Rent too high? 'Micro' units may be the solution in South Florid - Fox29 WFLX TV, West Palm Beach, FL-news & weather

Rent too high? 'Micro' units may be the solution in South Florida

  • Fox 29 Daily HeadlinesMore>>

  • Trump talks tougher, now says he warned Putin on meddling

    Trump talks tougher, now says he warned Putin on meddling

    Wednesday, July 18 2018 12:31 AM EDT2018-07-18 04:31:41 GMT
    Thursday, July 19 2018 1:22 AM EDT2018-07-19 05:22:31 GMT
    (AP Photo/Andrew Harnik). President Donald Trump speaks to members of the media as he meets with members of Congress in the Cabinet Room of the White House, Tuesday, July 17, 2018, in Washington. Trump says he meant the opposite when he said in Helsink...(AP Photo/Andrew Harnik). President Donald Trump speaks to members of the media as he meets with members of Congress in the Cabinet Room of the White House, Tuesday, July 17, 2018, in Washington. Trump says he meant the opposite when he said in Helsink...

    Rebuked as never before by his own party, including a stern pushback from usually reserved Senate Majority Leader Mitch McConnell, the U.S. president sought to end 27 hours of recrimination by delivering a rare admission of error.

    More >>

    Rebuked as never before by his own party, including a stern pushback from usually reserved Senate Majority Leader Mitch McConnell, the U.S. president sought to end 27 hours of recrimination by delivering a rare admission of error.

    More >>
  • Marriott hotels eliminating plastic straws by 2019

    Marriott hotels eliminating plastic straws by 2019

    Wednesday, July 18 2018 12:25 AM EDT2018-07-18 04:25:22 GMT
    Wednesday, July 18 2018 10:47 AM EDT2018-07-18 14:47:09 GMT
    The world's largest hotel company said the move will eliminate approximately 1 billion straws and 250 million stirrers by July 2019. (Source: Pixabay, File)The world's largest hotel company said the move will eliminate approximately 1 billion straws and 250 million stirrers by July 2019. (Source: Pixabay, File)

    The world's largest hotel company said the move will eliminate approximately 1 billion straws and 250 million stirrers by July 2019.

    More >>

    The world's largest hotel company said the move will eliminate approximately 1 billion straws and 250 million stirrers by July 2019.

    More >>
  • Amazon's Prime Day runs into early snags

    Amazon's Prime Day runs into early snags

    Monday, July 16 2018 3:25 AM EDT2018-07-16 07:25:22 GMT
    Tuesday, July 17 2018 9:41 AM EDT2018-07-17 13:41:58 GMT
    (AP Photo/Patrick Semansky, File). FILE- In this Aug. 3, 2017, file photo, Myrtice Harris applies tape to a package before shipment at an Amazon fulfillment center in Baltimore. Amazon's Prime Day starts July 16, 2018, and will be six hours longer than...(AP Photo/Patrick Semansky, File). FILE- In this Aug. 3, 2017, file photo, Myrtice Harris applies tape to a package before shipment at an Amazon fulfillment center in Baltimore. Amazon's Prime Day starts July 16, 2018, and will be six hours longer than...

    This year's sales event, which starts Monday afternoon, will be six hours longer than last year's and will launch new products.

    More >>

    This year's sales event, which starts Monday afternoon, will be six hours longer than last year's and will launch new products.

    More >>

WEST PALM BEACH, Fla---- Affordable housing can be tough to find in Palm Beach County, but local developers are looking for a fix with "Micro Apartments."

Downtown West Palm Beach seems to be the place to be and Chris Schwenk knows it. The only problem is rent can be too high. He says it took him several months to find something he could afford. Everything was well over a thousand dollars a month.

"I've seen even higher. I've seen even 15, 16 depending on how close you are to the water."

Schwenk isn't alone. Millennials are looking to rent not just in Downtown West Palm Beach, but Delray Beach and Lake Worth. Real Estate studies show from 2006 to 2014, the number of renters went up nearly eight percent in West Palm Beach so median rent prices went up with it.

Rick Gonzalez at REG Architects says tiny homes, half the size and much cheaper than an average apartment are the solution. Developer Jeff Greene is proposing a 12 story "micro apartment" building at Rosemary and Banyan. Each unit roughly $1,000 to $1,200.

Gonzalez has something similar in the works.

"I think it's coming. Projects that are being proposed to do that. I'm working on a small rehab of a historic building on the North end of town."

He says those proposed apartments would be 400 to 500 square feet and the rent would be between $700-800 a month.

Copyright 2015 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Powered by Frankly

1100 Banyan Blvd.
West Palm Beach, FL 33401

FCC Public File
EEO Report
Closed Captioning

All content © Copyright 2000 - 2018 Raycom Media. All Rights Reserved.
For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.