Guide to Top West Palm Beach Neighborhoods for Airbnb

Guide to Top West Palm Beach Neighborhoods for Airbnb

West Palm Beach is a vibrant destination that offers a diverse range of neighborhoods, making it perfect for Airbnb hosts and guests alike. From historic districts to trendy hotspots, this guide will provide you with an in-depth look at the best West Palm Beach neighborhoods for Airbnb.

West Palm Beach Neighborhoods for Airbnb in or Overlapping with 33404

Guide to Top West Palm Beach Neighborhoods for Airbnb

Singer Island North & Singer Island

Singer Island North and Singer Island are known for their beautiful beaches, luxurious resorts, and vibrant marine life. These neighborhoods are ideal for those looking to enjoy waterfront activities, from boating and fishing to scuba diving and snorkeling. The area is a popular choice for vacationers and long-term residents alike, thanks to its stunning coastal views and relaxed atmosphere.

Palm Beach Shores

Palm Beach Shores is a small, charming community located at the southern tip of Singer Island. This neighborhood is renowned for its serene beaches, lush parks, and friendly atmosphere. Residents and visitors can enjoy the Palm Beach Shores Resort and a range of outdoor activities, making it a perfect destination for families and retirees seeking a peaceful retreat.

Silver Beach Acres / Inlet Shores

Silver Beach Acres / Inlet Shores offers a mix of residential and commercial areas with easy access to the Intracoastal Waterway. This neighborhood is ideal for those who appreciate a suburban feel with the convenience of nearby shopping, dining, and recreational opportunities. The area is known for its community-oriented vibe and proximity to water-based activities.

Riviera Beach North, Southwest, & Northwest

Riviera Beach encompasses several distinct areas, including Riviera Beach North, Southwest, and Northwest. These neighborhoods are characterized by their diverse communities, range of housing options, and access to local amenities. Riviera Beach is home to the Port of Palm Beach and a variety of parks and cultural attractions, making it a dynamic place to live and visit.

Pleasant Heights

Pleasant Heights is a residential neighborhood known for its quiet streets and family-friendly environment. This area offers a mix of single-family homes and apartment complexes, providing options for various lifestyles and budgets. Its close-knit community and convenient location make it a desirable place for families and professionals.

13th Street / Inlet Grove

13th Street / Inlet Grove is an up-and-coming neighborhood with a focus on redevelopment and community improvement. This area is attracting attention for its potential growth and investment opportunities. With ongoing efforts to enhance local infrastructure and amenities, it is becoming an appealing choice for new residents and businesses.

Airbnb Market Insights for 33404

Financial Overview

The Airbnb market in the 33404 area is robust, with significant potential for high returns. Here are some key financial metrics:

  • Average Daily Rate (ADR): $438.1
  • Maximum Daily Rate (March): $518
  • Occupancy Rate: 56%
  • Maximum Occupancy Rate (March): 78%
  • Maximum Monthly Revenue (March): $9,600
  • Number of Active Rentals: 565
  • Average Annual Revenue per Rental: $71.5K
  • Revenue Per Available Room (RevPAR): $247.8
  • Weekend RevPAR: $419
  • Best Month for Revenue: March
  • Submarket Score: 70

Real Estate Trends

The real estate market in 33404 has shown positive growth, making it an attractive area for investment:

  • Average Home Value: $420,499
  • Annual Increase in Home Value: 1.7%

Short Analysis of the Airbnb Market in 33404

The 33404 area, encompassing popular neighborhoods such as Singer Island and Palm Beach Shores, represents a highly lucrative Airbnb market. With an average daily rate of $438.1 and occupancy peaking at 78% in March, the potential for strong rental income is evident. The average annual revenue per rental stands at $71.5K, significantly boosted by high weekend rates (RevPAR $419) and strong monthly earnings, especially in March with a maximum monthly revenue of $9,600. The presence of 565 active rentals indicates a competitive yet thriving market.

Real estate values in the area have also appreciated, with the average home value at $420,499, up 1.7% over the past year. This upward trend in property values, combined with the solid rental income potential, makes 33404 an attractive investment for both current and prospective Airbnb hosts. The submarket score of 70 further highlights the area’s viability as a top choice for short-term rental investments.

West Palm Beach Neighborhoods for Airbnb in or Overlapping with 33401

Guide to Top West Palm Beach Neighborhoods for Airbnb

Embassy Dr / Congress Ave

Embassy Dr / Congress Ave. is a well-situated area that combines residential living with easy access to commercial establishments. This neighborhood is ideal for those seeking convenience, with numerous shopping centers, restaurants, and office spaces nearby. The area offers a mix of housing options, including apartments and single-family homes, making it attractive to a variety of residents, from young professionals to families.

Palm Beach Lakes South

Palm Beach Lakes South is known for its suburban feel and family-friendly environment. This neighborhood offers a variety of amenities, including parks, schools, and shopping centers. The area is characterized by its well-maintained homes, tree-lined streets, and strong sense of community. Residents enjoy easy access to the Palm Beach Outlets and other retail destinations.

Executive Center Dr / Presidio Pl

Executive Center Dr / Presidio Pl is a vibrant area that combines office buildings with residential complexes. This neighborhood is ideal for professionals who want to live close to their workplaces. It offers a range of housing options, from high-rise apartments to townhouses, and is conveniently located near major highways, making commuting easy. The area also features several dining and entertainment options.

Lake Mangonia

Lake Mangonia offers scenic views and a tranquil environment close to the lake. This neighborhood is perfect for those who enjoy outdoor activities such as fishing, boating, and bird-watching. The area is predominantly residential, with a mix of single-family homes and apartments. Its serene setting and proximity to nature make it a peaceful retreat within the city.

Coleman Park

Coleman Park is a residential neighborhood known for its community parks and local amenities. The area features a mix of historic homes and newer construction, providing diverse housing options. Coleman Park is home to several community centers, playgrounds, and sports facilities, making it a great choice for families and individuals who enjoy an active lifestyle.

Pleasant City / Providencia Park

Pleasant City / Providencia Park is rich in history and culture, offering a diverse community with a vibrant atmosphere. This neighborhood has a variety of housing options, from historic homes to modern apartments. The area is known for its cultural events, local markets, and community initiatives. Residents enjoy a strong sense of community and easy access to downtown West Palm Beach.

Downtown West Palm Beach North

Downtown West Palm Beach North is close to the city’s main attractions, making it ideal for tourists and business travelers. The area is bustling with activity, featuring numerous restaurants, bars, shops, and cultural venues. Housing options range from luxury condos to more affordable apartments, catering to a wide range of residents. The neighborhood’s central location makes it a hub of activity and convenience.

S Rosemary Ave / Okeechobee Blvd

S. Rosemary Ave / Okeechobee Blvd. is a bustling area with a mix of commercial and residential properties. This neighborhood is home to CityPlace, a premier shopping, dining, and entertainment destination. The area is ideal for those who enjoy an urban lifestyle with easy access to amenities. Housing options include high-rise condos, apartments, and townhouses.

Marina Park

Marina Park offers waterfront views and easy access to boating and water sports. This neighborhood is perfect for those who love the water and outdoor activities. Marina Park features a mix of residential options, including waterfront condos and single-family homes. The area is known for its scenic beauty, marinas, and parks, making it a desirable location for nature enthusiasts.

El Cid

El Cid is a historic neighborhood known for its beautifully preserved homes and tree-lined streets. The area exudes charm and elegance, with architecture dating back to the 1920s. El Cid is a tranquil residential community with a strong sense of history and character. It offers easy access to downtown West Palm Beach, making it a popular choice for those seeking a blend of historic charm and modern convenience.

Downtown West Palm Beach

Downtown West Palm Beach is the heart of the city, filled with entertainment, dining, and shopping options. This vibrant neighborhood is perfect for those who want to be at the center of the action. Downtown features a mix of residential buildings, from luxury high-rises to more affordable apartments. The area is known for its lively atmosphere, cultural events, and waterfront views.

Howard Park

Howard Park is known for its green spaces and family-friendly environment. This neighborhood features a large park with recreational facilities, including sports fields, playgrounds, and walking trails. Howard Park is a quiet residential area with a mix of single-family homes and apartments. It is an ideal location for families and individuals who enjoy outdoor activities and a close-knit community feel.

Airbnb Market Insights for 33401

Financial Overview

The Airbnb market in the 33401 area is dynamic, offering promising opportunities for hosts. Key financial metrics include:

  • Average Daily Rate (ADR): $292.4
  • Maximum Daily Rate (March): $343
  • Occupancy Rate: 54%
  • Maximum Occupancy Rate (February): 75%
  • Maximum Monthly Revenue (March): $6,300
  • Number of Active Rentals: 490
  • Average Annual Revenue per Rental: $47.1K
  • Revenue Per Available Room (RevPAR): $162.2
  • Weekend RevPAR: $288
  • Best Month for Revenue: February
  • Submarket Score: 65

Real Estate Trends

The real estate market in 33401 has seen positive growth, which makes it a lucrative area for investment:

  • Average Home Value: $437,463
  • Annual Increase in Home Value: 2.1%

Short Analysis of the Airbnb Market in 33401

The 33401 zip code, including neighborhoods like Downtown West Palm Beach, El Cid, and Howard Park, presents a strong market for Airbnb rentals. With an average daily rate of $292.4 and occupancy rates peaking at 75% in February, hosts can expect consistent demand. The average annual revenue of $47.1K per rental is bolstered by high weekend rates (RevPAR $288) and strong monthly earnings in peak months like February, with maximum monthly revenue reaching $6,300.

The area’s real estate values have appreciated, with the average home value at $437,463, up 2.1% over the past year. This growth, coupled with a submarket score of 65, indicates a healthy and competitive market, making 33401 a viable option for both new and experienced Airbnb hosts. The diverse neighborhoods within this zip code offer various attractions and amenities, ensuring a broad appeal to different types of travelers.

West Palm Beach Neighborhoods for Airbnb in or Overlapping with 33405

Guide to Top West Palm Beach Neighborhoods for Airbnb

Georgia Ave / El Vedado

Georgia Ave / El Vedado is a charming neighborhood known for its historic homes and tree-lined streets. This area combines residential tranquility with proximity to urban amenities. The neighborhood features a mix of architectural styles, providing a unique and picturesque setting for residents. It is ideal for those who appreciate a blend of history and modern conveniences.

Phipps Park

Phipps Park is a vibrant neighborhood centered around the expansive Phipps Park itself, which offers numerous recreational opportunities. The park includes sports fields, walking trails, and picnic areas, making it a popular spot for families and outdoor enthusiasts. The residential area around Phipps Park features a mix of single-family homes and apartments, providing a variety of housing options.

Colonial Estates / South End

Colonial Estates / South End is a diverse and dynamic neighborhood known for its eclectic mix of homes and close-knit community. The area is characterized by its welcoming atmosphere and convenient location near shopping, dining, and entertainment options. Residents enjoy easy access to the Intracoastal Waterway, adding to the neighborhood’s appeal.

Dreher Park

Dreher Park is named after one of the largest parks in West Palm Beach, offering extensive green spaces, a zoo, and various recreational facilities. The neighborhood is ideal for families and individuals who enjoy outdoor activities and a strong sense of community. Housing options in Dreher Park range from charming single-family homes to modern apartments, catering to diverse preferences.

Airbnb Market Insights for 33405

Financial Overview

The Airbnb market in the 33405 area offers attractive opportunities for hosts, characterized by promising financial metrics:

  • Average Daily Rate (ADR): $304.1
  • Maximum Daily Rate (February-March): $361
  • Occupancy Rate: 54%
  • Maximum Occupancy Rate (February): 78%
  • Maximum Monthly Revenue (March): $6,400
  • Number of Active Rentals: 431
  • Average Annual Revenue per Rental: $47.9K
  • Revenue Per Available Room (RevPAR): $168.3
  • Weekend RevPAR: $303
  • Best Month for Revenue: February
  • Submarket Score: 41

Real Estate Trends

The real estate market in 33405 has shown robust growth, making it an attractive area for investment:

  • Average Home Value: $561,288
  • Annual Increase in Home Value: 5.9%

Short Analysis of the Airbnb Market in 33405

The 33405 zip code, encompassing neighborhoods like Georgia Ave / El Vedado, Phipps Park, and Colonial Estates / South End, presents a robust market for Airbnb rentals. With an average daily rate of $304.1 and occupancy rates peaking at 78% in February, hosts can expect steady demand. The average annual revenue of $47.9K per rental is bolstered by high weekend rates (RevPAR $303) and strong monthly earnings in peak months like March, with maximum monthly revenue reaching $6,400.

Real estate values in the area have appreciated significantly, with the average home value at $561,288, up 5.9% over the past year. This growth, combined with a submarket score of 41, suggests a healthy and competitive market, making 33405 a viable option for both new and experienced Airbnb hosts. The diverse neighborhoods within this zip code offer various attractions and amenities, ensuring broad appeal to different types of travelers.

By choosing to invest in or stay in these neighborhoods, Airbnb hosts and guests can enjoy the vibrant and diverse environment that West Palm Beach has to offer.

West Palm Beach Neighborhoods for Airbnb in or Overlapping with 33407

Guide to Top West Palm Beach Neighborhoods for Airbnb

Riviera Beach West

Riviera Beach West is a residential neighborhood offering a mix of single-family homes and apartments. The area is known for its community-oriented atmosphere and proximity to local amenities such as parks, schools, and shopping centers. It’s a great neighborhood for families and individuals seeking a suburban feel with urban conveniences.

Mangonia Park

Mangonia Park is a small, vibrant community known for its friendly residents and easy access to public transportation. The neighborhood features a variety of housing options, including affordable apartments and single-family homes. Mangonia Park is close to major highways, making it convenient for commuters.

Northwood Harbor

Northwood Harbor is a picturesque neighborhood characterized by its waterfront views and charming homes. The area offers a tranquil living environment with easy access to the Intracoastal Waterway, making it ideal for those who enjoy boating and water activities. Northwood Harbor is also known for its historic homes and quiet streets.

Northwood Shores / Northwood Pines

Northwood Shores / Northwood Pines is an eclectic neighborhood known for its artistic vibe and diverse community. The area features a mix of historic and contemporary homes, with many properties boasting unique architectural styles. Residents enjoy a vibrant arts scene, local boutiques, and trendy cafes.

Westfield / Northwood Hills

Westfield / Northwood Hills is a diverse and dynamic neighborhood offering a variety of housing options, from affordable apartments to mid-century single-family homes. The area is known for its active community and numerous local parks, making it a great place for families and outdoor enthusiasts.

The Villages of Palm Beach Lakes North

The Villages of Palm Beach Lakes North is a well-planned community offering modern amenities and a variety of recreational activities. The neighborhood features townhomes, condos, and single-family homes, providing options for different lifestyles. Residents enjoy access to community pools, tennis courts, and walking trails.

Lake Mangonia

Lake Mangonia offers scenic views and a peaceful environment close to the lake. This neighborhood is perfect for those who enjoy outdoor activities such as fishing, boating, and bird watching. The area is predominantly residential, with a mix of single-family homes and apartments. Its serene setting and proximity to nature make it a peaceful retreat within the city.

Coleman Park

Coleman Park is a residential neighborhood known for its community parks and local amenities. The area features a mix of historic homes and newer construction, providing diverse housing options. Coleman Park is home to several community centers, playgrounds, and sports facilities, making it a great choice for families and individuals who enjoy an active lifestyle.

Pleasant City / Providencia Park

Pleasant City / Providencia Park is rich in history and culture, offering a diverse community with a vibrant atmosphere. This neighborhood has a variety of housing options, from historic homes to modern apartments. The area is known for its cultural events, local markets, and community initiatives. Residents enjoy a strong sense of community and easy access to downtown West Palm Beach.

Airbnb Market Insights for 33407

Financial Overview

The Airbnb market in the 33407 area offers solid opportunities for hosts, characterized by the following financial metrics:

  • Average Daily Rate (ADR): $273.4
  • Maximum Daily Rate (March): $323
  • Occupancy Rate: 55%
  • Maximum Occupancy Rate (February): 75%
  • Maximum Monthly Revenue (March): $5,900
  • Number of Active Rentals: 295
  • Average Annual Revenue per Rental: $44.7K
  • Revenue Per Available Room (RevPAR): $153.5
  • Weekend RevPAR: $265
  • Best Month for Revenue: March
  • Submarket Score: 73

Real Estate Trends

The real estate market in 33407 has shown positive growth, making it an appealing area for investment:

  • Average Home Value: $343,185
  • Annual Increase in Home Value: 4.4%

Short Analysis of the Airbnb Market in 33407

The 33407 zip code, which includes neighborhoods such as Northwood Harbor, Mangonia Park, and Pleasant City / Providencia Park, presents a promising market for Airbnb rentals. With an average daily rate of $273.4 and occupancy rates peaking at 75% in February, hosts can expect steady demand. The average annual revenue of $44.7K per rental is supported by high weekend rates (RevPAR $265) and strong monthly earnings in peak months like March, with maximum monthly revenue reaching $5,900.

Real estate values in the area have appreciated, with the average home value at $343,185, up 4.4% over the past year. This growth, coupled with a submarket score of 73, indicates a healthy and competitive market, making 33407 a viable option for both new and experienced Airbnb hosts. The diverse neighborhoods within this zip code offer various attractions and amenities, ensuring broad appeal to different types of travelers.

By choosing to invest in or stay in these neighborhoods, Airbnb hosts and guests can enjoy the vibrant and diverse environment that West Palm Beach has to offer.

West Palm Beach Neighborhoods for Airbnb in or Overlapping with 33406

Guide to Top West Palm Beach Neighborhoods for Airbnb

Glen Ridge / Cloud Lake

Glen Ridge / Cloud Lake is a serene residential neighborhood known for its peaceful environment and lush greenery. The area features a mix of single-family homes and townhouses, offering a suburban feel with close proximity to urban amenities. Residents enjoy easy access to parks and recreational facilities, making it a great place for families and nature enthusiasts.

Gun Club Estates

Gun Club Estates is a diverse community with a range of housing options, from affordable apartments to mid-century single-family homes. The neighborhood is known for its friendly atmosphere and convenient location near major highways and shopping centers. It’s an ideal area for individuals and families looking for a balanced lifestyle.

Laguna Park

Laguna Park offers a picturesque setting with scenic views and a tranquil environment. This neighborhood is perfect for those who appreciate outdoor activities such as jogging, biking, and picnicking. The area features well-maintained homes and a strong sense of community, making it an attractive choice for families and retirees.

Pine Air

Pine Air is a vibrant neighborhood with a mix of residential and commercial properties. The area is known for its bustling local markets, diverse dining options, and active community life. Pine Air offers a variety of housing styles, catering to different tastes and budgets, and is popular among young professionals and families.

Lakewood / Preston Square

Lakewood / Preston Square is a well-established neighborhood with a mix of historic and contemporary homes. The area boasts tree-lined streets, well-kept lawns, and a welcoming atmosphere. Residents enjoy access to local parks, schools, and shopping centers, making it a convenient and desirable place to live.

Anna Johns Estates / Cypress Estates Of Palm Springs

Anna Johns Estates / Cypress Estates Of Palm Springs is a family-friendly neighborhood known for its spacious homes and quiet streets. The area features a variety of recreational facilities, including playgrounds, sports fields, and community centers. It’s an ideal location for families looking for a safe and engaging environment.

Military Hill / Congress Park

Military Hill / Congress Park is a dynamic neighborhood offering a blend of residential and commercial spaces. The area is characterized by its diverse housing options, ranging from affordable apartments to luxurious homes. Residents benefit from its proximity to major transportation routes and a wide array of amenities.

Lakeside Village / Frost Park

Lakeside Village / Frost Park offers a tranquil living environment with beautiful lake views and ample green spaces. This neighborhood is ideal for outdoor enthusiasts who enjoy activities such as fishing, boating, and hiking. The area features a mix of single-family homes and condos, providing options for various lifestyles.

Lake Clarke Shores

Lake Clarke Shores is a picturesque neighborhood known for its waterfront properties and lush landscapes. The area offers a serene living environment with easy access to the Intracoastal Waterway. Residents enjoy a variety of outdoor activities and a strong sense of community, making it a highly desirable place to live.

Golfview

Golfview is a prestigious neighborhood characterized by its upscale homes and proximity to golf courses. The area offers a luxurious lifestyle with well-manicured lawns, exclusive amenities, and a peaceful atmosphere. Golfview is perfect for those seeking an elegant and refined living environment.

Airbnb Market Insights for 33406

Financial Overview

The Airbnb market in the 33406 area offers attractive opportunities for hosts, characterized by promising financial metrics:

  • Average Daily Rate (ADR): $324.1
  • Maximum Daily Rate (February-March): $405
  • Occupancy Rate: 57%
  • Maximum Occupancy Rate (March): 77%
  • Maximum Monthly Revenue (March): $7,800
  • Number of Active Rentals: 118
  • Average Annual Revenue per Rental: $55.3K
  • Revenue Per Available Room (RevPAR): $188.2
  • Weekend RevPAR: $329
  • Best Month for Revenue: February
  • Submarket Score: 51

Real Estate Trends

The real estate market in 33406 has shown robust growth, making it an attractive area for investment:

  • Average Home Value: $428,467
  • Annual Increase in Home Value: 8.2%

Short Analysis of the Airbnb Market in 33406

The 33406 zip code, encompassing neighborhoods such as Glen Ridge / Cloud Lake, Gun Club Estates, and Lake Clarke Shores, presents a lucrative market for Airbnb rentals. With an average daily rate of $324.1 and occupancy rates peaking at 77% in March, hosts can expect consistent demand. The average annual revenue of $55.3K per rental is bolstered by high weekend rates (RevPAR $329) and strong monthly earnings in peak months like March, with maximum monthly revenue reaching $7,800.

Real estate values in the area have appreciated significantly, with the average home value at $428,467, up 8.2% over the past year. This growth, combined with a submarket score of 51, indicates a healthy and competitive market, making 33406 a viable option for both new and experienced Airbnb hosts. The diverse neighborhoods within this zip code offer various attractions and amenities, ensuring broad appeal to different types of travelers.

By choosing to invest in or stay in these neighborhoods, Airbnb hosts and guests can enjoy the vibrant and diverse environment that West Palm Beach has to offer.

Conclusion

West Palm Beach neighborhoods for Airbnb offer a rich tapestry of options, each with unique characteristics that make them ideal for hosts and guests. The 33404 area, featuring luxurious waterfront locales like Singer Island and community-centric areas like Pleasant Heights, shows high rental income potential and positive real estate growth. In contrast, the 33401 area blends urban vibrancy with historic charm, providing diverse attractions and amenities that ensure consistent demand and substantial annual revenue for hosts. The 33405 area, with its serene and historic neighborhoods like Georgia Ave / El Vedado, and Phipps Park, boasts robust growth and attractive rental returns. The 33406 area, encompassing tranquil and family-friendly neighborhoods like Glen Ridge / Cloud Lake, and Gun Club Estates, shows significant growth in home values and strong rental income, making it an attractive market for both new and experienced Airbnb hosts. Meanwhile, 33407 offers promising opportunities with diverse communities and a steadily appreciating real estate market. Each of these West Palm Beach neighborhoods for Airbnb highlights the city’s dynamic appeal, making it a prime destination for Airbnb investments.