Cheap Apartments For Rent In Royal Palm Beach . What is a cheap rent in royal palm beach, fl? 11751 oleander dr, royal palm beach, fl 33411. Royal Palm Village 60 Homes Available 3000 Highway 17/92 West from www.mhbo.com Royal palm beach, fl cheap apartments for rent. As of june 2022, the average apartment rent in west palm beach, fl is $1,163 for a studio, $1,288 for one bedroom, $1,449 for two bedrooms, and $1,554 for three bedrooms. 1205 lakeview dr w #1205, royal palm.