Average Rent in Boca Raton, FL

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Current Versus Historical Boca Raton, FL Rents

Boca Raton rentals average $0 for a studio rental to $6,950 for a 4-bedroom rental. The median price of all currently available listings is $3,900, or roughly $3 per square feet.
For the apartment units and housing in November 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $53 (3.63%) year-over-year from $1,448 to $1,500. 1-bedroom rentals prices have increased by $352 (19.29%) year-over-year from $1,823 to $2,175. 2-bedroom rentals prices have decreased by $99 (-3.14%) year-over-year from $3,149 to $3,050. 3-bedroom rentals prices have increased by $250 (5.62%) year-over-year from $4,450 to $4,700. 4-bedroom rentals prices have increased by $717 (11.50%) year-over-year from $6,233 to $6,950. 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 up by 6.51% this month. 1-bedroom rents have gone up by 4.40% this month. 2-bedroom rents have gone down by 2.12% this month. 3-bedroom rents have gone down by 4.41% this month. 4-bedroom rents have gone up by 19.15% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $2.95 $2,175 $1,823 (19.29%) $1,433 (51.74%)
2 BR $2.50 $3,050 $3,149 (-3.14%) $3,149 (-3.14%)
3 BR $3.15 $4,700 $4,450 (5.62%) $4,192 (12.13%)
4+ BR $3.47 $6,950 $6,233 (11.50%) $5,523 (25.83%)

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 $2,500 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 $2,000, is the most affordable city nearby. In contrast, the most expensive city near Boca Raton, FL is Parkland, FL. Monthly rents here are on average $4,925 per month.

Let's compare Boca Raton, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 14.05% more expensive. Two bedrooms in Boca Raton, FL are about 16.96% more expensive. Finally, rent for three bedrooms are about 33.51% 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 $1,950 $2,000
Coral Springs, FL N/A $1,750 $2,000 $2,238
Coconut Creek, FL N/A $1,750 $2,250 $2,450
Deerfield Beach, FL $1,563 $1,950 $2,400 $2,500
Pompano Beach, FL $1,500 $1,800 $2,500 $2,500
Boynton Beach, FL N/A $1,750 $2,200 $2,523
Delray Beach, FL N/A $2,250 $2,900 $3,500
Parkland, FL N/A N/A $2,950 $4,925

Top Neighborhoods Near Boca Raton

There are a total of 1 neighborhoods in or near Boca Raton. We've included all of these top 1 neighborhoods in or near Boca Raton, FL in the following chart.

The average rent for these 1 neighborhoods in or near Boca Raton, FL is currently around $2,200 per month. A total of one neighborhood has a lower average rent. Out of all the neighborhoods in or near Boca Raton, Palm Aire has the most affordable average rent at $2,200 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
Palm Aire, Pompano Beach, FL N/A $1,600 $2,170 $2,200

Top Counties Near Boca Raton

There are a total of 1 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 $2,750. 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 $2,150. Vice versa, with an average rent of $4,000, Boca Raton, FL is the most expensive county by Boca Raton, FL.

In comparison, rent for one bedroom listings in Boca Raton, FL is 9.14% more expensive than other counties nearby. Finally, rent for two bedrooms in Boca Raton, FL is 14.29% 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 $2,150
Pompano Beach, FL $1,500 $1,900 $2,750 $2,700
Boynton Beach-Delray Beach, FL N/A $1,850 $2,350 $2,750
Deerfield Beach, FL $1,563 $1,800 $2,400 $2,900
Boca Raton, FL N/A $2,009 $2,800 $4,000

Top Zipcodes Near Boca Raton

There is one zipcode in or near Boca Raton, FL. The average rent for this zipcode is $2,000.

The following chart includes the zipcode in or near Boca Raton, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
33063, Margate, FL N/A $1,650 $1,998 $2,000

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 $3,900. 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 1 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 $2,036 and an average price per square feet of $2.95. There are a total of 16 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 $2,800 and an average price per square feet of $2.50. There are a total of 59 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 0.04%, one bedroom rental prices have changed by 0.19%, two bedroom rental prices have changed by -0.03%, and three bedroom rental prices have changed by 0.06% year-over-year.
What is a reasonable rent price in Boca Raton, FL?
A reasonable rent price in Boca Raton, FL is around $3,120/month. You can search for these reasonably priced rental listings on RentHop.
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