occupancy (vacancy not reported) and a 52–65% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q2 2026 Cushman & Wakefield | — | 6.7% | 2K SF | 6K SF | Cushman & Wakefield |
| Q1 2025 Colliers | $1,604.00/unit/mo | — | 84 SF | — | Colliers |
| Q2 2021 Colliers | $1,597.00/unit/mo | — | 1K SF | — | Colliers |
Frequently asked questions
- What is the average asking rent for multifamily space in Palm Beach?
- CREhunt aggregates multifamily asking-rent data for Palm Beach from major brokerage market reports; see the quarterly table for the latest available figures.
- What is the multifamily vacancy rate in Palm Beach?
- The multifamily vacancy rate in Palm Beach was 6.7% as of Q2 2026 (Cushman & Wakefield).
- Where does CREhunt's Palm Beach market data come from?
- This report aggregates quarterly multifamily market data for Palm Beach from Cushman & Wakefield, Colliers.