Rentable.co has 4 apartments under $1,200 available for rent in West Palm Beach. Once you find a senior apartment, itapos;s time to apply. Remember, most of these apartments are full, and applicants are placed on a waiting list. For example, for the first time since 2018, the Houston Housing Authority8217;s affordable housing waitlist reopened in Jan. 2023. However, certain exceptions will help your case, such as being homeless or living in an unsafe environment. Submitting your application to multiple HUD-sponsored apartments may increase the read it chances of being selected. The average rent for a two-bedroom apartment in West Palm Beach is around $2,300 per month. Most apartment rentals go through an apartment management company. Take time to weigh the pros and cons of renting a senior apartment. A significant benefit is that renting is a short-term commitment. You have the flexibility to move if your needs change, and you donapos;t have to worry about budgeting for property taxes. Plus, renterapos;s insurance is considerably less than homeownerapos;s insurance. On the flip side, you donapos;t own the property, so thereapos;s no profit to be earned. Another point to keep in mind is that income-based senior apartments (more details about them below) come with strict government guidelines, so not all older adults qualify for income-based housing.