Average Rent in Boca Raton, FL

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Current Versus Historical Boca Raton, FL Rents

Boca Raton rentals average $2,650 for a 1-bedroom rental to $8,750 for a 4-bedroom rental. The median price of all currently available listings is $4,350, or roughly $3 per square feet.
For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $1,380 (-98.43%) year-over-year from $1,402 to $22. 1-bedroom rentals prices have increased by $560 (31.37%) year-over-year from $1,785 to $2,345. 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 $1,050 (26.58%) year-over-year from $3,950 to $5,000. 4-bedroom rentals prices have increased by $507 (7.24%) year-over-year from $6,993 to $7,500. 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 97.73% this month. 1-bedroom rents have gone up by 15.19% this month. 2-bedroom rents have gone up by 0.52% this month. 3-bedroom rents have gone up by 7.91% this month. 4-bedroom rents have gone up by 21.29% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $3.15 $2,345 $1,785 (31.37%) $1,331 (76.21%)
2 BR $2.83 $3,149 $3,149 (0.00%) $2,375 (32.59%)
3 BR $3.10 $5,000 $3,950 (26.58%) $3,317 (50.75%)
4+ BR $3.99 $7,500 $6,993 (7.24%) $4,917 (52.54%)

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 8 cities nearby Boca Raton. The average rent in Boca Raton is currently $2,575 per month. A total of 7 cities nearby have an average rent lower than that. Our records show that Margate, FL, with an average rent of $1,925, is the most affordable city nearby. In contrast, the most expensive city near Boca Raton, FL is Highland Beach, FL. Monthly rents here are on average $6,000 per month.

Let's compare Boca Raton, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 33.97% more expensive. Two bedrooms in Boca Raton, FL are about 23.99% more expensive. Finally, rent for three bedrooms are about 32.69% more expensive. Want more information? Check out the top 8 cities near Boca Raton, FL in the following chart.
City Studio 1 Bed 2 Bed All
Margate, FL N/A $1,600 $1,975 $1,925
Coral Springs, FL N/A $1,700 $2,100 $2,175
Coconut Creek, FL N/A $1,800 $2,190 $2,273
Boynton Beach, FL N/A $1,900 $2,500 $2,500
Deerfield Beach, FL $1,600 $1,700 $2,600 $2,650
Pompano Beach, FL $1,725 $1,800 $2,497 $2,650
Delray Beach, FL N/A $2,300 $2,700 $3,550
Highland Beach, FL N/A N/A $4,800 $6,000

Top Neighborhoods Near Boca Raton

There are a total of 3 neighborhoods in or near Boca Raton. Some of these neighborhoods include Century Village West, Kings Point, and Palm Aire. We've included all of these top 3 neighborhoods in or near Boca Raton, FL in the following chart.

The average rent for these 3 neighborhoods in or near Boca Raton, FL is currently around $1,750 per month. A total of 3 neighborhoods have a lower average rent. Out of all the neighborhoods in or near Boca Raton, Century Village West has the most affordable average rent at $1,650 per month. Whereas, at $2,200 average rent per month, Palm Aire is the most expensive neighborhood in or near Boca Raton. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Century Village West, Sunshine Parkway, FL N/A $1,550 $1,750 $1,650
Kings Point, Boynton Beach-Delray Beach, FL N/A $1,600 $1,850 $1,750
Palm Aire, Pompano Beach, FL N/A $1,780 $2,200 $2,200

Top Counties Near Boca Raton

There are a total of 3 counties located by Boca Raton, FL. Some of these counties include Coral Springs-Margate, FL, Pompano Beach, FL, and Boynton Beach-Delray Beach, FL. The average rent for rentals in these counties is $2,800. That's roughly around $2 per sqft. A total of 4 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 $2,100. Vice versa, with an average rent of $4,500, Boca Raton, FL is the most expensive county by Boca Raton, FL.

In comparison, rent for one bedroom listings in Boca Raton, FL is 24.53% more expensive than other counties nearby. Finally, rent for two bedrooms in Boca Raton, FL is 23.94% 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 $1,650 $2,080 $2,100
Pompano Beach, FL $1,650 $2,000 $2,500 $2,750
Boynton Beach-Delray Beach, FL N/A $2,000 $2,500 $2,800
Deerfield Beach, FL $1,600 $1,750 $2,575 $3,500
Boca Raton, FL N/A $2,650 $3,350 $4,500

Top Zipcodes Near Boca Raton

There are a total of 21 zipcodes in or near Boca Raton, FL. The average rent for all of these zipcodes is $2,995. A total of 17 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 33434, Sunshine Parkway, FL at $1,750 per month. In comparison, the zipcode with the most expensive average rent of $9,000 per month is 33496, Boca Raton, FL.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Boca Raton, FL is $1,823 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,500 per month. Which comes out to $2 per sqft. The following chart includes the top 10 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 $2,150 $2,200 $3,100 $3,200
33065, Coral Springs, FL N/A $1,600 $2,000 $2,100
33435, Boynton Beach, FL N/A $1,950 $2,500 $2,500
33069, Pompano Beach, FL N/A $1,765 $2,200 $2,200
33432, Boca Raton, FL N/A $3,000 $4,000 $4,900
33444, Delray Beach, FL N/A $2,100 $2,795 $3,200
33483, Delray Beach, FL N/A $2,600 $5,500 $6,250
33433, Boca Raton, FL N/A $1,650 $2,700 $3,800
33487, Boca Raton, FL N/A $2,503 $4,200 $4,500
33064, Deerfield Beach, FL N/A $1,823 $2,350 $3,000

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 $4,350. 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 $2,650 and an average price per square feet of $3.15. There are a total of 27 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 $3,287 and an average price per square feet of $2.83. There are a total of 150 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 -0.98%, one bedroom rental prices have changed by 0.31%, two bedroom rental prices have changed by 0.00%, and three bedroom rental prices have changed by 0.27% year-over-year.
What is a reasonable rent price in Boca Raton, FL?
A reasonable rent price in Boca Raton, FL is around $3,480/month. You can search for these reasonably priced rental listings on RentHop.
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