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Updated 1 hour ago

5116-5118 Canal Rd


West Palm Beach, FL

1 Bed
•
1 Bath

582 Sq. Ft.

Available starting Mar. 1st
Floor plans
1 Bed • 1 Bath
$1,550
582 ft2
1 Available
Managed By: LE Management
CA-2
$1,550
Available Mar 1st, 2026
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5116-5118 Canal Rd
5116-5118 Canal Rd
5116-5118 Canal Rd
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Lease & Fees
Security Deposit: $0
Property details
Description

Introducing 5116-5118 Canal Road, a modest and comfortable multifamily property located in the peaceful West Palm Beach area.
This welcoming property consists of two separate apartments, each featuring a single bedroom and a single bathroom. It provides cozy and convenient living spaces for individuals or couples.
Convenience is at your doorstep with easy access to local schools, parks, shopping, and dining. You can also enjoy the tranquility of canal views from the comfort of your own backyard.
If you're seeking a well-located, multifamily property with two separate apartments, 5116-5118 Canal Road is definitely worth considering. Arrange a visit today to see if it's the right fit for you. Your future home might just be waiting for you here.

Additional Details
Total Unit Count: 2
Last Updated: Updated 1 hour ago
Contact Number: (561) 331-1736
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 5116-5118 Canal Rd by bedroom type below.
1 Bedroom
Suggested income:
$55,800
per year
Rent report

5116-5118 Canal Rd Rent vs. West Palm Beach Average

 5116-5118 Canal Rd      West Palm Beach Average
1BR
$1,550
$1,959
$0
$650
$1,300
$1,950
$2,600

5116-5118 Canal Rd is asking 21% less than the average 1 bedroom apartment in West Palm Beach.

If you upsized to an average priced West Palm Beach 2 bedroom apartment, you would pay 11% more per month.

If you downsized to an average priced West Palm Beach studio apartment, you would pay 4% more per month.

5116-5118 Canal Rd provides 16% less square footage than the average West Palm Beach 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
5116-5118 Canal Rd
1BR $1,550 $2.70 $4,650
West Palm Beach Average
Studio $2,050 $4.00 $6,151
1BR $1,959 $2.80 $5,878
2BR $2,208 $2.20 $6,623
3BR $3,329 $2.20 $9,987
4BR $4,422 $2.00 $13,266

Availability in West Palm Beach

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 196 2BR units on the market in West Palm Beach. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
8% 29% 38% 21% 3%
Available Units in West Palm Beach
Studio 43
1BR 148
2BR 196
3BR 108
4BR 17
Location
Nearby Colleges

Palm Beach State College

Palm Beach Atlantic University

Nearby Hospitals
Name Distance
Select Specialty Hospital Palm Beach 5.05 mi.
Good Samaritan Medical Center 5.45 mi.
Wellington Regional Medical Center 5.45 mi.
Nearby Fire Stations
Name Distance
Palm Beach Shores Volunteer Fire Department 3.44 mi.
Greenacres Fire Rescue 4.02 mi.
West Palm Beach Fire Department 4.4 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on March 01, 2026.
What's the square footage of the available units?
It's 582 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 1 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
5116-5118 Canal Rd has a 1 bedroom unit starting at $1,550.
Where is this property located?
This property is at 5116-5118 Canal Rd in West Palm Beach, FL. It's 5.0 miles southwest from the center of West Palm Beach.
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