Average Rent in Delray Beach, FL

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Current Versus Historical Delray Beach, FL Rents

Delray Beach rentals average $4,300 for a studio rental to $15,000 for a 4-bedroom rental. The median price of all currently available listings is $3,786, or roughly $3 per square feet.
For the apartment units and housing in April 2024, median rents have fallenover the last year. Studio rentals prices have increased by $267 (15.38%) year-over-year from $1,733 to $2,000. 1-bedroom rentals prices have decreased by $133 (-6.21%) year-over-year from $2,133 to $2,000. 2-bedroom rentals prices have increased by $17 (0.62%) year-over-year from $2,683 to $2,700. 3-bedroom rentals prices have increased by $517 (12.97%) year-over-year from $3,983 to $4,500. 4-bedroom rentals prices have increased by $6,752 (128.64%) year-over-year from $5,248 to $12,000. 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 3.23% this month. 1-bedroom rents have gone up by 0.84% this month. 2-bedroom rents have gone up by 4.18% this month. 3-bedroom rents have gone up by 14.41% this month. 4-bedroom rents have gone up by 66.47% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $8.00 $2,000 $1,733 (15.38%) $1,264 (58.24%)
1 BR $3.09 $2,000 $2,133 (-6.21%) $1,517 (31.87%)
2 BR $2.63 $2,700 $2,683 (0.62%) $1,792 (50.70%)
3 BR $3.62 $4,500 $3,983 (12.97%) $3,067 (46.74%)
4+ BR $5.20 $12,000 $5,248 (128.64%) $16,550 (-27.49%)

Historical Rents in Delray Beach, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Delray Beach

There are a total of 2 cities nearby Delray Beach. The average rent in Delray Beach is currently $3,450 per month. Only one city nearby has an average rent lower than that. Our records show that Boynton Beach, FL, with an average rent of $2,700, is the most affordable city nearby. In contrast, the most expensive city near Delray Beach, FL is Boca Raton, FL. Monthly rents here are on average $4,200 per month.

Let's compare Delray Beach, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 3.12% more affordable. Two bedrooms in Delray Beach, FL are about 4.17% more expensive. Finally, rent for three bedrooms are about 24.37% more expensive. Want more information? Check out the top 2 cities near Delray Beach, FL in the following chart.
City Studio 1 Bed 2 Bed All
Boynton Beach, FL N/A $1,900 $2,500 $2,700
Boca Raton, FL N/A $2,493 $3,250 $4,200

Top Neighborhoods Near Delray Beach

There are a total of 2 neighborhoods in or near Delray Beach. We've included all of these top 2 neighborhoods in or near Delray Beach, FL in the following chart.

The average rent for these 2 neighborhoods in or near Delray Beach, FL is currently around $1,740 per month. A total of 2 neighborhoods have a lower average rent. Out of all the neighborhoods in or near Delray Beach, Century Village West has the most affordable average rent at $1,700 per month. Whereas, at $1,780 average rent per month, Kings Point is the most expensive neighborhood in or near Delray Beach. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Century Village West, Sunshine Parkway, FL N/A $1,565 $1,800 $1,700
Kings Point, Boynton Beach-Delray Beach, FL N/A $1,625 $1,850 $1,780

Top Counties Near Delray Beach

There are a total of 2 counties located by Delray Beach, FL. The average rent for rentals in these counties is $3,700. That's roughly around $3 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Boynton Beach-Delray Beach, FL. It's average rent per month is $2,900. Vice versa, with an average rent of $4,500, Boca Raton, FL is the most expensive county by Delray Beach, FL.

Typically, rent for studios in Delray Beach, FL is 50.00% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Delray Beach, FL is 4.44% more affordable than other counties nearby. Finally, rent for two bedrooms in Delray Beach, FL is 1.75% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Boynton Beach-Delray Beach, FL $4,300 $1,950 $2,500 $2,900
Boca Raton, FL N/A $2,499 $3,395 $4,500

Top Zipcodes Near Delray Beach

There are a total of 10 zipcodes in or near Delray Beach, FL. The average rent for all of these zipcodes is $3,500. A total of 6 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 $1,800 per month. In comparison, the zipcode with the most expensive average rent of $8,250 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 Delray Beach, FL is $2,050 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,687 per month. Which comes out to $3 per sqft. The following chart includes the top 10 zipcodes in Delray Beach, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
33435, Boynton Beach, FL N/A $2,000 $2,504 $2,648
33483, Delray Beach, FL $4,300 $2,225 $5,000 $6,000
33433, Boca Raton, FL N/A N/A $2,650 $3,500
33444, Delray Beach, FL N/A $2,100 $2,795 $3,500
33487, Boca Raton, FL N/A $2,000 $3,900 $4,121
33484, Boynton Beach-Delray Beach, FL N/A $1,700 $2,100 $2,300
33496, Boca Raton, FL N/A $2,188 $2,725 $8,250
33434, Sunshine Parkway, FL N/A $1,588 $1,850 $1,800
33445, Delray Beach, FL N/A $2,110 $2,200 $2,525
33431, Boca Raton, FL N/A $2,573 $3,000 $3,825

Frequently Asked Questions - Delray Beach Average Rents

What is the average rent price in Delray Beach, FL?
The average monthly rental price for Delray Beach, FL apartments for rent is approximately $3,786. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Delray Beach, 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 Delray Beach, FL.
How much is a studio apartment in Delray Beach, FL?
The average monthly rental price for studio apartments is $4,300 and an average price per square feet of $8.00. There are a total of 2 studio apartment listings currently available for rent in Delray Beach.
How much is a one bedroom apartment in Delray Beach, FL?
The average monthly rental price for one bedroom apartments is $2,130 and an average price per square feet of $3.09. There are a total of 36 one bedroom apartment listings currently available for rent in Delray Beach.
How much is a two bedroom apartment in Delray Beach, FL?
The average monthly rental price for two bedroom apartments is $3,000 and an average price per square feet of $2.63. There are a total of 123 two bedroom apartment listings currently available for rent in Delray Beach.
How have rent prices in Delray Beach, FL changed this year?
Rent prices for rentals in Delray Beach, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.15%, one bedroom rental prices have changed by -0.06%, two bedroom rental prices have changed by 0.01%, and three bedroom rental prices have changed by 0.13% year-over-year.
What is a reasonable rent price in Delray Beach, FL?
A reasonable rent price in Delray Beach, FL is around $3,029/month. You can search for these reasonably priced rental listings on RentHop.
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