Average Rent in Boca Raton, FL

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Current Versus Historical Boca Raton, FL Rents

Boca Raton rentals average $2,384 for a 1-bedroom rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $3,073, or roughly $3 per square feet.
For the apartment units and housing in July 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $1,846 (168.23%) year-over-year from $1,097 to $2,943. 1-bedroom rentals prices have increased by $777 (44.42%) year-over-year from $1,748 to $2,525. 2-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $3,149 to $3,149. 3-bedroom rentals prices have increased by $1,283 (31.95%) year-over-year from $4,017 to $5,300. 4-bedroom rentals prices have increased by $11,000 (169.23%) year-over-year from $6,500 to $17,500. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 9.67% this month. 1-bedroom rents have gone up by 13.06% this month. 2-bedroom rents have gone down by 0.00% this month. 3-bedroom rents have gone up by 5.65% this month. 4-bedroom rents have gone up by 74.13% this month.
Beds
Price / Sqft
Jul 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $2.94 $2,525 $1,748 (44.42%) $1,303 (93.86%)
2 BR $2.71 $3,149 $3,149 (0.00%) $3,025 (4.11%)
3 BR $3.15 $5,300 $4,017 (31.95%) $3,742 (41.65%)

Historical Rents in Boca Raton, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Boca Raton

There are a total of 3 cities nearby Boca Raton. The average rent in Boca Raton is currently $2,500 per month. A total of 3 cities nearby have an average rent lower than that. Our records show that Coral Springs, FL, with an average rent of $2,200, is the most affordable city nearby. In contrast, the most expensive city near Boca Raton, FL is Deerfield Beach, FL. Monthly rents here are on average $2,500 per month.

Let's compare Boca Raton, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 28.69% more expensive. Two bedrooms in Boca Raton, FL are about 26.13% more expensive. Finally, rent for three bedrooms are about 35.85% more expensive. Want more information? Check out the top 3 cities near Boca Raton, FL in the following chart.
City Studio 1 Bed 2 Bed All
Coral Springs, FL N/A $1,700 $2,000 $2,200
Deerfield Beach, FL N/A $1,700 $2,175 $2,500
Pompano Beach, FL $1,788 $1,700 $2,300 $2,500

Top Neighborhoods Near Boca Raton



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Boca Raton

Some of these counties include Coral Springs-Margate, FL, Boynton Beach-Delray Beach, FL, and Pompano Beach, FL. The average rent for rentals in these counties is $3,000. That's roughly around $2 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is Coral Springs-Margate, FL. It's average rent per month is $2,125. Vice versa, with an average rent of $3,825, Boca Raton, FL is the most expensive county by Boca Raton, FL.

In comparison, rent for one bedroom listings in Boca Raton, FL is 24.50% more expensive than other counties nearby. Finally, rent for two bedrooms in Boca Raton, FL is 21.04% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Coral Springs-Margate, FL N/A $1,700 $2,000 $2,125
Boynton Beach-Delray Beach, FL N/A $1,945 $2,325 $2,785
Pompano Beach, FL $1,788 $1,800 $2,800 $3,000
Deerfield Beach, FL N/A $1,750 $2,225 $3,350
Boca Raton, FL N/A $2,353 $3,073 $3,825

Top Zipcodes Near Boca Raton

There are a total of 3 zipcodes in or near Boca Raton, FL. The average rent for all of these zipcodes is $2,150. A total of 2 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 33069, Pompano Beach, FL at $2,100 per month. In comparison, the zipcode with the most expensive average rent of $3,875 per month is 33062, Pompano Beach, FL.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Boca Raton, FL is $1,700 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,100 per month. Which comes out to $2 per sqft. The following chart includes the top 3 zipcodes in Boca Raton, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
33062, Pompano Beach, FL $1,788 $2,250 $3,950 $3,875
33065, Coral Springs, FL N/A $1,675 $1,950 $2,150
33069, Pompano Beach, FL N/A $1,700 $2,100 $2,100

Frequently Asked Questions - Boca Raton Average Rents

What is the average rent price in Boca Raton, FL?
The average monthly rental price for Boca Raton, FL apartments for rent is approximately $3,073. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Boca Raton, FL rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Boca Raton, FL.
How much is a studio apartment in Boca Raton, FL?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Boca Raton.
How much is a one bedroom apartment in Boca Raton, FL?
The average monthly rental price for one bedroom apartments is $2,384 and an average price per square feet of $2.94. There are a total of 7 one bedroom apartment listings currently available for rent in Boca Raton.
How much is a two bedroom apartment in Boca Raton, FL?
The average monthly rental price for two bedroom apartments is $2,945 and an average price per square feet of $2.71. There are a total of 22 two bedroom apartment listings currently available for rent in Boca Raton.
How have rent prices in Boca Raton, FL changed this year?
Rent prices for rentals in Boca Raton, FL can fluctuate yearly. Specifically, studio rental prices have changed by 1.68%, one bedroom rental prices have changed by 0.44%, two bedroom rental prices have changed by 0.00%, and three bedroom rental prices have changed by 0.32% year-over-year.
What is a reasonable rent price in Boca Raton, FL?
A reasonable rent price in Boca Raton, FL is around $2,458/month. You can search for these reasonably priced rental listings on RentHop.
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