Rental market snapshot for Boca Raton, Florida

Boca Raton, Florida Rental Property Market Overview

The average rent for an apartment in Boca Raton is $2,945. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has increased by 2.8% over the past year.

Boca Raton is a city located in Palm Beach County, Florida, United States, that was incorporated on August 2, 1924. The 2015 population estimated by the U.S. Census Bureau was 93,235. However, approximately 200,000 people with a Boca Raton postal address reside outside its municipal boundaries. Such areas include newer developments like West Boca Raton. The town's name is derived from the Spanish boca ratón, meaning "mouse mouth".

Last Updated December 23, 2022

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Average monthly rent graph in Boca Raton Florida | Cost of Living

  • The most expensive ZIP Code in Boca Raton is 33498 with an average price of $3,250
  • The cheapest ZIP Code in Boca Raton is 33431 with an average price of $2,320

Boca Raton ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
133498$3,250
233432$3,201
333487$3,190
433487$3,150
533434$3,025
633496$2,975
733428$2,965
833433$2,950
933434$2,950
1033428$2,935

Live near Boca Raton, Florida's Top Sights and Attractions

Cyclopse Cave is an attraction located in Boca Raton, Florida. The attraction is a man-made cave that was created in the 1920s. The cave is made up of limestone and is home to a variety of animals, including bats.

Burt Aaronson South County Regional Park is a large park with many different amenities. There is a playground, a pavilion, a walking trail, a basketball court, and a pond. The pond is stocked with fish, and there is a fishing pier where people can fish. The park also has a dog park, where people can bring their dogs to play.

Meadows is an attraction located in Boca Raton, Florida. The attraction features a variety of gardens, including a butterfly garden, a hummingbird garden, and a children's garden. Visitors can also enjoy a variety of activities, such as picnicking, bird watching, and hiking.

Loggers Run Park is a beautiful park located in Boca Raton, Florida. The park features a variety of amenities including a playground, picnic tables, a walking trail, and a pond. The park is also home to a variety of wildlife including ducks, geese, and turtles.

West Boynton Park is a beautiful park located in Boca Raton, Florida. The park has a variety of amenities including a playground, picnic area, and walking trails. The park is also home to a variety of wildlife including birds and turtles.

Tastemakers At Mizner Park is a food hall that features local vendors selling a variety of food and drink items. There is also a stage for live music and entertainment.

Spanish River is a beautiful river that flows through the city of Boca Raton, Florida. The river is a popular spot for fishing, swimming, and kayaking.

Sugar Sand is a white sand beach located in Boca Raton, Florida. The beach is known for its sugar-like sand and clear blue waters.

Boca Raton, Florida area median rent change by ZIP Code map

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How does Boca Raton compare to other cities in Florida ?

citymedian price
Oakland$3,225
Lauderhill$2,745
Crestview$1,660
Tampa$2,199
Jacksonville Beach$2,700
Ruskin$2,285
Largo$2,010
Deerfield Beach$2,449
Bonita Springs$2,795

Average household income in Boca Raton area graph - US Census

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The median household income in Boca Raton in 2021 was $84,445. This represents a 18.2% change from 2011 when the median was $71,414.

#categorypercent
0Less than $10,0005.5%
1$10,000 to $14,9993.1%
2$15,000 to $19,9993.0%
3$20,000 to $24,9993.7%
4$25,000 to $29,9993.4%
5$30,000 to $34,9993.5%
6$35,000 to $39,9993.0%
7$40,000 to $44,9993.6%
8$45,000 to $49,9993.1%
9$50,000 to $59,9996.5%
10$60,000 to $74,9998.0%
11$75,000 to $99,99910.2%
12$100,000 to $124,9999.4%
13$125,000 to $149,9996.3%
14$150,000 to $199,9999.4%
15$200,000 or more18.4%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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