Rents in Palm Beach County climb hundreds a month due to rising insurance, property taxes

Rents in Palm Beach County climb hundreds a month due to rising insurance, property taxes: South Florida Sun-Sentinel

Landlords in South Florida say skyrocketing taxes and insurance costs are forcing them to sell their units or raise rents — in some cases by several hundred dollars a month.

Rental property doesn’t qualify for Florida’s Save Our Homes property tax break, which limits annual property tax increases on homes to 3 percent.