Mortgage Rates in Palm Beach Gardens, Florida — March 2026
Updated March 2026 | Based on Palm Beach Gardens market data and regional lending conditions
Palm Beach Gardens is a growing city in Florida with a population of 59,783. The current 30-year fixed mortgage rate in Palm Beach Gardens is 6.69%, which is 0.04% above the national average. With a median home price of $359,000 and a 20% down payment of $71,800, homebuyers can expect a monthly principal and interest payment of approximately $1,851.
Current Mortgage Rates in Palm Beach Gardens, FL
Below are the current average mortgage rates available in the Palm Beach Gardens area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.69% | 6.65% | +0.04% |
| 15-Year Fixed | 5.94% | 5.89% | +0.05% |
| 5/1 ARM | 6.22% | 6.15% | +0.07% |
| FHA | 6.47% | 6.25% | +0.22% |
| VA | 6.22% | 6.05% | +0.17% |
| Jumbo | 6.94% | 6.85% | +0.09% |
Palm Beach Gardens Housing Market Overview
The Palm Beach Gardens housing market reflects moderate demand with prices near the national average. The median household income in Palm Beach Gardens is $57,900, and the cost of living index is 97.5 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $90,600 to comfortably afford the median-priced home in Palm Beach Gardens, which exceeds the current median household income.
Monthly Payment Breakdown for Palm Beach Gardens
Based on the median home price of $359,000 with 20% down ($71,800), here is what you can expect to pay monthly in Palm Beach Gardens:
15-Year vs. 30-Year Mortgage in Palm Beach Gardens
Choosing a 15-year mortgage in Palm Beach Gardens at 5.94% instead of a 30-year at 6.69% would save you $231,840 in total interest over the life of the loan. However, your monthly payment would be $2,414 instead of $1,851 — an increase of $563 per month.
Calculate Your Palm Beach Gardens Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Palm Beach Gardens
What are the current mortgage rates in Palm Beach Gardens, FL?
As of March 2026, the average 30-year fixed mortgage rate in Palm Beach Gardens, Florida is 6.69%, while the 15-year fixed rate is 5.94%. FHA loans average 6.47% and VA loans 6.22%. These rates are 0.04% above the national average of 6.65%.
How much is a monthly mortgage payment in Palm Beach Gardens?
Based on the median home price of $359,000 with 20% down, the estimated monthly mortgage payment in Palm Beach Gardens is $1,851 for principal and interest. Including property taxes of $263/month, the total monthly housing cost is approximately $2,114.
What income do I need to buy a home in Palm Beach Gardens?
Using the 28% rule, you would need an annual income of approximately $90,600 to afford the median-priced home in Palm Beach Gardens at $359,000. The median household income in Palm Beach Gardens is $57,900. This means most households would need to either earn above the median or consider homes below $359,000.
Is Palm Beach Gardens a good place to buy a home in 2026?
Palm Beach Gardens offers a below-average cost of living with a cost of living index of 97.5 (national average = 100). The property tax rate in Florida is 0.88%, which is near the national average. Palm Beach Gardens has a population of 59,783 and offers a balanced lifestyle.
Mortgage Rates in Other Florida Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Palm Beach Gardens, Florida area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.